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721640 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.34BRnk 1872 / 4648
2022
Top Exporter | Top Importer $202M | $156MChina | Germany
2022
Product Complexity 0.69Rnk 1307 / 4653
2021 - 2022
Export Growth (CAGR) 37.4%Rnk 281 / 4648
2022
Share of World Trade 0.0057%Rnk 1872 / 4648

About

Overview This page contains the latest trade data of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m. In 2022, Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were the world's 1872nd most traded product, with a total trade of $1.34B. Between 2021 and 2022 the exports of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m grew by 37.4%, from $979M to $1.34B. Trade in Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m represent 0.0057% of total world trade.

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

Exports In 2022 the top exporters of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m  were China ($202M), Japan ($196M), Turkey ($124M), Italy ($117M), and Poland ($97.2M).

Imports In 2022 the top importers of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Germany ($156M), South Korea ($139M), United States ($100M), Singapore ($74M), and Netherlands ($64.5M).

Ranking Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m ranks 1307th in the Product Complexity Index (PCI).

Description Non-alloy steel sections, l/t, and iron are commonly used in the construction of buildings, bridges, and other structures. The sections are used to make various structural components, such as beams, columns, and girders. L/t is used to make beams, columns, and girders, while iron is used to make columns and girders.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Sections,L/T,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.

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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$202M
Top Destination (2022)Germany$156M

In 2022 Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were the world's 1872nd most traded product (out of 4,648).

In 2022, the top exporters of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were China ($202M), Japan ($196M), Turkey ($124M), Italy ($117M), and Poland ($97.2M).

In 2022, the top importers of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Germany ($156M), South Korea ($139M), United States ($100M), Singapore ($74M), and Netherlands ($64.5M).

Explore Visualizations

Exporters of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2022)
[Click to Select a Country]

Importers of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$155M
Top Destination Growth (2021 -  2022)South Korea$74M

Between 2021 and 2022, the exports of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m grew the fastest in China ($155M), Japan ($41.3M), Canada ($30.4M), Poland ($24.2M), and Czechia ($22.6M).

Between 2021 and 2022, the fastest growing importers of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were South Korea ($74M), Singapore ($55.3M), Indonesia ($47.2M), United States ($34.2M), and Germany ($30.6M).

Explore Visualizations

Exporters of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2021 - 2022)

Importers of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m are explained by 17 countries.

Explore Visualizations

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

Net Trade

TOP NET EXPORTER (2022)Japan$196M
TOP NET IMPORTER (2022)South Korea$132M

This map shows which countries export or import more of Sections,L/T,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,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Japan ($196M), China ($138M), Turkey ($117M), Italy ($95M), and Czechia ($71.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were South Korea ($132M), Germany ($110M), Singapore ($67.1M), Netherlands ($60.4M), and Indonesia ($51.2M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Sections,L/T,iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m.
It is possible to select the main countries that export or import Sections,L/T,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,L/T,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 (2022)

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