T3 · Product exporter position

China exports of Steel, alloy: wire, of silico-manganese steel (HS 722920)

See where China stands in steel, alloy: wire, of silico-manganese steel: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 722920Latest year 2024Stable

Latest exports

$343.3MLatest observed lane total

Destination markets

146Reported active markets

Three-year growth

-0.1%Annualized change

Destination HHI

583Destination concentration

Weighted share

60.8%Reported market position

Exporter evidence

How strong is China in Steel, alloy: wire, of silico-manganese steel?

Reported exporter totals and calculated indicators for HS 722920. Values retain their observed coverage period.

Exporter scale

Latest exports$343.3M
Current 2024 exports$343.2M
Three-year average$344.0M
Historical peak$545.0M

Market position

Active destinations146
Destination HHI583
Weighted share60.8%
Share change+0.3 pp

Competitiveness

Three-year growth-0.1%
Volatility0.7
Maximum drawdown67.9%
TrendStable
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$343.3MSum of latest observed destination-lane values
Current 2024 exports$343.2MCommon-year comparison where reported
Three-year growth-0.1%Annualized change in exporter totals
Five-year growth+4.3%Annualized change in exporter totals
Leading destinationRUSDestination with the largest observed export value
Leading destination share14%Share of observed exporter totals
Destination concentration583HHI across destination markets
Weighted share change+0.3 ppValue-weighted latest change in market share
Limited-history lanes23.1%Share of lanes with shorter history

Destination markets

Where does China sell steel, alloy: wire, of silico-manganese steel?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Russia$48.1M71.7%+10.3%0.1% tariffAccelerating
Poland$34.1M52.3%-6.9%0.1% tariffGrowing
Brazil$33.8M69.2%-12.8%0.3% tariffGrowing
Malaysia$27.2M98.2%+47.4%FTA reportedAccelerating
Viet Nam$16.1M80.5%-1.5%FTA reportedAccelerating
USA, Puerto Rico and US Virgin Islands$14.1M14.8%-11%0% tariffGrowing
Republic of Korea$13.2M84.5%+11.6%FTA reportedAccelerating
South Africa$13.2M86.8%-3.9%0.1% tariffAccelerating
Indonesia$10.5M52.4%+1%FTA reportedAccelerating
United Kingdom$9.6M57.9%+2.7%Not reportedGrowing
Thailand$9.3M69.3%-13.5%FTA reportedGrowing
Spain$8.2M27.9%+9.8%0% tariffAccelerating
France$7.1M19.6%+10.3%0% tariffAccelerating
Germany$5.2M9.8%+3.8%0% tariffGrowing
Canada$5.0M32.5%-11.7%0.1% tariffGrowing

Destination

Russia

Latest exports
$48.1M
Market share
71.7%
Growth
+10.3%
Access
0.1% tariff
Signal
Accelerating

Destination

Poland

Latest exports
$34.1M
Market share
52.3%
Growth
-6.9%
Access
0.1% tariff
Signal
Growing

Destination

Brazil

Latest exports
$33.8M
Market share
69.2%
Growth
-12.8%
Access
0.3% tariff
Signal
Growing

Destination

Malaysia

Latest exports
$27.2M
Market share
98.2%
Growth
+47.4%
Access
FTA reported
Signal
Accelerating

Destination

Viet Nam

Latest exports
$16.1M
Market share
80.5%
Growth
-1.5%
Access
FTA reported
Signal
Accelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$14.1M
Market share
14.8%
Growth
-11%
Access
0% tariff
Signal
Growing

Destination

Republic of Korea

Latest exports
$13.2M
Market share
84.5%
Growth
+11.6%
Access
FTA reported
Signal
Accelerating

Destination

South Africa

Latest exports
$13.2M
Market share
86.8%
Growth
-3.9%
Access
0.1% tariff
Signal
Accelerating

Destination

Indonesia

Latest exports
$10.5M
Market share
52.4%
Growth
+1%
Access
FTA reported
Signal
Accelerating

Destination

United Kingdom

Latest exports
$9.6M
Market share
57.9%
Growth
+2.7%
Access
Not reported
Signal
Growing

Destination

Thailand

Latest exports
$9.3M
Market share
69.3%
Growth
-13.5%
Access
FTA reported
Signal
Growing

Destination

Spain

Latest exports
$8.2M
Market share
27.9%
Growth
+9.8%
Access
0% tariff
Signal
Accelerating

Destination

France

Latest exports
$7.1M
Market share
19.6%
Growth
+10.3%
Access
0% tariff
Signal
Accelerating

Destination

Germany

Latest exports
$5.2M
Market share
9.8%
Growth
+3.8%
Access
0% tariff
Signal
Growing

Destination

Canada

Latest exports
$5.0M
Market share
32.5%
Growth
-11.7%
Access
0.1% tariff
Signal
Growing

Price intelligence

How does China's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Samoa: $199.5K / ton.

Lowest reported price

Angola: $35.8 / ton.

Median price

$1.1K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 722920 where available.

YearExportsYear-on-year changeActive destinations
2010$217.3M+47.8%119
2011$265.5M+22.2%119
2012$267.4M+0.7%122
2013$270.0M+1%126
2014$288.9M+7%127
2015$229.7M-20.5%127
2016$224.5M-2.3%130
2017$239.8M+6.8%125
2018$267.6M+11.6%129
2019$277.8M+3.8%131
2020$217.5M-21.7%130
2021$344.7M+58.5%134
2022$342.9M-0.5%139
2023$346.0M+0.9%139
2024$343.2M-0.8%146

Exporter context

China economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 722920.

China has reported exports of $3.5T and a trade balance of $1.2T in 2024.

Available structural indicators include 34.6% trade openness, 44.5% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about China steel, alloy: wire, of silico-manganese steel exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.