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722211 (Harmonized System 1996 for 6-digit)

2022
World Trade $1.44BRnk 1852 / 4769
2022
Top Exporter | Top Importer $207M | $200MGermany | Germany
2022
Product Complexity 1.33Rnk 328 / 4776
2021 - 2022
Export Growth (CAGR) 32%Rnk 386 / 4769
2022
Share of World Trade 0.0061%Rnk 1852 / 4769

About

Overview This page contains the latest trade data of Stainless Steel Rods: Hot-Processed, Circular Shape. In 2022, Stainless Steel Rods: Hot-Processed, Circular Shape were the world's 1852nd most traded product, with a total trade of $1.44B. Between 2021 and 2022 the exports of Stainless Steel Rods: Hot-Processed, Circular Shape grew by 32%, from $1.09B to $1.44B. Trade in Stainless Steel Rods: Hot-Processed, Circular Shape represent 0.0061% of total world trade.

Stainless Steel Rods: Hot-Processed, Circular Shape are a part of Stainless steel bars and rods, angles, shapes and sections.

Exports In 2022 the top exporters of Stainless Steel Rods: Hot-Processed, Circular Shape  were Germany ($207M), Italy ($158M), India ($157M), Spain ($153M), and China ($118M).

Imports In 2022 the top importers of Stainless Steel Rods: Hot-Processed, Circular Shape were Germany ($200M), Italy ($155M), United States ($103M), China ($76.5M), and Canada ($60M).

Ranking Stainless Steel Rods: Hot-Processed, Circular Shape ranks 328th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Stainless Steel Rods: Hot-Processed, Circular Shape. 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$207M
Top Destination (2022)Germany$200M

In 2022 Stainless Steel Rods: Hot-Processed, Circular Shape were the world's 1852nd most traded product (out of 4,769).

In 2022, the top exporters of Stainless Steel Rods: Hot-Processed, Circular Shape were Germany ($207M), Italy ($158M), India ($157M), Spain ($153M), and China ($118M).

In 2022, the top importers of Stainless Steel Rods: Hot-Processed, Circular Shape were Germany ($200M), Italy ($155M), United States ($103M), China ($76.5M), and Canada ($60M).

Explore Visualizations

Exporters of Stainless Steel Rods: Hot-Processed, Circular Shape (2022)
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Importers of Stainless Steel Rods: Hot-Processed, Circular Shape (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Italy$49.4M
Top Destination Growth (2021 -  2022)Germany$43.9M

Between 2021 and 2022, the exports of Stainless Steel Rods: Hot-Processed, Circular Shape grew the fastest in Italy ($49.4M), China ($49.2M), Spain ($45.1M), India ($44.6M), and Germany ($40.8M).

Between 2021 and 2022, the fastest growing importers of Stainless Steel Rods: Hot-Processed, Circular Shape were Germany ($43.9M), Italy ($37.6M), United States ($34.1M), Vietnam ($25.1M), and France ($22.1M).

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Exporters of Stainless Steel Rods: Hot-Processed, Circular Shape (2021 - 2022)

Importers of Stainless Steel Rods: Hot-Processed, Circular Shape (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Stainless Steel Rods: Hot-Processed, Circular Shape.

In 2022, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Stainless Steel Rods: Hot-Processed, Circular Shape are explained by 16 countries.

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Value of Exports in Stainless Steel Rods: Hot-Processed, Circular Shape

Net Trade

TOP NET EXPORTER (2022)Spain$135M
TOP NET IMPORTER (2022)Canada$55.7M

This map shows which countries export or import more of Stainless Steel Rods: Hot-Processed, Circular Shape. Each country is colored based on the difference in exports and imports of Stainless Steel Rods: Hot-Processed, Circular Shape during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Stainless Steel Rods: Hot-Processed, Circular Shape were Spain ($135M), India ($130M), Sweden ($62.4M), France ($45.5M), and China ($41.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Stainless Steel Rods: Hot-Processed, Circular Shape were Canada ($55.7M), Vietnam ($46.6M), United States ($34.8M), Mexico ($28.9M), and Turkey ($25.8M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Stainless Steel Rods: Hot-Processed, Circular Shape.
It is possible to select the main countries that export or import Stainless Steel Rods: Hot-Processed, Circular Shape in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Stainless Steel Rods: Hot-Processed, Circular Shape 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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