Large Coated Flat-Rolled Iron in China 2021 Exports | Imports : $689M | $192M, World Rnk 2 / 130 Rnk 482 / 1215 | World Rnk 8 / 211 Rnk 526 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $61.1M | $37.2M, Philippines | South Korea
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Large Coated Flat-Rolled Iron: 0.51, Rnk 367 / 1029
Exports In 2021, China exported $689M in Large Coated Flat-Rolled Iron, making it the 2nd largest exporter of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 482nd most exported product in China. The main destination of Large Coated Flat-Rolled Iron exports from China are: Philippines ($93.6M), Malaysia ($63.6M), Indonesia ($48.6M), Bangladesh ($46.2M), and Vietnam ($36.1M).
The fastest growing export markets for Large Coated Flat-Rolled Iron of China between 2020 and 2021 were Philippines ($61.1M), Malaysia ($54.8M), and Bangladesh ($38.3M).
Imports In 2021, China imported $192M in Large Coated Flat-Rolled Iron, becoming the 8th largest importer of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 526th most imported product in China. China imports Large Coated Flat-Rolled Iron primarily from: South Korea ($73.5M), Japan ($44.2M), Germany ($19.1M), United States ($12.8M), and Chinese Taipei ($10.5M).
The fastest growing import markets in Large Coated Flat-Rolled Iron for China between 2020 and 2021 were South Korea ($37.2M), Japan ($9.9M), and United States ($4.37M).
Tariffs In 2018, the average tariff for China in Large Coated Flat-Rolled Iron was 5.35%. The countries with the highest import tariffs for Large Coated Flat-Rolled Iron were Hong Kong (Most Favoured Nation duty rate treatment, 7.4%), Burkina Faso (Most Favoured Nation duty rate treatment, 6.83%), Botswana (Most Favoured Nation duty rate treatment, 6.83%), Cote d'Ivoire (Most Favoured Nation duty rate treatment, 6.83%), and Cameroon (Most Favoured Nation duty rate treatment, 6.83%).
February 2023
Overview In February 2023 China's Large Coated Flat-Rolled Iron exports accounted up to $238M and imports accounted up to $19.6M, resulting in a positive trade balance of $218M. Between February 2022 and February 2023 the exports of China's Large Coated Flat-Rolled Iron have increased by $129M (119%) from $109M to $238M, while imports increased by $2.34M (13.6%) from $17.2M to $19.6M.
Destinations In February 2023, Large Coated Flat-Rolled Iron were exported mostly to Philippines ($168M), Bangladesh ($12.2M), Indonesia ($7.63M), Dominican Republic ($5.12M), and Vietnam ($5.07M), and were imported mostly from South Korea ($12.5M), Japan ($2.37M), United States ($1.5M), Germany ($745k), and Taiwan ($629k).
Growth In February 2023, the increase in Large Coated Flat-Rolled Iron's year-by-year exports was explained primarily by an increase in exports to Philippines ($75.2M or 199%), Bangladesh ($12.9M or 544%), and Indonesia ($3.33M or 121%). In February 2023, the increase in Large Coated Flat-Rolled Iron's year-by-year imports was explained primarily by an increase in imports from South Korea ($2.91M or 62.7%), Taiwan ($680k or 39.9%), and Belgium ($79.8k or 1.44k%).
EXPORT GROWTH (February 2022 - February 2023): $129M, (119%)
IMPORT GROWTH (February 2022 - February 2023): $2.34M, (13.6%)
MAIN EXPORTER (February 2023): Jiangxi Province, $57.2M
MAIN DESTINATION (February 2023): Philippines, $168M
This section shows Large Coated 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 Coated Flat-Rolled Iron over time.
For full datasets download visit Bulk Download page.
EXPORTS (2021): $689M
IMPORTS (2021): $192M
NET TRADE (2021): $497M
In 2021, China exported $689M in Large Coated Flat-Rolled Iron. The main destinations of China exports on Large Coated Flat-Rolled Iron were Philippines ($93.6M), Malaysia ($63.6M), Indonesia ($48.6M), Bangladesh ($46.2M), and Vietnam ($36.1M).
In 2021, China imported $192M in Large Coated Flat-Rolled Iron, mainly from South Korea ($73.5M), Japan ($44.2M), Germany ($19.1M), United States ($12.8M), and Chinese Taipei ($10.5M).
THE FASTEST GROWING Large Coated Flat-Rolled Iron EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Coated Flat-Rolled Iron BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Large Coated Flat-Rolled Iron were:
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.14 mule