Classification 15672 for Standard International Trade Classification (SITC).

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Overview This page contains the latest trade data of Ingots and other primary forms, of iron or steel. In 2018, Ingots and other primary forms, of iron or steel were the world's 38th most traded product, with a total trade of $93.5B. Between 2017 and 2018 the exports of Ingots and other primary forms, of iron or steel grew by 38.6%, from $67.5B to $93.5B. Trade in Ingots and other primary forms, of iron or steel represent 0.49% of total world trade.

Ingots and other primary forms, of iron or steel are a part of Iron and steel. They include Iron Coils, Iron Billets, Blocks of Iron and Steel, and Ingots and other primary forms, of iron or steel.

Exports In 2018 the top exporters of Ingots and other primary forms, of iron or steel  were Russia ($11.7B), Japan ($10.8B), China ($8.71B), South Korea ($6.06B), and Brazil ($5.98B).

Imports In 2018 the top importers of Ingots and other primary forms, of iron or steel were United States ($7.93B), Italy ($6.94B), Turkey ($5.15B), Vietnam ($4.78B), and Germany ($4.54B).

Historical Data

Exporters and Importers

Top Origin (2018)Russia$11.7B
Top Destination (2018)United States$7.93B

In 2018 Ingots and other primary forms, of iron or steel were the world's 38th most traded product (out of 414).

In 2018, the top exporters of Ingots and other primary forms, of iron or steel were Russia ($11.7B), Japan ($10.8B), China ($8.71B), South Korea ($6.06B), and Brazil ($5.98B).

In 2018, the top importers of Ingots and other primary forms, of iron or steel were United States ($7.93B), Italy ($6.94B), Turkey ($5.15B), Vietnam ($4.78B), and Germany ($4.54B).

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Exporters of Ingots and other primary forms, of iron or steel (2018)
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Importers of Ingots and other primary forms, of iron or steel (2018)
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Market Dynamics

Color
Top Origin Growth (2017 -  2018)Russia$3.96B
Top Destination Growth (2017 -  2018)Vietnam$4.78B

Between 2017 and 2018, the exports of Ingots and other primary forms, of iron or steel grew the fastest in Russia ($3.96B), Japan ($3.87B), Rest of the world ($3.28B), China ($3.03B), and Indonesia ($2.24B).

Between 2017 and 2018, the fastest growing importers of Ingots and other primary forms, of iron or steel were Vietnam ($4.78B), Rest of the world ($4.41B), Thailand ($3.4B), United States ($2.22B), and Mexico ($1.29B).

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Exporters of Ingots and other primary forms, of iron or steel (2017 - 2018)

Importers of Ingots and other primary forms, of iron or steel (2017 - 2018)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ingots and other primary forms, of iron or steel.

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Value of Exports in Ingots and other primary forms, of iron or steel

Net Trade

TOP NET EXPORTER (2018)Russia$11.2B
TOP NET IMPORTER (2018)United States$6.47B

This map shows which countries export or import more of Ingots and other primary forms, of iron or steel. Each country is colored based on the difference in exports and imports of Ingots and other primary forms, of iron or steel during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Ingots and other primary forms, of iron or steel were Russia ($11.2B), Japan ($9.68B), Brazil ($5.79B), China ($4.62B), and Ukraine ($3.9B).

In 2018, the countries that had a largest trade value in imports than in exports of Ingots and other primary forms, of iron or steel were United States ($6.47B), Italy ($5.5B), Thailand ($3.23B), Mexico ($2.88B), and Turkey ($2.33B).

Net Trade (2018)

Disaggregation

Value

In 2018, the world most traded Ingots and other primary forms, of..., disaggragated by their HS6 level were Iron Coils ($60.3B), Iron Billets ($31.8B), and Blocks of Iron and Steel ($1.35B)

Subgroup Disaggregation for Ingots and other primary forms, of iron or steel (2018)
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Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Ingots and other primary forms, of iron or steel.
It is possible to select the main countries that export or import Ingots and other primary forms, of iron or steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ingots and other primary forms, of iron or steel by percentage of total exports

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