2022
Exports
$9.62MWorld Rnk 58 / 126
Flag Rnk 105 / 1103
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.34Rnk 659 / 1025
2022
Imports
$80.8MWorld Rnk 52 / 210
Flag Rnk 57 / 1174
2022
ECONOMIC COMPLEXITY of Kenya
-0.5Rnk 87 / 133

About

Exports In 2022, Kenya exported $9.62M in Hot-Rolled Iron Bars, making it the 58th largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 105th most exported product in Kenya. The main destination of Hot-Rolled Iron Bars exports from Kenya are: Tanzania ($8.74M), Uganda ($797k), Rwanda ($77.6k), Democratic Republic of the Congo ($5.18k), and South Sudan ($780).

The fastest growing export markets for Hot-Rolled Iron Bars of Kenya between 2021 and 2022 were Tanzania ($5.54M), Uganda ($738k), and Democratic Republic of the Congo ($1.31k).

Imports In 2022, Kenya imported $80.8M in Hot-Rolled Iron Bars, becoming the 52nd largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 57th most imported product in Kenya. Kenya imports Hot-Rolled Iron Bars primarily from: China ($32.5M), United Arab Emirates ($20.5M), South Africa ($12M), India ($4.83M), and Malaysia ($4.16M).

The fastest growing import markets in Hot-Rolled Iron Bars for Kenya between 2021 and 2022 were China ($31.2M), United Arab Emirates ($7.15M), and Tanzania ($424k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hot-Rolled Iron Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.62M
IMPORTS (2022)$80.8M
NET TRADE (2022)-$71.2M

In 2022, Kenya exported $9.62M in Hot-Rolled Iron Bars. The main destinations of Kenya exports on Hot-Rolled Iron Bars were Tanzania ($8.74M), Uganda ($797k), Rwanda ($77.6k), Democratic Republic of the Congo ($5.18k), and South Sudan ($780).

In 2022, Kenya imported $80.8M in Hot-Rolled Iron Bars, mainly from China ($32.5M), United Arab Emirates ($20.5M), South Africa ($12M), India ($4.83M), and Malaysia ($4.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Kenya WERE (2021 - 2022):
Tanzania$5.54M (173%)
Uganda$738k (1.25k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Kenya WERE (2021 - 2022):
Rwanda-$171k (-68.8%)
South Sudan-$38.8k (-98%)
Burundi-$38.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kenya's main exporting competitors in Hot-Rolled Iron Bars were:
Germany $1.64B
China $1.62B
In 2022, Kenya's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRwanda+ $20.2k
TOP IMPORT POTENTIALIndia+ $1.85M

Hot-Rolled Iron Bars’s highest export potential is Rwanda. With an export gap of $20.2k.   Hot-Rolled Iron Bars’s highest import potential is India with an import gap of $1.85M.

See methodology.

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