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722230 (Harmonized System 1992 for 6-digit)

2022
World Trade $969MRnk 2240 / 4648
2022
Top Exporter | Top Importer $207M | $139MIndia | Germany
2022
Product Complexity 0.17Rnk 2251 / 4653
2021 - 2022
Export Growth (CAGR) 15%Rnk 1106 / 4648
2022
Share of World Trade 0.0041%Rnk 2240 / 4648

About

Overview This page contains the latest trade data of Stainless steel bar or rod nes. In 2022, Stainless steel bar or rod nes were the world's 2240th most traded product, with a total trade of $969M. Between 2021 and 2022 the exports of Stainless steel bar or rod nes grew by 15%, from $843M to $969M. Trade in Stainless steel bar or rod nes represent 0.0041% of total world trade.

Stainless steel bar or rod nes are a part of Other Stainless Steel Bars.

Exports In 2022 the top exporters of Stainless steel bar or rod nes  were India ($207M), Italy ($150M), Germany ($146M), Sweden ($69.7M), and China ($61.6M).

Imports In 2022 the top importers of Stainless steel bar or rod nes were Germany ($139M), France ($93.5M), Netherlands ($53.9M), South Korea ($44.6M), and Italy ($41.2M).

Ranking Stainless steel bar or rod nes ranks 2251st in the Product Complexity Index (PCI).

Description Stainless steel bar is most often found in the form of rods used for reinforcing concrete. Stainless steel is an excellent choice for reinforcing, because it is corrosion-resistant and has high tensile strength.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Stainless steel bar or rod nes. 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)India$207M
Top Destination (2022)Germany$139M

In 2022 Stainless steel bar or rod nes were the world's 2240th most traded product (out of 4,648).

In 2022, the top exporters of Stainless steel bar or rod nes were India ($207M), Italy ($150M), Germany ($146M), Sweden ($69.7M), and China ($61.6M).

In 2022, the top importers of Stainless steel bar or rod nes were Germany ($139M), France ($93.5M), Netherlands ($53.9M), South Korea ($44.6M), and Italy ($41.2M).

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Exporters of Stainless steel bar or rod nes (2022)
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Importers of Stainless steel bar or rod nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Italy$42.9M
Top Destination Growth (2021 -  2022)Germany$51M

Between 2021 and 2022, the exports of Stainless steel bar or rod nes grew the fastest in Italy ($42.9M), Spain ($28M), India ($21.3M), United States ($17.3M), and China ($16.4M).

Between 2021 and 2022, the fastest growing importers of Stainless steel bar or rod nes were Germany ($51M), Netherlands ($24M), France ($19M), United States ($12M), and Canada ($10.7M).

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Exporters of Stainless steel bar or rod nes (2021 - 2022)

Importers of Stainless steel bar or rod nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Stainless steel bar or rod nes.

In 2022, market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Stainless steel bar or rod nes are explained by 15 countries.

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Value of Exports in Stainless steel bar or rod nes

Net Trade

TOP NET EXPORTER (2022)India$190M
TOP NET IMPORTER (2022)France$80M

This map shows which countries export or import more of Stainless steel bar or rod nes. Each country is colored based on the difference in exports and imports of Stainless steel bar or rod nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Stainless steel bar or rod nes were India ($190M), Italy ($109M), Sweden ($61.2M), China ($26M), and Chinese Taipei ($19.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Stainless steel bar or rod nes were France ($80M), Netherlands ($49.1M), South Korea ($37.9M), Belgium ($25.1M), and Canada ($22.9M).

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 or rod nes.
It is possible to select the main countries that export or import Stainless steel bar or rod nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Stainless steel bar or rod nes 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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