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721632 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.12BRnk 1087 / 4644
2023
Top Exporter | Top Importer $757M | $318MSpain | France
2023
Product Complexity -0.17Rnk 2788 / 4656
2022 - 2023
Export Growth (CAGR) -8.83%Rnk 2567 / 4644
2023
Share of World Trade 0.014%Rnk 1087 / 4644

About

Overview This page contains the latest trade data of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m. In 2023, Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were the world's 1087th most traded product, with a total trade of $3.12B. Between 2022 and 2023 the exports of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m decreased by -8.83%, from $3.42B to $3.12B. Trade in Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m represent 0.014% of total world trade.

Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m are a part of Iron Blocks.

Exports In 2023 the top exporters of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m  were Spain ($757M), Luxembourg ($347M), China ($340M), Germany ($316M), and Turkey ($243M).

Imports In 2023 the top importers of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were France ($318M), United Kingdom ($220M), United States ($135M), United Arab Emirates ($132M), and Germany ($122M).

Ranking Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m ranks 2788th in the Product Complexity Index (PCI).

Description Section steel is most often used in the manufacture of automobiles, trucks, trains, ships, airplanes, bridges, buildings, machinery, and appliances.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m. 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 (2023)Spain$757M
Top Destination (2023)France$318M

In 2023 Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were the world's 1087th most traded product (out of 4,644).

In 2023, the top exporters of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Spain ($757M), Luxembourg ($347M), China ($340M), Germany ($316M), and Turkey ($243M).

In 2023, the top importers of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were France ($318M), United Kingdom ($220M), United States ($135M), United Arab Emirates ($132M), and Germany ($122M).

Explore Visualizations

Exporters of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2023)
[Click to Select a Country]

Importers of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$100M
Top Destination Growth (2022 -  2023)United Arab Emirates$104M

Between 2022 and 2023, the exports of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m grew the fastest in China ($100M), United Arab Emirates ($45.5M), Bahrain ($26.7M), Japan ($22.6M), and United States ($15.3M).

Between 2022 and 2023, the fastest growing importers of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were United Arab Emirates ($104M), Brazil ($77.9M), Algeria ($61.5M), Turkey ($36.1M), and Mexico ($28.1M).

Explore Visualizations

Exporters of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2022 - 2023)

Importers of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m.

In 2023, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m are explained by 15 countries.

Explore Visualizations

Value of Exports in Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m

Net Trade

TOP NET EXPORTER (2023)Spain$751M
TOP NET IMPORTER (2023)France$308M

This map shows which countries export or import more of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m. Each country is colored based on the difference in exports and imports of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Spain ($751M), Luxembourg ($343M), China ($331M), Germany ($194M), and Turkey ($153M).

In 2023, the countries that had a largest trade value in imports than in exports of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were France ($308M), United Kingdom ($129M), Malaysia ($109M), Netherlands ($107M), and United States ($80.2M).

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 Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m.
It is possible to select the main countries that export or import Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sections, I, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m 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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