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722920 (Harmonized System 1992 for 6-digit)

2022
World Trade $951MRnk 2255 / 4648
2022
Top Exporter | Top Importer $351M | $120MChina | United States
2022
Product Complexity 0.36Rnk 1894 / 4653
2021 - 2022
Export Growth (CAGR) 3.58%Rnk 2437 / 4648
2022
Share of World Trade 0.004%Rnk 2255 / 4648

About

Overview This page contains the latest trade data of Wire of silico-manganese steel. In 2022, Wire of silico-manganese steel were the world's 2255th most traded product, with a total trade of $951M. Between 2021 and 2022 the exports of Wire of silico-manganese steel grew by 3.58%, from $918M to $951M. Trade in Wire of silico-manganese steel represent 0.004% of total world trade.

Wire of silico-manganese steel are a part of Steel Wire.

Exports In 2022 the top exporters of Wire of silico-manganese steel  were China ($351M), Czechia ($112M), Italy ($107M), South Korea ($51M), and Vietnam ($48.2M).

Imports In 2022 the top importers of Wire of silico-manganese steel were United States ($120M), Poland ($75M), Brazil ($62.6M), Germany ($58.7M), and Russia ($52.6M).

Ranking Wire of silico-manganese steel ranks 1894th in the Product Complexity Index (PCI).

Description Wire of silico-manganese steel is used in industrial applications, such as for use in metal fabricating and processing.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Wire of silico-manganese steel. 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)China$351M
Top Destination (2022)United States$120M

In 2022 Wire of silico-manganese steel were the world's 2255th most traded product (out of 4,648).

In 2022, the top exporters of Wire of silico-manganese steel were China ($351M), Czechia ($112M), Italy ($107M), South Korea ($51M), and Vietnam ($48.2M).

In 2022, the top importers of Wire of silico-manganese steel were United States ($120M), Poland ($75M), Brazil ($62.6M), Germany ($58.7M), and Russia ($52.6M).

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Exporters of Wire of silico-manganese steel (2022)
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Importers of Wire of silico-manganese steel (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Italy$26.1M
Top Destination Growth (2021 -  2022)United States$33.8M

Between 2021 and 2022, the exports of Wire of silico-manganese steel grew the fastest in Italy ($26.1M), Germany ($7.14M), Mexico ($6.42M), Chinese Taipei ($5.56M), and Malaysia ($5.19M).

Between 2021 and 2022, the fastest growing importers of Wire of silico-manganese steel were United States ($33.8M), Indonesia ($10.3M), Canada ($6.27M), Slovakia ($5.1M), and Germany ($4.64M).

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Exporters of Wire of silico-manganese steel (2021 - 2022)

Importers of Wire of silico-manganese steel (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wire of silico-manganese steel.

In 2022, market concentration measured using Shannon Entropy, was 3.52. This means that most of the exports of Wire of silico-manganese steel are explained by 11 countries.

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Value of Exports in Wire of silico-manganese steel

Net Trade

TOP NET EXPORTER (2022)China$328M
TOP NET IMPORTER (2022)United States$111M

This map shows which countries export or import more of Wire of silico-manganese steel. Each country is colored based on the difference in exports and imports of Wire of silico-manganese steel during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wire of silico-manganese steel were China ($328M), Czechia ($95.3M), Italy ($85.9M), South Korea ($43.2M), and Vietnam ($37M).

In 2022, the countries that had a largest trade value in imports than in exports of Wire of silico-manganese steel were United States ($111M), Brazil ($61.7M), Poland ($55.9M), Russia ($50.4M), and Indonesia ($33.2M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Wire of silico-manganese steel.
It is possible to select the main countries that export or import Wire of silico-manganese steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wire of silico-manganese steel 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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