HS Icon 600mm, t <3mm onClick=titleClick(0)>Hot rolled stainless steel coil, w >600mm, t <3mm

721914 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2B, Rnk 1323 / 4726

Top Exporter (2018): $552M, Indonesia

Top Importer (2018): $429M, France

Export Growth (CAGR)(2017 - 2018): 31.3%, Rnk 752 / 4726

Mean Tariff (2018): 4.62%, Rnk 4435 / 6538

Share of World Trade (2018): 0.011%, Rnk 1323 / 4726

Overview:  This page contains the latest trade data of Hot rolled stainless steel coil, w >600mm, t <3mm. In 2018, Hot rolled stainless steel coil, w >600mm, t <3mm were the world's 1323rd most traded product, with a total trade of $2B. Between 2017 and 2018 the exports of Hot rolled stainless steel coil, w >600mm, t <3mm grew by 31.3%, from  $1.53B to $2B. Trade in Hot rolled stainless steel coil, w >600mm, t <3mm represent 0.011% of total world trade.

Exports: In 2018 the top exporters of Hot rolled stainless steel coil, w >600mm, t <3mm  were Indonesia ($552M), Belgium-Luxembourg ($482M), China ($356M), Finland ($199M), and Chinese Taipei ($75M).

Imports: In 2018 the top importers of Hot rolled stainless steel coil, w >600mm, t <3mm were France ($429M), China ($345M), Chinese Taipei ($294M), Germany ($240M), and Italy ($173M).

Tariffs: In 2018 the average tariff for Hot rolled stainless steel coil, w >600mm, t <3mm was 4.62%, been the 4435 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Hot rolled stainless steel coil, w >600mm, t <3mm 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

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Trade By Country

Top Origin (2018): Indonesia, $552M

Top Destination (2018): France, $429M

Hot rolled stainless steel coil, w >600mm, t <3mm are the world's 1323rd most traded product.

In 2018, the top exporters of Hot rolled stainless steel coil, w >600mm, t <3mm were Indonesia ($552M), Belgium-Luxembourg ($482M), China ($356M), Finland ($199M), and Chinese Taipei ($75M).

In 2018, the top importers of Hot rolled stainless steel coil, w >600mm, t <3mm were France ($429M), China ($345M), Chinese Taipei ($294M), Germany ($240M), and Italy ($173M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Indonesia, $383M

Top Destination Growth (2017 - 2018): China, $187M

Between 2017 and 2018, the exports of Hot rolled stainless steel coil, w >600mm, t <3mm grew the fastest in Indonesia ($383M), Belgium-Luxembourg ($87.3M), Finland ($36.7M), Chinese Taipei ($16.3M), and Italy ($12.4M).

Between 2017 and 2018, the fastest growing importers of Hot rolled stainless steel coil, w >600mm, t <3mm were China ($187M), Chinese Taipei ($83.7M), France ($72.5M), Italy ($41.5M), and India ($27.1M).

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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 <3mm.

In 2018,  market concentration measured using Shannon Entropy, was 2.99. This means that most of the exports of Hot rolled stainless steel coil, w >600mm, t <3mm are explained by 7 countries.

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TOP NET EXPORTER (2018): Indonesia, $499M

TOP NET IMPORTER (2018): France, $418M

This map shows which countries export or import more of Hot rolled stainless steel coil, w >600mm, t <3mm. Each country is colored based on the difference in exports and imports of Hot rolled stainless steel coil, w >600mm, t <3mm 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 <3mm were Indonesia ($499M), Belgium-Luxembourg ($471M), Finland ($188M), United States ($52.5M), and Sweden ($40M).

In 2018, the countries that had a largest trade value in imports than in exports of Hot rolled stainless steel coil, w >600mm, t <3mm were France ($418M), Germany ($235M), Chinese Taipei ($219M), Italy ($99.4M), and Romania ($56.4M).

Trade Forecasts

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This section shows forecasts for total trade for Hot rolled stainless steel coil, w >600mm, t <3mm. 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 <3mm was 4.62%.  The countries with the highest tariffs for importing Hot rolled stainless steel coil, w >600mm, t <3mm 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.