HS Icon Cold-Rolled Iron

Iron or non-alloy steel; flat-rolled products, width 600mm or more, cold-rolled (cold-reduced), not clad, plated or coated

7209 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Cold-Rolled Iron. In 2021, Cold-Rolled Iron were the world's 197th most traded product, with a total trade of $22.2B. Between 2020 and 2021 the exports of Cold-Rolled Iron grew by 85.3%, from $12B to $22.2B. Trade in Cold-Rolled Iron represent 0.11% of total world trade.

Cold-Rolled Iron are a part of Iron & steel. They include Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes, Cold rolled iron or non-alloy steel, coil, width >600mm, t 1-3mm, nes, Cold rolled iron or non-alloy steel, coil, width >600mm, t <0.5mm, nes, Cold rolled iron or non-alloy steel, flat, width >600mm, t 1-3mm, nes, Cold rolled iron or non-alloy steel, flat, width >600mm, t 0.5-1mm, nes, Cold rolled iron or non-alloy steel, flat, width >600mm, nes, Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes, Cold rolled iron or non-alloy steel, flat, width >600mm, t >3mm, nes, Cold rolled iron or non-alloy steel, coil, w >600mm, t <0.5mm, 275..., and Cold rolled iron or non-alloy steel, flat, width >600mm, t <0.5mm, nes, among others.

Exports In 2021 the top exporters of Cold-Rolled Iron  were China ($4.08B), South Korea ($3.07B), Japan ($1.76B), Chinese Taipei ($1.26B), and Belgium ($1.05B).

Imports In 2021 the top importers of Cold-Rolled Iron were United States ($1.52B), Mexico ($1.35B), China ($1.33B), Belgium ($1.19B), and Poland ($1.03B).

Tariffs In 2018 the average tariff for Cold-Rolled Iron was 5.31%, making it the 786th lowest tariff using the HS4 product classification.

Ranking Cold-Rolled Iron ranks 527th in the Product Complexity Index (PCI).

Description Flat-rolled products of iron or non-alloy steel are used in the production of other goods. They can be made from a variety of materials, including iron and steel.

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Y-AXIS SCALE

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

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

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

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $4.08B

Top Destination (2021): United States, $1.52B

Cold-Rolled Iron are the world's 197th most traded product.

In 2021, the top exporters of Cold-Rolled Iron were China ($4.08B), South Korea ($3.07B), Japan ($1.76B), Chinese Taipei ($1.26B), and Belgium ($1.05B).

In 2021, the top importers of Cold-Rolled Iron were United States ($1.52B), Mexico ($1.35B), China ($1.33B), Belgium ($1.19B), and Poland ($1.03B).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $2.81B

Top Destination Growth (2020 -  2021): United States, $871M

Between 2020 and 2021, the exports of Cold-Rolled Iron grew the fastest in China ($2.81B), South Korea ($977M), Japan ($674M), India ($572M), and Turkey ($484M).

Between 2020 and 2021, the fastest growing importers of Cold-Rolled Iron were United States ($871M), Mexico ($806M), Belgium ($722M), Italy ($583M), and Poland ($521M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Cold-Rolled Iron.

In 2021, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Cold-Rolled Iron are explained by 21 countries.

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TOP NET EXPORTER (2021): China, $2.75B

TOP NET IMPORTER (2021): Mexico, $1.17B

This map shows which countries export or import more of Cold-Rolled Iron. Each country is colored based on the difference in exports and imports of Cold-Rolled Iron during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Cold-Rolled Iron were China ($2.75B), South Korea ($2.75B), Japan ($1.09B), Chinese Taipei ($637M), and Ukraine ($583M).

In 2021, the countries that had a largest trade value in imports than in exports of Cold-Rolled Iron were Mexico ($1.17B), United States ($974M), Poland ($909M), Thailand ($770M), and Malaysia ($660M).

Disaggregation

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Value

In 2021, the world most traded Cold-Rolled Iron, disaggragated by their HS6 level were Cold rolled iron or non-alloy steel,... ($9.02B), Cold rolled iron or non-alloy steel,... ($7.75B), Cold rolled iron or non-alloy steel,... ($3.15B), Cold rolled iron or non-alloy steel,... ($882M), and Cold rolled iron or non-alloy steel,... ($582M)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Cold-Rolled Iron.
It is possible to select the main countries that export or import Cold-Rolled Iron in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Cold-Rolled Iron to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.