2022
Exports | Imports
$5.89B | $2.32BWorld Rnk 2 / 120
Flag Rnk 119 / 1216
World Rnk 4 / 201
Flag Rnk 134 / 1212
2022
ECONOMIC COMPLEXITY of China
1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Flat Flat-Rolled Steel
1.44Rnk 56 / 1025

About

Exports In 2022, China exported $5.89B in Flat Flat-Rolled Steel, making it the 2nd largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 119th most exported product in China. The main destination of Flat Flat-Rolled Steel exports from China are: Thailand ($799M), Indonesia ($612M), Turkey ($558M), South Korea ($468M), and Saudi Arabia ($406M).

The fastest growing export markets for Flat Flat-Rolled Steel of China between 2021 and 2022 were Thailand ($293M), India ($179M), and Indonesia ($160M).

Imports In 2022, China imported $2.32B in Flat Flat-Rolled Steel, becoming the 4th largest importer of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 134th most imported product in China. China imports Flat Flat-Rolled Steel primarily from: Japan ($1.18B), South Korea ($480M), Sweden ($165M), Germany ($129M), and Chinese Taipei ($111M).

The fastest growing import markets in Flat Flat-Rolled Steel for China between 2021 and 2022 were France ($29.4M), Russia ($17.9M), and United States ($3.59M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (222) and GITI TIRE (USA) LTD. (39) were at the forefront of shipping Flat Flat-Rolled Steel from China to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-157M(-31.5%)
IMPORT GROWTH (February 2023 - February 2024)$-14.2M(-9.91%)
MAIN EXPORTER (February 2024)Guangdong Province$80.3M
MAIN DESTINATION (February 2024)Saudi Arabia$44M

This section shows Flat Flat-Rolled Steel'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 Flat Flat-Rolled Steel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.89B
IMPORTS (2022)$2.32B
NET TRADE (2022)$3.57B

In 2022, China exported $5.89B in Flat Flat-Rolled Steel. The main destinations of China exports on Flat Flat-Rolled Steel were Thailand ($799M), Indonesia ($612M), Turkey ($558M), South Korea ($468M), and Saudi Arabia ($406M).

In 2022, China imported $2.32B in Flat Flat-Rolled Steel, mainly from Japan ($1.18B), South Korea ($480M), Sweden ($165M), Germany ($129M), and Chinese Taipei ($111M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat Flat-Rolled Steel EXPORT MARKETS FOR China WERE (2021 - 2022):
Thailand$293M (57.9%)
India$179M (115%)
Indonesia$160M (35.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat Flat-Rolled Steel BY China WERE (2021 - 2022):
Vietnam-$1.65B (-90.4%)
South Korea-$523M (-52.8%)
Pakistan-$363M (-93%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Flat Flat-Rolled Steel were:
Japan $6.3B
Germany $3.91B
In 2022, China's main importing competitors in Flat Flat-Rolled Steel were:
Mexico $2.75B
Germany $2.58B
Italy $2.38B

Explore Visualizations

Trade Value of Flat Flat-Rolled Steel by Exporters

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