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

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).

Latest Trends

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 <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.

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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)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).

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

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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.

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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

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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 <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)

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