HS Icon 600mm, t 4.75-10m onClick=titleClick(0)>Hot rolled stainless steel coil, w >600mm, t 4.75-10m

721912 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.86B, Rnk 1054 / 4726

Top Exporter (2018): $743M, China

Top Importer (2018): $399M, Chinese Taipei

Product Complexity (2018): 0.61, Rnk 1450 / 4873

Export Growth (CAGR)(2017 - 2018): 8.77%, Rnk 2843 / 4726

Mean Tariff (2018): 4.62%, Rnk 4438 / 6538

Share of World Trade (2018): 0.016%, Rnk 1054 / 4726

Overview:  This page contains the latest trade data of Hot rolled stainless steel coil, w >600mm, t 4.75-10m. In 2018, Hot rolled stainless steel coil, w >600mm, t 4.75-10m were the world's 1054th most traded product, with a total trade of $2.86B. Between 2017 and 2018 the exports of Hot rolled stainless steel coil, w >600mm, t 4.75-10m grew by 8.77%, from  $2.63B to $2.86B. Trade in Hot rolled stainless steel coil, w >600mm, t 4.75-10m represent 0.016% of total world trade.

Exports: In 2018 the top exporters of Hot rolled stainless steel coil, w >600mm, t 4.75-10m  were China ($743M), Belgium-Luxembourg ($493M), Indonesia ($307M), South Korea ($268M), and Sweden ($245M).

Imports: In 2018 the top importers of Hot rolled stainless steel coil, w >600mm, t 4.75-10m were Chinese Taipei ($399M), Germany ($391M), Italy ($313M), Malaysia ($262M), and France ($255M).

Tariffs: In 2018 the average tariff for Hot rolled stainless steel coil, w >600mm, t 4.75-10m was 4.62%, been the 4438 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Hot rolled stainless steel coil, w >600mm, t 4.75-10m are Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Cameroon (19.6%), and Gabon (19.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Hot rolled stainless steel coil, w >600mm, t 4.75-10m ranks 1450th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $743M

Top Destination (2018): Chinese Taipei, $399M

Hot rolled stainless steel coil, w >600mm, t 4.75-10m are the world's 1054th most traded product.

In 2018, the top exporters of Hot rolled stainless steel coil, w >600mm, t 4.75-10m were China ($743M), Belgium-Luxembourg ($493M), Indonesia ($307M), South Korea ($268M), and Sweden ($245M).

In 2018, the top importers of Hot rolled stainless steel coil, w >600mm, t 4.75-10m were Chinese Taipei ($399M), Germany ($391M), Italy ($313M), Malaysia ($262M), and France ($255M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Indonesia, $198M

Top Destination Growth (2017 - 2018): Malaysia, $102M

Between 2017 and 2018, the exports of Hot rolled stainless steel coil, w >600mm, t 4.75-10m grew the fastest in Indonesia ($198M), Belgium-Luxembourg ($77.9M), South Korea ($63M), Spain ($39.7M), and Finland ($39.4M).

Between 2017 and 2018, the fastest growing importers of Hot rolled stainless steel coil, w >600mm, t 4.75-10m were Malaysia ($102M), Germany ($44.6M), Vietnam ($34M), South Korea ($30.6M), and India ($30.3M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Hot rolled stainless steel coil, w >600mm, t 4.75-10m.

In 2018,  market concentration measured using Shannon Entropy, was 3.35. This means that most of the exports of Hot rolled stainless steel coil, w >600mm, t 4.75-10m are explained by 10 countries.

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TOP NET EXPORTER (2018): China, $521M

TOP NET IMPORTER (2018): Germany, $388M

This map shows which countries export or import more of Hot rolled stainless steel coil, w >600mm, t 4.75-10m. Each country is colored based on the difference in exports and imports of Hot rolled stainless steel coil, w >600mm, t 4.75-10m during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Hot rolled stainless steel coil, w >600mm, t 4.75-10m were China ($521M), Belgium-Luxembourg ($465M), Indonesia ($290M), Sweden ($244M), and Finland ($204M).

In 2018, the countries that had a largest trade value in imports than in exports of Hot rolled stainless steel coil, w >600mm, t 4.75-10m were Germany ($388M), Chinese Taipei ($343M), Italy ($285M), Malaysia ($244M), and France ($226M).

Trade Forecasts

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This section shows forecasts for total trade for Hot rolled stainless steel coil, w >600mm, t 4.75-10m. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Hot rolled stainless steel coil, w >600mm, t 4.75-10m was 4.62%.  The countries with the highest tariffs for importing Hot rolled stainless steel coil, w >600mm, t 4.75-10m were Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Cameroon (19.6%), and Gabon (19.6%).

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Product Complexity

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Diversification Frontier

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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.