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721113 (Harmonized System 1996 for 6-digit)

2023
World Trade $241MRnk 3609 / 4766
2023
Top Exporter | Top Importer $38.1M | $51.6MItaly | Germany
2023
Product Complexity 0.63Rnk 1449 / 4780
2022 - 2023
Export Growth (CAGR) -23.7%Rnk 4041 / 4766
2023
Share of World Trade 0.0011%Rnk 3609 / 4766

About

Overview This page contains the latest trade data of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick. In 2023, Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick were the world's 3609th most traded product, with a total trade of $241M. Between 2022 and 2023 the exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick decreased by -23.7%, from $316M to $241M. Trade in Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick represent 0.0011% of total world trade.

Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick are a part of Iron or non-alloy steel; flat-rolled products, width less than 600mm, not clad,....

Exports In 2023 the top exporters of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick  were Italy ($38.1M), Czechia ($32.6M), Switzerland ($30.9M), Germany ($26.9M), and France ($19.2M).

Imports In 2023 the top importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick were Germany ($51.6M), Netherlands ($23.6M), Denmark ($18.9M), France ($14.6M), and United Arab Emirates ($12.7M).

Ranking Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick ranks 1449th 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 Sheets: Hot-Rolled, Medium Width, Thick. 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 (2023)Italy$38.1M
Top Destination (2023)Germany$51.6M

In 2023 Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick were the world's 3609th most traded product (out of 4,766).

In 2023, the top exporters of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick were Italy ($38.1M), Czechia ($32.6M), Switzerland ($30.9M), Germany ($26.9M), and France ($19.2M).

In 2023, the top importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick were Germany ($51.6M), Netherlands ($23.6M), Denmark ($18.9M), France ($14.6M), and United Arab Emirates ($12.7M).

Explore Visualizations

Exporters of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick (2023)
[Click to Select a Country]

Importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$6.01M
Top Destination Growth (2022 -  2023)Mexico$6.68M

Between 2022 and 2023, the exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick grew the fastest in United States ($6.01M), Jordan ($3.94M), Sweden ($3.04M), Oman ($2.02M), and China ($1.84M).

Between 2022 and 2023, the fastest growing importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick were Mexico ($6.68M), Saudi Arabia ($3M), Bulgaria ($2.9M), United Arab Emirates ($2.66M), and Philippines ($1.44M).

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Exporters of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick (2022 - 2023)

Importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick.

In 2023, market concentration measured using Shannon Entropy, was 3.87. This means that most of the exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick are explained by 14 countries.

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Value of Exports in Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick

Net Trade

TOP NET EXPORTER (2023)Italy$35.4M
TOP NET IMPORTER (2023)Germany$24.7M

This map shows which countries export or import more of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick. Each country is colored based on the difference in exports and imports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick were Italy ($35.4M), Czechia ($29.4M), Switzerland ($25.6M), Oman ($12.3M), and United States ($11.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick were Germany ($24.7M), Netherlands ($20.9M), Denmark ($17.5M), United Arab Emirates ($12.5M), and Mexico ($10.3M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Iron/Steel Sheets: Hot-Rolled, Medium Width, Thick 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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