Global Export of Nuts of Iron or Steel Share by Country (Kilograms)

The global export market for nuts of iron or steel is largely dominated by China, representing over half of the market at 52.55%. Germany and Japan follow at 10.43% and 7.04% respectively, showing a significant concentration of exports in these top countries. Notably, Denmark experienced a substantial growth in exports with a 22.2% increase over the last year. Conversely, some countries like the United States and Mexico faced declines, recording -2.91% and -14.13% year-on-year variations respectively.

Future trends to watch include:

  • Continuous expansion and competition from Asian countries like South Korea and India.
  • Potential recovery for nations experiencing declines as global trade activities stabilize.
  • Emerging markets could gain traction with increasing demand for steel nuts driven by infrastructure development globally.

Top countries in Export of Nuts of Iron or Steel Share by Country (Kilograms)

# 10 Countries Percent Last Year YoY 5-years CAGR
1 1 China 52.55 2023 +2.71% +2.33% View data
2 2 Germany 10.43 2023 +2.36% +2.52% View data
3 3 Japan 7.04 2023 +1.38% +0.35% View data
4 4 United States 4.32 2023 -3.91% -2.91% View data
5 5 South Korea 3.82 2023 +2.79% +3.19% View data
6 6 France 3.01 2023 +3.16% +1.46% View data
7 7 Italy 2.38 2023 +2.11% +2.17% View data
8 8 India 2.04 2023 +0.17% -0.21% View data
9 9 Netherlands 1.61 2023 -2.08% -1.33% View data
10 10 Malaysia 1.36 2023 -1.28% -2.49% View data

Top Countries about Nuts