Metal-Rolling Mills8455 (Harmonized System 1992 for 4-digit)
2020 World Trade: $4.69B, Rnk 502 / 1217
2020 Top Exporter | Top Importer: $1.05B | $625M, China | United States
2020 Product Complexity: 1.15, Rnk 130 / 1028
2019 - 2020 Export Growth (CAGR): -17%, Rnk 954 / 1217
2018 Mean Tariff: 4.14%, Rnk 975 / 1259
2020 Share of World Trade: 0.028%, Rnk 502 / 1217
Overview This page contains the latest trade data of Metal-Rolling Mills. In 2020, Metal-Rolling Mills were the world's 502nd most traded product, with a total trade of $4.69B. Between 2019 and 2020 the exports of Metal-Rolling Mills decreased by -17%, from $5.65B to $4.69B. Trade in Metal-Rolling Mills represent 0.028% of total world trade.
Metal-Rolling Mills are a part of Machinery, mechanical appliances, & parts. They include Parts of metal rolling mills and rolls, Rolls for metal rolling mills, Hot, or combination hot-cold metal rolling mills, Cold metal rolling mills, and Tube mills, metal rolling.
Exports In 2020 the top exporters of Metal-Rolling Mills were China ($1.05B), Italy ($734M), Germany ($665M), Japan ($333M), and South Korea ($228M).
Imports In 2020 the top importers of Metal-Rolling Mills were United States ($625M), China ($475M), India ($349M), Russia ($308M), and South Korea ($190M).
Tariffs In 2018 the average tariff for Metal-Rolling Mills was 4.14%, making it the 975th lowest tariff using the HS4 product classification.
Ranking Metal-Rolling Mills ranks 130th in the Product Complexity Index (PCI).
Description Metal-rolling mills are used to roll metal into sheets, tubes, and other shapes. The rolls are usually made of steel or aluminum.
The following visualization shows the latest trends on Metal-Rolling Mills. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): China, $1.05B
Top Destination (2020): United States, $625M
Metal-Rolling Mills are the world's 502nd most traded product.
In 2020, the top exporters of Metal-Rolling Mills were China ($1.05B), Italy ($734M), Germany ($665M), Japan ($333M), and South Korea ($228M).
In 2020, the top importers of Metal-Rolling Mills were United States ($625M), China ($475M), India ($349M), Russia ($308M), and South Korea ($190M).
Trade by country
Between 2019 and 2020, the exports of Metal-Rolling Mills grew the fastest in Poland ($40M), Thailand ($32.3M), France ($13.5M), Turkey ($8.61M), and Bosnia and Herzegovina ($4.93M).
Between 2019 and 2020, the fastest growing importers of Metal-Rolling Mills were Russia ($106M), Thailand ($70.8M), South Korea ($45.7M), China ($27.5M), and Spain ($18M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Metal-Rolling Mills.
In 2020, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Metal-Rolling Mills are explained by 15 countries.
TOP NET EXPORTER (2020): Italy, $611M
TOP NET IMPORTER (2020): United States, $409M
This map shows which countries export or import more of Metal-Rolling Mills. Each country is colored based on the difference in exports and imports of Metal-Rolling Mills during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Metal-Rolling Mills were Italy ($611M), China ($579M), Germany ($483M), Japan ($252M), and Slovenia ($84.8M).
In 2020, the countries that had a largest trade value in imports than in exports of Metal-Rolling Mills were United States ($409M), Russia ($280M), India ($214M), Mexico ($161M), and Thailand ($96.4M).
In 2020, the world most traded Metal-Rolling Mills, disaggragated by their HS6 level were Parts of metal rolling mills and... ($1.76B), Rolls for metal rolling mills ($1.75B), Hot, or combination hot-cold metal rolling... ($578M), Cold metal rolling mills ($400M), and Tube mills, metal rolling ($211M)
This visualization shows the countries that have an important ratio of their trade related to Metal-Rolling Mills. It is possible to select the main countries that export or import Metal-Rolling Mills in the world, or by continent, as well as select the measure of interest.
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.
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