721510 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Bar/rod, cold formed/finished free cutting steel. In 2022, Bar/rod, cold formed/finished free cutting steel were the world's 2249th most traded product, with a total trade of $959M. Between 2021 and 2022 the exports of Bar/rod, cold formed/finished free cutting steel grew by 3.06%, from $930M to $959M. Trade in Bar/rod, cold formed/finished free cutting steel represent 0.004% of total world trade.

Bar/rod, cold formed/finished free cutting steel are a part of Other Iron Bars.

Exports In 2022 the top exporters of Bar/rod, cold formed/finished free cutting steel  were Italy ($203M), Germany ($188M), Switzerland ($95.8M), Spain ($77.4M), and France ($56.5M).

Imports In 2022 the top importers of Bar/rod, cold formed/finished free cutting steel were Germany ($181M), France ($93.2M), Poland ($65.9M), Czechia ($48.2M), and Italy ($45.8M).

Ranking Bar/rod, cold formed/finished free cutting steel ranks 1006th in the Product Complexity Index (PCI).

Description Bar/rod is most commonly used in the manufacture of wire and cable products, including electrical and communications wire. Cold-formed/finished free cutting steel is used in machinery and automotive parts.

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Bar/rod, cold formed/finished free cutting 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.

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)Italy$203M
Top Destination (2022)Germany$181M

In 2022 Bar/rod, cold formed/finished free cutting steel were the world's 2249th most traded product (out of 4,648).

In 2022, the top exporters of Bar/rod, cold formed/finished free cutting steel were Italy ($203M), Germany ($188M), Switzerland ($95.8M), Spain ($77.4M), and France ($56.5M).

In 2022, the top importers of Bar/rod, cold formed/finished free cutting steel were Germany ($181M), France ($93.2M), Poland ($65.9M), Czechia ($48.2M), and Italy ($45.8M).

Explore Visualizations

Exporters of Bar/rod, cold formed/finished free cutting steel (2022)
[Click to Select a Country]

Importers of Bar/rod, cold formed/finished free cutting steel (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$28.6M
Top Destination Growth (2021 -  2022)Poland$12.2M

Between 2021 and 2022, the exports of Bar/rod, cold formed/finished free cutting steel grew the fastest in Germany ($28.6M), Spain ($16.1M), Czechia ($13.1M), United Arab Emirates ($10.7M), and China ($10.5M).

Between 2021 and 2022, the fastest growing importers of Bar/rod, cold formed/finished free cutting steel were Poland ($12.2M), Italy ($9.99M), Czechia ($9.08M), France ($8.6M), and Bulgaria ($6.67M).

Explore Visualizations

Exporters of Bar/rod, cold formed/finished free cutting steel (2021 - 2022)

Importers of Bar/rod, cold formed/finished free cutting steel (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bar/rod, cold formed/finished free cutting steel.

In 2022, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Bar/rod, cold formed/finished free cutting steel are explained by 14 countries.

Explore Visualizations

Value of Exports in Bar/rod, cold formed/finished free cutting steel

Net Trade

TOP NET EXPORTER (2022)Italy$157M
TOP NET IMPORTER (2022)Mexico$40.5M

This map shows which countries export or import more of Bar/rod, cold formed/finished free cutting steel. Each country is colored based on the difference in exports and imports of Bar/rod, cold formed/finished free cutting steel during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bar/rod, cold formed/finished free cutting steel were Italy ($157M), Switzerland ($76.9M), Spain ($57.8M), Chinese Taipei ($17.6M), and Turkey ($14.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Bar/rod, cold formed/finished free cutting steel were Mexico ($40.5M), Poland ($39M), France ($36.7M), Sweden ($26.8M), and Vietnam ($17.6M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Bar/rod, cold formed/finished free cutting steel.
It is possible to select the main countries that export or import Bar/rod, cold formed/finished free cutting steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bar/rod, cold formed/finished free cutting 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)

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