2022
Exports
$1.1BWorld Rnk 18 / 151
Flag Rnk 9 / 1158
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.41Rnk 402 / 1025
2022
Imports
$126MWorld Rnk 73 / 214
Flag Rnk 81 / 1188
2022
ECONOMIC COMPLEXITY of Ukraine
0.5Rnk 44 / 133

About

Exports In 2022, Ukraine exported $1.1B in Hot-Rolled Iron, making it the 18th largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 9th most exported product in Ukraine. The main destination of Hot-Rolled Iron exports from Ukraine are: Poland ($247M), Turkey ($161M), Bulgaria ($93.2M), Russia ($62.5M), and Italy ($61.8M).

The fastest growing export markets for Hot-Rolled Iron of Ukraine between 2021 and 2022 were Indonesia ($4.37M), Kazakhstan ($1.85M), and Chinese Taipei ($1.38M).

Imports In 2022, Ukraine imported $126M in Hot-Rolled Iron, becoming the 73rd largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 81st most imported product in Ukraine. Ukraine imports Hot-Rolled Iron primarily from: Turkey ($31.6M), Slovakia ($28.1M), Romania ($22.3M), Italy ($12.3M), and Hungary ($6.78M).

The fastest growing import markets in Hot-Rolled Iron for Ukraine between 2021 and 2022 were Turkey ($28.3M), Slovakia ($27.2M), and Romania ($22.2M).

Latest Trends

Sep 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. 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)$1.1B
IMPORTS (2022)$126M
NET TRADE (2022)$969M

In 2022, Ukraine exported $1.1B in Hot-Rolled Iron. The main destinations of Ukraine exports on Hot-Rolled Iron were Poland ($247M), Turkey ($161M), Bulgaria ($93.2M), Russia ($62.5M), and Italy ($61.8M).

In 2022, Ukraine imported $126M in Hot-Rolled Iron, mainly from Turkey ($31.6M), Slovakia ($28.1M), Romania ($22.3M), Italy ($12.3M), and Hungary ($6.78M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Ukraine WERE (2021 - 2022):
Indonesia$4.37M (85.3%)
Kazakhstan$1.85M (971%)
Chinese Taipei$1.38M (13.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Ukraine WERE (2021 - 2022):
Turkey-$633M (-79.7%)
Russia-$291M (-82.3%)
Poland-$219M (-47%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ukraine's main exporting competitors in Hot-Rolled Iron were:
Japan $11.2B
China $11.2B
In 2022, Ukraine's main importing competitors in Hot-Rolled Iron were:

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Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $55M
TOP IMPORT POTENTIALRomania+ $5.54M

Hot-Rolled Iron’s highest export potential is Poland. With an export gap of $55M.   Hot-Rolled Iron’s highest import potential is Romania with an import gap of $5.54M.

See methodology.

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