Overview: This page contains the latest trade data of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes. In 2018, Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes were the world's 193rd most traded product, with a total trade of $14.8B. Between 2017 and 2018 the exports of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes grew by 20.2%, from $12.3B to $14.8B. Trade in Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes represent 0.08% of total world trade.
Exports: In 2018 the top exporters of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes were Russia ($4.62B), Brazil ($3.28B), Ukraine ($1.3B), Japan ($1.13B), and Mexico ($893M).
Imports: In 2018 the top importers of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, neswere United States ($3.12B), Mexico ($1.45B), Chinese Taipei ($1.44B), Italy ($1.25B), and Belgium-Luxembourg ($1.18B).
Tariffs: In 2018 the average tariff for Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes was 3.65%, been the 5310 lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes are Bahamas (41.8%), Bermuda (25%), Sudan (21.9%), Bangladesh (20.1%), and Tunisia (20%). The countries with the lowest tariffs are Egypt (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes ranks 1593rd in the Product Complexity Index (PCI).
Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes are the world's 193rd most traded product.
In 2018, the top exporters of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes were Russia ($4.62B), Brazil ($3.28B), Ukraine ($1.3B), Japan ($1.13B), and Mexico ($893M).
Top Destination Growth (2017 - 2018): United States, $975M
Between 2017 and 2018, the exports of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes grew the fastest in Mexico ($578M), Iran ($412M), Brazil ($309M), Russia ($261M), and Ukraine ($209M).
Between 2017 and 2018, the fastest growing importers of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes were United States ($975M), Thailand ($454M), Belgium-Luxembourg ($430M), Chinese Taipei ($390M), and Mexico ($244M).
This chart shows the evolution of the market concentration of exports of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes.
In 2018, market concentration measured using Shannon Entropy, was 3.28. This means that most of the exports of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes are explained by 9 countries.
This map shows which countries export or import more of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes. Each country is colored based on the difference in exports and imports of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes were Russia ($4.62B), Brazil ($3.23B), Ukraine ($1.3B), Japan ($980M), and Iran ($604M).
In 2018, the countries that had a largest trade value in imports than in exports of Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes were United States ($3.12B), Chinese Taipei ($1.44B), Italy ($1.24B), Belgium-Luxembourg ($1.14B), and Turkey ($1.01B).
In 2018, the average tariff for importing Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes was 3.65%. The countries with the highest tariffs for importing Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes were Bahamas (41.8%), Bermuda (25%), Sudan (21.9%), Bangladesh (20.1%), and Tunisia (20%).
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.
Semi-finished bars, iron or non-alloy steel <0.25%C, rectangular, nes
