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721631 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.06BRnk 1460 / 4648
2022
Top Exporter | Top Importer $360M | $170MChina | Philippines
2022
Product Complexity -0.56Rnk 3290 / 4653
2021 - 2022
Export Growth (CAGR) 15.2%Rnk 1100 / 4648
2022
Share of World Trade 0.0087%Rnk 1460 / 4648

About

Overview This page contains the latest trade data of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m. In 2022, Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were the world's 1460th most traded product, with a total trade of $2.06B. Between 2021 and 2022 the exports of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m grew by 15.2%, from $1.79B to $2.06B. Trade in Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m represent 0.0087% 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 2022 the top exporters of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m  were China ($360M), Turkey ($263M), Spain ($235M), Germany ($198M), and Poland ($138M).

Imports In 2022 the top importers of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Philippines ($170M), United States ($117M), Germany ($108M), France ($94.1M), and United Arab Emirates ($80.2M).

Ranking Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m ranks 3290th 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

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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.

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Historical Data

Exporters and Importers

Top Origin (2022)China$360M
Top Destination (2022)Philippines$170M

In 2022 Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were the world's 1460th most traded product (out of 4,648).

In 2022, the top exporters of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were China ($360M), Turkey ($263M), Spain ($235M), Germany ($198M), and Poland ($138M).

In 2022, the top importers of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Philippines ($170M), United States ($117M), Germany ($108M), France ($94.1M), and United Arab Emirates ($80.2M).

Explore Visualizations

Exporters of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2022)
[Click to Select a Country]

Importers of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$242M
Top Destination Growth (2021 -  2022)Philippines$143M

Between 2021 and 2022, the exports of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m grew the fastest in China ($242M), Turkey ($54.2M), Mexico ($30.5M), Germany ($24.9M), and Canada ($23.9M).

Between 2021 and 2022, the fastest growing importers of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Philippines ($143M), United States ($51M), United Arab Emirates ($39.6M), Malaysia ($27.3M), and France ($14.5M).

Explore Visualizations

Exporters of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2021 - 2022)

Importers of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2021 - 2022)

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 2022, market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of Sections, U, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m are explained by 19 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 (2022)China$346M
TOP NET IMPORTER (2022)Philippines$170M

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 2022.

In 2022, 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 China ($346M), Turkey ($246M), Spain ($229M), Germany ($90.7M), and Poland ($79.9M).

In 2022, 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 Philippines ($170M), Netherlands ($70.2M), France ($69.2M), Malaysia ($63.6M), and United Arab Emirates ($55.4M).

Net Trade (2022)

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 (2022)

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