721711 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Wire, iron or non-alloy steel, not plated or coated, <0.25%C. In 2022, Wire, iron or non-alloy steel, not plated or coated, <0.25%C were the world's 804th most traded product, with a total trade of $4.7B. Between 2021 and 2022 the exports of Wire, iron or non-alloy steel, not plated or coated, <0.25%C grew by 18%, from $3.98B to $4.7B. Trade in Wire, iron or non-alloy steel, not plated or coated, <0.25%C represent 0.02% of total world trade.

Wire, iron or non-alloy steel, not plated or coated, <0.25%C are a part of Iron Wire.

Exports In 2022 the top exporters of Wire, iron or non-alloy steel, not plated or coated, <0.25%C  were China ($981M), Italy ($797M), Germany ($359M), Czechia ($215M), and Mexico ($152M).

Imports In 2022 the top importers of Wire, iron or non-alloy steel, not plated or coated, <0.25%C were Germany ($525M), United States ($465M), Switzerland ($321M), France ($262M), and Poland ($233M).

Ranking Wire, iron or non-alloy steel, not plated or coated, <0.25%C ranks 2914th in the Product Complexity Index (PCI).

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Wire, iron or non-alloy steel, not plated or coated, <0.25%C. 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)China$981M
Top Destination (2022)Germany$525M

In 2022 Wire, iron or non-alloy steel, not plated or coated, <0.25%C were the world's 804th most traded product (out of 4,648).

In 2022, the top exporters of Wire, iron or non-alloy steel, not plated or coated, <0.25%C were China ($981M), Italy ($797M), Germany ($359M), Czechia ($215M), and Mexico ($152M).

In 2022, the top importers of Wire, iron or non-alloy steel, not plated or coated, <0.25%C were Germany ($525M), United States ($465M), Switzerland ($321M), France ($262M), and Poland ($233M).

Explore Visualizations

Exporters of Wire, iron or non-alloy steel, not plated or coated, <0.25%C (2022)
[Click to Select a Country]

Importers of Wire, iron or non-alloy steel, not plated or coated, <0.25%C (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$418M
Top Destination Growth (2021 -  2022)Saudi Arabia$119M

Between 2021 and 2022, the exports of Wire, iron or non-alloy steel, not plated or coated, <0.25%C grew the fastest in China ($418M), Italy ($208M), Belgium ($77.4M), Mexico ($50.5M), and Austria ($35.1M).

Between 2021 and 2022, the fastest growing importers of Wire, iron or non-alloy steel, not plated or coated, <0.25%C were Saudi Arabia ($119M), United States ($112M), Switzerland ($101M), Germany ($77.2M), and France ($56.5M).

Explore Visualizations

Exporters of Wire, iron or non-alloy steel, not plated or coated, <0.25%C (2021 - 2022)

Importers of Wire, iron or non-alloy steel, not plated or coated, <0.25%C (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire, iron or non-alloy steel, not plated or coated, <0.25%C.

In 2022, market concentration measured using Shannon Entropy, was 4.42. This means that most of the exports of Wire, iron or non-alloy steel, not plated or coated, <0.25%C are explained by 21 countries.

Explore Visualizations

Value of Exports in Wire, iron or non-alloy steel, not plated or coated, <0.25%C

Net Trade

TOP NET EXPORTER (2022)China$891M
TOP NET IMPORTER (2022)United States$413M

This map shows which countries export or import more of Wire, iron or non-alloy steel, not plated or coated, <0.25%C. Each country is colored based on the difference in exports and imports of Wire, iron or non-alloy steel, not plated or coated, <0.25%C during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wire, iron or non-alloy steel, not plated or coated, <0.25%C were China ($891M), Italy ($745M), Russia ($116M), Czechia ($115M), and South Korea ($108M).

In 2022, the countries that had a largest trade value in imports than in exports of Wire, iron or non-alloy steel, not plated or coated, <0.25%C were United States ($413M), Switzerland ($320M), Poland ($187M), France ($185M), and Germany ($166M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Wire, iron or non-alloy steel, not plated or coated, <0.25%C.
It is possible to select the main countries that export or import Wire, iron or non-alloy steel, not plated or coated, <0.25%C 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, not plated or coated, <0.25%C 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)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with