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Hot rolled iron or non-alloy steel, width <600mm unclad, nes

721129 (Harmonized System 1992 for 6-digit)

2023
World Trade $843MRnk 2295 / 4644
2023
Top Exporter | Top Importer $283M | $70.5MGermany | France
2023
Product Complexity 0.3Rnk 2023 / 4656
2022 - 2023
Export Growth (CAGR) -16.7%Rnk 3390 / 4644
2023
Share of World Trade 0.0037%Rnk 2295 / 4644

About

Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, width <600mm unclad, nes. In 2023, Hot rolled iron or non-alloy steel, width <600mm unclad, nes were the world's 2295th most traded product, with a total trade of $843M. Between 2022 and 2023 the exports of Hot rolled iron or non-alloy steel, width <600mm unclad, nes decreased by -16.7%, from $1.01B to $843M. Trade in Hot rolled iron or non-alloy steel, width <600mm unclad, nes represent 0.0037% of total world trade.

Hot rolled iron or non-alloy steel, width <600mm unclad, nes are a part of Large Flat-Rolled Iron.

Exports In 2023 the top exporters of Hot rolled iron or non-alloy steel, width <600mm unclad, nes  were Germany ($283M), South Korea ($82.2M), Italy ($77.5M), United States ($69.8M), and China ($52.3M).

Imports In 2023 the top importers of Hot rolled iron or non-alloy steel, width <600mm unclad, nes were France ($70.5M), Thailand ($52.7M), Canada ($46M), Germany ($43.8M), and Turkey ($42.3M).

Ranking Hot rolled iron or non-alloy steel, width <600mm unclad, nes ranks 2023rd in the Product Complexity Index (PCI).

Description Hot rolled iron or non-alloy steel, width <600mm unclad, is used in a variety of applications. It is the typical material for automobile bodies, gas tanks, structural sections, truck beds, and trailer frames. It is also used in handrail, balustrades, and guardrails.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hot rolled iron or non-alloy steel, width <600mm unclad, 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)Germany$283M
Top Destination (2023)France$70.5M

In 2023 Hot rolled iron or non-alloy steel, width <600mm unclad, nes were the world's 2295th most traded product (out of 4,644).

In 2023, the top exporters of Hot rolled iron or non-alloy steel, width <600mm unclad, nes were Germany ($283M), South Korea ($82.2M), Italy ($77.5M), United States ($69.8M), and China ($52.3M).

In 2023, the top importers of Hot rolled iron or non-alloy steel, width <600mm unclad, nes were France ($70.5M), Thailand ($52.7M), Canada ($46M), Germany ($43.8M), and Turkey ($42.3M).

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Exporters of Hot rolled iron or non-alloy steel, width <600mm unclad, nes (2023)
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Importers of Hot rolled iron or non-alloy steel, width <600mm unclad, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$741k
Top Destination Growth (2022 -  2023)Estonia$3.12M

Between 2022 and 2023, the exports of Hot rolled iron or non-alloy steel, width <600mm unclad, nes grew the fastest in Mexico ($741k), France ($688k), El Salvador ($664k), Hong Kong ($645k), and Costa Rica ($427k).

Between 2022 and 2023, the fastest growing importers of Hot rolled iron or non-alloy steel, width <600mm unclad, nes were Estonia ($3.12M), Austria ($3.06M), Poland ($2.11M), Guatemala ($1.97M), and Ghana ($1.52M).

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Exporters of Hot rolled iron or non-alloy steel, width <600mm unclad, nes (2022 - 2023)

Importers of Hot rolled iron or non-alloy steel, width <600mm unclad, 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, width <600mm unclad, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.62. This means that most of the exports of Hot rolled iron or non-alloy steel, width <600mm unclad, nes are explained by 12 countries.

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Value of Exports in Hot rolled iron or non-alloy steel, width <600mm unclad, nes

Net Trade

TOP NET EXPORTER (2023)Germany$239M
TOP NET IMPORTER (2023)Thailand$52.1M

This map shows which countries export or import more of Hot rolled iron or non-alloy steel, width <600mm unclad, nes. Each country is colored based on the difference in exports and imports of Hot rolled iron or non-alloy steel, width <600mm unclad, 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, width <600mm unclad, nes were Germany ($239M), South Korea ($78.2M), United States ($42.6M), Italy ($39M), and Chinese Taipei ($36.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Hot rolled iron or non-alloy steel, width <600mm unclad, nes were Thailand ($52.1M), France ($47.7M), Canada ($45.7M), Czechia ($35.2M), and Turkey ($34M).

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