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721114 (Harmonized System 1996 for 6-digit)

2022
World Trade $804MRnk 2495 / 4769
2022
Top Exporter | Top Importer $175M | $167MGermany | United States
2022
Product Complexity 0.65Rnk 1403 / 4776
2021 - 2022
Export Growth (CAGR) 18.3%Rnk 929 / 4769
2022
Share of World Trade 0.0034%Rnk 2495 / 4769

About

Overview This page contains the latest trade data of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick. In 2022, Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were the world's 2495th most traded product, with a total trade of $804M. Between 2021 and 2022 the exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick grew by 18.3%, from $680M to $804M. Trade in Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick represent 0.0034% of total world trade.

Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick are a part of Iron or non-alloy steel; flat-rolled products, width less than 600mm, not clad,....

Exports In 2022 the top exporters of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick  were Germany ($175M), Canada ($170M), United States ($84.3M), Austria ($56.2M), and Italy ($43.6M).

Imports In 2022 the top importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were United States ($167M), Germany ($77.9M), Switzerland ($59M), Mexico ($49.5M), and Canada ($43.5M).

Ranking Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick ranks 1403rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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$175M
Top Destination (2022)United States$167M

In 2022 Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were the world's 2495th most traded product (out of 4,769).

In 2022, the top exporters of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were Germany ($175M), Canada ($170M), United States ($84.3M), Austria ($56.2M), and Italy ($43.6M).

In 2022, the top importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were United States ($167M), Germany ($77.9M), Switzerland ($59M), Mexico ($49.5M), and Canada ($43.5M).

Explore Visualizations

Exporters of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick (2022)
[Click to Select a Country]

Importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$68.7M
Top Destination Growth (2021 -  2022)United States$63.8M

Between 2021 and 2022, the exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick grew the fastest in Canada ($68.7M), Germany ($28M), China ($16.6M), United States ($15.9M), and Austria ($11.6M).

Between 2021 and 2022, the fastest growing importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were United States ($63.8M), Spain ($15.6M), Mexico ($11.4M), Canada ($11M), and Switzerland ($9.35M).

Explore Visualizations

Exporters of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick (2021 - 2022)

Importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick.

In 2022, market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick are explained by 13 countries.

Explore Visualizations

Value of Exports in Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick

Net Trade

TOP NET EXPORTER (2022)Canada$127M
TOP NET IMPORTER (2022)United States$82.5M

This map shows which countries export or import more of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick. Each country is colored based on the difference in exports and imports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were Canada ($127M), Germany ($97M), China ($34.4M), Austria ($26.5M), and Slovakia ($25.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were United States ($82.5M), Switzerland ($57.5M), Mexico ($46.5M), Spain ($23.2M), and Poland ($22.3M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick.
It is possible to select the main countries that export or import Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick 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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