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721739 (Harmonized System 1992 for 6-digit)

2022
World Trade $9.44MRnk 4532 / 4648
2022
Top Exporter | Top Importer $4.23M | $3.84MChina | Rwanda
2022
Product Complexity -1.28Rnk 4090 / 4653
2021 - 2022
Export Growth (CAGR) -30.9%Rnk 4457 / 4648
2022
Share of World Trade <0.01%Rnk 4532 / 4648

About

Overview This page contains the latest trade data of Wire, iron or non-alloy steel, more than 0.6% carbon, nes. In 2022, Wire, iron or non-alloy steel, more than 0.6% carbon, nes were the world's 4532nd most traded product, with a total trade of $9.44M. Between 2021 and 2022 the exports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes decreased by -30.9%, from $13.7M to $9.44M. Trade in Wire, iron or non-alloy steel, more than 0.6% carbon, nes represent 0.00004% of total world trade.

Wire, iron or non-alloy steel, more than 0.6% carbon, nes are a part of Iron Wire.

Exports In 2022 the top exporters of Wire, iron or non-alloy steel, more than 0.6% carbon, nes  were China ($4.23M), Palestine ($1.11M), Kenya ($1.11M), South Africa ($741k), and United Arab Emirates ($449k).

Imports In 2022 the top importers of Wire, iron or non-alloy steel, more than 0.6% carbon, nes were Rwanda ($3.84M), Tajikistan ($1.73M), Israel ($1.11M), Democratic Republic of the Congo ($1.08M), and Trinidad and Tobago ($826k).

Ranking Wire, iron or non-alloy steel, more than 0.6% carbon, nes ranks 4090th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wire, iron or non-alloy steel, more than 0.6% carbon, nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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)China$4.23M
Top Destination (2022)Rwanda$3.84M

In 2022 Wire, iron or non-alloy steel, more than 0.6% carbon, nes were the world's 4532nd most traded product (out of 4,648).

In 2022, the top exporters of Wire, iron or non-alloy steel, more than 0.6% carbon, nes were China ($4.23M), Palestine ($1.11M), Kenya ($1.11M), South Africa ($741k), and United Arab Emirates ($449k).

In 2022, the top importers of Wire, iron or non-alloy steel, more than 0.6% carbon, nes were Rwanda ($3.84M), Tajikistan ($1.73M), Israel ($1.11M), Democratic Republic of the Congo ($1.08M), and Trinidad and Tobago ($826k).

Explore Visualizations

Exporters of Wire, iron or non-alloy steel, more than 0.6% carbon, nes (2022)
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Importers of Wire, iron or non-alloy steel, more than 0.6% carbon, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$997k
Top Destination Growth (2021 -  2022)Tajikistan$705k

Between 2021 and 2022, the exports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes grew the fastest in China ($997k), Kenya ($779k), Palestine ($213k), South Africa ($164k), and Uganda ($81.6k).

Between 2021 and 2022, the fastest growing importers of Wire, iron or non-alloy steel, more than 0.6% carbon, nes were Tajikistan ($705k), Rwanda ($478k), Trinidad and Tobago ($421k), Democratic Republic of the Congo ($294k), and Israel ($144k).

Explore Visualizations

Exporters of Wire, iron or non-alloy steel, more than 0.6% carbon, nes (2021 - 2022)

Importers of Wire, iron or non-alloy steel, more than 0.6% carbon, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes.

In 2022, market concentration measured using Shannon Entropy, was 2.84. This means that most of the exports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes are explained by 7 countries.

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Value of Exports in Wire, iron or non-alloy steel, more than 0.6% carbon, nes

Net Trade

TOP NET EXPORTER (2022)China$4.23M
TOP NET IMPORTER (2022)Rwanda$3.67M

This map shows which countries export or import more of Wire, iron or non-alloy steel, more than 0.6% carbon, nes. Each country is colored based on the difference in exports and imports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes were China ($4.23M), Kenya ($1.11M), South Africa ($741k), Palestine ($665k), and United Arab Emirates ($449k).

In 2022, the countries that had a largest trade value in imports than in exports of Wire, iron or non-alloy steel, more than 0.6% carbon, nes were Rwanda ($3.67M), Tajikistan ($1.7M), Democratic Republic of the Congo ($1.08M), Israel ($1.05M), and Trinidad and Tobago ($781k).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Wire, iron or non-alloy steel, more than 0.6% carbon, nes.
It is possible to select the main countries that export or import Wire, iron or non-alloy steel, more than 0.6% carbon, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wire, iron or non-alloy steel, more than 0.6% carbon, nes 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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