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Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne

720844 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.16BRnk 1956 / 4644
2023
Top Exporter | Top Importer $145M | $161MChina | Germany
2023
Product Complexity 0.086Rnk 2408 / 4656
2022 - 2023
Export Growth (CAGR) -21.3%Rnk 3778 / 4644
2023
Share of World Trade 0.0051%Rnk 1956 / 4644

About

Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne. In 2023, Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were the world's 1956th most traded product, with a total trade of $1.16B. Between 2022 and 2023 the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne decreased by -21.3%, from $1.47B to $1.16B. Trade in Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne represent 0.0051% of total world trade.

Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne are a part of Hot-Rolled Iron.

Exports In 2023 the top exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne  were China ($145M), Slovakia ($130M), Belgium ($97.6M), Italy ($96.2M), and Germany ($67.7M).

Imports In 2023 the top importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were Germany ($161M), France ($102M), Czechia ($87.4M), Poland ($48.4M), and Netherlands ($39.9M).

Ranking Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne ranks 2408th 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, flat,width >600mm, t 3.0-4.75mm, 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 (2023)China$145M
Top Destination (2023)Germany$161M

In 2023 Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were the world's 1956th most traded product (out of 4,644).

In 2023, the top exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were China ($145M), Slovakia ($130M), Belgium ($97.6M), Italy ($96.2M), and Germany ($67.7M).

In 2023, the top importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were Germany ($161M), France ($102M), Czechia ($87.4M), Poland ($48.4M), and Netherlands ($39.9M).

Explore Visualizations

Exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne (2023)
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Importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$12.5M
Top Destination Growth (2022 -  2023)Mexico$11.4M

Between 2022 and 2023, the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne grew the fastest in United States ($12.5M), China ($11.9M), Sweden ($5.19M), Finland ($1.33M), and Panama ($491k).

Between 2022 and 2023, the fastest growing importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were Mexico ($11.4M), Ukraine ($10.2M), Egypt ($5.5M), Ecuador ($5.4M), and Denmark ($5.14M).

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Exporters of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne (2022 - 2023)

Importers of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne.

In 2023, market concentration measured using Shannon Entropy, was 4.55. This means that most of the exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne are explained by 23 countries.

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Value of Exports in Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne

Net Trade

TOP NET EXPORTER (2023)China$143M
TOP NET IMPORTER (2023)France$93.6M

This map shows which countries export or import more of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne. Each country is colored based on the difference in exports and imports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were China ($143M), Slovakia ($112M), Italy ($94.4M), Belgium ($80.4M), and Sweden ($37.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne were France ($93.6M), Germany ($92.8M), Czechia ($68.6M), Mexico ($35.3M), and Slovenia ($20.4M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, ne.
It is possible to select the main countries that export or import Hot rolled iron or non-alloy steel, flat,width >600mm, t 3.0-4.75mm, 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, flat,width >600mm, t 3.0-4.75mm, 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 (2023)

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