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721890 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.89BRnk 746 / 4644
2023
Top Exporter | Top Importer $2.88B | $1.41BIndonesia | India
2023
Product Complexity 0.88Rnk 983 / 4656
2022 - 2023
Export Growth (CAGR) -28.5%Rnk 4182 / 4644
2023
Share of World Trade 0.022%Rnk 746 / 4644

About

Overview This page contains the latest trade data of Semi-finished products, stainless steel. In 2023, Semi-finished products, stainless steel were the world's 746th most traded product, with a total trade of $4.89B. Between 2022 and 2023 the exports of Semi-finished products, stainless steel decreased by -28.5%, from $6.84B to $4.89B. Trade in Semi-finished products, stainless steel represent 0.022% of total world trade.

Semi-finished products, stainless steel are a part of Stainless Steel Ingots.

Exports In 2023 the top exporters of Semi-finished products, stainless steel  were Indonesia ($2.88B), United Kingdom ($754M), Sweden ($286M), Italy ($152M), and South Korea ($119M).

Imports In 2023 the top importers of Semi-finished products, stainless steel were India ($1.41B), China ($1.22B), Chinese Taipei ($415M), Belgium ($362M), and Sweden ($354M).

Ranking Semi-finished products, stainless steel ranks 983rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Semi-finished products, stainless steel. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Indonesia$2.88B
Top Destination (2023)India$1.41B

In 2023 Semi-finished products, stainless steel were the world's 746th most traded product (out of 4,644).

In 2023, the top exporters of Semi-finished products, stainless steel were Indonesia ($2.88B), United Kingdom ($754M), Sweden ($286M), Italy ($152M), and South Korea ($119M).

In 2023, the top importers of Semi-finished products, stainless steel were India ($1.41B), China ($1.22B), Chinese Taipei ($415M), Belgium ($362M), and Sweden ($354M).

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Exporters of Semi-finished products, stainless steel (2023)
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Importers of Semi-finished products, stainless steel (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$15M
Top Destination Growth (2022 -  2023)India$750M

Between 2022 and 2023, the exports of Semi-finished products, stainless steel grew the fastest in France ($15M), Netherlands ($10.6M), Finland ($10.2M), Austria ($7.68M), and Spain ($5.99M).

Between 2022 and 2023, the fastest growing importers of Semi-finished products, stainless steel were India ($750M), Belgium ($290M), Austria ($33.3M), Ukraine ($24.9M), and Romania ($11.9M).

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Exporters of Semi-finished products, stainless steel (2022 - 2023)

Importers of Semi-finished products, stainless steel (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Semi-finished products, stainless steel.

In 2023, market concentration measured using Shannon Entropy, was 2.36. This means that most of the exports of Semi-finished products, stainless steel are explained by 5 countries.

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Value of Exports in Semi-finished products, stainless steel

Net Trade

TOP NET EXPORTER (2023)Indonesia$2.86B
TOP NET IMPORTER (2023)India$1.36B

This map shows which countries export or import more of Semi-finished products, stainless steel. Each country is colored based on the difference in exports and imports of Semi-finished products, stainless steel during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Semi-finished products, stainless steel were Indonesia ($2.86B), United Kingdom ($715M), South Korea ($80.6M), Italy ($79.8M), and Spain ($67.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Semi-finished products, stainless steel were India ($1.36B), China ($1.19B), Chinese Taipei ($387M), Belgium ($286M), and United States ($228M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Semi-finished products, stainless steel.
It is possible to select the main countries that export or import Semi-finished products, stainless steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Semi-finished products, stainless steel by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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