Destination
Republic of Korea
- Latest exports
- $145.0M
- Market share
- 98.5%
- Growth
- +30.9%
- Access
- FTA reported
- Signal
- Growing
T3 · Product exporter position
China exports of Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, other than of rectangular cross-section (HS 721499)
See where China stands in iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, other than of rectangular cross-section: export scale, destination breadth, market position, growth, and reported trade history.
Latest exports
$681.9MLatest observed lane totalDestination markets
178Reported active marketsThree-year growth
+35.4%Annualized changeDestination HHI
816Destination concentrationWeighted share
56.8%Reported market positionExporter evidence
How strong is China in Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, other than of rectangular cross-section?
Reported exporter totals and calculated indicators for HS 721499. Values retain their observed coverage period.
Exporter scale
Latest exports$681.9M
Current 2024 exports$681.2M
Three-year average$664.2M
Historical peak$1.2B
Market position
Active destinations178
Destination HHI816
Weighted share56.8%
Share change+3.7 pp
Competitiveness
Three-year growth+35.4%
Volatility1.4
Maximum drawdown96.4%
TrendRapid growth
| Measure | Value | What it describes |
|---|---|---|
| Exporter | China | Country represented by this profile |
| Latest observed exports | $681.9M | Sum of latest observed destination-lane values |
| Current 2024 exports | $681.2M | Common-year comparison where reported |
| Three-year growth | +35.4% | Annualized change in exporter totals |
| Five-year growth | +36.5% | Annualized change in exporter totals |
| Leading destination | KOR | Destination with the largest observed export value |
| Leading destination share | 21.3% | Share of observed exporter totals |
| Destination concentration | 816 | HHI across destination markets |
| Weighted share change | +3.7 pp | Value-weighted latest change in market share |
| Limited-history lanes | 5.2% | Share of lanes with shorter history |
Destination markets
Where does China sell iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, other than of rectangular cross-section?
Leading destination observations ranked by reported export value, with market position and access context.
| Destination | Latest exports | Market share | Growth | Access | Signal |
|---|---|---|---|---|---|
| Republic of Korea | $145.0M | 98.5% | +30.9% | FTA reported | Growing |
| Viet Nam | $76.4M | 65.4% | +35.8% | FTA reported | Accelerating |
| Thailand | $57.6M | 26.3% | +12.3% | FTA reported | Growing |
| Philippines | $41.0M | 95.7% | +5.9% | FTA reported | Accelerating |
| Belgium | $33.4M | 45.7% | +61.6% | 0% tariff | Accelerating |
| Indonesia | $31.0M | 42.9% | +34.2% | FTA reported | Accelerating |
| Italy | $28.4M | 30.1% | +37% | 0% tariff | Growing |
| India | $23.6M | 85.8% | +204% | 0.5% tariff | Growing |
| Spain | $22.1M | 20.5% | +89.2% | 0% tariff | Growing |
| Mexico | $21.7M | 11.5% | +122.5% | 0.1% tariff | Accelerating |
| South Africa | $17.3M | 68.5% | +101.1% | 0.1% tariff | Accelerating |
| Taiwan | $16.3M | 51.7% | +85.6% | Not reported | Accelerating |
| Brazil | $16.2M | 29.6% | +29.8% | 0.3% tariff | Growing |
| Germany | $15.6M | 5.2% | +58.1% | 0% tariff | Growing |
| Turkey | $14.4M | 45.9% | +639.8% | 0.1% tariff | Accelerating |
Destination
Viet Nam
- Latest exports
- $76.4M
- Market share
- 65.4%
- Growth
- +35.8%
- Access
- FTA reported
- Signal
- Accelerating
Destination
Thailand
- Latest exports
- $57.6M
- Market share
- 26.3%
- Growth
- +12.3%
- Access
- FTA reported
- Signal
- Growing
