721633 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m. In 2022, Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were the world's 546th most traded product, with a total trade of $7.12B. Between 2021 and 2022 the exports of Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m grew by 29.9%, from $5.49B to $7.12B. Trade in Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m represent 0.03% of total world trade.

Sections, H, 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, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m  were China ($1.12B), Luxembourg ($1.1B), Germany ($804M), Spain ($744M), and South Korea ($700M).

Imports In 2022 the top importers of Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Canada ($682M), Germany ($458M), Netherlands ($373M), United States ($368M), and South Korea ($365M).

Ranking Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m ranks 1642nd in the Product Complexity Index (PCI).

Description Sections, which are rigid or semi-rigid, can be used in applications such as frames for buildings, automobile frames, and bridges. H, iron or non-alloy steel, which is a malleable metal, is used in applications such as boilers, pipes, and many other industrial products. NFW hot-roll/drawn/extruded > 80m is a malleable metal that is used in applications such as springs, wire, and most hardware.

Latest Data

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The following visualization shows the latest trends on Sections, H, 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.

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)China$1.12B
Top Destination (2022)Canada$682M

In 2022 Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were the world's 546th most traded product (out of 4,648).

In 2022, the top exporters of Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were China ($1.12B), Luxembourg ($1.1B), Germany ($804M), Spain ($744M), and South Korea ($700M).

In 2022, the top importers of Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Canada ($682M), Germany ($458M), Netherlands ($373M), United States ($368M), and South Korea ($365M).

Explore Visualizations

Exporters of Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2022)
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Importers of Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$816M
Top Destination Growth (2021 -  2022)Philippines$160M

Between 2021 and 2022, the exports of Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m grew the fastest in China ($816M), Luxembourg ($145M), Spain ($125M), United States ($95.8M), and South Korea ($93.2M).

Between 2021 and 2022, the fastest growing importers of Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Philippines ($160M), Malaysia ($150M), United States ($134M), Turkey ($88.4M), and Burma ($77.1M).

Explore Visualizations

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

Importers of Sections, H, 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, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m.

In 2022, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m are explained by 16 countries.

Explore Visualizations

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

Net Trade

TOP NET EXPORTER (2022)Luxembourg$1.1B
TOP NET IMPORTER (2022)Canada$675M

This map shows which countries export or import more of Sections, H, 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, H, 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, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Luxembourg ($1.1B), China ($1.09B), Spain ($719M), Germany ($346M), and South Korea ($335M).

In 2022, the countries that had a largest trade value in imports than in exports of Sections, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m were Canada ($675M), Philippines ($315M), Netherlands ($315M), Malaysia ($264M), and France ($219M).

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, H, iron or non-alloy steel, nfw hot-roll/drawn/extruded > 80m.
It is possible to select the main countries that export or import Sections, H, 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, H, 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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