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720839 (Harmonized System 1996 for 6-digit)

2022
World Trade $20.1BRnk 173 / 4769
2022
Top Exporter | Top Importer $4.63B | $2.81BJapan | Vietnam
2022
Product Complexity 0.059Rnk 2506 / 4776
2021 - 2022
Export Growth (CAGR) -10.7%Rnk 4093 / 4769
2022
Share of World Trade 0.085%Rnk 173 / 4769

About

Overview This page contains the latest trade data of Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils. In 2022, Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils were the world's 173rd most traded product, with a total trade of $20.1B. Between 2021 and 2022 the exports of Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils decreased by -10.7%, from $22.5B to $20.1B. Trade in Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils represent 0.085% of total world trade.

Iron/Steel Sheets: Thin, Hot-Rolled, 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, Wide Coils  were Japan ($4.63B), China ($3.7B), Chinese Taipei ($1.64B), Russia ($1.39B), and India ($1.22B).

Imports In 2022 the top importers of Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils were Vietnam ($2.81B), Turkey ($1.69B), Italy ($1.55B), South Korea ($1.08B), and United States ($905M).

Ranking Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils ranks 2506th 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 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)Japan$4.63B
Top Destination (2022)Vietnam$2.81B

In 2022 Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils were the world's 173rd most traded product (out of 4,769).

In 2022, the top exporters of Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils were Japan ($4.63B), China ($3.7B), Chinese Taipei ($1.64B), Russia ($1.39B), and India ($1.22B).

In 2022, the top importers of Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils were Vietnam ($2.81B), Turkey ($1.69B), Italy ($1.55B), South Korea ($1.08B), and United States ($905M).

Explore Visualizations

Exporters of Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils (2022)
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Importers of Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$2.53B
Top Destination Growth (2021 -  2022)Vietnam$266M

Between 2021 and 2022, the exports of Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils grew the fastest in China ($2.53B), Brazil ($197M), Indonesia ($187M), Australia ($158M), and Belgium ($120M).

Between 2021 and 2022, the fastest growing importers of Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils were Vietnam ($266M), Saudi Arabia ($218M), India ($132M), United Arab Emirates ($109M), and Nigeria ($106M).

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

Importers of Iron/Steel Sheets: Thin, Hot-Rolled, 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, Wide Coils.

In 2022, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils are explained by 15 countries.

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

Net Trade

TOP NET EXPORTER (2022)Japan$4.28B
TOP NET IMPORTER (2022)Vietnam$2.37B

This map shows which countries export or import more of Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils. Each country is colored based on the difference in exports and imports of Iron/Steel Sheets: Thin, Hot-Rolled, 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, Wide Coils were Japan ($4.28B), China ($3.52B), Chinese Taipei ($1.45B), Russia ($1.37B), and India ($984M).

In 2022, the countries that had a largest trade value in imports than in exports of Iron/Steel Sheets: Thin, Hot-Rolled, Wide Coils were Vietnam ($2.37B), Italy ($1.51B), Turkey ($1.19B), United States ($791M), and Malaysia ($663M).

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