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720844 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.53BRnk 1752 / 4648
2022
Top Exporter | Top Importer $160M | $270MSlovakia | Germany
2022
Product Complexity 0.15Rnk 2269 / 4653
2021 - 2022
Export Growth (CAGR) -7.51%Rnk 3785 / 4648
2022
Share of World Trade 0.0064%Rnk 1752 / 4648

About

Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne. In 2022, Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were the world's 1752nd most traded product, with a total trade of $1.53B. Between 2021 and 2022 the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne decreased by -7.51%, from $1.65B to $1.53B. Trade in Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne represent 0.0064% of total world trade.

Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne 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 3.0-4.75mm, ne  were Slovakia ($160M), China ($136M), Belgium ($133M), Italy ($126M), and Austria ($100M).

Imports In 2022 the top importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were Germany ($270M), Czechia ($150M), France ($112M), Poland ($73.9M), and Netherlands ($61.2M).

Ranking Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne ranks 2269th 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, flat,width >600mm, t 3.0-4.75mm, ne. 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)Slovakia$160M
Top Destination (2022)Germany$270M

In 2022 Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were the world's 1752nd most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were Slovakia ($160M), China ($136M), Belgium ($133M), Italy ($126M), and Austria ($100M).

In 2022, the top importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were Germany ($270M), Czechia ($150M), France ($112M), Poland ($73.9M), and Netherlands ($61.2M).

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Exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne (2022)
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Importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$62.4M
Top Destination Growth (2021 -  2022)Denmark$8.92M

Between 2021 and 2022, the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne grew the fastest in China ($62.4M), Turkey ($11.4M), Denmark ($11.4M), Poland ($10.6M), and Hungary ($10.4M).

Between 2021 and 2022, the fastest growing importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were Denmark ($8.92M), Colombia ($6.94M), Slovakia ($5.93M), Peru ($5.15M), and Estonia ($3.91M).

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Exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne (2021 - 2022)

Importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne (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 3.0-4.75mm, ne.

In 2022, market concentration measured using Shannon Entropy, was 4.7. This means that most of the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne are explained by 25 countries.

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Value of Exports in Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne

Net Trade

TOP NET EXPORTER (2022)China$133M
TOP NET IMPORTER (2022)Germany$193M

This map shows which countries export or import more of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne. Each country is colored based on the difference in exports and imports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne 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 3.0-4.75mm, ne were China ($133M), Italy ($123M), Slovakia ($119M), Belgium ($108M), and Austria ($59.7M).

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 3.0-4.75mm, ne were Germany ($193M), Czechia ($117M), France ($99.1M), Croatia ($25.6M), and Bosnia and Herzegovina ($24.7M).

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 iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne.
It is possible to select the main countries that export or import Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne 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 3.0-4.75mm, ne 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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