Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355

721119 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355. In 2022, Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were the world's 1449th most traded product, with a total trade of $2.08B. Between 2021 and 2022 the exports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 grew by 1.25%, from $2.05B to $2.08B. Trade in Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 represent 0.0088% of total world trade.

Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 are a part of Large Flat-Rolled Iron.

Exports In 2022 the top exporters of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355  were Germany ($411M), China ($192M), Italy ($186M), United States ($158M), and Hungary ($123M).

Imports In 2022 the top importers of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were Germany ($247M), France ($174M), Poland ($167M), United States ($157M), and Austria ($152M).

Ranking Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 ranks 2316th in the Product Complexity Index (PCI).

Description There are a number of uses of hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355. These metals are commonly used to produce household items such as pots and pans. They are also used in manufacturing machinery, automobiles, and buildings.

Latest Data

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The following visualization shows the latest trends on Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355. 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)Germany$411M
Top Destination (2022)Germany$247M

In 2022 Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were the world's 1449th most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were Germany ($411M), China ($192M), Italy ($186M), United States ($158M), and Hungary ($123M).

In 2022, the top importers of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were Germany ($247M), France ($174M), Poland ($167M), United States ($157M), and Austria ($152M).

Explore Visualizations

Exporters of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 (2022)
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Importers of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$135M
Top Destination Growth (2021 -  2022)Philippines$57M

Between 2021 and 2022, the exports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 grew the fastest in China ($135M), Germany ($34.1M), United States ($28M), Slovakia ($23.3M), and Turkey ($17.1M).

Between 2021 and 2022, the fastest growing importers of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were Philippines ($57M), Spain ($24.5M), Iraq ($23.7M), Canada ($17.4M), and Pakistan ($15.6M).

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Exporters of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 (2021 - 2022)

Importers of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355.

In 2022, market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 are explained by 18 countries.

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Value of Exports in Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355

Net Trade

TOP NET EXPORTER (2022)China$178M
TOP NET IMPORTER (2022)France$151M

This map shows which countries export or import more of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355. Each country is colored based on the difference in exports and imports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 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, w <600mm, t<3mm myp275/t>3mm myp355 were China ($178M), Germany ($165M), Italy ($145M), Hungary ($86.2M), and Turkey ($76.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were France ($151M), Poland ($104M), Czechia ($78.7M), Austria ($54.8M), and Switzerland ($41.5M).

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, w <600mm, t<3mm myp275/t>3mm myp355.
It is possible to select the main countries that export or import Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 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, w <600mm, t<3mm myp275/t>3mm myp355 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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