721339 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes. In 2022, Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes were the world's 2079th most traded product, with a total trade of $1.11B. Between 2021 and 2022 the exports of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes decreased by -0.75%, from $1.12B to $1.11B. Trade in Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes represent 0.0047% of total world trade.

Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes are a part of Hot-Rolled Iron Bars.

Exports In 2022 the top exporters of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes  were Japan ($178M), Egypt ($118M), China ($113M), Germany ($67M), and Czechia ($65.6M).

Imports In 2022 the top importers of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes were South Korea ($134M), Thailand ($92.3M), United States ($83M), Italy ($76M), and Germany ($73.5M).

Ranking Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes ranks 2240th in the Product Complexity Index (PCI).

Description -

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, 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.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)Japan$178M
Top Destination (2022)South Korea$134M

In 2022 Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes were the world's 2079th most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes were Japan ($178M), Egypt ($118M), China ($113M), Germany ($67M), and Czechia ($65.6M).

In 2022, the top importers of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes were South Korea ($134M), Thailand ($92.3M), United States ($83M), Italy ($76M), and Germany ($73.5M).

Explore Visualizations

Exporters of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes (2022)
[Click to Select a Country]

Importers of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$63.1M
Top Destination Growth (2021 -  2022)South Korea$82.4M

Between 2021 and 2022, the exports of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes grew the fastest in China ($63.1M), Japan ($14.4M), Poland ($11.3M), Oman ($9.93M), and Egypt ($9.83M).

Between 2021 and 2022, the fastest growing importers of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes were South Korea ($82.4M), Singapore ($14.3M), United Kingdom ($13.1M), Italy ($10.1M), and Indonesia ($9.15M).

Explore Visualizations

Exporters of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes (2021 - 2022)

Importers of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes are explained by 20 countries.

Explore Visualizations

Value of Exports in Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes

Net Trade

TOP NET EXPORTER (2022)Japan$161M
TOP NET IMPORTER (2022)Thailand$88.9M

This map shows which countries export or import more of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes. Each country is colored based on the difference in exports and imports of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes were Japan ($161M), Egypt ($115M), China ($63.1M), Czechia ($44.3M), and Chinese Taipei ($35.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes were Thailand ($88.9M), South Korea ($84.5M), United States ($64.6M), Saudi Arabia ($39M), and Italy ($30.3M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes.
It is possible to select the main countries that export or import Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hot rolled bar/rod, iron or non-alloy steel, coiled, C<.25%, 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)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with