HS Icon Hot-Rolled Iron in  Flag China

2021
Exports | Imports
: $3.76B | $2.16B, World Rnk 5 / 153
Flag Rnk 171 / 1215 | World Rnk 10 / 212
Flag Rnk 141 / 1214

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $508M | $203M, Vietnam |  Japan

2021
ECONOMIC COMPLEXITY of China
: 1.07, Rnk 25 / 131

2021
PRODUCT COMPLEXITY IN Hot-Rolled Iron
: 0.5, Rnk 368 / 1024

Exports In 2021, China exported $3.76B in Hot-Rolled Iron, making it the 5th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 171st most exported product in China. The main destination of Hot-Rolled Iron exports from China are: South Korea ($690M), Vietnam ($536M), Saudi Arabia ($286M), Pakistan ($157M), and Philippines ($139M).

The fastest growing export markets for Hot-Rolled Iron of China between 2020 and 2021 were Vietnam ($508M), South Korea ($454M), and Pakistan ($153M).

Imports In 2021, China imported $2.16B in Hot-Rolled Iron, becoming the 10th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 141st most imported product in China. China imports Hot-Rolled Iron primarily from: Japan ($1.37B), South Korea ($552M), Chinese Taipei ($119M), Indonesia ($36.9M), and Hong Kong ($28.3M).

The fastest growing import markets in Hot-Rolled Iron for China between 2020 and 2021 were Japan ($203M), Malaysia ($3.74M), and Brazil ($1.72M).

June 2023

Subnational Monthly Trade

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Time Scale
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EXPORT GROWTH (June 2022 - June 2023): $-397M, (-24%)

IMPORT GROWTH (June 2022 - June 2023): $-58.5M, (-30%)

MAIN EXPORTER (June 2023): Zhejiang Province, $367M

MAIN DESTINATION (June 2023): Vietnam, $252M

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

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EXPORTS (2021): $3.76B

IMPORTS (2021): $2.16B

NET TRADE (2021): $1.59B

In 2021, China exported $3.76B in Hot-Rolled Iron. The main destinations of China exports on Hot-Rolled Iron were South Korea ($690M), Vietnam ($536M), Saudi Arabia ($286M), Pakistan ($157M), and Philippines ($139M).

In 2021, China imported $2.16B in Hot-Rolled Iron, mainly from Japan ($1.37B), South Korea ($552M), Chinese Taipei ($119M), Indonesia ($36.9M), and Hong Kong ($28.3M).

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Flow

THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR China WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY China WERE (2020 - 2021):

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Market Concentration

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In 2021, China's main exporting competitors in Hot-Rolled Iron were:

In 2021, China's main importing competitors in Hot-Rolled Iron were:

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