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722240 (Harmonized System 1992 for 6-digit)

2022
World Trade $854MRnk 2383 / 4648
2022
Top Exporter | Top Importer $200M | $83MIndia | Germany
2022
Product Complexity 1.02Rnk 748 / 4653
2021 - 2022
Export Growth (CAGR) -2.69%Rnk 3338 / 4648
2022
Share of World Trade 0.0036%Rnk 2383 / 4648

About

Overview This page contains the latest trade data of Angles, shapes and sections, stainless steel. In 2022, Angles, shapes and sections, stainless steel were the world's 2383rd most traded product, with a total trade of $854M. Between 2021 and 2022 the exports of Angles, shapes and sections, stainless steel decreased by -2.69%, from $877M to $854M. Trade in Angles, shapes and sections, stainless steel represent 0.0036% of total world trade.

Angles, shapes and sections, stainless steel are a part of Other Stainless Steel Bars.

Exports In 2022 the top exporters of Angles, shapes and sections, stainless steel  were India ($200M), China ($134M), Germany ($117M), Switzerland ($45.2M), and Italy ($42.3M).

Imports In 2022 the top importers of Angles, shapes and sections, stainless steel were Germany ($83M), United States ($75.9M), South Korea ($49.2M), Italy ($43M), and Switzerland ($36.3M).

Ranking Angles, shapes and sections, stainless steel ranks 748th in the Product Complexity Index (PCI).

Description An angle is the measure of the two rays of a polygon joining the opposite vertices. A section is a figure bounded by a plane and a line or curve. Stainless steel is a steel alloy with chromium content of at least 10.5%. Stainless steel resists corrosion and is used in kitchenware and other household items.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Angles, shapes and sections, stainless 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)India$200M
Top Destination (2022)Germany$83M

In 2022 Angles, shapes and sections, stainless steel were the world's 2383rd most traded product (out of 4,648).

In 2022, the top exporters of Angles, shapes and sections, stainless steel were India ($200M), China ($134M), Germany ($117M), Switzerland ($45.2M), and Italy ($42.3M).

In 2022, the top importers of Angles, shapes and sections, stainless steel were Germany ($83M), United States ($75.9M), South Korea ($49.2M), Italy ($43M), and Switzerland ($36.3M).

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Exporters of Angles, shapes and sections, stainless steel (2022)
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Importers of Angles, shapes and sections, stainless steel (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$9.92M
Top Destination Growth (2021 -  2022)Vietnam$6.18M

Between 2021 and 2022, the exports of Angles, shapes and sections, stainless steel grew the fastest in China ($9.92M), United Kingdom ($7.98M), United States ($6.97M), Germany ($6.2M), and Turkey ($5.73M).

Between 2021 and 2022, the fastest growing importers of Angles, shapes and sections, stainless steel were Vietnam ($6.18M), United Kingdom ($5.44M), Singapore ($4.38M), Indonesia ($4.2M), and Saudi Arabia ($3.99M).

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Exporters of Angles, shapes and sections, stainless steel (2021 - 2022)

Importers of Angles, shapes and sections, stainless steel (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Angles, shapes and sections, stainless steel.

In 2022, market concentration measured using Shannon Entropy, was 3.94. This means that most of the exports of Angles, shapes and sections, stainless steel are explained by 15 countries.

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Value of Exports in Angles, shapes and sections, stainless steel

Net Trade

TOP NET EXPORTER (2022)India$194M
TOP NET IMPORTER (2022)South Korea$47.1M

This map shows which countries export or import more of Angles, shapes and sections, stainless steel. Each country is colored based on the difference in exports and imports of Angles, shapes and sections, stainless steel during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Angles, shapes and sections, stainless steel were India ($194M), China ($123M), Germany ($33.8M), Japan ($21.9M), and Chinese Taipei ($13.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Angles, shapes and sections, stainless steel were South Korea ($47.1M), United States ($46.4M), Vietnam ($21.5M), Thailand ($19.7M), and Canada ($18.2M).

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 Angles, shapes and sections, stainless steel.
It is possible to select the main countries that export or import Angles, shapes and sections, stainless steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Angles, shapes and sections, stainless 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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