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721610 (Harmonized System 1992 for 6-digit)

2022
World Trade $695MRnk 2590 / 4648
2022
Top Exporter | Top Importer $261M | $65.9MBahrain | Morocco
2022
Product Complexity -0.46Rnk 3169 / 4653
2021 - 2022
Export Growth (CAGR) 8.44%Rnk 1779 / 4648
2022
Share of World Trade 0.0029%Rnk 2590 / 4648

About

Overview This page contains the latest trade data of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm. In 2022, Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm were the world's 2590th most traded product, with a total trade of $695M. Between 2021 and 2022 the exports of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm grew by 8.44%, from $641M to $695M. Trade in Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm represent 0.0029% of total world trade.

Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm are a part of Iron Blocks.

Exports In 2022 the top exporters of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm  were Bahrain ($261M), China ($93.2M), Turkey ($53.2M), Canada ($41M), and Italy ($29.8M).

Imports In 2022 the top importers of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm were Morocco ($65.9M), United States ($61.5M), South Korea ($58.8M), Egypt ($46M), and Algeria ($32.8M).

Ranking Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm ranks 3169th in the Product Complexity Index (PCI).

Description Sections are used in the manufacture of large steel structures like buildings. Iron or non-alloy steel is used in the production of machine parts and piping. Hot-forming is used to produce steel structures and components that are less than 80mm in size.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm. 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)Bahrain$261M
Top Destination (2022)Morocco$65.9M

In 2022 Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm were the world's 2590th most traded product (out of 4,648).

In 2022, the top exporters of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm were Bahrain ($261M), China ($93.2M), Turkey ($53.2M), Canada ($41M), and Italy ($29.8M).

In 2022, the top importers of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm were Morocco ($65.9M), United States ($61.5M), South Korea ($58.8M), Egypt ($46M), and Algeria ($32.8M).

Explore Visualizations

Exporters of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm (2022)
[Click to Select a Country]

Importers of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$40.6M
Top Destination Growth (2021 -  2022)Morocco$55.8M

Between 2021 and 2022, the exports of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm grew the fastest in China ($40.6M), Spain ($9.17M), Canada ($8.05M), United States ($6.72M), and Italy ($6.2M).

Between 2021 and 2022, the fastest growing importers of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm were Morocco ($55.8M), Algeria ($28.7M), Saudi Arabia ($16.1M), United States ($13.3M), and Canada ($10.1M).

Explore Visualizations

Exporters of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm (2021 - 2022)

Importers of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm.

In 2022, market concentration measured using Shannon Entropy, was 3.62. This means that most of the exports of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm are explained by 12 countries.

Explore Visualizations

Value of Exports in Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm

Net Trade

TOP NET EXPORTER (2022)Bahrain$260M
TOP NET IMPORTER (2022)Morocco$65.9M

This map shows which countries export or import more of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm. Each country is colored based on the difference in exports and imports of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm were Bahrain ($260M), China ($90M), Turkey ($52M), Italy ($24.7M), and Canada ($22.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm were Morocco ($65.9M), South Korea ($53M), Egypt ($45M), United States ($42.1M), and Malaysia ($19.7M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm.
It is possible to select the main countries that export or import Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sections, U/I/H, iron or non-alloy steel, nfw than hot formed <80mm 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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