Sign In
Pricing

720842 (Harmonized System 1992 for 6-digit)

2022
World Trade $17BRnk 202 / 4648
2022
Top Exporter | Top Importer $2.81B | $1.45BChina | South Korea
2022
Product Complexity 0.8Rnk 1108 / 4653
2021 - 2022
Export Growth (CAGR) 28.8%Rnk 449 / 4648
2022
Share of World Trade 0.072%Rnk 202 / 4648

About

Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes. In 2022, Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes were the world's 202nd most traded product, with a total trade of $17B. Between 2021 and 2022 the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes grew by 28.8%, from $13.2B to $17B. Trade in Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes represent 0.072% of total world trade.

Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes are a part of Hot-Rolled Iron.

Exports In 2022 the top exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes  were China ($2.81B), Japan ($2.29B), South Korea ($2.08B), Italy ($1.31B), and Germany ($871M).

Imports In 2022 the top importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes were South Korea ($1.45B), Germany ($1.21B), China ($925M), Vietnam ($734M), and Turkey ($680M).

Ranking Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes ranks 1108th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, 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.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)China$2.81B
Top Destination (2022)South Korea$1.45B

In 2022 Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes were the world's 202nd most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes were China ($2.81B), Japan ($2.29B), South Korea ($2.08B), Italy ($1.31B), and Germany ($871M).

In 2022, the top importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes were South Korea ($1.45B), Germany ($1.21B), China ($925M), Vietnam ($734M), and Turkey ($680M).

Explore Visualizations

Exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes (2022)
[Click to Select a Country]

Importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.9B
Top Destination Growth (2021 -  2022)South Korea$558M

Between 2021 and 2022, the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes grew the fastest in China ($1.9B), Japan ($370M), South Korea ($327M), Italy ($237M), and Germany ($190M).

Between 2021 and 2022, the fastest growing importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes were South Korea ($558M), Mexico ($213M), Turkey ($205M), Saudi Arabia ($187M), and Vietnam ($181M).

Explore Visualizations

Exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes (2021 - 2022)

Importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, 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, flat,width >600mm, t >10mm, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.38. This means that most of the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes are explained by 20 countries.

Explore Visualizations

Value of Exports in Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes

Net Trade

TOP NET EXPORTER (2022)Japan$1.97B
TOP NET IMPORTER (2022)Vietnam$718M

This map shows which countries export or import more of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes. Each country is colored based on the difference in exports and imports of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, 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, flat,width >600mm, t >10mm, nes were Japan ($1.97B), China ($1.88B), Italy ($1B), South Korea ($622M), and United States ($304M).

In 2022, the countries that had a largest trade value in imports than in exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes were Vietnam ($718M), Mexico ($624M), Turkey ($476M), Poland ($404M), and Canada ($368M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, nes.
It is possible to select the main countries that export or import Hot rolled iron or non-alloy steel, flat,width >600mm, t >10mm, 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, flat,width >600mm, t >10mm, 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms