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Iron or steel nails and tacks: top exporters and importers (2024)

In 2024, world trade in iron or steel nails and tacks totaled $3 billion (1.9 million tonnes). The top exporters were China (44%), Germany (4%) and Poland (4%); the top importers were the United States (36%), Canada (4%) and the United Kingdom (4%). Compared with 2019, the value rose 4%.

Summary

World trade
$3billion
Tonnes
1.9million tonnes
Price per tonne
$1,580
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$1.3 billion · 44.2%
  2. Germany$116 million · 3.8%
  3. Poland$106 million · 3.5%
  4. India$106 million · 3.5%
  5. Thailand$103 million · 3.4%
  6. Switzerland$99 million · 3.3%
  7. Lithuania$81 million · 2.7%
  8. Taiwan$78 million · 2.6%
  9. Mexico$76 million · 2.5%
  10. Oman$75 million · 2.5%
  11. Canada$65 million · 2.2%
  12. South Korea$60 million · 2%
  13. Malaysia$55 million · 1.8%
  14. United States$53 million · 1.8%
  15. France$45 million · 1.5%
  16. Denmark$43 million · 1.4%
  17. Sri Lanka$42 million · 1.4%
  18. Turkey$41 million · 1.3%
  19. Austria$40 million · 1.3%
  20. Netherlands$38 million · 1.3%
    re-exports

Top importers

  1. United States$1.1 billion · 35.8%
  2. Canada$119 million · 4%
  3. United Kingdom$106 million · 3.5%
  4. Germany$102 million · 3.4%
  5. Japan$84 million · 2.8%
  6. France$79 million · 2.6%
  7. Netherlands$70 million · 2.3%
    re-exports
  8. Italy$46 million · 1.5%
  9. Australia$43 million · 1.4%
  10. Austria$41 million · 1.4%
  11. Spain$37 million · 1.2%
  12. Belgium$36 million · 1.2%
    re-exports
  13. Philippines$35 million · 1.2%
  14. Mexico$34 million · 1.1%
  15. South Korea$34 million · 1.1%
  16. Nigeria$33 million · 1.1%
  17. Vietnam$32 million · 1.1%
  18. Russia$29 million · 0.96%
  19. Poland$27 million · 0.91%
  20. Brazil$27 million · 0.88%

Trend

Who sells it

China was the top exporter throughout the period

Value in USD billions. The five largest exporters in 2024.

  • China 1.3
  • Germany 0.12
  • Poland 0.11
  • India 0.11
  • Thailand 0.1

Source: CEPII BACI

Show the numbers
Country19952024
China0.091.3
Germany0.070.12
Poland0.020.11
India< 0.010.11
Thailand< 0.010.1

Price

Implied price

The price per tonne rose 39% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $1,580

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$1,136
1996$1,125
1997$1,072
1998$907
1999$906
2000$1,213
2001$1,182
2002$747
2003$1,320
2004$1,363
2005$1,503
2006$1,123
2007$1,239
2008$1,407
2009$1,448
2010$1,419
2011$1,539
2012$1,547
2013$1,509
2014$1,543
2015$1,392
2016$1,330
2017$1,383
2018$1,524
2019$1,560
2020$1,466
2021$1,689
2022$2,000
2023$1,742
2024$1,580

What it includes

  • 7317 · Iron or steel nails and tacks

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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