720821 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes. In 2022, Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes were the world's 1218th most traded product, with a total trade of $2.71B. Between 2021 and 2022 the exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes grew by 19.2%, from $2.28B to $2.71B. Trade in Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes represent 0.011% of total world trade.

Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes are a part of Hot-Rolled Iron.

Exports In 2022 the top exporters of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes  were China ($496M), Kazakhstan ($371M), Germany ($292M), South Korea ($252M), and France ($202M).

Imports In 2022 the top importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes were Russia ($365M), Italy ($283M), Saudi Arabia ($156M), United States ($148M), and Netherlands ($119M).

Ranking Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes ranks 1066th in the Product Complexity Index (PCI).

Description -

Latest Data

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The following visualization shows the latest trends on Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, 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)China$496M
Top Destination (2022)Russia$365M

In 2022 Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes were the world's 1218th most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes were China ($496M), Kazakhstan ($371M), Germany ($292M), South Korea ($252M), and France ($202M).

In 2022, the top importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes were Russia ($365M), Italy ($283M), Saudi Arabia ($156M), United States ($148M), and Netherlands ($119M).

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Exporters of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes (2022)
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Importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$279M
Top Destination Growth (2021 -  2022)Italy$68.3M

Between 2021 and 2022, the exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes grew the fastest in China ($279M), Germany ($134M), France ($112M), South Korea ($67M), and Brazil ($38.7M).

Between 2021 and 2022, the fastest growing importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes were Italy ($68.3M), Netherlands ($61.3M), Vietnam ($55.3M), India ($50M), and Malaysia ($49.7M).

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Exporters of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes (2021 - 2022)

Importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes are explained by 17 countries.

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Value of Exports in Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes

Net Trade

TOP NET EXPORTER (2022)China$495M
TOP NET IMPORTER (2022)Russia$328M

This map shows which countries export or import more of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes. Each country is colored based on the difference in exports and imports of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes were China ($495M), Kazakhstan ($371M), Germany ($280M), France ($183M), and South Korea ($145M).

In 2022, the countries that had a largest trade value in imports than in exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes were Russia ($328M), Italy ($277M), Saudi Arabia ($152M), Malaysia ($92M), and United States ($86.7M).

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 iron or non-alloy steel, coil,width >600mm, t >10mm, nes.
It is possible to select the main countries that export or import Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hot rolled iron or non-alloy steel, coil,width >600mm, t >10mm, 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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