Coated Flat-Rolled IronIron or non-alloy steel; flat-rolled products, width 600mm or more, clad, plated or coated
7210 (Harmonized System 1992 for 4-digit)
2021 World Trade: $72.4B, Rnk 48 / 1217
2021 Top Exporter | Top Importer: $20.1B | $6.28B, China | United States
2021 Product Complexity: 0.024, Rnk 540 / 1024
2020 - 2021 Export Growth (CAGR): 66%, Rnk 46 / 1217
2018 Mean Tariff: 5.81%, Rnk 732 / 1259
2021 Share of World Trade: 0.0034%, Rnk 48 / 1217
Overview This page contains the latest trade data of Coated Flat-Rolled Iron. In 2021, Coated Flat-Rolled Iron were the world's 48th most traded product, with a total trade of $72.4B. Between 2020 and 2021 the exports of Coated Flat-Rolled Iron grew by 66%, from $43.6B to $72.4B. Trade in Coated Flat-Rolled Iron represent 0.0034% of total world trade.
Coated Flat-Rolled Iron are a part of Iron & steel. They include Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne, Flat rolled iron or non-alloy steel, painted/plastic coated,width>600mm, Flat rolled iron or non-alloy steel, coated with tin, w >600mm, t..., Flat rolled iron or non-alloy steel, electro plate/zinc,w >600mm, nes, Flat rolled iron or non-alloy steel, coated with aluminium, width>600mm, Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm, Flat rolled iron or non-alloy steel, clad/plated/coated, w >600mm, nes, Flat rolled iron or non-alloy steel, coat/zinc, corrugated, w >600m, ne, Flat rolled iron or non-alloy steel, coated with tin, w >600mm, t..., and Flat rolled iron or non-alloy steel, coated with lead, width >600mm, among others.
Exports In 2021 the top exporters of Coated Flat-Rolled Iron were China ($20.1B), South Korea ($7.21B), Vietnam ($3.77B), Germany ($3.62B), and Belgium ($3.14B).
Imports In 2021 the top importers of Coated Flat-Rolled Iron were United States ($6.28B), Germany ($3.78B), Poland ($3.09B), Belgium ($2.9B), and Thailand ($2.84B).
Tariffs In 2018 the average tariff for Coated Flat-Rolled Iron was 5.81%, making it the 732nd lowest tariff using the HS4 product classification.
Ranking Coated Flat-Rolled Iron ranks 540th in the Product Complexity Index (PCI).
Description Flat-rolled products of iron or non-alloy steel are used in the production of other goods. They can be made from a variety of materials, including iron, stainless steel, and aluminum.
The following visualization shows the latest trends on Coated Flat-Rolled Iron. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): China, $20.1B
Top Destination (2021): United States, $6.28B
Coated Flat-Rolled Iron are the world's 48th most traded product.
In 2021, the top exporters of Coated Flat-Rolled Iron were China ($20.1B), South Korea ($7.21B), Vietnam ($3.77B), Germany ($3.62B), and Belgium ($3.14B).
In 2021, the top importers of Coated Flat-Rolled Iron were United States ($6.28B), Germany ($3.78B), Poland ($3.09B), Belgium ($2.9B), and Thailand ($2.84B).
Trade by country
Top Origin Growth (2020 - 2021): China, $8.89B
Top Destination Growth (2020 - 2021): United States, $3.14B
Between 2020 and 2021, the exports of Coated Flat-Rolled Iron grew the fastest in China ($8.89B), Vietnam ($2.55B), South Korea ($2.11B), Turkey ($1.56B), and India ($1.49B).
Between 2020 and 2021, the fastest growing importers of Coated Flat-Rolled Iron were United States ($3.14B), Belgium ($1.72B), Germany ($1.47B), Poland ($1.27B), and Mexico ($1.16B).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Coated Flat-Rolled Iron.
In 2021, market concentration measured using Shannon Entropy, was 4.3. This means that most of the exports of Coated Flat-Rolled Iron are explained by 19 countries.
TOP NET EXPORTER (2021): China, $18.5B
TOP NET IMPORTER (2021): United States, $4.95B
This map shows which countries export or import more of Coated Flat-Rolled Iron. Each country is colored based on the difference in exports and imports of Coated Flat-Rolled Iron during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Coated Flat-Rolled Iron were China ($18.5B), South Korea ($5.26B), Vietnam ($2.55B), Chinese Taipei ($2.02B), and Japan ($2B).
In 2021, the countries that had a largest trade value in imports than in exports of Coated Flat-Rolled Iron were United States ($4.95B), Thailand ($2.73B), Poland ($2.54B), Mexico ($1.86B), and Philippines ($1.8B).
In 2021, the world most traded Coated Flat-Rolled Iron, disaggragated by their HS6 level were Flat rolled iron or non-alloy steel,... ($34.4B), Flat rolled iron or non-alloy steel,... ($17.8B), Flat rolled iron or non-alloy steel,... ($6.62B), Flat rolled iron or non-alloy steel,... ($6.37B), and Flat rolled iron or non-alloy steel,... ($3.27B)
This visualization shows the countries that have an important ratio of their trade related to Coated Flat-Rolled Iron. It is possible to select the main countries that export or import Coated Flat-Rolled Iron in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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