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Metal-rolling mills and rolls therefor

8455 (Harmonized System 1992 for 4-digit)

2023
World Trade $6.29BRnk 479 / 1217
2023
Top Exporter | Top Importer $2.09B | $889MChina | United States
2023
Product Complexity 1.02Rnk 176 / 1044
2022 - 2023
Export Growth (CAGR) 17.1%Rnk 82 / 1217
2023
Share of World Trade 0.028%Rnk 479 / 1217

About

Overview This page contains the latest trade data of Metal-Rolling Mills. In 2023, Metal-Rolling Mills were the world's 479th most traded product, with a total trade of $6.29B. Between 2022 and 2023 the exports of Metal-Rolling Mills grew by 17.1%, from $5.37B to $6.29B. Trade in Metal-Rolling Mills represent 0.028% of total world trade.

Metal-Rolling Mills are a part of Machinery, mechanical appliances, & parts. They include Parts of metal rolling mills and rolls, Rolls for metal rolling mills, Hot, or combination hot-cold metal rolling mills, Cold metal rolling mills, and Tube mills, metal rolling.

Exports In 2023 the top exporters of Metal-Rolling Mills  were China ($2.09B), Italy ($856M), Germany ($803M), India ($296M), and Japan ($285M).

Imports In 2023 the top importers of Metal-Rolling Mills were United States ($889M), India ($811M), Egypt ($342M), Turkey ($283M), and Germany ($274M).

Ranking Metal-Rolling Mills ranks 176th in the Product Complexity Index (PCI).

Description Metal-rolling mills are used to roll metal into sheets, tubes, and other shapes. The rolls are usually made of steel or aluminum.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Metal-Rolling Mills. 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 (2023)China$2.09B
Top Destination (2023)United States$889M

In 2023 Metal-Rolling Mills were the world's 479th most traded product (out of 1,217).

In 2023, the top exporters of Metal-Rolling Mills were China ($2.09B), Italy ($856M), Germany ($803M), India ($296M), and Japan ($285M).

In 2023, the top importers of Metal-Rolling Mills were United States ($889M), India ($811M), Egypt ($342M), Turkey ($283M), and Germany ($274M).

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Exporters of Metal-Rolling Mills (2023)
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Importers of Metal-Rolling Mills (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$416M
Top Destination Growth (2022 -  2023)India$306M

Between 2022 and 2023, the exports of Metal-Rolling Mills grew the fastest in China ($416M), Germany ($217M), Italy ($202M), Turkey ($38.4M), and Canada ($21.9M).

Between 2022 and 2023, the fastest growing importers of Metal-Rolling Mills were India ($306M), Egypt ($254M), United States ($173M), Algeria ($69.1M), and Germany ($54.8M).

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Exporters of Metal-Rolling Mills (2022 - 2023)

Importers of Metal-Rolling Mills (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Metal-Rolling Mills.

In 2023, market concentration measured using Shannon Entropy, was 3.66. This means that most of the exports of Metal-Rolling Mills are explained by 12 countries.

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Value of Exports in Metal-Rolling Mills

Net Trade

TOP NET EXPORTER (2023)China$1.84B
TOP NET IMPORTER (2023)United States$677M

This map shows which countries export or import more of Metal-Rolling Mills. Each country is colored based on the difference in exports and imports of Metal-Rolling Mills during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Metal-Rolling Mills were China ($1.84B), Italy ($675M), Germany ($529M), Japan ($202M), and South Korea ($96.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Metal-Rolling Mills were United States ($677M), India ($515M), Egypt ($340M), Russia ($189M), and Indonesia ($171M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Metal-Rolling Mills, disaggragated by their HS6 level were Parts of metal rolling mills and... ($2.3B), Rolls for metal rolling mills ($2.1B), Hot, or combination hot-cold metal rolling... ($879M), Cold metal rolling mills ($744M), and Tube mills, metal rolling ($263M)

HS6 Disaggregation for Metal-Rolling Mills (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Metal-Rolling Mills.
It is possible to select the main countries that export or import Metal-Rolling Mills in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Metal-Rolling Mills by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $65.2M
TOP IMPORT POTENTIALSouth Korea+ $10.4M

Metal-Rolling Mills’s highest export potential is India. With an export gap of $65.2M.  Metal-Rolling Mills’s highest import potential is South Korea with an import gap of $10.4M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Metal-Rolling Mills.

Country by Relatedness

The following visualization shows the relatedness of Metal-Rolling Mills to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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