Sign In
Pricing

720824 (Harmonized System 1992 for 6-digit)

2022
World Trade $26BRnk 121 / 4648
2022
Top Exporter | Top Importer $5.4B | $2.97BJapan | Vietnam
2022
Product Complexity 0.24Rnk 2120 / 4653
2021 - 2022
Export Growth (CAGR) -6.77%Rnk 3725 / 4648
2022
Share of World Trade 0.11%Rnk 121 / 4648

About

Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne. In 2022, Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne were the world's 121st most traded product, with a total trade of $26B. Between 2021 and 2022 the exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne decreased by -6.77%, from $27.8B to $26B. Trade in Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne represent 0.11% of total world trade.

Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne 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 <3mm thick, ne  were Japan ($5.4B), China ($4.08B), Chinese Taipei ($2.03B), South Korea ($1.93B), and Russia ($1.44B).

Imports In 2022 the top importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne were Vietnam ($2.97B), Italy ($1.95B), Turkey ($1.77B), United States ($1.25B), and South Korea ($1.14B).

Ranking Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne ranks 2120th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne. 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$5.4B
Top Destination (2022)Vietnam$2.97B

In 2022 Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne were the world's 121st most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne were Japan ($5.4B), China ($4.08B), Chinese Taipei ($2.03B), South Korea ($1.93B), and Russia ($1.44B).

In 2022, the top importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne were Vietnam ($2.97B), Italy ($1.95B), Turkey ($1.77B), United States ($1.25B), and South Korea ($1.14B).

Explore Visualizations

Exporters of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne (2022)
[Click to Select a Country]

Importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$2.71B
Top Destination Growth (2021 -  2022)Vietnam$313M

Between 2021 and 2022, the exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne grew the fastest in China ($2.71B), Belgium ($270M), Brazil ($207M), Indonesia ($174M), and Mexico ($164M).

Between 2021 and 2022, the fastest growing importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne were Vietnam ($313M), Saudi Arabia ($241M), India ($147M), United Arab Emirates ($119M), and Nigeria ($113M).

Explore Visualizations

Exporters of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne (2021 - 2022)

Importers of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne (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 <3mm thick, ne.

In 2022, market concentration measured using Shannon Entropy, was 4.16. This means that most of the exports of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne are explained by 17 countries.

Explore Visualizations

Value of Exports in Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne

Net Trade

TOP NET EXPORTER (2022)Japan$4.81B
TOP NET IMPORTER (2022)Vietnam$2.51B

This map shows which countries export or import more of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne. Each country is colored based on the difference in exports and imports of Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne 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 <3mm thick, ne were Japan ($4.81B), China ($3.68B), Chinese Taipei ($1.81B), Russia ($1.42B), and India ($970M).

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 <3mm thick, ne were Vietnam ($2.51B), Italy ($1.76B), Turkey ($1.21B), United States ($882M), and Thailand ($830M).

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 iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne.
It is possible to select the main countries that export or import Hot rolled iron or non-alloy steel, coil,width >600mm, t <3mm thick, ne 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 <3mm thick, ne 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)

Keep Exploring

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