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830220 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.23BRnk 1963 / 4648
2022
Top Exporter | Top Importer $621M | $183MChina | United States
2022
Product Complexity 0.65Rnk 1368 / 4653
2021 - 2022
Export Growth (CAGR) 2.97%Rnk 2521 / 4648
2022
Share of World Trade 0.0052%Rnk 1963 / 4648

About

Overview This page contains the latest trade data of Castors of base metal. In 2022, Castors of base metal were the world's 1963rd most traded product, with a total trade of $1.23B. Between 2021 and 2022 the exports of Castors of base metal grew by 2.97%, from $1.19B to $1.23B. Trade in Castors of base metal represent 0.0052% of total world trade.

Castors of base metal are a part of Metal Mountings.

Exports In 2022 the top exporters of Castors of base metal  were China ($621M), Germany ($129M), Chinese Taipei ($85M), United States ($52.2M), and Italy ($43.2M).

Imports In 2022 the top importers of Castors of base metal were United States ($183M), Germany ($85.4M), Vietnam ($49.5M), Japan ($48.8M), and Mexico ($39.2M).

Ranking Castors of base metal ranks 1368th in the Product Complexity Index (PCI).

Description Castors are often used in furniture, in the construction industry, and in small-scale manufacturing. Castors are often made of steel, aluminum, or iron, and they can be single or double-wheel. They are often used to help move furniture, and they help to protect floors and carpets by avoiding the gouging that can happen with the use of wooden or metal legs.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Castors of base metal. 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$621M
Top Destination (2022)United States$183M

In 2022 Castors of base metal were the world's 1963rd most traded product (out of 4,648).

In 2022, the top exporters of Castors of base metal were China ($621M), Germany ($129M), Chinese Taipei ($85M), United States ($52.2M), and Italy ($43.2M).

In 2022, the top importers of Castors of base metal were United States ($183M), Germany ($85.4M), Vietnam ($49.5M), Japan ($48.8M), and Mexico ($39.2M).

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Exporters of Castors of base metal (2022)
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Importers of Castors of base metal (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$26.4M
Top Destination Growth (2021 -  2022)United States$25.5M

Between 2021 and 2022, the exports of Castors of base metal grew the fastest in China ($26.4M), United States ($9.14M), Malaysia ($4.65M), Chinese Taipei ($4.13M), and Ireland ($2.97M).

Between 2021 and 2022, the fastest growing importers of Castors of base metal were United States ($25.5M), Thailand ($6.07M), Indonesia ($5.84M), India ($5.36M), and Canada ($4.97M).

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Exporters of Castors of base metal (2021 - 2022)

Importers of Castors of base metal (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Castors of base metal.

In 2022, market concentration measured using Shannon Entropy, was 3.12. This means that most of the exports of Castors of base metal are explained by 8 countries.

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Value of Exports in Castors of base metal

Net Trade

TOP NET EXPORTER (2022)China$598M
TOP NET IMPORTER (2022)United States$131M

This map shows which countries export or import more of Castors of base metal. Each country is colored based on the difference in exports and imports of Castors of base metal during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Castors of base metal were China ($598M), Chinese Taipei ($76.1M), Germany ($43.1M), Italy ($21.3M), and Ireland ($14.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Castors of base metal were United States ($131M), Vietnam ($39.8M), Mexico ($36.6M), Japan ($32M), and Canada ($27.3M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Castors of base metal 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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