Destination
Philippines
- Latest exports
- $41.0M
- Market share
- 95.7%
- Growth
- +5.9%
- Access
- FTA reported
- Signal
- Accelerating
Destination
Belgium
- Latest exports
- $33.4M
- Market share
- 45.7%
- Growth
- +61.6%
- Access
- 0% tariff
- Signal
- Accelerating
Destination
Indonesia
- Latest exports
- $31.0M
- Market share
- 42.9%
- Growth
- +34.2%
- Access
- FTA reported
- Signal
- Accelerating
Destination
Italy
- Latest exports
- $28.4M
- Market share
- 30.1%
- Growth
- +37%
- Access
- 0% tariff
- Signal
- Growing
Destination
India
- Latest exports
- $23.6M
- Market share
- 85.8%
- Growth
- +204%
- Access
- 0.5% tariff
- Signal
- Growing
Destination
Spain
- Latest exports
- $22.1M
- Market share
- 20.5%
- Growth
- +89.2%
- Access
- 0% tariff
- Signal
- Growing
Destination
Mexico
- Latest exports
- $21.7M
- Market share
- 11.5%
- Growth
- +122.5%
- Access
- 0.1% tariff
- Signal
- Accelerating
Destination
South Africa
- Latest exports
- $17.3M
- Market share
- 68.5%
- Growth
- +101.1%
- Access
- 0.1% tariff
- Signal
- Accelerating
Destination
Taiwan
- Latest exports
- $16.3M
- Market share
- 51.7%
- Growth
- +85.6%
- Access
- Not reported
- Signal
- Accelerating
Destination
Brazil
- Latest exports
- $16.2M
- Market share
- 29.6%
- Growth
- +29.8%
- Access
- 0.3% tariff
- Signal
- Growing
Destination
Germany
- Latest exports
- $15.6M
- Market share
- 5.2%
- Growth
- +58.1%
- Access
- 0% tariff
- Signal
- Growing
Destination
Turkey
- Latest exports
- $14.4M
- Market share
- 45.9%
- Growth
- +639.8%
- Access
- 0.1% tariff
- Signal
- Accelerating
Price intelligence
How does China's price position vary?
Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.
Highest reported price
Hungary: $148.0K / ton.
Lowest reported price
Zambia: $31.5 / ton.
Median price
$878.0 / ton across reported markets.
Export trend
Reported export history
Annual observations for China and HS 721499 where available.
| Year | Exports | Year-on-year change | Active destinations |
|---|---|---|---|
| 2010 | $218.1M | +48.9% | 139 |
| 2011 | $295.1M | +35.3% | 138 |
| 2012 | $214.8M | -27.2% | 147 |
| 2013 | $241.5M | +12.5% | 146 |
| 2014 | $269.2M | +11.5% | 156 |
| 2015 | $254.3M | -5.5% | 161 |
| 2016 | $156.2M | -38.6% | 165 |
| 2017 | $116.1M | -25.7% | 167 |
| 2018 | $156.7M | +35% | 163 |
| 2019 | $143.8M | -8.2% | 173 |
| 2020 | $132.5M | -7.8% | 169 |
| 2021 | $274.7M | +107.3% | 166 |
| 2022 | $641.6M | +133.5% | 173 |
| 2023 | $669.7M | +4.4% | 177 |
| 2024 | $681.2M | +1.7% | 178 |
Exporter context
China economy and trade network
The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 721499.
China has reported exports of $3.5T and a trade balance of $1.2T in 2024.
Available structural indicators include 34.6% trade openness, 44.5% investment, and 270 active trade partners.
Reported values
Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.
Calculated indicators
Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.
Coverage
Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.
Frequently asked questions
Questions about China iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, other than of rectangular cross-section exports
Quick answers based on the figures and coverage shown on this page.
How strong is this exporter?+
Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.
Which markets are most important?+
The destination table ranks reported markets by the latest observed export value.
Does the price section show quotes?+
No. It summarizes reported trade value and quantity observations converted to unit values.
What should be checked next?+
Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.