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

721911 (Harmonized System 1992 for 6-digit)

World Trade (2018): $242M, Rnk 3514 / 4726

Top Exporter (2018): $85.4M, China

Top Importer (2018): $44M, South Korea

Export Growth (CAGR)(2017 - 2018): -25.1%, Rnk 4582 / 4726

Mean Tariff (2018): 4.73%, Rnk 4352 / 6538

Share of World Trade (2018): 0.0013%, Rnk 3514 / 4726

Overview:  This page contains the latest trade data of Hot rolled stainless steel coil, w >600mm, t >10mm. In 2018, Hot rolled stainless steel coil, w >600mm, t >10mm were the world's 3514th most traded product, with a total trade of $242M. Between 2017 and 2018 the exports of Hot rolled stainless steel coil, w >600mm, t >10mm decreased by -25.1%, from  $323M to $242M. Trade in Hot rolled stainless steel coil, w >600mm, t >10mm represent 0.0013% of total world trade.

Exports: In 2018 the top exporters of Hot rolled stainless steel coil, w >600mm, t >10mm  were China ($85.4M), Belgium-Luxembourg ($46.3M), South Korea ($21.3M), Sweden ($18.8M), and South Africa ($12.9M).

Imports: In 2018 the top importers of Hot rolled stainless steel coil, w >600mm, t >10mm were South Korea ($44M), Chinese Taipei ($35.7M), Italy ($27.7M), Germany ($26.4M), and Malaysia ($14.1M).

Tariffs: In 2018 the average tariff for Hot rolled stainless steel coil, w >600mm, t >10mm was 4.73%, been the 4352 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Hot rolled stainless steel coil, w >600mm, t >10mm 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%).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $85.4M

Top Destination (2018): South Korea, $44M

Hot rolled stainless steel coil, w >600mm, t >10mm are the world's 3514th most traded product.

In 2018, the top exporters of Hot rolled stainless steel coil, w >600mm, t >10mm were China ($85.4M), Belgium-Luxembourg ($46.3M), South Korea ($21.3M), Sweden ($18.8M), and South Africa ($12.9M).

In 2018, the top importers of Hot rolled stainless steel coil, w >600mm, t >10mm were South Korea ($44M), Chinese Taipei ($35.7M), Italy ($27.7M), Germany ($26.4M), and Malaysia ($14.1M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Sweden, $4.19M

Top Destination Growth (2017 - 2018): Italy, $8.28M

Between 2017 and 2018, the exports of Hot rolled stainless steel coil, w >600mm, t >10mm grew the fastest in Sweden ($4.19M), South Korea ($4.02M), Slovenia ($3.48M), Netherlands ($915k), and Malaysia ($619k).

Between 2017 and 2018, the fastest growing importers of Hot rolled stainless steel coil, w >600mm, t >10mm were Italy ($8.28M), Chinese Taipei ($7.09M), Canada ($2.6M), Qatar ($2.45M), and Vietnam ($2.21M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 3.31. This means that most of the exports of Hot rolled stainless steel coil, w >600mm, t >10mm are explained by 9 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $72.5M

TOP NET IMPORTER (2018): Chinese Taipei, $28.2M

This map shows which countries export or import more of Hot rolled stainless steel coil, w >600mm, t >10mm. Each country is colored based on the difference in exports and imports of Hot rolled stainless steel coil, w >600mm, t >10mm 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 >10mm were China ($72.5M), Belgium-Luxembourg ($44.6M), Sweden ($18.5M), South Africa ($12.7M), and France ($6.32M).

In 2018, the countries that had a largest trade value in imports than in exports of Hot rolled stainless steel coil, w >600mm, t >10mm were Chinese Taipei ($28.2M), Italy ($24.7M), Germany ($24.5M), South Korea ($22.8M), and Malaysia ($12.5M).

Trade Forecasts

#permalink to section

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

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Hot rolled stainless steel coil, w >600mm, t >10mm was 4.73%.  The countries with the highest tariffs for importing Hot rolled stainless steel coil, w >600mm, t >10mm were Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Cameroon (19.6%), and Gabon (19.6%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.