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731210 (Harmonized System 1992 for 6-digit)

2023
World Trade $7.63BRnk 490 / 4644
2023
Top Exporter | Top Importer $2.41B | $1.13BChina | United States
2023
Product Complexity -0.015Rnk 2571 / 4656
2022 - 2023
Export Growth (CAGR) -13.7%Rnk 3110 / 4644
2023
Share of World Trade 0.034%Rnk 490 / 4644

About

Overview This page contains the latest trade data of Stranded steel wire/cable/etc, no electric insulation. In 2023, Stranded steel wire/cable/etc, no electric insulation were the world's 490th most traded product, with a total trade of $7.63B. Between 2022 and 2023 the exports of Stranded steel wire/cable/etc, no electric insulation decreased by -13.7%, from $8.84B to $7.63B. Trade in Stranded steel wire/cable/etc, no electric insulation represent 0.034% of total world trade.

Stranded steel wire/cable/etc, no electric insulation are a part of Stranded Iron Wire.

Exports In 2023 the top exporters of Stranded steel wire/cable/etc, no electric insulation  were China ($2.41B), South Korea ($521M), Vietnam ($427M), Germany ($423M), and Thailand ($312M).

Imports In 2023 the top importers of Stranded steel wire/cable/etc, no electric insulation were United States ($1.13B), Germany ($380M), Canada ($285M), Vietnam ($251M), and India ($246M).

Ranking Stranded steel wire/cable/etc, no electric insulation ranks 2571st in the Product Complexity Index (PCI).

Description Stranded steel wire/cable is the most common type of wire used in electrical engineering applications. It is typically used in power transmission and distribution lines, for grounding, and in other applications where high-voltage or high-current electrical power is used.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Stranded steel wire/cable/etc, no electric insulation. 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)China$2.41B
Top Destination (2023)United States$1.13B

In 2023 Stranded steel wire/cable/etc, no electric insulation were the world's 490th most traded product (out of 4,644).

In 2023, the top exporters of Stranded steel wire/cable/etc, no electric insulation were China ($2.41B), South Korea ($521M), Vietnam ($427M), Germany ($423M), and Thailand ($312M).

In 2023, the top importers of Stranded steel wire/cable/etc, no electric insulation were United States ($1.13B), Germany ($380M), Canada ($285M), Vietnam ($251M), and India ($246M).

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Exporters of Stranded steel wire/cable/etc, no electric insulation (2023)
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Importers of Stranded steel wire/cable/etc, no electric insulation (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$15.2M
Top Destination Growth (2022 -  2023)Saudi Arabia$32.8M

Between 2022 and 2023, the exports of Stranded steel wire/cable/etc, no electric insulation grew the fastest in United States ($15.2M), United Kingdom ($14M), Hong Kong ($8.72M), Switzerland ($7.49M), and Egypt ($6.41M).

Between 2022 and 2023, the fastest growing importers of Stranded steel wire/cable/etc, no electric insulation were Saudi Arabia ($32.8M), Turkey ($27.5M), United Arab Emirates ($20.9M), Malaysia ($14.4M), and Cambodia ($13.7M).

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Exporters of Stranded steel wire/cable/etc, no electric insulation (2022 - 2023)

Importers of Stranded steel wire/cable/etc, no electric insulation (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Stranded steel wire/cable/etc, no electric insulation.

In 2023, market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Stranded steel wire/cable/etc, no electric insulation are explained by 19 countries.

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Value of Exports in Stranded steel wire/cable/etc, no electric insulation

Net Trade

TOP NET EXPORTER (2023)China$2.19B
TOP NET IMPORTER (2023)United States$839M

This map shows which countries export or import more of Stranded steel wire/cable/etc, no electric insulation. Each country is colored based on the difference in exports and imports of Stranded steel wire/cable/etc, no electric insulation during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Stranded steel wire/cable/etc, no electric insulation were China ($2.19B), South Korea ($291M), Vietnam ($177M), Romania ($161M), and Malaysia ($124M).

In 2023, the countries that had a largest trade value in imports than in exports of Stranded steel wire/cable/etc, no electric insulation were United States ($839M), Canada ($248M), Brazil ($153M), Poland ($144M), and Netherlands ($103M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Stranded steel wire/cable/etc, no electric insulation.
It is possible to select the main countries that export or import Stranded steel wire/cable/etc, no electric insulation in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Stranded steel wire/cable/etc, no electric insulation 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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