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720823 (Harmonized System 1992 for 6-digit)

2022
World Trade $12.7BRnk 299 / 4648
2022
Top Exporter | Top Importer $2.13B | $1.62BJapan | Italy
2022
Product Complexity 0.19Rnk 2215 / 4653
2021 - 2022
Export Growth (CAGR) -11.3%Rnk 4026 / 4648
2022
Share of World Trade 0.054%Rnk 299 / 4648

About

Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes. In 2022, Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes were the world's 299th most traded product, with a total trade of $12.7B. Between 2021 and 2022 the exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes decreased by -11.3%, from $14.3B to $12.7B. Trade in Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes represent 0.054% of total world trade.

Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes are a part of Hot-Rolled Iron.

Exports In 2022 the top exporters of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes  were Japan ($2.13B), South Korea ($1.34B), China ($1.28B), France ($747M), and Belgium ($667M).

Imports In 2022 the top importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes were Italy ($1.62B), Turkey ($878M), Vietnam ($752M), United States ($731M), and Thailand ($719M).

Ranking Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes ranks 2215th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, 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 (2022)Japan$2.13B
Top Destination (2022)Italy$1.62B

In 2022 Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes were the world's 299th most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes were Japan ($2.13B), South Korea ($1.34B), China ($1.28B), France ($747M), and Belgium ($667M).

In 2022, the top importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes were Italy ($1.62B), Turkey ($878M), Vietnam ($752M), United States ($731M), and Thailand ($719M).

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Exporters of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes (2022)
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Importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$760M
Top Destination Growth (2021 -  2022)India$82.5M

Between 2021 and 2022, the exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes grew the fastest in China ($760M), Brazil ($99.8M), Belgium ($82.4M), Australia ($75.3M), and Netherlands ($66.2M).

Between 2021 and 2022, the fastest growing importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes were India ($82.5M), Spain ($57.6M), Saudi Arabia ($45.5M), Romania ($31.2M), and Indonesia ($28.4M).

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Exporters of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes (2021 - 2022)

Importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.45. This means that most of the exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes are explained by 21 countries.

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Value of Exports in Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes

Net Trade

TOP NET EXPORTER (2022)Japan$1.9B
TOP NET IMPORTER (2022)Italy$1.51B

This map shows which countries export or import more of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes. Each country is colored based on the difference in exports and imports of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes were Japan ($1.9B), South Korea ($876M), China ($800M), Chinese Taipei ($592M), and France ($494M).

In 2022, the countries that had a largest trade value in imports than in exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes were Italy ($1.51B), Thailand ($713M), Spain ($572M), Turkey ($572M), and United States ($528M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes.
It is possible to select the main countries that export or import Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hot rolled iron or non-alloy steel, coil,width >600mm, t 3-4.75mm, 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 (2022)

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