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721114 (Harmonized System 1996 for 6-digit)

2023
World Trade $631MRnk 2669 / 4766
2023
Top Exporter | Top Importer $145M | $147MCanada | United States
2023
Product Complexity 0.78Rnk 1186 / 4780
2022 - 2023
Export Growth (CAGR) -19%Rnk 3712 / 4766
2023
Share of World Trade 0.0028%Rnk 2669 / 4766

About

Overview This page contains the latest trade data of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick. In 2023, Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were the world's 2669th most traded product, with a total trade of $631M. Between 2022 and 2023 the exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick decreased by -19%, from $779M to $631M. Trade in Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick represent 0.0028% of total world trade.

Iron/Steel Sheets: Hot-Rolled, Medium Width, Very 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, Very Thick  were Canada ($145M), Germany ($128M), United States ($57.8M), Austria ($43.9M), and Italy ($39M).

Imports In 2023 the top importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were United States ($147M), Germany ($82.7M), Austria ($32.6M), Mexico ($32.5M), and Italy ($32.2M).

Ranking Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick ranks 1186th 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, Very 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)Canada$145M
Top Destination (2023)United States$147M

In 2023 Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were the world's 2669th most traded product (out of 4,766).

In 2023, the top exporters of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were Canada ($145M), Germany ($128M), United States ($57.8M), Austria ($43.9M), and Italy ($39M).

In 2023, the top importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were United States ($147M), Germany ($82.7M), Austria ($32.6M), Mexico ($32.5M), and Italy ($32.2M).

Explore Visualizations

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

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

Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$3.81M
Top Destination Growth (2022 -  2023)Italy$9.04M

Between 2022 and 2023, the exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick grew the fastest in France ($3.81M), Australia ($2.5M), Portugal ($996k), Hong Kong ($532k), and Poland ($501k).

Between 2022 and 2023, the fastest growing importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were Italy ($9.04M), Poland ($2.7M), Philippines ($1.58M), Finland ($1.19M), and Argentina ($974k).

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

Importers of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very 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, Very Thick.

In 2023, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick are explained by 13 countries.

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

Net Trade

TOP NET EXPORTER (2023)Canada$119M
TOP NET IMPORTER (2023)United States$88.9M

This map shows which countries export or import more of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick. Each country is colored based on the difference in exports and imports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very 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, Very Thick were Canada ($119M), Germany ($45.1M), China ($27M), Slovakia ($21.7M), and Finland ($17.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Iron/Steel Sheets: Hot-Rolled, Medium Width, Very Thick were United States ($88.9M), Mexico ($30.3M), Switzerland ($29.3M), Poland ($19.7M), and Belgium ($13.8M).

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, Very Thick.
It is possible to select the main countries that export or import Iron/Steel Sheets: Hot-Rolled, Medium Width, Very 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, Very 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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