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721891 (Harmonized System 1996 for 6-digit)

2022
World Trade $2.59BRnk 1289 / 4769
2022
Top Exporter | Top Importer $1.72B | $650MIndonesia | China
2022
Product Complexity 0.91Rnk 938 / 4776
2021 - 2022
Export Growth (CAGR) 47.3%Rnk 184 / 4769
2022
Share of World Trade 0.011%Rnk 1289 / 4769

About

Overview This page contains the latest trade data of Stainless Steel: Semi-Finished, Rectangular Shape. In 2022, Stainless Steel: Semi-Finished, Rectangular Shape were the world's 1289th most traded product, with a total trade of $2.59B. Between 2021 and 2022 the exports of Stainless Steel: Semi-Finished, Rectangular Shape grew by 47.3%, from $1.76B to $2.59B. Trade in Stainless Steel: Semi-Finished, Rectangular Shape represent 0.011% 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 2022 the top exporters of Stainless Steel: Semi-Finished, Rectangular Shape  were Indonesia ($1.72B), United Kingdom ($472M), South Korea ($120M), Belgium ($86.2M), and Sweden ($60.6M).

Imports In 2022 the top importers of Stainless Steel: Semi-Finished, Rectangular Shape were China ($650M), India ($569M), Sweden ($375M), Chinese Taipei ($350M), and Italy ($142M).

Ranking Stainless Steel: Semi-Finished, Rectangular Shape ranks 938th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

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 (2022)Indonesia$1.72B
Top Destination (2022)China$650M

In 2022 Stainless Steel: Semi-Finished, Rectangular Shape were the world's 1289th most traded product (out of 4,769).

In 2022, the top exporters of Stainless Steel: Semi-Finished, Rectangular Shape were Indonesia ($1.72B), United Kingdom ($472M), South Korea ($120M), Belgium ($86.2M), and Sweden ($60.6M).

In 2022, the top importers of Stainless Steel: Semi-Finished, Rectangular Shape were China ($650M), India ($569M), Sweden ($375M), Chinese Taipei ($350M), and Italy ($142M).

Explore Visualizations

Exporters of Stainless Steel: Semi-Finished, Rectangular Shape (2022)
[Click to Select a Country]

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

Color
Top Origin Growth (2021 -  2022)Indonesia$702M
Top Destination Growth (2021 -  2022)India$568M

Between 2021 and 2022, the exports of Stainless Steel: Semi-Finished, Rectangular Shape grew the fastest in Indonesia ($702M), South Korea ($93.3M), United Kingdom ($57.9M), Brazil ($28.3M), and Belgium ($20.2M).

Between 2021 and 2022, the fastest growing importers of Stainless Steel: Semi-Finished, Rectangular Shape were India ($568M), China ($343M), Belgium ($51.7M), South Korea ($32.2M), and France ($23.5M).

Explore Visualizations

Exporters of Stainless Steel: Semi-Finished, Rectangular Shape (2021 - 2022)

Importers of Stainless Steel: Semi-Finished, Rectangular Shape (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 1.74. 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 (2022)Indonesia$1.72B
TOP NET IMPORTER (2022)China$644M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Stainless Steel: Semi-Finished, Rectangular Shape were Indonesia ($1.72B), United Kingdom ($466M), South Korea ($58M), Belgium ($30.5M), and Brazil ($28.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Stainless Steel: Semi-Finished, Rectangular Shape were China ($644M), India ($568M), Chinese Taipei ($345M), Sweden ($315M), and Italy ($138M).

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: 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 (2022)

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