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721399 (Harmonized System 1996 for 6-digit)

2022
World Trade $1.15BRnk 2084 / 4769
2022
Top Exporter | Top Importer $178M | $134MJapan | South Korea
2022
Product Complexity 0.17Rnk 2306 / 4776
2021 - 2022
Export Growth (CAGR) -0.3%Rnk 3073 / 4769
2022
Share of World Trade 0.0049%Rnk 2084 / 4769

About

Overview This page contains the latest trade data of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled. In 2022, Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled were the world's 2084th most traded product, with a total trade of $1.15B. Between 2021 and 2022 the exports of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled decreased by -0.3%, from $1.15B to $1.15B. Trade in Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled represent 0.0049% of total world trade.

Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled are a part of Iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coils.

Exports In 2022 the top exporters of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled  were Japan ($178M), Egypt ($119M), China ($114M), Germany ($66.1M), and Czechia ($65.6M).

Imports In 2022 the top importers of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled were South Korea ($134M), Thailand ($92.3M), United States ($84M), Italy ($76.1M), and Germany ($73.5M).

Ranking Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled ranks 2306th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled. 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.

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Historical Data

Exporters and Importers

Top Origin (2022)Japan$178M
Top Destination (2022)South Korea$134M

In 2022 Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled were the world's 2084th most traded product (out of 4,769).

In 2022, the top exporters of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled were Japan ($178M), Egypt ($119M), China ($114M), Germany ($66.1M), and Czechia ($65.6M).

In 2022, the top importers of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled were South Korea ($134M), Thailand ($92.3M), United States ($84M), Italy ($76.1M), and Germany ($73.5M).

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Exporters of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled (2022)
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Importers of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$66.3M
Top Destination Decrease (2021 -  2022)Netherlands-$73.9M

Between 2021 and 2022, the exports of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled grew the fastest in China ($66.3M), Japan ($14.3M), Switzerland ($12.3M), Poland ($10.8M), and Oman ($9.68M).

Between 2021 and 2022, the fastest declining importers of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled were Netherlands (-$73.9M), Chinese Taipei (-$19.5M), Brazil (-$18.9M), Thailand (-$12.2M), and France (-$11.8M).

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Exporters of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled (2021 - 2022)

Importers of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled.

In 2022, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled are explained by 21 countries.

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Value of Exports in Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled

Net Trade

TOP NET EXPORTER (2022)Japan$161M
TOP NET IMPORTER (2022)Thailand$89M

This map shows which countries export or import more of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled. Each country is colored based on the difference in exports and imports of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled were Japan ($161M), Egypt ($116M), China ($63.4M), Czechia ($44.3M), and Chinese Taipei ($35.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled were Thailand ($89M), South Korea ($85.3M), United States ($65.4M), Saudi Arabia ($39M), and Italy ($30.4M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled.
It is possible to select the main countries that export or import Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron/Steel Rods: Hot-Rolled, Thick Diameter, Coiled 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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