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845530 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.1BRnk 1387 / 4644
2023
Top Exporter | Top Importer $649M | $314MChina | United States
2023
Product Complexity 0.9Rnk 948 / 4656
2022 - 2023
Export Growth (CAGR) 12.2%Rnk 554 / 4644
2023
Share of World Trade 0.0093%Rnk 1387 / 4644

About

Overview This page contains the latest trade data of Rolls for metal rolling mills. In 2023, Rolls for metal rolling mills were the world's 1387th most traded product, with a total trade of $2.1B. Between 2022 and 2023 the exports of Rolls for metal rolling mills grew by 12.2%, from $1.87B to $2.1B. Trade in Rolls for metal rolling mills represent 0.0093% of total world trade.

Rolls for metal rolling mills are a part of Metal-Rolling Mills.

Exports In 2023 the top exporters of Rolls for metal rolling mills  were China ($649M), Germany ($197M), Japan ($177M), Austria ($104M), and South Korea ($94.6M).

Imports In 2023 the top importers of Rolls for metal rolling mills were United States ($314M), India ($222M), Germany ($139M), Russia ($106M), and Turkey ($92.7M).

Ranking Rolls for metal rolling mills ranks 948th in the Product Complexity Index (PCI).

Description In a metal rolling mill, rolls are typically used to flatten sheets of metal. The rolls are heated to soften the metal so that it can be rolled thinner. This process is used to make materials such as aluminum and steel.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Rolls for 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$649M
Top Destination (2023)United States$314M

In 2023 Rolls for metal rolling mills were the world's 1387th most traded product (out of 4,644).

In 2023, the top exporters of Rolls for metal rolling mills were China ($649M), Germany ($197M), Japan ($177M), Austria ($104M), and South Korea ($94.6M).

In 2023, the top importers of Rolls for metal rolling mills were United States ($314M), India ($222M), Germany ($139M), Russia ($106M), and Turkey ($92.7M).

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Exporters of Rolls for metal rolling mills (2023)
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Importers of Rolls for metal rolling mills (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$115M
Top Destination Growth (2022 -  2023)India$71.9M

Between 2022 and 2023, the exports of Rolls for metal rolling mills grew the fastest in China ($115M), Italy ($25.2M), Slovakia ($18.9M), Turkey ($16.7M), and Japan ($16.6M).

Between 2022 and 2023, the fastest growing importers of Rolls for metal rolling mills were India ($71.9M), Russia ($35.7M), United States ($29.4M), Egypt ($23.6M), and United Arab Emirates ($23.1M).

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Exporters of Rolls for metal rolling mills (2022 - 2023)

Importers of Rolls for metal rolling mills (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rolls for metal rolling mills.

In 2023, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Rolls for metal rolling mills are explained by 14 countries.

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Value of Exports in Rolls for metal rolling mills

Net Trade

TOP NET EXPORTER (2023)China$585M
TOP NET IMPORTER (2023)United States$229M

This map shows which countries export or import more of Rolls for metal rolling mills. Each country is colored based on the difference in exports and imports of Rolls for metal rolling mills during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Rolls for metal rolling mills were China ($585M), Japan ($155M), Austria ($75.3M), Slovenia ($61.2M), and Germany ($58.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Rolls for metal rolling mills were United States ($229M), India ($179M), Russia ($84.9M), Canada ($59.2M), and Mexico ($58.5M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Rolls for metal rolling mills.
It is possible to select the main countries that export or import Rolls for metal rolling mills in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rolls for metal rolling mills 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 (2023)

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