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722691 (Harmonized System 1992 for 6-digit)

2023
World Trade $854MRnk 2285 / 4644
2023
Top Exporter | Top Importer $235M | $102MGermany | Germany
2023
Product Complexity 1.94Rnk 24 / 4656
2022 - 2023
Export Growth (CAGR) -12.4%Rnk 2962 / 4644
2023
Share of World Trade 0.0038%Rnk 2285 / 4644

About

Overview This page contains the latest trade data of Hot rolled alloy-steel nes nfw, <600mm wide. In 2023, Hot rolled alloy-steel nes nfw, <600mm wide were the world's 2285th most traded product, with a total trade of $854M. Between 2022 and 2023 the exports of Hot rolled alloy-steel nes nfw, <600mm wide decreased by -12.4%, from $975M to $854M. Trade in Hot rolled alloy-steel nes nfw, <600mm wide represent 0.0038% of total world trade.

Hot rolled alloy-steel nes nfw, <600mm wide are a part of Flat-Rolled Iron.

Exports In 2023 the top exporters of Hot rolled alloy-steel nes nfw, <600mm wide  were Germany ($235M), United States ($102M), Austria ($99M), Sweden ($63.8M), and China ($63.2M).

Imports In 2023 the top importers of Hot rolled alloy-steel nes nfw, <600mm wide were Germany ($102M), Czechia ($89M), Canada ($84.2M), Switzerland ($72.1M), and Poland ($65.4M).

Ranking Hot rolled alloy-steel nes nfw, <600mm wide ranks 24th in the Product Complexity Index (PCI).

Description Hot rolled alloy-steel nfw, <600mm wide are used in a variety of applications, such as manufacturing steam and gas pipes, metal furniture, appliances, and storage tanks.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Hot rolled alloy-steel nes nfw, <600mm wide. 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)Germany$235M
Top Destination (2023)Germany$102M

In 2023 Hot rolled alloy-steel nes nfw, <600mm wide were the world's 2285th most traded product (out of 4,644).

In 2023, the top exporters of Hot rolled alloy-steel nes nfw, <600mm wide were Germany ($235M), United States ($102M), Austria ($99M), Sweden ($63.8M), and China ($63.2M).

In 2023, the top importers of Hot rolled alloy-steel nes nfw, <600mm wide were Germany ($102M), Czechia ($89M), Canada ($84.2M), Switzerland ($72.1M), and Poland ($65.4M).

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Exporters of Hot rolled alloy-steel nes nfw, <600mm wide (2023)
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Importers of Hot rolled alloy-steel nes nfw, <600mm wide (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$14.2M
Top Destination Growth (2022 -  2023)Canada$15.9M

Between 2022 and 2023, the exports of Hot rolled alloy-steel nes nfw, <600mm wide grew the fastest in United States ($14.2M), Spain ($8.95M), India ($3.85M), Slovakia ($3.54M), and Poland ($2.97M).

Between 2022 and 2023, the fastest growing importers of Hot rolled alloy-steel nes nfw, <600mm wide were Canada ($15.9M), Italy ($13.5M), Czechia ($3.54M), Jamaica ($1.78M), and Indonesia ($1.68M).

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Exporters of Hot rolled alloy-steel nes nfw, <600mm wide (2022 - 2023)

Importers of Hot rolled alloy-steel nes nfw, <600mm wide (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hot rolled alloy-steel nes nfw, <600mm wide.

In 2023, market concentration measured using Shannon Entropy, was 3.62. This means that most of the exports of Hot rolled alloy-steel nes nfw, <600mm wide are explained by 12 countries.

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Value of Exports in Hot rolled alloy-steel nes nfw, <600mm wide

Net Trade

TOP NET EXPORTER (2023)Germany$133M
TOP NET IMPORTER (2023)Canada$71.8M

This map shows which countries export or import more of Hot rolled alloy-steel nes nfw, <600mm wide. Each country is colored based on the difference in exports and imports of Hot rolled alloy-steel nes nfw, <600mm wide during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hot rolled alloy-steel nes nfw, <600mm wide were Germany ($133M), United States ($69M), Austria ($67M), Sweden ($57.4M), and Japan ($46.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Hot rolled alloy-steel nes nfw, <600mm wide were Canada ($71.8M), Switzerland ($70.3M), Poland ($55.5M), Czechia ($48.5M), and Belgium ($40.3M).

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 Hot rolled alloy-steel nes nfw, <600mm wide.
It is possible to select the main countries that export or import Hot rolled alloy-steel nes nfw, <600mm wide in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hot rolled alloy-steel nes nfw, <600mm wide 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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