HS Icon 600mm, t >3mm, nes onClick=titleClick(0)>Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes

720921 (Harmonized System 1992 for 6-digit)

World Trade (2018): $310M, Rnk 3261 / 4726

Top Exporter (2018): $49.3M, Italy

Top Importer (2018): $52.8M, Germany

Export Growth (CAGR)(2017 - 2018): -21.7%, Rnk 4540 / 4726

Mean Tariff (2018): 3.9%, Rnk 5074 / 6538

Share of World Trade (2018): 0.0017%, Rnk 3261 / 4726

Overview:  This page contains the latest trade data of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes. In 2018, Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes were the world's 3261st most traded product, with a total trade of $310M. Between 2017 and 2018 the exports of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes decreased by -21.7%, from  $396M to $310M. Trade in Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes represent 0.0017% of total world trade.

Exports: In 2018 the top exporters of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes  were Italy ($49.3M), Belgium-Luxembourg ($30.2M), Germany ($29.6M), Poland ($21.6M), and South Korea ($19.5M).

Imports: In 2018 the top importers of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes were Germany ($52.8M), Poland ($27.9M), France ($15.1M), Czechia ($14M), and Belgium-Luxembourg ($12.7M).

Tariffs: In 2018 the average tariff for Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes was 3.9%, been the 5074 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes are Austria (5.59%), Sweden (5%), and Finland (1.4%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Italy, $49.3M

Top Destination (2018): Germany, $52.8M

Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes are the world's 3261st most traded product.

In 2018, the top exporters of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes were Italy ($49.3M), Belgium-Luxembourg ($30.2M), Germany ($29.6M), Poland ($21.6M), and South Korea ($19.5M).

In 2018, the top importers of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes were Germany ($52.8M), Poland ($27.9M), France ($15.1M), Czechia ($14M), and Belgium-Luxembourg ($12.7M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $20.2M

Top Destination Growth (2017 - 2018): Germany, $22.2M

Between 2017 and 2018, the exports of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes grew the fastest in Italy ($20.2M), Poland ($14.7M), South Korea ($5.99M), Hungary ($3.38M), and Saudi Arabia ($3.32M).

Between 2017 and 2018, the fastest growing importers of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes were Germany ($22.2M), Poland ($6.66M), Czechia ($6.17M), United Kingdom ($2.6M), and Zambia ($2.59M).

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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 Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes.

In 2018,  market concentration measured using Shannon Entropy, was 4.53. This means that most of the exports of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes are explained by 23 countries.

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TOP NET EXPORTER (2018): Italy, $38.3M

TOP NET IMPORTER (2018): Germany, $23.2M

This map shows which countries export or import more of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes. Each country is colored based on the difference in exports and imports of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes were Italy ($38.3M), South Korea ($18.7M), Belgium-Luxembourg ($17.6M), Chinese Taipei ($12.3M), and India ($10M).

In 2018, the countries that had a largest trade value in imports than in exports of Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes were Germany ($23.2M), Czechia ($11.9M), France ($11M), Poland ($6.32M), and Spain ($5.81M).

Trade Forecasts

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This section shows forecasts for total trade for Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes. 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 Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes was 3.9%.  The countries with the highest tariffs for importing Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes were Austria (5.59%), Sweden (5%), and Finland (1.4%).

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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.