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722540 (Harmonized System 1992 for 6-digit)

2022
World Trade $6.76BRnk 577 / 4648
2022
Top Exporter | Top Importer $1.34B | $637MSweden | Germany
2022
Product Complexity 1.52Rnk 180 / 4653
2021 - 2022
Export Growth (CAGR) 7.78%Rnk 1865 / 4648
2022
Share of World Trade 0.029%Rnk 577 / 4648

About

Overview This page contains the latest trade data of Hot rolled alloy-steel, not in coil width >600mm, nes. In 2022, Hot rolled alloy-steel, not in coil width >600mm, nes were the world's 577th most traded product, with a total trade of $6.76B. Between 2021 and 2022 the exports of Hot rolled alloy-steel, not in coil width >600mm, nes grew by 7.78%, from $6.28B to $6.76B. Trade in Hot rolled alloy-steel, not in coil width >600mm, nes represent 0.029% of total world trade.

Hot rolled alloy-steel, not in coil width >600mm, nes are a part of Flat Flat-Rolled Steel.

Exports In 2022 the top exporters of Hot rolled alloy-steel, not in coil width >600mm, nes  were Sweden ($1.34B), Germany ($768M), China ($720M), Belgium ($546M), and Austria ($528M).

Imports In 2022 the top importers of Hot rolled alloy-steel, not in coil width >600mm, nes were Germany ($637M), Poland ($342M), India ($324M), Canada ($323M), and China ($309M).

Ranking Hot rolled alloy-steel, not in coil width >600mm, nes ranks 180th in the Product Complexity Index (PCI).

Description Hot rolled steel is a steel that is created by heating up steel to a high temperature and forming it into a desired shape. This is done by rolling the steel along a steel bar. This process is used to create different shapes, such as bars, sheets, and coils. Hot rolled steel is used as an industrial material in many industries. It is used for a variety of applications, including electrical components, construction, and farming.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hot rolled alloy-steel, not in coil width >600mm, nes. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Sweden$1.34B
Top Destination (2022)Germany$637M

In 2022 Hot rolled alloy-steel, not in coil width >600mm, nes were the world's 577th most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled alloy-steel, not in coil width >600mm, nes were Sweden ($1.34B), Germany ($768M), China ($720M), Belgium ($546M), and Austria ($528M).

In 2022, the top importers of Hot rolled alloy-steel, not in coil width >600mm, nes were Germany ($637M), Poland ($342M), India ($324M), Canada ($323M), and China ($309M).

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Exporters of Hot rolled alloy-steel, not in coil width >600mm, nes (2022)
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Importers of Hot rolled alloy-steel, not in coil width >600mm, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$196M
Top Destination Growth (2021 -  2022)Germany$131M

Between 2021 and 2022, the exports of Hot rolled alloy-steel, not in coil width >600mm, nes grew the fastest in Germany ($196M), France ($153M), Austria ($150M), Belgium ($142M), and Japan ($120M).

Between 2021 and 2022, the fastest growing importers of Hot rolled alloy-steel, not in coil width >600mm, nes were Germany ($131M), India ($118M), France ($98.8M), Poland ($74.8M), and Brazil ($72M).

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Exporters of Hot rolled alloy-steel, not in coil width >600mm, nes (2021 - 2022)

Importers of Hot rolled alloy-steel, not in coil width >600mm, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hot rolled alloy-steel, not in coil width >600mm, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Hot rolled alloy-steel, not in coil width >600mm, nes are explained by 15 countries.

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Value of Exports in Hot rolled alloy-steel, not in coil width >600mm, nes

Net Trade

TOP NET EXPORTER (2022)Sweden$1.19B
TOP NET IMPORTER (2022)Poland$283M

This map shows which countries export or import more of Hot rolled alloy-steel, not in coil width >600mm, nes. Each country is colored based on the difference in exports and imports of Hot rolled alloy-steel, not in coil width >600mm, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hot rolled alloy-steel, not in coil width >600mm, nes were Sweden ($1.19B), Japan ($427M), Austria ($418M), China ($411M), and Belgium ($397M).

In 2022, the countries that had a largest trade value in imports than in exports of Hot rolled alloy-steel, not in coil width >600mm, nes were Poland ($283M), India ($263M), Canada ($226M), Mexico ($210M), and Turkey ($207M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Hot rolled alloy-steel, not in coil width >600mm, nes.
It is possible to select the main countries that export or import Hot rolled alloy-steel, not in coil width >600mm, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hot rolled alloy-steel, not in coil width >600mm, nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2022)

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