The global export of pins of iron or steel, except safety pins, shows China as the dominant exporter, accounting for a significant share with a positive growth trend of 1.98% year-on-year. In contrast, the U.S. and Japan exhibit a decline, with percentages of -8.29% and -7.15%, respectively. Other notable countries like Germany, Canada, and South Korea show moderate positive growth, while Singapore experiences a decline. The European market presents mixed results, with countries like the United Kingdom and Spain seeing declines, whereas Romania and Croatia show a significant positive trend over recent years.
Future trends to watch include potential growth in emerging markets and possible shifts due to geopolitical factors impacting trade policies. Additionally, changes in global manufacturing shifts and digital transformation in supply chains may influence the export volumes of these products.
Top countries in Export of Pins of Iron or Steel, Except Safety Pins Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 41.69 | 2023 | +1.36% | +1.98% | View data |
| 2 | 2 Singapore | 13.09 | 2023 | -2.65% | -3.26% | View data |
| 3 | 3 Japan | 10.44 | 2023 | -6.11% | -7.15% | View data |
| 4 | 4 South Korea | 8.77 | 2023 | +2.48% | +2.83% | View data |
| 5 | 5 United States | 6.56 | 2023 | -6.86% | -8.29% | View data |
| 6 | 6 Germany | 5.82 | 2023 | +0.86% | +0.47% | View data |
| 7 | 7 Malaysia | 4.7 | 2023 | -8.12% | -8.88% | View data |
| 8 | 8 Czech Republic | 2.95 | 2023 | +0.76% | +1.84% | View data |
| 9 | 9 Netherlands | 1.01 | 2023 | +4.42% | +3.1% | View data |
| 10 | 10 Canada | 0.7 | 2023 | -1.31% | +14.51% | View data |
