2022
Exports
$11.2BWorld Rnk 2 / 151
Flag Rnk 72 / 1216
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.41Rnk 402 / 1025
2022
Imports
$1.98BWorld Rnk 11 / 214
Flag Rnk 144 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $11.2B in Hot-Rolled Iron, making it the 2nd largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 72nd most exported product in China. The main destination of Hot-Rolled Iron exports from China are: Vietnam ($2.55B), South Korea ($1.4B), Saudi Arabia ($745M), Turkey ($688M), and United Arab Emirates ($546M).

The fastest growing export markets for Hot-Rolled Iron of China between 2021 and 2022 were Vietnam ($2.02B), South Korea ($706M), and Turkey ($614M).

Imports In 2022, China imported $1.98B in Hot-Rolled Iron, becoming the 11th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 144th most imported product in China. China imports Hot-Rolled Iron primarily from: Japan ($1.22B), South Korea ($583M), Chinese Taipei ($35.6M), Russia ($34.7M), and Kazakhstan ($30.8M).

The fastest growing import markets in Hot-Rolled Iron for China between 2021 and 2022 were Russia ($34.7M), South Korea ($30.7M), and Kazakhstan ($18.2M).

COMPANIES In 2023, leading companies such as TPV INTERNATIONAL USA (16), COSTCO WHOLESALE COPRORATION (2), and AT HOME PROCUREMENT INC (2) were at the forefront of shipping Hot-Rolled Iron from China to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$330M(19.8%)
IMPORT GROWTH (March 2023 - March 2024)$-12.6M(-9.44%)
MAIN EXPORTER (March 2024)Guangdong Province$436M
MAIN DESTINATION (March 2024)Vietnam$508M

This section shows Hot-Rolled Iron's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Hot-Rolled Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.2B
IMPORTS (2022)$1.98B
NET TRADE (2022)$9.22B

In 2022, China exported $11.2B in Hot-Rolled Iron. The main destinations of China exports on Hot-Rolled Iron were Vietnam ($2.55B), South Korea ($1.4B), Saudi Arabia ($745M), Turkey ($688M), and United Arab Emirates ($546M).

In 2022, China imported $1.98B in Hot-Rolled Iron, mainly from Japan ($1.22B), South Korea ($583M), Chinese Taipei ($35.6M), Russia ($34.7M), and Kazakhstan ($30.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR China WERE (2021 - 2022):
Vietnam$2.02B (388%)
South Korea$706M (102%)
Turkey$614M (836%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY China WERE (2021 - 2022):
Uganda-$18.5M (-90.3%)
Iran-$13.3M (-87.2%)
Panama-$11.9M (-45.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Hot-Rolled Iron were:
In 2022, China's main importing competitors in Hot-Rolled Iron were:

Explore Visualizations

Trade Value of Hot-Rolled Iron by Exporters

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