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721899 (Harmonized System 1996 for 6-digit)

2023
World Trade $2.09BRnk 1424 / 4766
2023
Top Exporter | Top Importer $971M | $932MIndonesia | China
2023
Product Complexity 0.79Rnk 1163 / 4780
2022 - 2023
Export Growth (CAGR) -50.6%Rnk 4649 / 4766
2023
Share of World Trade 0.0092%Rnk 1424 / 4766

About

Overview This page contains the latest trade data of Stainless Steel: Semi-Finished, Other Shapes. In 2023, Stainless Steel: Semi-Finished, Other Shapes were the world's 1424th most traded product, with a total trade of $2.09B. Between 2022 and 2023 the exports of Stainless Steel: Semi-Finished, Other Shapes decreased by -50.6%, from $4.23B to $2.09B. Trade in Stainless Steel: Semi-Finished, Other Shapes represent 0.0092% of total world trade.

Stainless Steel: Semi-Finished, Other Shapes are a part of Stainless steel in ingots or other primary forms; semi-finished products of stainless....

Exports In 2023 the top exporters of Stainless Steel: Semi-Finished, Other Shapes  were Indonesia ($971M), Sweden ($251M), United Kingdom ($194M), Italy ($149M), and Spain ($110M).

Imports In 2023 the top importers of Stainless Steel: Semi-Finished, Other Shapes were China ($932M), United States ($186M), France ($116M), Sweden ($99M), and Germany ($94.4M).

Ranking Stainless Steel: Semi-Finished, Other Shapes ranks 1163rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Stainless Steel: Semi-Finished, Other Shapes. 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$971M
Top Destination (2023)China$932M

In 2023 Stainless Steel: Semi-Finished, Other Shapes were the world's 1424th most traded product (out of 4,766).

In 2023, the top exporters of Stainless Steel: Semi-Finished, Other Shapes were Indonesia ($971M), Sweden ($251M), United Kingdom ($194M), Italy ($149M), and Spain ($110M).

In 2023, the top importers of Stainless Steel: Semi-Finished, Other Shapes were China ($932M), United States ($186M), France ($116M), Sweden ($99M), and Germany ($94.4M).

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Exporters of Stainless Steel: Semi-Finished, Other Shapes (2023)
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Importers of Stainless Steel: Semi-Finished, Other Shapes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Austria$8.16M
Top Destination Growth (2022 -  2023)India$27M

Between 2022 and 2023, the exports of Stainless Steel: Semi-Finished, Other Shapes grew the fastest in Austria ($8.16M), Sweden ($7.26M), Canada ($6.75M), Slovakia ($5.63M), and Japan ($4.24M).

Between 2022 and 2023, the fastest growing importers of Stainless Steel: Semi-Finished, Other Shapes were India ($27M), Ukraine ($24.4M), Austria ($22.9M), Romania ($11.9M), and Indonesia ($5.49M).

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Exporters of Stainless Steel: Semi-Finished, Other Shapes (2022 - 2023)

Importers of Stainless Steel: Semi-Finished, Other Shapes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Stainless Steel: Semi-Finished, Other Shapes.

In 2023, market concentration measured using Shannon Entropy, was 2.95. This means that most of the exports of Stainless Steel: Semi-Finished, Other Shapes are explained by 7 countries.

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Value of Exports in Stainless Steel: Semi-Finished, Other Shapes

Net Trade

TOP NET EXPORTER (2023)Indonesia$947M
TOP NET IMPORTER (2023)China$901M

This map shows which countries export or import more of Stainless Steel: Semi-Finished, Other Shapes. Each country is colored based on the difference in exports and imports of Stainless Steel: Semi-Finished, Other Shapes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Stainless Steel: Semi-Finished, Other Shapes were Indonesia ($947M), United Kingdom ($166M), Sweden ($152M), Italy ($79.2M), and Spain ($76.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Stainless Steel: Semi-Finished, Other Shapes were China ($901M), United States ($174M), France ($80.3M), Chinese Taipei ($52.7M), and Ukraine ($48.5M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Stainless Steel: Semi-Finished, Other Shapes 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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