Overview: This page contains the latest trade data of Semi-Finished Iron. In 2019, Semi-Finished Iron were the world's 146th most traded product, with a total trade of $25.8B. Between 2018 and 2019 the exports of Semi-Finished Iron decreased by -23.1%, from $33.6B to $25.8B. Trade in Semi-Finished Iron represent 0.14% of total world trade.
Exports: In 2019 the top exporters of Semi-Finished Iron were Russia ($6.99B), Brazil ($3.2B), Ukraine ($2.55B), Japan ($1.4B), and India ($1.26B).
Imports: In 2019 the top importers of Semi-Finished Iron were United States ($2.79B), Chinese Taipei ($2.22B), Italy ($1.81B), Indonesia ($1.7B), and Egypt ($1.62B).
Tariffs: In 2018 the average tariff for Semi-Finished Iron was 3.57%, making it the 1069th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Semi-Finished Iron are Bahamas (41.8%), Bermuda (25%), Sudan (21.9%), Tunisia (20%), and Angola (20%). The countries with the lowest tariffs are Egypt (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Semi-Finished Iron ranks 688th in the Product Complexity Index (PCI).
Description: Semi-finished products of iron or non-alloy steel are used in the production of other goods. They can be made from a variety of materials, including iron and steel.