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722210 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.13BRnk 1429 / 4648
2022
Top Exporter | Top Importer $282M | $294MGermany | Germany
2022
Product Complexity 0.96Rnk 842 / 4653
2021 - 2022
Export Growth (CAGR) 32.9%Rnk 357 / 4648
2022
Share of World Trade 0.009%Rnk 1429 / 4648

About

Overview This page contains the latest trade data of Stainless steel bar nfw than hot rolled/drawn/extrude. In 2022, Stainless steel bar nfw than hot rolled/drawn/extrude were the world's 1429th most traded product, with a total trade of $2.13B. Between 2021 and 2022 the exports of Stainless steel bar nfw than hot rolled/drawn/extrude grew by 32.9%, from $1.6B to $2.13B. Trade in Stainless steel bar nfw than hot rolled/drawn/extrude represent 0.009% of total world trade.

Stainless steel bar nfw than hot rolled/drawn/extrude are a part of Other Stainless Steel Bars.

Exports In 2022 the top exporters of Stainless steel bar nfw than hot rolled/drawn/extrude  were Germany ($282M), India ($276M), Italy ($246M), Spain ($159M), and China ($153M).

Imports In 2022 the top importers of Stainless steel bar nfw than hot rolled/drawn/extrude were Germany ($294M), United States ($200M), Italy ($185M), China ($177M), and Canada ($76.3M).

Ranking Stainless steel bar nfw than hot rolled/drawn/extrude ranks 842nd 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 Stainless steel bar nfw than hot rolled/drawn/extrude. 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 (2022)Germany$282M
Top Destination (2022)Germany$294M

In 2022 Stainless steel bar nfw than hot rolled/drawn/extrude were the world's 1429th most traded product (out of 4,648).

In 2022, the top exporters of Stainless steel bar nfw than hot rolled/drawn/extrude were Germany ($282M), India ($276M), Italy ($246M), Spain ($159M), and China ($153M).

In 2022, the top importers of Stainless steel bar nfw than hot rolled/drawn/extrude were Germany ($294M), United States ($200M), Italy ($185M), China ($177M), and Canada ($76.3M).

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Exporters of Stainless steel bar nfw than hot rolled/drawn/extrude (2022)
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Importers of Stainless steel bar nfw than hot rolled/drawn/extrude (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Korea$92.2M
Top Destination Growth (2021 -  2022)China$79.1M

Between 2021 and 2022, the exports of Stainless steel bar nfw than hot rolled/drawn/extrude grew the fastest in South Korea ($92.2M), India ($63.8M), China ($62.1M), Germany ($58.3M), and Italy ($56M).

Between 2021 and 2022, the fastest growing importers of Stainless steel bar nfw than hot rolled/drawn/extrude were China ($79.1M), Germany ($72.4M), United States ($46.5M), Italy ($41M), and Belgium ($37.7M).

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Exporters of Stainless steel bar nfw than hot rolled/drawn/extrude (2021 - 2022)

Importers of Stainless steel bar nfw than hot rolled/drawn/extrude (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Stainless steel bar nfw than hot rolled/drawn/extrude.

In 2022, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Stainless steel bar nfw than hot rolled/drawn/extrude are explained by 18 countries.

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Value of Exports in Stainless steel bar nfw than hot rolled/drawn/extrude

Net Trade

TOP NET EXPORTER (2022)India$237M
TOP NET IMPORTER (2022)United States$103M

This map shows which countries export or import more of Stainless steel bar nfw than hot rolled/drawn/extrude. Each country is colored based on the difference in exports and imports of Stainless steel bar nfw than hot rolled/drawn/extrude during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Stainless steel bar nfw than hot rolled/drawn/extrude were India ($237M), Spain ($128M), South Korea ($79.7M), Sweden ($71.1M), and Italy ($61.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Stainless steel bar nfw than hot rolled/drawn/extrude were United States ($103M), Canada ($71.5M), Vietnam ($57.2M), Belgium ($49.9M), and Mexico ($40.3M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Stainless steel bar nfw than hot rolled/drawn/extrude.
It is possible to select the main countries that export or import Stainless steel bar nfw than hot rolled/drawn/extrude in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Stainless steel bar nfw than hot rolled/drawn/extrude 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 (2022)

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