Exports In 2022, China exported $11.2B in Hot-Rolled Iron, making it the 2nd largest exporter of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 72nd most exported product in China. The main destination of Hot-Rolled Iron exports from China are: Vietnam ($2.55B), South Korea ($1.4B), Saudi Arabia ($745M), Turkey ($688M), and United Arab Emirates ($546M).
The fastest growing export markets for Hot-Rolled Iron of China between 2021 and 2022 were Vietnam ($2.02B), South Korea ($706M), and Turkey ($614M).
Imports In 2022, China imported $1.98B in Hot-Rolled Iron, becoming the 11th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 144th most imported product in China. China imports Hot-Rolled Iron primarily from: Japan ($1.22B), South Korea ($583M), Chinese Taipei ($35.6M), Russia ($34.7M), and Kazakhstan ($30.8M).
The fastest growing import markets in Hot-Rolled Iron for China between 2021 and 2022 were Russia ($34.7M), South Korea ($30.7M), and Kazakhstan ($18.2M).
COMPANIES In 2023, leading companies such as TPV Tech (13), Costco Wholesale (2), and At Home Procurement (2) were at the forefront of shipping Hot-Rolled Iron from China to the United States.