Large Flat-Rolled Iron in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $504M in Large Flat-Rolled Iron, making it the 3rd largest exporter of Large Flat-Rolled Iron in the world. At the same year, Large Flat-Rolled Iron was the 576th most exported product in China. The main destination of Large Flat-Rolled Iron exports from China are: Philippines ($95.5M), Vietnam ($50.9M), South Korea ($32.6M), Malaysia ($26.6M), and Pakistan ($25.2M).

The fastest growing export markets for Large Flat-Rolled Iron of China between 2021 and 2022 were Philippines ($64.7M), Pakistan ($15.5M), and Malaysia ($12.4M).

Imports In 2022, China imported $97M in Large Flat-Rolled Iron, becoming the 18th largest importer of Large Flat-Rolled Iron in the world. At the same year, Large Flat-Rolled Iron was the 658th most imported product in China. China imports Large Flat-Rolled Iron primarily from: South Korea ($29.7M), Germany ($17.8M), Japan ($15.8M), Chinese Taipei ($11M), and Sweden ($7.3M).

The fastest growing import markets in Large Flat-Rolled Iron for China between 2021 and 2022 were Sweden ($1.28M), Belgium ($766k), and Russia ($386k).

COMPANIES In 2023, leading companies such as CONAIR CORPORATION (1) were at the forefront of shipping Large Flat-Rolled Iron from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Large Flat-Rolled Iron exports accounted up to $29.4M and imports accounted up to $6.67M, resulting in a positive trade balance of $22.7M. Between March 2023 and March 2024 the exports of China's Large Flat-Rolled Iron have decreased by $-49.9M (-62.9%) from $79.3M to $29.4M, while imports decreased by $-998k (-13%) from $7.67M to $6.67M.

Destinations In March 2024, Large Flat-Rolled Iron were exported mostly to Vietnam ($7.71M), Philippines ($3.27M), Malaysia ($2.89M), Thailand ($1.9M), and Dominican Republic ($1.34M), and were imported mostly from Germany ($2.1M), South Korea ($1.98M), Japan ($980k), Chinese Taipei ($667k), and Sweden ($478k).

Growth In March 2024, the decrease in Large Flat-Rolled Iron's year-by-year exports was explained primarily by a decrease in exports to Bangladesh ($-4.15M or -97.3%), Vietnam ($-988k or -23.3%), and Cambodia ($-823k or -93.5%). In March 2024, the decrease in Large Flat-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-3.19M or -59.7%), Chinese Taipei ($-1.23M or -75.2%), and Japan ($-776k or -40.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-49.9M(-62.9%)

IMPORT GROWTH (March 2023 - March 2024)$-998k(-13%)

MAIN EXPORTER (March 2024)Guangdong Province$17.1M

MAIN DESTINATION (March 2024)Vietnam$7.71M

This section shows Large Flat-Rolled Iron's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Large Flat-Rolled Iron over time.

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