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Steel springs: top exporters and importers (2024)

In 2024, world trade in steel springs totaled $8 billion (1.7 million tonnes). The top exporters were Germany (18%), China (12%) and Mexico (10%); the top importers were the United States (18%), Mexico (8%) and Germany (8%). Compared with 2019, the value rose 11%.

Summary

World trade
$8billion
Tonnes
1.7million tonnes
Price per tonne
$4,807
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Germany$1.4 billion · 17.8%
  2. China$990 million · 12.4%
  3. Mexico$833 million · 10.4%
  4. United States$817 million · 10.2%
  5. Japan$386 million · 4.8%
  6. Poland$296 million · 3.7%
  7. Czechia$283 million · 3.6%
  8. Italy$237 million · 3%
  9. France$210 million · 2.6%
  10. Spain$207 million · 2.6%
  11. Turkey$190 million · 2.4%
  12. Canada$186 million · 2.3%
  13. United Kingdom$134 million · 1.7%
  14. Switzerland$131 million · 1.6%
  15. South Korea$125 million · 1.6%
  16. Netherlands$119 million · 1.5%
    re-exports
  17. India$118 million · 1.5%
  18. Sweden$108 million · 1.4%
  19. Romania$100 million · 1.3%
  20. Hungary$98 million · 1.2%

Top importers

  1. United States$1.4 billion · 17.9%
  2. Mexico$650 million · 8.1%
  3. Germany$612 million · 7.7%
  4. China$368 million · 4.6%
  5. Poland$357 million · 4.5%
  6. Canada$254 million · 3.2%
  7. Czechia$237 million · 3%
  8. United Kingdom$191 million · 2.4%
  9. France$189 million · 2.4%
  10. Hungary$172 million · 2.2%
  11. Italy$165 million · 2.1%
  12. India$163 million · 2%
  13. Turkey$156 million · 2%
  14. Romania$154 million · 1.9%
  15. Netherlands$151 million · 1.9%
    re-exports
  16. Slovakia$145 million · 1.8%
  17. Austria$132 million · 1.7%
  18. Thailand$128 million · 1.6%
  19. Japan$128 million · 1.6%
  20. Spain$122 million · 1.5%

Trend

Who sells it

Germany has been the top exporter since 2001

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

  • Germany 1.4
  • China 0.99
  • Mexico 0.83
  • United States 0.82
  • Japan 0.39

Source: CEPII BACI

Show the numbers
Country19952024
Germany0.421.4
China0.020.99
Mexico0.130.83
United States0.310.82
Japan0.260.39

Price

Implied price

The price per tonne rose 53% since 1995

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

  • 2024: $4,807

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$3,149
1996$3,148
1997$2,904
1998$2,620
1999$976
2000$3,263
2001$3,024
2002$1,998
2003$3,634
2004$2,206
2005$3,738
2006$3,058
2007$3,673
2008$4,522
2009$4,113
2010$3,735
2011$4,453
2012$4,115
2013$4,140
2014$4,561
2015$4,478
2016$4,197
2017$4,359
2018$4,717
2019$4,641
2020$4,688
2021$4,797
2022$4,844
2023$4,793
2024$4,807

What it includes

  • 7320 · Steel springs

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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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