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720845 (Harmonized System 1992 for 6-digit)

2022
World Trade $923MRnk 2295 / 4648
2022
Top Exporter | Top Importer $150M | $110MChina | Russia
2022
Product Complexity -0.48Rnk 3187 / 4653
2021 - 2022
Export Growth (CAGR) 13.9%Rnk 1218 / 4648
2022
Share of World Trade 0.0039%Rnk 2295 / 4648

About

Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, nes. In 2022, Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, nes were the world's 2295th most traded product, with a total trade of $923M. Between 2021 and 2022 the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, nes grew by 13.9%, from $810M to $923M. Trade in Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, nes represent 0.0039% of total world trade.

Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, 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 <3mm, nes  were China ($150M), Kazakhstan ($124M), Turkey ($59.3M), Italy ($48.5M), and Russia ($41.6M).

Imports In 2022 the top importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, nes were Russia ($110M), France ($58.9M), United States ($42.2M), Germany ($37M), and Rwanda ($32.1M).

Ranking Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, nes ranks 3187th 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 <3mm, 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)China$150M
Top Destination (2022)Russia$110M

In 2022 Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, nes were the world's 2295th most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, nes were China ($150M), Kazakhstan ($124M), Turkey ($59.3M), Italy ($48.5M), and Russia ($41.6M).

In 2022, the top importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, nes were Russia ($110M), France ($58.9M), United States ($42.2M), Germany ($37M), and Rwanda ($32.1M).

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

Color
Top Origin Growth (2021 -  2022)Kazakhstan$105M
Top Destination Growth (2021 -  2022)Russia$87.5M

Between 2021 and 2022, the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, nes grew the fastest in Kazakhstan ($105M), China ($94.9M), Turkey ($15.4M), South Korea ($7.59M), and Denmark ($6.52M).

Between 2021 and 2022, the fastest growing importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, nes were Russia ($87.5M), Rwanda ($30.4M), Nigeria ($16.1M), Uzbekistan ($10.9M), and Egypt ($9.28M).

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

Importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, 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 <3mm, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.75. This means that most of the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, nes are explained by 26 countries.

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

Net Trade

TOP NET EXPORTER (2022)China$148M
TOP NET IMPORTER (2022)Russia$68.6M

This map shows which countries export or import more of Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, 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 <3mm, 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 <3mm, nes were China ($148M), Kazakhstan ($116M), Turkey ($57.6M), Italy ($47.5M), and Canada ($35.7M).

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 <3mm, nes were Russia ($68.6M), France ($54.5M), Rwanda ($30.4M), Egypt ($24.8M), and Czechia ($22.8M).

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 <3mm, nes.
It is possible to select the main countries that export or import Hot rolled iron or non-alloy steel, flat,width >600mm, t <3mm, 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 <3mm, 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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