720719 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Semi-finished product, iron or non-alloy steel <0.25%C, nes. In 2022, Semi-finished product, iron or non-alloy steel <0.25%C, nes were the world's 990th most traded product, with a total trade of $3.7B. Between 2021 and 2022 the exports of Semi-finished product, iron or non-alloy steel <0.25%C, nes decreased by -12.6%, from $4.24B to $3.7B. Trade in Semi-finished product, iron or non-alloy steel <0.25%C, nes represent 0.016% of total world trade.

Semi-finished product, iron or non-alloy steel <0.25%C, nes are a part of Semi-Finished Iron.

Exports In 2022 the top exporters of Semi-finished product, iron or non-alloy steel <0.25%C, nes  were Oman ($1.12B), India ($790M), Russia ($368M), United Arab Emirates ($164M), and South Africa ($127M).

Imports In 2022 the top importers of Semi-finished product, iron or non-alloy steel <0.25%C, nes were Saudi Arabia ($755M), Indonesia ($546M), Egypt ($374M), Nepal ($283M), and Tunisia ($264M).

Ranking Semi-finished product, iron or non-alloy steel <0.25%C, nes ranks 4041st in the Product Complexity Index (PCI).

Description Semi-finished product, iron or non-alloy steel <0.25%c, are used for a variety of things. Iron and non-alloy steel <0.25%c, are used in the production of machinery, automobiles, and electrical appliances. Iron and non-alloy steel <0.25%c, are also used in the production of tools, appliances, and construction equipment.

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Semi-finished product, iron or non-alloy steel <0.25%C, nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Oman$1.12B
Top Destination (2022)Saudi Arabia$755M

In 2022 Semi-finished product, iron or non-alloy steel <0.25%C, nes were the world's 990th most traded product (out of 4,648).

In 2022, the top exporters of Semi-finished product, iron or non-alloy steel <0.25%C, nes were Oman ($1.12B), India ($790M), Russia ($368M), United Arab Emirates ($164M), and South Africa ($127M).

In 2022, the top importers of Semi-finished product, iron or non-alloy steel <0.25%C, nes were Saudi Arabia ($755M), Indonesia ($546M), Egypt ($374M), Nepal ($283M), and Tunisia ($264M).

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Exporters of Semi-finished product, iron or non-alloy steel <0.25%C, nes (2022)
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Importers of Semi-finished product, iron or non-alloy steel <0.25%C, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Oman$567M
Top Destination Growth (2021 -  2022)Saudi Arabia$364M

Between 2021 and 2022, the exports of Semi-finished product, iron or non-alloy steel <0.25%C, nes grew the fastest in Oman ($567M), Russia ($168M), United Arab Emirates ($138M), Kuwait ($64.6M), and South Africa ($50.3M).

Between 2021 and 2022, the fastest growing importers of Semi-finished product, iron or non-alloy steel <0.25%C, nes were Saudi Arabia ($364M), Egypt ($335M), Indonesia ($160M), Tunisia ($87.6M), and Kenya ($42.4M).

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Exporters of Semi-finished product, iron or non-alloy steel <0.25%C, nes (2021 - 2022)

Importers of Semi-finished product, iron or non-alloy steel <0.25%C, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Semi-finished product, iron or non-alloy steel <0.25%C, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Semi-finished product, iron or non-alloy steel <0.25%C, nes are explained by 13 countries.

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Value of Exports in Semi-finished product, iron or non-alloy steel <0.25%C, nes

Net Trade

TOP NET EXPORTER (2022)Oman$1.12B
TOP NET IMPORTER (2022)Saudi Arabia$719M

This map shows which countries export or import more of Semi-finished product, iron or non-alloy steel <0.25%C, nes. Each country is colored based on the difference in exports and imports of Semi-finished product, iron or non-alloy steel <0.25%C, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Semi-finished product, iron or non-alloy steel <0.25%C, nes were Oman ($1.12B), India ($759M), Russia ($368M), South Africa ($126M), and Kuwait ($110M).

In 2022, the countries that had a largest trade value in imports than in exports of Semi-finished product, iron or non-alloy steel <0.25%C, nes were Saudi Arabia ($719M), Indonesia ($495M), Egypt ($370M), Kenya ($207M), and Chinese Taipei ($140M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Semi-finished product, iron or non-alloy steel <0.25%C, nes.
It is possible to select the main countries that export or import Semi-finished product, iron or non-alloy steel <0.25%C, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Semi-finished product, iron or non-alloy steel <0.25%C, nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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