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720827 (Harmonized System 1996 for 6-digit)

2022
World Trade $5.09BRnk 753 / 4769
2022
Top Exporter | Top Importer $779M | $573MSouth Korea | Germany
2022
Product Complexity 0.55Rnk 1587 / 4776
2021 - 2022
Export Growth (CAGR) 2.71%Rnk 2619 / 4769
2022
Share of World Trade 0.021%Rnk 753 / 4769

About

Overview This page contains the latest trade data of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils. In 2022, Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils were the world's 753rd most traded product, with a total trade of $5.09B. Between 2021 and 2022 the exports of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils grew by 2.71%, from $4.95B to $5.09B. Trade in Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils represent 0.021% of total world trade.

Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils are a part of Iron or non-alloy steel; flat-rolled products of a width of 600mm or....

Exports In 2022 the top exporters of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils  were South Korea ($779M), Japan ($727M), Belgium ($645M), Chinese Taipei ($377M), and Germany ($356M).

Imports In 2022 the top importers of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils were Germany ($573M), Thailand ($392M), Mexico ($382M), Italy ($274M), and Poland ($261M).

Ranking Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils ranks 1587th 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: Thin, Hot-Rolled & Pickled, Wide Coils. 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)South Korea$779M
Top Destination (2022)Germany$573M

In 2022 Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils were the world's 753rd most traded product (out of 4,769).

In 2022, the top exporters of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils were South Korea ($779M), Japan ($727M), Belgium ($645M), Chinese Taipei ($377M), and Germany ($356M).

In 2022, the top importers of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils were Germany ($573M), Thailand ($392M), Mexico ($382M), Italy ($274M), and Poland ($261M).

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Exporters of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils (2022)
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Importers of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Belgium$149M
Top Destination Growth (2021 -  2022)Indonesia$57.9M

Between 2021 and 2022, the exports of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils grew the fastest in Belgium ($149M), South Korea ($123M), Japan ($93.2M), Germany ($31.8M), and China ($23.9M).

Between 2021 and 2022, the fastest growing importers of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils were Indonesia ($57.9M), Japan ($36.2M), Poland ($33.9M), Vietnam ($30.5M), and South Africa ($29.8M).

Explore Visualizations

Exporters of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils (2021 - 2022)

Importers of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils.

In 2022, market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils are explained by 16 countries.

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Value of Exports in Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils

Net Trade

TOP NET EXPORTER (2022)South Korea$769M
TOP NET IMPORTER (2022)Thailand$392M

This map shows which countries export or import more of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils. Each country is colored based on the difference in exports and imports of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils were South Korea ($769M), Belgium ($486M), Japan ($484M), Chinese Taipei ($362M), and Netherlands ($274M).

In 2022, the countries that had a largest trade value in imports than in exports of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils were Thailand ($392M), Mexico ($359M), Indonesia ($242M), Poland ($240M), and Germany ($218M).

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 Sheets: Thin, Hot-Rolled & Pickled, Wide Coils.
It is possible to select the main countries that export or import Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron/Steel Sheets: Thin, Hot-Rolled & Pickled, Wide Coils 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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