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

720843 (Harmonized System 1992 for 6-digit)

2023
World Trade $5BRnk 731 / 4644
2023
Top Exporter | Top Importer $1.02B | $453MChina | Germany
2023
Product Complexity 0.35Rnk 1931 / 4656
2022 - 2023
Export Growth (CAGR) -14%Rnk 3142 / 4644
2023
Share of World Trade 0.022%Rnk 731 / 4644

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 2023, Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes were the world's 731st most traded product, with a total trade of $5B. Between 2022 and 2023 the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes decreased by -14%, from $5.81B to $5B. Trade in Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes represent 0.022% 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 2023 the top exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes  were China ($1.02B), Japan ($433M), United States ($307M), Italy ($292M), and Slovakia ($246M).

Imports In 2023 the top importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes were Germany ($453M), France ($270M), Mexico ($264M), United Arab Emirates ($243M), and Netherlands ($196M).

Ranking Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes ranks 1931st in the Product Complexity Index (PCI).

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 (2023)China$1.02B
Top Destination (2023)Germany$453M

In 2023 Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes were the world's 731st most traded product (out of 4,644).

In 2023, the top exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes were China ($1.02B), Japan ($433M), United States ($307M), Italy ($292M), and Slovakia ($246M).

In 2023, the top importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes were Germany ($453M), France ($270M), Mexico ($264M), United Arab Emirates ($243M), and Netherlands ($196M).

Explore Visualizations

Exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes (2023)
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Importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$85.9M
Top Destination Growth (2022 -  2023)South Korea$121M

Between 2022 and 2023, the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes grew the fastest in China ($85.9M), Japan ($55.3M), Brazil ($17.6M), United Arab Emirates ($15.3M), and Finland ($10M).

Between 2022 and 2023, the fastest growing importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes were South Korea ($121M), United Arab Emirates ($34.3M), Egypt ($29.2M), Ukraine ($23.9M), and Argentina ($23.6M).

Explore Visualizations

Exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes (2022 - 2023)

Importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 4.75-10mm, nes (2022 - 2023)

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 2023, market concentration measured using Shannon Entropy, was 4.57. 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 23 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 (2023)China$913M
TOP NET IMPORTER (2023)Mexico$260M

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 2023.

In 2023, 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 ($913M), Japan ($426M), Italy ($242M), United States ($211M), and Slovakia ($197M).

In 2023, 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 Mexico ($260M), Germany ($248M), France ($235M), United Arab Emirates ($186M), and Indonesia ($120M).

Net Trade (2023)

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 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 (2023)

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