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721621 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.27BRnk 1922 / 4648
2022
Top Exporter | Top Importer $334M | $165MTurkey | United States
2022
Product Complexity -1.04Rnk 3864 / 4653
2021 - 2022
Export Growth (CAGR) -0.21%Rnk 2992 / 4648
2022
Share of World Trade 0.0054%Rnk 1922 / 4648

About

Overview This page contains the latest trade data of Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m. In 2022, Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m were the world's 1922nd most traded product, with a total trade of $1.27B. Between 2021 and 2022 the exports of Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m decreased by -0.21%, from $1.28B to $1.27B. Trade in Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m represent 0.0054% of total world trade.

Sections, L, 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, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m  were Turkey ($334M), China ($210M), Mexico ($92.8M), Spain ($76.2M), and Italy ($72.9M).

Imports In 2022 the top importers of Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m were United States ($165M), Germany ($66.8M), Canada ($52.5M), Malaysia ($50.9M), and South Korea ($50.6M).

Ranking Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m ranks 3864th in the Product Complexity Index (PCI).

Description Sections, iron or non- alloy steel, nfw hot-roll/drawn/extruded <80m are used in a variety of applications to meet a specific structural need. They are used in the construction of buildings where they are used as columns and beams, in the construction of cranes and bridges where they are used for structural support, and in the construction of ships where they are used for the construction of bulkheads.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Sections, L, 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)Turkey$334M
Top Destination (2022)United States$165M

In 2022 Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m were the world's 1922nd most traded product (out of 4,648).

In 2022, the top exporters of Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m were Turkey ($334M), China ($210M), Mexico ($92.8M), Spain ($76.2M), and Italy ($72.9M).

In 2022, the top importers of Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m were United States ($165M), Germany ($66.8M), Canada ($52.5M), Malaysia ($50.9M), and South Korea ($50.6M).

Explore Visualizations

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

Importers of Sections, L, 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$117M
Top Destination Growth (2021 -  2022)South Korea$33.2M

Between 2021 and 2022, the exports of Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m grew the fastest in China ($117M), Canada ($25M), United States ($10.4M), Czechia ($8.34M), and Japan ($6.09M).

Between 2021 and 2022, the fastest growing importers of Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m were South Korea ($33.2M), United States ($22.5M), Mexico ($19M), Yemen ($12.5M), and Canada ($10.2M).

Explore Visualizations

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

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

In 2022, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m are explained by 15 countries.

Explore Visualizations

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

Net Trade

TOP NET EXPORTER (2022)Turkey$332M
TOP NET IMPORTER (2022)United States$99.6M

This map shows which countries export or import more of Sections, L, 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, 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, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m were Turkey ($332M), China ($209M), Spain ($72.4M), Italy ($58.5M), and Mexico ($49.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Sections, L, iron or non-alloy steel, nfw hot-roll/drawn/extruded < 80m were United States ($99.6M), Germany ($51.3M), South Korea ($49.3M), Malaysia ($48.3M), and Morocco ($35.5M).

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, 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, 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, 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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