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720890 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.42BRnk 1818 / 4648
2022
Top Exporter | Top Importer $276M | $192MGermany | Denmark
2022
Product Complexity -0.34Rnk 3017 / 4653
2021 - 2022
Export Growth (CAGR) 29.5%Rnk 427 / 4648
2022
Share of World Trade 0.006%Rnk 1818 / 4648

About

Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, width >600mm, nes. In 2022, Hot rolled iron or non-alloy steel, width >600mm, nes were the world's 1818th most traded product, with a total trade of $1.42B. Between 2021 and 2022 the exports of Hot rolled iron or non-alloy steel, width >600mm, nes grew by 29.5%, from $1.1B to $1.42B. Trade in Hot rolled iron or non-alloy steel, width >600mm, nes represent 0.006% of total world trade.

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

Exports In 2022 the top exporters of Hot rolled iron or non-alloy steel, width >600mm, nes  were Germany ($276M), China ($151M), Slovakia ($105M), France ($104M), and Russia ($100M).

Imports In 2022 the top importers of Hot rolled iron or non-alloy steel, width >600mm, nes were Denmark ($192M), Netherlands ($191M), Germany ($138M), Vietnam ($86.6M), and Egypt ($51M).

Ranking Hot rolled iron or non-alloy steel, width >600mm, nes ranks 3017th in the Product Complexity Index (PCI).

Description The common use of hot rolled iron or non-alloy steel, width >600mm, is to create structural pieces of metal.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hot rolled iron or non-alloy steel, width >600mm, 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)Germany$276M
Top Destination (2022)Denmark$192M

In 2022 Hot rolled iron or non-alloy steel, width >600mm, nes were the world's 1818th most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled iron or non-alloy steel, width >600mm, nes were Germany ($276M), China ($151M), Slovakia ($105M), France ($104M), and Russia ($100M).

In 2022, the top importers of Hot rolled iron or non-alloy steel, width >600mm, nes were Denmark ($192M), Netherlands ($191M), Germany ($138M), Vietnam ($86.6M), and Egypt ($51M).

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

Color
Top Origin Growth (2021 -  2022)China$85.8M
Top Destination Growth (2021 -  2022)Denmark$153M

Between 2021 and 2022, the exports of Hot rolled iron or non-alloy steel, width >600mm, nes grew the fastest in China ($85.8M), Germany ($75.6M), Russia ($65.9M), South Korea ($61.9M), and Indonesia ($60.5M).

Between 2021 and 2022, the fastest growing importers of Hot rolled iron or non-alloy steel, width >600mm, nes were Denmark ($153M), Vietnam ($69.1M), Kazakhstan ($31.2M), India ($22.1M), and Pakistan ($21.7M).

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

Importers of Hot rolled iron or non-alloy steel, width >600mm, 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, width >600mm, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.42. This means that most of the exports of Hot rolled iron or non-alloy steel, width >600mm, nes are explained by 21 countries.

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

Net Trade

TOP NET EXPORTER (2022)China$146M
TOP NET IMPORTER (2022)Denmark$163M

This map shows which countries export or import more of Hot rolled iron or non-alloy steel, width >600mm, nes. Each country is colored based on the difference in exports and imports of Hot rolled iron or non-alloy steel, width >600mm, 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, width >600mm, nes were China ($146M), Germany ($138M), Slovakia ($99.1M), Russia ($98.1M), and South Korea ($80M).

In 2022, the countries that had a largest trade value in imports than in exports of Hot rolled iron or non-alloy steel, width >600mm, nes were Denmark ($163M), Netherlands ($146M), Vietnam ($79.9M), Egypt ($50.9M), and Kuwait ($44.9M).

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, width >600mm, nes.
It is possible to select the main countries that export or import Hot rolled iron or non-alloy steel, width >600mm, 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, width >600mm, 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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