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721891 (Harmonized System 1996 for 6-digit)

2023
World Trade $2.86BRnk 1159 / 4766
2023
Top Exporter | Top Importer $1.93B | $1.34BIndonesia | India
2023
Product Complexity 1.18Rnk 503 / 4780
2022 - 2023
Export Growth (CAGR) 7.18%Rnk 884 / 4766
2023
Share of World Trade 0.013%Rnk 1159 / 4766

About

Overview This page contains the latest trade data of Stainless Steel: Semi-Finished, Rectangular Shape. In 2023, Stainless Steel: Semi-Finished, Rectangular Shape were the world's 1159th most traded product, with a total trade of $2.86B. Between 2022 and 2023 the exports of Stainless Steel: Semi-Finished, Rectangular Shape grew by 7.18%, from $2.67B to $2.86B. Trade in Stainless Steel: Semi-Finished, Rectangular Shape represent 0.013% of total world trade.

Stainless Steel: Semi-Finished, Rectangular Shape 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, Rectangular Shape  were Indonesia ($1.93B), United Kingdom ($559M), South Korea ($113M), Belgium ($70.5M), and Sweden ($45.3M).

Imports In 2023 the top importers of Stainless Steel: Semi-Finished, Rectangular Shape were India ($1.34B), Belgium ($353M), Chinese Taipei ($341M), China ($289M), and Sweden ($255M).

Ranking Stainless Steel: Semi-Finished, Rectangular Shape ranks 503rd 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, Rectangular 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 (2023)Indonesia$1.93B
Top Destination (2023)India$1.34B

In 2023 Stainless Steel: Semi-Finished, Rectangular Shape were the world's 1159th most traded product (out of 4,766).

In 2023, the top exporters of Stainless Steel: Semi-Finished, Rectangular Shape were Indonesia ($1.93B), United Kingdom ($559M), South Korea ($113M), Belgium ($70.5M), and Sweden ($45.3M).

In 2023, the top importers of Stainless Steel: Semi-Finished, Rectangular Shape were India ($1.34B), Belgium ($353M), Chinese Taipei ($341M), China ($289M), and Sweden ($255M).

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Exporters of Stainless Steel: Semi-Finished, Rectangular Shape (2023)
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Importers of Stainless Steel: Semi-Finished, Rectangular Shape (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Indonesia$89.8M
Top Destination Growth (2022 -  2023)India$742M

Between 2022 and 2023, the exports of Stainless Steel: Semi-Finished, Rectangular Shape grew the fastest in Indonesia ($89.8M), United Kingdom ($87.1M), France ($22.5M), Germany ($22M), and Netherlands ($9.26M).

Between 2022 and 2023, the fastest growing importers of Stainless Steel: Semi-Finished, Rectangular Shape were India ($742M), Belgium ($288M), Finland ($13.8M), Austria ($11.3M), and Germany ($10.5M).

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Exporters of Stainless Steel: Semi-Finished, Rectangular Shape (2022 - 2023)

Importers of Stainless Steel: Semi-Finished, Rectangular Shape (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 1.64. This means that most of the exports of Stainless Steel: Semi-Finished, Rectangular Shape are explained by 3 countries.

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Value of Exports in Stainless Steel: Semi-Finished, Rectangular Shape

Net Trade

TOP NET EXPORTER (2023)Indonesia$1.93B
TOP NET IMPORTER (2023)India$1.34B

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

In 2023, the countries that had a largest trade value in exports than in imports of Stainless Steel: Semi-Finished, Rectangular Shape were Indonesia ($1.93B), United Kingdom ($549M), South Korea ($76.6M), Netherlands ($10.5M), and Canada ($7.97M).

In 2023, the countries that had a largest trade value in imports than in exports of Stainless Steel: Semi-Finished, Rectangular Shape were India ($1.34B), Chinese Taipei ($334M), China ($286M), Belgium ($282M), and Sweden ($209M).

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, Rectangular Shape.
It is possible to select the main countries that export or import Stainless Steel: Semi-Finished, Rectangular Shape in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Stainless Steel: Semi-Finished, Rectangular 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 (2023)

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