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Metal rolling mills: top exporters and importers (2024)

In 2024, world trade in metal rolling mills totaled $6.9 billion (960 thousand tonnes). The top exporters were China (34%), Italy (14%) and Germany (12%); the top importers were the United States (20%), India (14%) and Russia (4%). Compared with 2019, the value rose 24%.

Summary

World trade
$6.9billion
Tonnes
960thousand tonnes
Price per tonne
$7,224
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$2.4 billion · 34.2%
  2. Italy$952 million · 13.7%
  3. Germany$843 million · 12.2%
  4. South Korea$447 million · 6.5%
  5. Japan$276 million · 4%
  6. India$252 million · 3.6%
  7. Austria$191 million · 2.8%
  8. Turkey$177 million · 2.5%
  9. United States$165 million · 2.4%
  10. France$115 million · 1.7%
  11. Brazil$95 million · 1.4%
  12. Slovenia$89 million · 1.3%
  13. Malaysia$85 million · 1.2%
  14. United Kingdom$83 million · 1.2%
  15. Thailand$68 million · 0.98%
  16. Canada$67 million · 0.97%
  17. Sweden$65 million · 0.94%
  18. Spain$65 million · 0.94%
  19. Belgium$64 million · 0.92%
    re-exports
  20. Czechia$52 million · 0.75%

Top importers

  1. United States$1.4 billion · 20.1%
  2. India$970 million · 14%
  3. Russia$273 million · 3.9%
  4. Mexico$266 million · 3.8%
  5. Germany$246 million · 3.6%
  6. China$230 million · 3.3%
  7. Turkey$207 million · 3%
  8. Indonesia$206 million · 3%
  9. Vietnam$182 million · 2.6%
  10. South Korea$168 million · 2.4%
  11. Malaysia$166 million · 2.4%
  12. Italy$151 million · 2.2%
  13. Canada$117 million · 1.7%
  14. United Arab Emirates$116 million · 1.7%
  15. Japan$114 million · 1.6%
  16. Saudi Arabia$105 million · 1.5%
  17. Brazil$99 million · 1.4%
  18. Austria$95 million · 1.4%
  19. Egypt$93 million · 1.3%
  20. Spain$85 million · 1.2%

Trend

Who sells it

China has been the top exporter since 2016

Value in USD billions. The five largest exporters in 2024.

  • China 2.4
  • Italy 0.95
  • Germany 0.84
  • South Korea 0.45
  • Japan 0.28

Source: CEPII BACI

Show the numbers
Country19952024
China0.032.4
Italy0.360.95
Germany0.570.84
South Korea0.020.45
Japan0.670.28

Price

Implied price

The price per tonne rose 44% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $7,224

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$5,029
1996$5,025
1997$3,120
1998$5,859
1999$4,022
2000$4,485
2001$4,529
2002$4,522
2003$4,600
2004$5,358
2005$5,853
2006$6,288
2007$4,110
2008$8,123
2009$9,223
2010$7,652
2011$8,850
2012$8,611
2013$8,294
2014$7,909
2015$6,536
2016$6,640
2017$5,264
2018$6,067
2019$6,071
2020$6,164
2021$5,505
2022$6,602
2023$6,913
2024$7,224

What it includes

  • 8455 · Metal rolling mills

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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