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720843 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.88BRnk 661 / 4648
2022
Top Exporter | Top Importer $914M | $739MChina | Germany
2022
Product Complexity 0.24Rnk 2112 / 4653
2021 - 2022
Export Growth (CAGR) 17%Rnk 985 / 4648
2022
Share of World Trade 0.025%Rnk 661 / 4648

About

Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes. In 2022, Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes were the world's 661st most traded product, with a total trade of $5.88B. Between 2021 and 2022 the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes grew by 17%, from $5.03B to $5.88B. Trade in Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes represent 0.025% of total world trade.

Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, 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 4.75-10mm, nes  were China ($914M), Japan ($427M), Belgium ($346M), United States ($334M), and Italy ($322M).

Imports In 2022 the top importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes were Germany ($739M), France ($312M), Czechia ($255M), Mexico ($241M), and Poland ($237M).

Ranking Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes ranks 2112th 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 4.75-10mm, 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.

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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$914M
Top Destination (2022)Germany$739M

In 2022 Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes were the world's 661st most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes were China ($914M), Japan ($427M), Belgium ($346M), United States ($334M), and Italy ($322M).

In 2022, the top importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes were Germany ($739M), France ($312M), Czechia ($255M), Mexico ($241M), and Poland ($237M).

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Exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes (2022)
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Importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$626M
Top Destination Growth (2021 -  2022)Indonesia$120M

Between 2021 and 2022, the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes grew the fastest in China ($626M), Japan ($175M), United States ($119M), Netherlands ($73.2M), and Poland ($57.1M).

Between 2021 and 2022, the fastest growing importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes were Indonesia ($120M), Germany ($90M), Singapore ($79.7M), Mexico ($71.1M), and Turkey ($58.3M).

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Exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes (2021 - 2022)

Importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, 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 4.75-10mm, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.78. This means that most of the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes are explained by 27 countries.

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Value of Exports in Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes

Net Trade

TOP NET EXPORTER (2022)China$810M
TOP NET IMPORTER (2022)Germany$497M

This map shows which countries export or import more of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, 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 4.75-10mm, 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 4.75-10mm, nes were China ($810M), Japan ($419M), Italy ($253M), United States ($216M), and Belgium ($202M).

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 4.75-10mm, nes were Germany ($497M), France ($268M), Mexico ($229M), Czechia ($153M), and Vietnam ($111M).

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, flat,width >600mm, t 4.75-10mm, nes.
It is possible to select the main countries that export or import Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, 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 4.75-10mm, 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)

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