HS Icon Metal-Rolling Mills

8455 (Harmonized System 1992 for 4-digit)

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.

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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.

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Historical Data

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Exporters and Importers

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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).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Poland, $40M

Top Destination Growth (2019 - 2020): Russia, $106M

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).

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Market Concentration

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Cumulative market share

Value

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.

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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).

Disaggregation

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Value

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)

Country Comparison

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Measure
Ranking

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.

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Metal-Rolling Mills to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.