2023
Exports
$4.2MWorld Rnk 72 / 153
Flag Rnk 187 / 1101
2023
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.54Rnk 355 / 1025
2023
Imports
$416MWorld Rnk 37 / 211
Flag Rnk 5 / 1167
2023
ECONOMIC COMPLEXITY of Kenya
-0.47Rnk 86 / 132

About

Exports In 2023, Kenya exported $4.2M in Hot-Rolled Iron, making it the 72nd largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 187th most exported product in Kenya. The main destination of Hot-Rolled Iron exports from Kenya are: Rwanda ($2.82M), Burundi ($476k), Tanzania ($280k), Uganda ($262k), and Sri Lanka ($165k).

The fastest growing export markets for Hot-Rolled Iron of Kenya between 2022 and 2023 were Sri Lanka ($165k), Malawi ($39.5k), and Somalia ($2.07k).

Imports In 2023, Kenya imported $416M in Hot-Rolled Iron, becoming the 37th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 5th most imported product in Kenya. Kenya imports Hot-Rolled Iron primarily from: Japan ($211M), China ($162M), South Africa ($18.8M), South Korea ($12.2M), and United States ($9.83M).

The fastest growing import markets in Hot-Rolled Iron for Kenya between 2022 and 2023 were United States ($9.83M), South Africa ($9.12M), and China ($4.06M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Hot-Rolled Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.2M
IMPORTS (2023)$416M
NET TRADE (2023)-$412M

In 2023, Kenya exported $4.2M in Hot-Rolled Iron. The main destinations of Kenya exports on Hot-Rolled Iron were Rwanda ($2.82M), Burundi ($476k), Tanzania ($280k), Uganda ($262k), and Sri Lanka ($165k).

In 2023, Kenya imported $416M in Hot-Rolled Iron, mainly from Japan ($211M), China ($162M), South Africa ($18.8M), South Korea ($12.2M), and United States ($9.83M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Kenya WERE (2022 - 2023):
Sri Lanka$165k (1%)
Malawi$39.5k (1%)
Somalia$2.07k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Kenya WERE (2022 - 2023):
Rwanda-$315k (-10%)
Uganda-$307k (-54%)
Tanzania-$142k (-33.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Kenya's main exporting competitors in Hot-Rolled Iron were:
China $16.4B
Japan $10.4B
In 2023, Kenya's main importing competitors in Hot-Rolled Iron were:

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Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTanzania+ $545k
TOP IMPORT POTENTIALIndia+ $11.2M

Hot-Rolled Iron’s highest export potential is Tanzania. With an export gap of $545k.   Hot-Rolled Iron’s highest import potential is India with an import gap of $11.2M.

See methodology.

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