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Pricing

2022
Exports | Imports $429M | $385MWorld Rnk 3 / 131
Flag Rnk 425 / 1217
World Rnk 3 / 213
Flag Rnk 614 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $52M | $31.3MMexico |  United Arab Emirates
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Large Coated Flat-Rolled Iron0.62Rnk 323 / 1025

About

Exports In 2022, United States exported $429M in Large Coated Flat-Rolled Iron, making it the 3rd largest exporter of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 425th most exported product in United States. The main destination of Large Coated Flat-Rolled Iron exports from United States are: Mexico ($202M), Canada ($143M), China ($14.7M), Germany ($12.5M), and Austria ($11.2M).

The fastest growing export markets for Large Coated Flat-Rolled Iron of United States between 2021 and 2022 were Mexico ($52M), Canada ($27.5M), and Austria ($4.25M).

Imports In 2022, United States imported $385M in Large Coated Flat-Rolled Iron, becoming the 3rd largest importer of Large Coated Flat-Rolled Iron in the world. At the same year, Large Coated Flat-Rolled Iron was the 614th most imported product in United States. United States imports Large Coated Flat-Rolled Iron primarily from: Germany ($75.5M), Canada ($71.5M), United Arab Emirates ($61.1M), Mexico ($41.2M), and Vietnam ($23.1M).

The fastest growing import markets in Large Coated Flat-Rolled Iron for United States between 2021 and 2022 were United Arab Emirates ($31.3M), Germany ($30M), and China ($11.1M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (2.14k), ABB MOTORS AND MECHANICAL INC (1.29k), and SAMSUNG ELECTRONICS AMERICA (392) were at the forefront of shipping Large Coated Flat-Rolled Iron to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Large Coated Flat-Rolled Iron exports accounted up to $28.5M and imports accounted up to $25.4M, resulting in a positive trade balance of $3.14M. Between January 2023 and January 2024 the exports of United States'   Large Coated Flat-Rolled Iron have increased by $514k (1.84%) from $28M to $28.5M, while imports increased by $5.03M (24.7%) from $20.3M to $25.4M.

Destinations In January 2024, Large Coated Flat-Rolled Iron were exported mostly to Canada ($14.3M), Mexico ($11M), China ($902k), Italy ($659k), and Brazil ($434k), and were imported mostly from Canada ($6.23M), Germany ($5.85M), United Arab Emirates ($3.59M), Vietnam ($1.97M), and Mexico ($1.71M).

Growth In January 2024, the increase in Large Coated Flat-Rolled Iron's year-by-year exports was explained primarily by an increase in exports to Japan ($631k or 215%), South Korea ($541k or 1.04k%), and Dominican Republic ($65.6k or 843%). In January 2024, the increase in Large Coated Flat-Rolled Iron's year-by-year imports was explained primarily by an increase in imports from Germany ($3.97M or 171%), Belgium ($1.43M or 492%), and Spain ($320k or 171%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$514k(1.84%)
IMPORT GROWTH (January 2023 - January 2024)$5.03M(24.7%)
MAIN EXPORTER (January 2024)Illinois$5.85M
MAIN DESTINATION (January 2024)Canada$14.3M

This section shows Large Coated Flat-Rolled Iron's exports and imports data at subnational level for United States. 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.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$429M
IMPORTS (2022)$385M
NET TRADE (2022)$43.6M

In 2022, United States exported $429M in Large Coated Flat-Rolled Iron. The main destinations of United States exports on Large Coated Flat-Rolled Iron were Mexico ($202M), Canada ($143M), China ($14.7M), Germany ($12.5M), and Austria ($11.2M).

In 2022, United States imported $385M in Large Coated Flat-Rolled Iron, mainly from Germany ($75.5M), Canada ($71.5M), United Arab Emirates ($61.1M), Mexico ($41.2M), and Vietnam ($23.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Coated Flat-Rolled Iron EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$52M (34.7%)
Canada$27.5M (23.8%)
Austria$4.25M (61%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Coated Flat-Rolled Iron BY United States WERE (2021 - 2022):
Germany-$1.66M (-11.7%)
Belgium-$1.53M (-80.3%)
Argentina-$1.16M (-77.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Large Coated Flat-Rolled Iron were:
China $1B
Germany $993M
In 2022, United States's main importing competitors in Large Coated Flat-Rolled Iron were:
Germany $519M
France $505M

Explore Visualizations

Trade Value of Large Coated Flat-Rolled Iron by Exporters

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