The global export market of cotters and cotter-pins of iron or steel is significantly dominated by China, making up over half of the export share at 58.27%. The United States ranks second with a notable share. European countries like Italy, Germany, and France feature prominently, showing their robust industrial base. The data from 2023 also indicates substantial growth in smaller markets such as Norway, with an 11.02% increase, and Ecuador, which surged with a 30.96% increase. Countries like Ireland and Argentina experienced significant declines, reflecting possible economic or industrial challenges.
Looking forward, the shifting dynamics of global trade and potential geopolitical developments could influence export trends. Notably, countries with recent growth such as Nicaragua and Azerbaijan may continue to emerge as key players. However, macroeconomic factors and trade regulations will play critical roles in shaping future export patterns in this sector.
Top countries in Export of Cotters and Cotter-Pins of Iron or Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 58.27 | 2023 | +3.41% | +3.19% | View data |
| 2 | 2 United States | 16.02 | 2023 | +3.07% | +3.47% | View data |
| 3 | 3 Italy | 3.99 | 2023 | +3.93% | +4.52% | View data |
| 4 | 4 Germany | 3.25 | 2023 | +2.79% | +2.22% | View data |
| 5 | 5 France | 2.27 | 2023 | +0.71% | -0.62% | View data |
| 6 | 6 Belgium | 1.64 | 2023 | +3.85% | +2.15% | View data |
| 7 | 7 Japan | 1.59 | 2023 | +2.44% | -2.94% | View data |
| 8 | 8 Czech Republic | 1.41 | 2023 | +4.1% | +2.22% | View data |
| 9 | 9 Malaysia | 1.13 | 2023 | +5.53% | +3.79% | View data |
| 10 | 10 Netherlands | 1.02 | 2023 | +2.25% | +3.05% | View data |
