NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

721631 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.68BRnk 1587 / 4644
2023
Top Exporter | Top Importer $227M | $98.2MTurkey | United States
2023
Product Complexity -0.3Rnk 2972 / 4656
2022 - 2023
Export Growth (CAGR) -14%Rnk 3143 / 4644
2023
Share of World Trade 0.0074%Rnk 1587 / 4644

About

Overview This page contains the latest trade data of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m. In 2023, Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were the world's 1587th most traded product, with a total trade of $1.68B. Between 2022 and 2023 the exports of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m decreased by -14%, from $1.95B to $1.68B. Trade in Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m represent 0.0074% of total world trade.

Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m are a part of Iron Blocks.

Exports In 2023 the top exporters of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m  were Turkey ($227M), China ($222M), Spain ($188M), Germany ($181M), and Poland ($111M).

Imports In 2023 the top importers of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were United States ($98.2M), United Arab Emirates ($97.7M), France ($73.4M), South Korea ($68.9M), and Germany ($64.3M).

Ranking Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m ranks 2972nd in the Product Complexity Index (PCI).

Description Sections can be used for structural purposes or as reinforcement bars. Iron or non-alloy steel is a metal that can be used for structural purposes. Hot-rolled steel is made from metal that has been heated and stretched to remove impurities and oxygen. Drawn steel is made from metal that has been heated and drawn through a die to remove impurities and oxygen. Extruded steel is made from metal that has been heated and pushed through a die with a predetermined shape.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m. 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)Turkey$227M
Top Destination (2023)United States$98.2M

In 2023 Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were the world's 1587th most traded product (out of 4,644).

In 2023, the top exporters of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Turkey ($227M), China ($222M), Spain ($188M), Germany ($181M), and Poland ($111M).

In 2023, the top importers of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were United States ($98.2M), United Arab Emirates ($97.7M), France ($73.4M), South Korea ($68.9M), and Germany ($64.3M).

Explore Visualizations

Exporters of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2023)
[Click to Select a Country]

Importers of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$31.7M
Top Destination Growth (2022 -  2023)Algeria$24.4M

Between 2022 and 2023, the exports of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m grew the fastest in China ($31.7M), Japan ($13.9M), Singapore ($4.76M), Russia ($4.52M), and Romania ($3.49M).

Between 2022 and 2023, the fastest growing importers of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Algeria ($24.4M), South Korea ($21.5M), Uzbekistan ($13.3M), Brazil ($10.7M), and Philippines ($8.75M).

Explore Visualizations

Exporters of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2022 - 2023)

Importers of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m.

In 2023, market concentration measured using Shannon Entropy, was 4.34. This means that most of the exports of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m are explained by 20 countries.

Explore Visualizations

Value of Exports in Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m

Net Trade

TOP NET EXPORTER (2023)Turkey$214M
TOP NET IMPORTER (2023)United Arab Emirates$79.6M

This map shows which countries export or import more of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m. Each country is colored based on the difference in exports and imports of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Turkey ($214M), China ($207M), Spain ($182M), Germany ($117M), and Japan ($87.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were United Arab Emirates ($79.6M), Malaysia ($60.5M), France ($59.2M), Netherlands ($54.8M), and South Korea ($47.6M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m.
It is possible to select the main countries that export or import Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms