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Stainless steel wire: top exporters and importers (2024)

In 2024, world trade in stainless steel wire totaled $2.5 billion (479 thousand tonnes). The top exporters were India (17%), China (13%) and the United States (10%); the top importers were Germany (10%), the United States (9%) and China (7%). Compared with 2019, the value rose 10%.

Summary

World trade
$2.5billion
Tonnes
479thousand tonnes
Price per tonne
$5,135
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. India$408 million · 16.6%
  2. China$311 million · 12.7%
  3. United States$253 million · 10.3%
  4. South Korea$220 million · 8.9%
  5. Germany$185 million · 7.5%
  6. Japan$162 million · 6.6%
  7. Sweden$128 million · 5.2%
  8. Czechia$105 million · 4.3%
  9. France$85 million · 3.4%
  10. Taiwan$81 million · 3.3%
  11. Italy$73 million · 3%
  12. Thailand$55 million · 2.2%
  13. Switzerland$54 million · 2.2%
  14. Vietnam$45 million · 1.9%
  15. Netherlands$41 million · 1.7%
    re-exports
  16. Malaysia$30 million · 1.2%
  17. Spain$27 million · 1.1%
  18. Ireland$24 million · 0.99%
  19. United Kingdom$23 million · 0.93%
  20. Indonesia$22 million · 0.91%

Top importers

  1. Germany$256 million · 10.4%
  2. United States$213 million · 8.7%
  3. China$161 million · 6.6%
  4. Costa Rica$154 million · 6.3%
  5. Italy$136 million · 5.5%
  6. Netherlands$101 million · 4.1%
    re-exports
  7. Mexico$98 million · 4%
  8. Japan$93 million · 3.8%
  9. South Korea$93 million · 3.8%
  10. France$88 million · 3.6%
  11. Turkey$65 million · 2.6%
  12. Thailand$56 million · 2.3%
  13. United Kingdom$54 million · 2.2%
  14. Canada$51 million · 2.1%
  15. Poland$46 million · 1.9%
  16. Indonesia$45 million · 1.8%
  17. Ireland$45 million · 1.8%
  18. Russia$42 million · 1.7%
  19. Brazil$41 million · 1.7%
  20. Switzerland$39 million · 1.6%

Trend

Who sells it

India has been the top exporter since 2017

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

  • India 408
  • China 311
  • United States 253
  • South Korea 220
  • Germany 185

Source: CEPII BACI

Show the numbers
Country19952024
India20.9408
China15.2311
United States34.3253
South Korea79.6220
Germany95.4185

Price

Implied price

The price per tonne rose 21% since 1995

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

  • 2024: $5,135

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$4,253
1996$3,621
1997$3,503
1998$2,361
1999$2,548
2000$2,075
2001$3,242
2002$2,663
2003$3,356
2004$3,870
2005$3,854
2006$4,121
2007$5,862
2008$5,684
2009$3,994
2010$4,766
2011$5,190
2012$4,705
2013$4,569
2014$4,489
2015$3,859
2016$3,516
2017$3,932
2018$4,611
2019$4,472
2020$4,319
2021$4,900
2022$5,970
2023$5,680
2024$5,135

What it includes

  • 7223 · Stainless steel wire

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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