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720854 (Harmonized System 1996 for 6-digit)

2022
World Trade $922MRnk 2350 / 4769
2022
Top Exporter | Top Importer $150M | $110MChina | Russia
2022
Product Complexity -0.55Rnk 3374 / 4776
2021 - 2022
Export Growth (CAGR) 13.7%Rnk 1278 / 4769
2022
Share of World Trade 0.0039%Rnk 2350 / 4769

About

Overview This page contains the latest trade data of Iron/Steel Sheets: Thin, Hot-Rolled, Wide. In 2022, Iron/Steel Sheets: Thin, Hot-Rolled, Wide were the world's 2350th most traded product, with a total trade of $922M. Between 2021 and 2022 the exports of Iron/Steel Sheets: Thin, Hot-Rolled, Wide grew by 13.7%, from $812M to $922M. Trade in Iron/Steel Sheets: Thin, Hot-Rolled, Wide represent 0.0039% of total world trade.

Iron/Steel Sheets: Thin, Hot-Rolled, Wide 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, Wide  were China ($150M), Kazakhstan ($124M), Turkey ($59.4M), Italy ($48.5M), and Russia ($41.6M).

Imports In 2022 the top importers of Iron/Steel Sheets: Thin, Hot-Rolled, Wide were Russia ($110M), France ($58.7M), United States ($42.2M), Germany ($36.9M), and Rwanda ($32.2M).

Ranking Iron/Steel Sheets: Thin, Hot-Rolled, Wide ranks 3374th 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, Wide. 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)China$150M
Top Destination (2022)Russia$110M

In 2022 Iron/Steel Sheets: Thin, Hot-Rolled, Wide were the world's 2350th most traded product (out of 4,769).

In 2022, the top exporters of Iron/Steel Sheets: Thin, Hot-Rolled, Wide were China ($150M), Kazakhstan ($124M), Turkey ($59.4M), Italy ($48.5M), and Russia ($41.6M).

In 2022, the top importers of Iron/Steel Sheets: Thin, Hot-Rolled, Wide were Russia ($110M), France ($58.7M), United States ($42.2M), Germany ($36.9M), and Rwanda ($32.2M).

Explore Visualizations

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

Color
Top Origin Growth (2021 -  2022)Kazakhstan$105M
Top Destination Growth (2021 -  2022)Russia$87.5M

Between 2021 and 2022, the exports of Iron/Steel Sheets: Thin, Hot-Rolled, Wide grew the fastest in Kazakhstan ($105M), China ($94.8M), Turkey ($15.4M), South Korea ($7.64M), and Denmark ($6.57M).

Between 2021 and 2022, the fastest growing importers of Iron/Steel Sheets: Thin, Hot-Rolled, Wide were Russia ($87.5M), Rwanda ($30.4M), Nigeria ($16.1M), Uzbekistan ($10.9M), and Egypt ($9.33M).

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

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

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.75. This means that most of the exports of Iron/Steel Sheets: Thin, Hot-Rolled, Wide are explained by 26 countries.

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

Net Trade

TOP NET EXPORTER (2022)China$148M
TOP NET IMPORTER (2022)Russia$68.7M

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

In 2022, the countries that had a largest trade value in exports than in imports of Iron/Steel Sheets: Thin, Hot-Rolled, Wide were China ($148M), Kazakhstan ($116M), Turkey ($57.7M), Italy ($47.5M), and Canada ($35.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Iron/Steel Sheets: Thin, Hot-Rolled, Wide were Russia ($68.7M), France ($54.3M), Rwanda ($30.5M), Egypt ($24.8M), and Czechia ($22.8M).

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, Wide.
It is possible to select the main countries that export or import Iron/Steel Sheets: Thin, Hot-Rolled, Wide 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, Wide 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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