Hot-Rolled Iron in   China

Overview In February 2024 China's Hot-Rolled Iron exports accounted up to $1.54B and imports accounted up to $81.8M, resulting in a positive trade balance of $1.45B. Between February 2023 and February 2024 the exports of China's   Hot-Rolled Iron have increased by $530M (52.7%) from $1.01B to $1.54B, while imports decreased by $-33M (-28.8%) from $115M to $81.8M.

Destinations In February 2024, Hot-Rolled Iron were exported mostly to Vietnam ($426M), United Arab Emirates ($168M), Turkey ($122M), South Korea ($112M), and Saudi Arabia ($99.6M), and were imported mostly from Japan ($52.5M), South Korea ($26.6M), Taiwan ($964k), Belgium ($754k), and Germany ($485k).

Growth In February 2024, the increase in Hot-Rolled Iron's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia ($92.3M or 618%), United Arab Emirates ($61.6M or 2.31k%), and South Korea ($44.9M or 57%). In February 2024, the decrease in Hot-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from Japan ($-96.7M or -64.2%), South Korea ($-30.4M or -35.9%), and Taiwan ($-2.99M or -69.3%).