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845510 (Harmonized System 1992 for 6-digit)

2023
World Trade $263MRnk 3445 / 4644
2023
Top Exporter | Top Importer $90M | $45.6MItaly | United States
2023
Product Complexity -0.036Rnk 2607 / 4656
2022 - 2023
Export Growth (CAGR) -15.5%Rnk 3284 / 4644
2023
Share of World Trade 0.0012%Rnk 3445 / 4644

About

Overview This page contains the latest trade data of Tube mills, metal rolling. In 2023, Tube mills, metal rolling were the world's 3445th most traded product, with a total trade of $263M. Between 2022 and 2023 the exports of Tube mills, metal rolling decreased by -15.5%, from $312M to $263M. Trade in Tube mills, metal rolling represent 0.0012% of total world trade.

Tube mills, metal rolling are a part of Metal-Rolling Mills.

Exports In 2023 the top exporters of Tube mills, metal rolling  were Italy ($90M), China ($70.3M), Germany ($25.5M), India ($14.3M), and Turkey ($11.2M).

Imports In 2023 the top importers of Tube mills, metal rolling were United States ($45.6M), India ($43.8M), Mexico ($17.7M), Poland ($14.2M), and Ecuador ($9.14M).

Ranking Tube mills, metal rolling ranks 2607th in the Product Complexity Index (PCI).

Description In a rolling mill, metal is heated and then passed through rollers, which flatten it. The mill can be a tube, plate or sheet mill, and it can be used for rolling or drawing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tube mills, metal rolling. 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)Italy$90M
Top Destination (2023)United States$45.6M

In 2023 Tube mills, metal rolling were the world's 3445th most traded product (out of 4,644).

In 2023, the top exporters of Tube mills, metal rolling were Italy ($90M), China ($70.3M), Germany ($25.5M), India ($14.3M), and Turkey ($11.2M).

In 2023, the top importers of Tube mills, metal rolling were United States ($45.6M), India ($43.8M), Mexico ($17.7M), Poland ($14.2M), and Ecuador ($9.14M).

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Exporters of Tube mills, metal rolling (2023)
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Importers of Tube mills, metal rolling (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$36M
Top Destination Growth (2022 -  2023)Poland$8.3M

Between 2022 and 2023, the exports of Tube mills, metal rolling grew the fastest in Italy ($36M), Germany ($5.69M), Thailand ($3.63M), Malaysia ($3.11M), and Japan ($2.87M).

Between 2022 and 2023, the fastest growing importers of Tube mills, metal rolling were Poland ($8.3M), Australia ($7.68M), Mexico ($7.2M), Sweden ($7.2M), and Austria ($5.75M).

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Exporters of Tube mills, metal rolling (2022 - 2023)

Importers of Tube mills, metal rolling (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tube mills, metal rolling.

In 2023, market concentration measured using Shannon Entropy, was 3.06. This means that most of the exports of Tube mills, metal rolling are explained by 8 countries.

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Value of Exports in Tube mills, metal rolling

Net Trade

TOP NET EXPORTER (2023)Italy$87.8M
TOP NET IMPORTER (2023)United States$40M

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

In 2023, the countries that had a largest trade value in exports than in imports of Tube mills, metal rolling were Italy ($87.8M), China ($68.8M), Germany ($23.8M), Turkey ($7.94M), and Japan ($6.68M).

In 2023, the countries that had a largest trade value in imports than in exports of Tube mills, metal rolling were United States ($40M), India ($29.5M), Mexico ($17.7M), Poland ($13.9M), and Australia ($7.76M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Tube mills, metal rolling 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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