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720923 (Harmonized System 1992 for 6-digit)

2023
World Trade $6.85BRnk 540 / 4644
2023
Top Exporter | Top Importer $1.42B | $573MSouth Korea | Mexico
2023
Product Complexity 0.074Rnk 2432 / 4656
2022 - 2023
Export Growth (CAGR) -19.9%Rnk 3672 / 4644
2023
Share of World Trade 0.03%Rnk 540 / 4644

About

Overview This page contains the latest trade data of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes. In 2023, Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes were the world's 540th most traded product, with a total trade of $6.85B. Between 2022 and 2023 the exports of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes decreased by -19.9%, from $8.54B to $6.85B. Trade in Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes represent 0.03% of total world trade.

Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes are a part of Cold-Rolled Iron.

Exports In 2023 the top exporters of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes  were South Korea ($1.42B), China ($1.09B), Japan ($749M), Belgium ($494M), and Netherlands ($367M).

Imports In 2023 the top importers of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes were Mexico ($573M), Thailand ($387M), United States ($340M), Japan ($339M), and France ($334M).

Ranking Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes ranks 2432nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, 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 (2023)South Korea$1.42B
Top Destination (2023)Mexico$573M

In 2023 Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes were the world's 540th most traded product (out of 4,644).

In 2023, the top exporters of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes were South Korea ($1.42B), China ($1.09B), Japan ($749M), Belgium ($494M), and Netherlands ($367M).

In 2023, the top importers of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes were Mexico ($573M), Thailand ($387M), United States ($340M), Japan ($339M), and France ($334M).

Explore Visualizations

Exporters of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes (2023)
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Importers of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$23.4M
Top Destination Growth (2022 -  2023)South Korea$63.9M

Between 2022 and 2023, the exports of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes grew the fastest in United States ($23.4M), Saudi Arabia ($13.6M), Malaysia ($4.5M), New Zealand ($4.05M), and Morocco ($3.24M).

Between 2022 and 2023, the fastest growing importers of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes were South Korea ($63.9M), Belgium ($27.6M), Iraq ($25.7M), Japan ($23.2M), and Afghanistan ($21.7M).

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Exporters of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes (2022 - 2023)

Importers of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes.

In 2023, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes are explained by 17 countries.

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Value of Exports in Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes

Net Trade

TOP NET EXPORTER (2023)South Korea$1.29B
TOP NET IMPORTER (2023)Mexico$539M

This map shows which countries export or import more of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes. Each country is colored based on the difference in exports and imports of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes were South Korea ($1.29B), China ($831M), Japan ($411M), Belgium ($249M), and Austria ($165M).

In 2023, the countries that had a largest trade value in imports than in exports of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes were Mexico ($539M), Thailand ($369M), Indonesia ($293M), Poland ($244M), and Malaysia ($223M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes.
It is possible to select the main countries that export or import Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, 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 (2023)

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