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Metal-rolling mills and rolls therefor

8455 (Harmonized System 1992 for 4-digit)

2022
World Trade $5.06BRnk 551 / 1218
2022
Top Exporter | Top Importer $1.57B | $683MChina | United States
2022
Product Complexity 1.1Rnk 136 / 1033
2021 - 2022
Export Growth (CAGR) 10.1%Rnk 404 / 1218
2022
Share of World Trade 0.021%Rnk 551 / 1218

About

Overview This page contains the latest trade data of Metal-Rolling Mills. In 2022, Metal-Rolling Mills were the world's 551st most traded product, with a total trade of $5.06B. Between 2021 and 2022 the exports of Metal-Rolling Mills grew by 10.1%, from $4.59B to $5.06B. Trade in Metal-Rolling Mills represent 0.021% 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 2022 the top exporters of Metal-Rolling Mills  were China ($1.57B), Italy ($722M), Germany ($500M), South Korea ($261M), and Japan ($258M).

Imports In 2022 the top importers of Metal-Rolling Mills were United States ($683M), India ($414M), China ($289M), Turkey ($267M), and Germany ($203M).

Ranking Metal-Rolling Mills ranks 136th 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 (2022)China$1.57B
Top Destination (2022)United States$683M

In 2022 Metal-Rolling Mills were the world's 551st most traded product (out of 1,218).

In 2022, the top exporters of Metal-Rolling Mills were China ($1.57B), Italy ($722M), Germany ($500M), South Korea ($261M), and Japan ($258M).

In 2022, the top importers of Metal-Rolling Mills were United States ($683M), India ($414M), China ($289M), Turkey ($267M), and Germany ($203M).

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Exporters of Metal-Rolling Mills (2022)
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Importers of Metal-Rolling Mills (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$468M
Top Destination Growth (2021 -  2022)Turkey$112M

Between 2021 and 2022, the exports of Metal-Rolling Mills grew the fastest in China ($468M), Italy ($87.6M), India ($56.5M), United States ($18.3M), and Thailand ($15M).

Between 2021 and 2022, the fastest growing importers of Metal-Rolling Mills were Turkey ($112M), India ($106M), United States ($99.1M), Indonesia ($57.9M), and Uzbekistan ($44.3M).

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Exporters of Metal-Rolling Mills (2021 - 2022)

Importers of Metal-Rolling Mills (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Metal-Rolling Mills are explained by 13 countries.

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Value of Exports in Metal-Rolling Mills

Net Trade

TOP NET EXPORTER (2022)China$1.28B
TOP NET IMPORTER (2022)United States$491M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Metal-Rolling Mills were China ($1.28B), Italy ($583M), Germany ($297M), Japan ($197M), and South Korea ($108M).

In 2022, the countries that had a largest trade value in imports than in exports of Metal-Rolling Mills were United States ($491M), India ($174M), Indonesia ($165M), Russia ($152M), and Turkey ($146M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Metal-Rolling Mills, disaggragated by their HS6 level were Rolls for metal rolling mills ($1.87B), Parts of metal rolling mills and... ($1.83B), Hot, or combination hot-cold metal rolling... ($577M), Cold metal rolling mills ($501M), and Tube mills, metal rolling ($279M)

HS6 Disaggregation for Metal-Rolling Mills (2022)
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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 (2022)

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 (2022)

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