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European Union | Imports and Exports | World | Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 7214 "Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling" from European Union totalled $ 984 million in 2023. Sales of commodity group 7214 from European Union went up by 14.1% compared to 2022: exports of commodity group 7214 "Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling" went up by $ 121 million (cumulative exports of commodity group 7214 from European Union amounted $862 million in 2022)

Exports of commodity group 7214 "Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling" amounted to 0.035% of total exports from European Union (cumulative merchandise exports from European Union totalled $ 2.76 trillion in 2023). The share of commodity group 7214 in total exports from European Union increased by 0.001 p.p. compared to 2022 (it was 0.034% in 2022 and cumulative exports from European Union were equal to $ 2.5 trillion).

Exports of commodity group 7214 amounted to 2.63% of total sales of group "" from European Union in 2023 (the value of exports of commodity group from European Union amounted to $37 billion in 2023). The share of exports of commodity group 7214 in sales of commodity group from European Union increased by 0.404 p.p. compared to 2022 (it was 2.22% in 2022, and exports of commodity group from European Union were $38 billion).

Exports | European Union | 7214

Export destinations of 7214 Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling from European Union

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Where does European Union export Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling?

Top export destinations of "Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling" from European Union in 2023:

United Kingdom with a share of 29% (290 million US$)
Switzerland with a share of 12.7% (125 million US$)
USA with a share of 12.6% (124 million US$)
Canada with a share of 6.95% (68 million US$)
Mexico with a share of 5.71% (56 million US$)
Turkey with a share of 4.05% (39 million US$)
Serbia with a share of 3.69% (36 million US$)
Norway with a share of 3.6% (35 million US$)
Bosnia and Herzegovina with a share of 2.37% (23 million US$)
Albania with a share of 2.26% (22 million US$)

Exports structure of 7214 - Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling - from European Union in 2023 represented by the following main commodity groups:

63% (629 million US$): 721420 - Bars & rods of iron/non-alloy steel (excl. of 72,13), cont. indentations/ribs/grooves/other deformations produced during the rolling process/twisted after rolling
17.8% (176 million US$): 721499 - Bars & rods of iron/non-alloy steel (excl. of 72.13), not further worked than forged/hot-rolled/hot-drawn/hot-extruded but incl. those twisted after rolling (excl. of 7214.10-7214.91)
10.8% (107 million US$): 721491 - Bars & rods of iron/non-alloy steel (excl. of 72.13), not further worked than forged/hot-rolled/hot-drawn/hot-extruded but incl. those twisted after rolling, of rect. (excl. square) cross-section
6.19% (60 million US$): 721430 - Bars & rods of iron/non-alloy steel (excl. of 72.13), of free-cutting steel, not further worked than forged/hot-rolled/hot-drawn/hot-extruded but incl.those twisted after rolling
1% (9.91 million US$): 721410 - Bars & rods of iron/non-alloy steel (excl. of 72.13), not further worked than forged

The value of imports of commodity group 7214 "Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling" to European Union totalled $ 1.45 billion in 2023. Sales of commodity group 7214 to European Union decreased by 32% in value terms compared to 2022. imports of commodity group 7214 "Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling" decreased by $ 706 million (the value of imports of commodity group 7214 to European Union was equal to $2.15 billion in 2022)

Imports of commodity group 7214 "Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling" accounted for 0.053% of total import flow to European Union (in 2023, total imports to European Union amounted to $ 2.71 trillion). The share of commodity group 7214 in total imports to European Union decreased by 0.017 p.p. compared to 2022 (it was 0.071% in 2022 and cumulative imports to European Union were equal to $ 3.02 trillion).

Imports of commodity group 7214 reached 3.19% of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled $45 billion in 2023). The share of purchases of commodity group 7214 in imports of commodity group to European Union went down by 0.492 p.p. compared to 2022 (it was 3.68% in 2022, and imports of commodity group to European Union accounted for $58 billion).

Imports of commodity group 7214 reached 99 percent of total imports of group "" to European Union in 2023 (imports of commodity group to European Union totalled 1.45 billion USD in 2023). The share of purchases of commodity group 7214 in imports of commodity group to European Union went down by 0 p.p. compared to 2022 (it was 100 percent in 2022, and imports of commodity group to European Union accounted for 2.15 billion USD).

Imports | European Union | 7214

Sources of imports of 7214 Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling for European Union