Have fun with OEC Games!
ITALY: New subnational monthly data !
New 50% OFF discount for academic accounts !
Sign In
Pricing

721119 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.08BRnk 1449 / 4648
2022
Top Exporter | Top Importer $411M | $247MGermany | Germany
2022
Product Complexity 0.13Rnk 2316 / 4653
2021 - 2022
Export Growth (CAGR) 1.25%Rnk 2782 / 4648
2022
Share of World Trade 0.0088%Rnk 1449 / 4648

About

Overview This page contains the latest trade data of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355. In 2022, Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were the world's 1449th most traded product, with a total trade of $2.08B. Between 2021 and 2022 the exports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 grew by 1.25%, from $2.05B to $2.08B. Trade in Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 represent 0.0088% of total world trade.

Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 are a part of Large Flat-Rolled Iron.

Exports In 2022 the top exporters of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355  were Germany ($411M), China ($192M), Italy ($186M), United States ($158M), and Hungary ($123M).

Imports In 2022 the top importers of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were Germany ($247M), France ($174M), Poland ($167M), United States ($157M), and Austria ($152M).

Ranking Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 ranks 2316th in the Product Complexity Index (PCI).

Description There are a number of uses of hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355. These metals are commonly used to produce household items such as pots and pans. They are also used in manufacturing machinery, automobiles, and buildings.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355. 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)Germany$411M
Top Destination (2022)Germany$247M

In 2022 Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were the world's 1449th most traded product (out of 4,648).

In 2022, the top exporters of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were Germany ($411M), China ($192M), Italy ($186M), United States ($158M), and Hungary ($123M).

In 2022, the top importers of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were Germany ($247M), France ($174M), Poland ($167M), United States ($157M), and Austria ($152M).

Explore Visualizations

Exporters of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 (2022)
[Click to Select a Country]

Importers of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$135M
Top Destination Growth (2021 -  2022)Philippines$57M

Between 2021 and 2022, the exports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 grew the fastest in China ($135M), Germany ($34.1M), United States ($28M), Slovakia ($23.3M), and Turkey ($17.1M).

Between 2021 and 2022, the fastest growing importers of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were Philippines ($57M), Spain ($24.5M), Iraq ($23.7M), Canada ($17.4M), and Pakistan ($15.6M).

Explore Visualizations

Exporters of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 (2021 - 2022)

Importers of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355.

In 2022, market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 are explained by 18 countries.

Explore Visualizations

Value of Exports in Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355

Net Trade

TOP NET EXPORTER (2022)China$178M
TOP NET IMPORTER (2022)France$151M

This map shows which countries export or import more of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355. Each country is colored based on the difference in exports and imports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were China ($178M), Germany ($165M), Italy ($145M), Hungary ($86.2M), and Turkey ($76.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 were France ($151M), Poland ($104M), Czechia ($78.7M), Austria ($54.8M), and Switzerland ($41.5M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355.
It is possible to select the main countries that export or import Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hot rolled iron or non-alloy steel, w <600mm, t<3mm myp275/t>3mm myp355 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms