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720720 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.19BRnk 739 / 4648
2022
Top Exporter | Top Importer $922M | $978MRussia | Philippines
2022
Product Complexity -0.66Rnk 3421 / 4653
2021 - 2022
Export Growth (CAGR) -8.05%Rnk 3824 / 4648
2022
Share of World Trade 0.022%Rnk 739 / 4648

About

Overview This page contains the latest trade data of Semi-finished product, iron or non-alloy steel >0.25%C. In 2022, Semi-finished product, iron or non-alloy steel >0.25%C were the world's 739th most traded product, with a total trade of $5.19B. Between 2021 and 2022 the exports of Semi-finished product, iron or non-alloy steel >0.25%C decreased by -8.05%, from $5.65B to $5.19B. Trade in Semi-finished product, iron or non-alloy steel >0.25%C represent 0.022% of total world trade.

Semi-finished product, iron or non-alloy steel >0.25%C are a part of Semi-Finished Iron.

Exports In 2022 the top exporters of Semi-finished product, iron or non-alloy steel >0.25%C  were Russia ($922M), Brazil ($533M), Indonesia ($436M), Japan ($387M), and Malaysia ($265M).

Imports In 2022 the top importers of Semi-finished product, iron or non-alloy steel >0.25%C were Philippines ($978M), Chinese Taipei ($596M), Dominican Republic ($517M), Indonesia ($427M), and United States ($231M).

Ranking Semi-finished product, iron or non-alloy steel >0.25%C ranks 3421st in the Product Complexity Index (PCI).

Description Semi-finished products are used for the production of a number of other products. Iron and non-alloy steel are used in the production of a number of other products.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Semi-finished product, iron or non-alloy steel >0.25%C. 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)Russia$922M
Top Destination (2022)Philippines$978M

In 2022 Semi-finished product, iron or non-alloy steel >0.25%C were the world's 739th most traded product (out of 4,648).

In 2022, the top exporters of Semi-finished product, iron or non-alloy steel >0.25%C were Russia ($922M), Brazil ($533M), Indonesia ($436M), Japan ($387M), and Malaysia ($265M).

In 2022, the top importers of Semi-finished product, iron or non-alloy steel >0.25%C were Philippines ($978M), Chinese Taipei ($596M), Dominican Republic ($517M), Indonesia ($427M), and United States ($231M).

Explore Visualizations

Exporters of Semi-finished product, iron or non-alloy steel >0.25%C (2022)
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Importers of Semi-finished product, iron or non-alloy steel >0.25%C (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$425M
Top Destination Growth (2021 -  2022)Philippines$178M

Between 2021 and 2022, the exports of Semi-finished product, iron or non-alloy steel >0.25%C grew the fastest in Brazil ($425M), Indonesia ($313M), Malaysia ($197M), Mexico ($148M), and Germany ($112M).

Between 2021 and 2022, the fastest growing importers of Semi-finished product, iron or non-alloy steel >0.25%C were Philippines ($178M), United States ($142M), Dominican Republic ($103M), Kazakhstan ($68.2M), and Chinese Taipei ($64.7M).

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Exporters of Semi-finished product, iron or non-alloy steel >0.25%C (2021 - 2022)

Importers of Semi-finished product, iron or non-alloy steel >0.25%C (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Semi-finished product, iron or non-alloy steel >0.25%C.

In 2022, market concentration measured using Shannon Entropy, was 4.47. This means that most of the exports of Semi-finished product, iron or non-alloy steel >0.25%C are explained by 22 countries.

Explore Visualizations

Value of Exports in Semi-finished product, iron or non-alloy steel >0.25%C

Net Trade

TOP NET EXPORTER (2022)Russia$921M
TOP NET IMPORTER (2022)Philippines$978M

This map shows which countries export or import more of Semi-finished product, iron or non-alloy steel >0.25%C. Each country is colored based on the difference in exports and imports of Semi-finished product, iron or non-alloy steel >0.25%C during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Semi-finished product, iron or non-alloy steel >0.25%C were Russia ($921M), Brazil ($505M), Japan ($376M), Malaysia ($260M), and Vietnam ($239M).

In 2022, the countries that had a largest trade value in imports than in exports of Semi-finished product, iron or non-alloy steel >0.25%C were Philippines ($978M), Chinese Taipei ($595M), United States ($193M), South Korea ($159M), and Peru ($144M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Semi-finished product, iron or non-alloy steel >0.25%C.
It is possible to select the main countries that export or import Semi-finished product, iron or non-alloy steel >0.25%C in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Semi-finished product, iron or non-alloy steel >0.25%C 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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