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

721129 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.05BRnk 2132 / 4648
2022
Top Exporter | Top Importer $336M | $72.9MGermany | France
2022
Product Complexity 0.34Rnk 1927 / 4653
2021 - 2022
Export Growth (CAGR) 7.36%Rnk 1917 / 4648
2022
Share of World Trade 0.0044%Rnk 2132 / 4648

About

Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, width <600mm unclad, nes. In 2022, Hot rolled iron or non-alloy steel, width <600mm unclad, nes were the world's 2132nd most traded product, with a total trade of $1.05B. Between 2021 and 2022 the exports of Hot rolled iron or non-alloy steel, width <600mm unclad, nes grew by 7.36%, from $981M to $1.05B. Trade in Hot rolled iron or non-alloy steel, width <600mm unclad, nes represent 0.0044% 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 2022 the top exporters of Hot rolled iron or non-alloy steel, width <600mm unclad, nes  were Germany ($336M), South Korea ($109M), Italy ($98M), United States ($86.4M), and China ($77M).

Imports In 2022 the top importers of Hot rolled iron or non-alloy steel, width <600mm unclad, nes were France ($72.9M), Germany ($59.8M), Italy ($56.1M), Canada ($55.7M), and United States ($49M).

Ranking Hot rolled iron or non-alloy steel, width <600mm unclad, nes ranks 1927th 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 (2022)Germany$336M
Top Destination (2022)France$72.9M

In 2022 Hot rolled iron or non-alloy steel, width <600mm unclad, nes were the world's 2132nd most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled iron or non-alloy steel, width <600mm unclad, nes were Germany ($336M), South Korea ($109M), Italy ($98M), United States ($86.4M), and China ($77M).

In 2022, the top importers of Hot rolled iron or non-alloy steel, width <600mm unclad, nes were France ($72.9M), Germany ($59.8M), Italy ($56.1M), Canada ($55.7M), and United States ($49M).

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

Color
Top Origin Growth (2021 -  2022)Germany$26.4M
Top Destination Growth (2021 -  2022)United States$16.1M

Between 2021 and 2022, the exports of Hot rolled iron or non-alloy steel, width <600mm unclad, nes grew the fastest in Germany ($26.4M), United States ($16.2M), China ($10.4M), Netherlands ($9.38M), and Austria ($7.77M).

Between 2021 and 2022, the fastest growing importers of Hot rolled iron or non-alloy steel, width <600mm unclad, nes were United States ($16.1M), Germany ($15.8M), Canada ($14.5M), Japan ($7.97M), and Switzerland ($7.27M).

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

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

In 2022, market concentration measured using Shannon Entropy, was 3.69. 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 (2022)Germany$276M
TOP NET IMPORTER (2022)Canada$54.5M

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 2022.

In 2022, 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 ($276M), South Korea ($104M), Italy ($41.9M), Chinese Taipei ($39.1M), and United States ($37.4M).

In 2022, 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 Canada ($54.5M), France ($50.7M), Thailand ($45.9M), Mexico ($39.2M), and Vietnam ($29.6M).

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, 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 (2022)

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