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Pricing

721320 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.06BRnk 2128 / 4648
2022
Top Exporter | Top Importer $201M | $278MGermany | Italy
2022
Product Complexity -0.2Rnk 2806 / 4653
2021 - 2022
Export Growth (CAGR) -1.98%Rnk 3252 / 4648
2022
Share of World Trade 0.0045%Rnk 2128 / 4648

About

Overview This page contains the latest trade data of Hot rolled bar/rod, irregular coils,free cutting stee. In 2022, Hot rolled bar/rod, irregular coils,free cutting stee were the world's 2128th most traded product, with a total trade of $1.06B. Between 2021 and 2022 the exports of Hot rolled bar/rod, irregular coils,free cutting stee decreased by -1.98%, from $1.08B to $1.06B. Trade in Hot rolled bar/rod, irregular coils,free cutting stee represent 0.0045% of total world trade.

Hot rolled bar/rod, irregular coils,free cutting stee are a part of Hot-Rolled Iron Bars.

Exports In 2022 the top exporters of Hot rolled bar/rod, irregular coils,free cutting stee  were Germany ($201M), Switzerland ($153M), France ($146M), Spain ($136M), and Japan ($66.4M).

Imports In 2022 the top importers of Hot rolled bar/rod, irregular coils,free cutting stee were Italy ($278M), Germany ($121M), Turkey ($92.7M), United States ($85.2M), and Dominican Republic ($71.5M).

Ranking Hot rolled bar/rod, irregular coils,free cutting stee ranks 2806th in the Product Complexity Index (PCI).

Description Hot rolled bar/rod is typically used in construction and engineering, such as reinforcing steel and beams. Irregular coils are typically used in construction, such as reinforcing steel and beams. Free cutting steel is typically used in the industrial field, such as machine tools.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hot rolled bar/rod, irregular coils,free cutting stee. 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 (2022)Germany$201M
Top Destination (2022)Italy$278M

In 2022 Hot rolled bar/rod, irregular coils,free cutting stee were the world's 2128th most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled bar/rod, irregular coils,free cutting stee were Germany ($201M), Switzerland ($153M), France ($146M), Spain ($136M), and Japan ($66.4M).

In 2022, the top importers of Hot rolled bar/rod, irregular coils,free cutting stee were Italy ($278M), Germany ($121M), Turkey ($92.7M), United States ($85.2M), and Dominican Republic ($71.5M).

Explore Visualizations

Exporters of Hot rolled bar/rod, irregular coils,free cutting stee (2022)
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Importers of Hot rolled bar/rod, irregular coils,free cutting stee (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$27M
Top Destination Growth (2021 -  2022)Italy$27.5M

Between 2021 and 2022, the exports of Hot rolled bar/rod, irregular coils,free cutting stee grew the fastest in Brazil ($27M), Switzerland ($23.9M), Turkey ($12.6M), France ($10.9M), and Netherlands ($10.8M).

Between 2021 and 2022, the fastest growing importers of Hot rolled bar/rod, irregular coils,free cutting stee were Italy ($27.5M), France ($14.4M), Spain ($9.78M), Mauritius ($6.47M), and Israel ($5.26M).

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Exporters of Hot rolled bar/rod, irregular coils,free cutting stee (2021 - 2022)

Importers of Hot rolled bar/rod, irregular coils,free cutting stee (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hot rolled bar/rod, irregular coils,free cutting stee.

In 2022, market concentration measured using Shannon Entropy, was 3.87. This means that most of the exports of Hot rolled bar/rod, irregular coils,free cutting stee are explained by 14 countries.

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Value of Exports in Hot rolled bar/rod, irregular coils,free cutting stee

Net Trade

TOP NET EXPORTER (2022)Switzerland$147M
TOP NET IMPORTER (2022)Italy$257M

This map shows which countries export or import more of Hot rolled bar/rod, irregular coils,free cutting stee. Each country is colored based on the difference in exports and imports of Hot rolled bar/rod, irregular coils,free cutting stee during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hot rolled bar/rod, irregular coils,free cutting stee were Switzerland ($147M), France ($124M), Spain ($97M), Germany ($79.1M), and Japan ($66.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Hot rolled bar/rod, irregular coils,free cutting stee were Italy ($257M), Turkey ($59.2M), United States ($58.2M), Canada ($55.1M), and South Korea ($38.9M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Hot rolled bar/rod, irregular coils,free cutting stee.
It is possible to select the main countries that export or import Hot rolled bar/rod, irregular coils,free cutting stee in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hot rolled bar/rod, irregular coils,free cutting stee 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 (2022)

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