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722850 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.93BRnk 1170 / 4648
2022
Top Exporter | Top Importer $645M | $477MGermany | Germany
2022
Product Complexity 1.02Rnk 749 / 4653
2021 - 2022
Export Growth (CAGR) 16%Rnk 1037 / 4648
2022
Share of World Trade 0.012%Rnk 1170 / 4648

About

Overview This page contains the latest trade data of Bar/rod nes, alloy steel nes, nfw cold formed/finishe. In 2022, Bar/rod nes, alloy steel nes, nfw cold formed/finishe were the world's 1170th most traded product, with a total trade of $2.93B. Between 2021 and 2022 the exports of Bar/rod nes, alloy steel nes, nfw cold formed/finishe grew by 16%, from $2.52B to $2.93B. Trade in Bar/rod nes, alloy steel nes, nfw cold formed/finishe represent 0.012% of total world trade.

Bar/rod nes, alloy steel nes, nfw cold formed/finishe are a part of Other Steel Bars.

Exports In 2022 the top exporters of Bar/rod nes, alloy steel nes, nfw cold formed/finishe  were Germany ($645M), Italy ($285M), Austria ($242M), United States ($213M), and China ($173M).

Imports In 2022 the top importers of Bar/rod nes, alloy steel nes, nfw cold formed/finishe were Germany ($477M), United States ($269M), France ($199M), Poland ($167M), and Italy ($146M).

Ranking Bar/rod nes, alloy steel nes, nfw cold formed/finishe ranks 749th in the Product Complexity Index (PCI).

Description Bar/rod is generally used for structural purposes, like reinforcing concrete or supporting pipes. Alloy steel is used in many applications because of its versatility and durability. It is used in cookware, for example. NFW cold formed/finished is a metalworking process that is done with no metal removal. It is used in the production of beams, for example.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Bar/rod nes, alloy steel nes, nfw cold formed/finishe. 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)Germany$645M
Top Destination (2022)Germany$477M

In 2022 Bar/rod nes, alloy steel nes, nfw cold formed/finishe were the world's 1170th most traded product (out of 4,648).

In 2022, the top exporters of Bar/rod nes, alloy steel nes, nfw cold formed/finishe were Germany ($645M), Italy ($285M), Austria ($242M), United States ($213M), and China ($173M).

In 2022, the top importers of Bar/rod nes, alloy steel nes, nfw cold formed/finishe were Germany ($477M), United States ($269M), France ($199M), Poland ($167M), and Italy ($146M).

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Exporters of Bar/rod nes, alloy steel nes, nfw cold formed/finishe (2022)
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Importers of Bar/rod nes, alloy steel nes, nfw cold formed/finishe (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$215M
Top Destination Growth (2021 -  2022)United States$94.9M

Between 2021 and 2022, the exports of Bar/rod nes, alloy steel nes, nfw cold formed/finishe grew the fastest in Germany ($215M), China ($62.5M), United States ($58.7M), Italy ($50.8M), and Spain ($36.1M).

Between 2021 and 2022, the fastest growing importers of Bar/rod nes, alloy steel nes, nfw cold formed/finishe were United States ($94.9M), United Kingdom ($43.4M), Poland ($39.2M), Mexico ($35.7M), and France ($34.3M).

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Exporters of Bar/rod nes, alloy steel nes, nfw cold formed/finishe (2021 - 2022)

Importers of Bar/rod nes, alloy steel nes, nfw cold formed/finishe (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bar/rod nes, alloy steel nes, nfw cold formed/finishe.

In 2022, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Bar/rod nes, alloy steel nes, nfw cold formed/finishe are explained by 18 countries.

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Value of Exports in Bar/rod nes, alloy steel nes, nfw cold formed/finishe

Net Trade

TOP NET EXPORTER (2022)Austria$169M
TOP NET IMPORTER (2022)France$138M

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

In 2022, the countries that had a largest trade value in exports than in imports of Bar/rod nes, alloy steel nes, nfw cold formed/finishe were Austria ($169M), Germany ($168M), Italy ($139M), Spain ($106M), and Japan ($88.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Bar/rod nes, alloy steel nes, nfw cold formed/finishe were France ($138M), Poland ($127M), Mexico ($110M), United Kingdom ($89.5M), and Canada ($74.7M).

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 Bar/rod nes, alloy steel nes, nfw cold formed/finishe.
It is possible to select the main countries that export or import Bar/rod nes, alloy steel nes, nfw cold formed/finishe in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bar/rod nes, alloy steel nes, nfw cold formed/finishe 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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