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Iron or non-alloy steel; flat-rolled products, width 600mm or more, clad, plated or coated

7210 (Harmonized System 1992 for 4-digit)

2023
World Trade $57.3BRnk 72 / 1217
2023
Top Exporter | Top Importer $15.3B | $4.8BChina | United States
2023
Product Complexity 0.22Rnk 483 / 1044
2022 - 2023
Export Growth (CAGR) -17.8%Rnk 985 / 1217
2023
Share of World Trade 0.25%Rnk 72 / 1217

About

Overview This page contains the latest trade data of Coated Flat-Rolled Iron. In 2023, Coated Flat-Rolled Iron were the world's 72nd most traded product, with a total trade of $57.3B. Between 2022 and 2023 the exports of Coated Flat-Rolled Iron decreased by -17.8%, from $69.8B to $57.3B. Trade in Coated Flat-Rolled Iron represent 0.25% of total world trade.

Coated Flat-Rolled Iron are a part of Iron & steel. They include Zinc-Coated Flat Rolled Steel (Width >600mm, n.e.s.), 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, clad/plated/coated, w >600mm, nes, Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm, 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 2023 the top exporters of Coated Flat-Rolled Iron  were China ($15.3B), South Korea ($5.94B), Germany ($4.47B), Belgium ($3.12B), and Japan ($2.96B).

Imports In 2023 the top importers of Coated Flat-Rolled Iron were United States ($4.8B), Germany ($3.27B), Poland ($2.77B), Italy ($2.29B), and Thailand ($2.26B).

Ranking Coated Flat-Rolled Iron ranks 483rd 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.

Latest Trends

Latest Data

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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.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$15.3B
Top Destination (2023)United States$4.8B

In 2023 Coated Flat-Rolled Iron were the world's 72nd most traded product (out of 1,217).

In 2023, the top exporters of Coated Flat-Rolled Iron were China ($15.3B), South Korea ($5.94B), Germany ($4.47B), Belgium ($3.12B), and Japan ($2.96B).

In 2023, the top importers of Coated Flat-Rolled Iron were United States ($4.8B), Germany ($3.27B), Poland ($2.77B), Italy ($2.29B), and Thailand ($2.26B).

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Exporters of Coated Flat-Rolled Iron (2023)
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Importers of Coated Flat-Rolled Iron (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Djibouti$44.2M
Top Destination Growth (2022 -  2023)India$244M

Between 2022 and 2023, the exports of Coated Flat-Rolled Iron grew the fastest in Djibouti ($44.2M), Nepal ($35.7M), Australia ($32.2M), Tunisia ($24.4M), and Egypt ($18.8M).

Between 2022 and 2023, the fastest growing importers of Coated Flat-Rolled Iron were India ($244M), Japan ($183M), Ukraine ($130M), Morocco ($82.6M), and Ethiopia ($71.1M).

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Exporters of Coated Flat-Rolled Iron (2022 - 2023)

Importers of Coated Flat-Rolled Iron (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Coated Flat-Rolled Iron.

In 2023, market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Coated Flat-Rolled Iron are explained by 19 countries.

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Value of Exports in Coated Flat-Rolled Iron

Net Trade

TOP NET EXPORTER (2023)China$14.3B
TOP NET IMPORTER (2023)United States$3.16B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Coated Flat-Rolled Iron were China ($14.3B), South Korea ($4.52B), Belgium ($2.1B), Japan ($1.78B), and Netherlands ($1.31B).

In 2023, the countries that had a largest trade value in imports than in exports of Coated Flat-Rolled Iron were United States ($3.16B), Poland ($2.4B), Thailand ($2.17B), Mexico ($1.32B), and Spain ($1.19B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Coated Flat-Rolled Iron, disaggragated by their HS6 level were Zinc-Coated Flat Rolled Steel (Width >600mm,... ($26.9B), Flat rolled iron or non-alloy steel,... ($12.2B), Flat rolled iron or non-alloy steel,... ($6.75B), Flat rolled iron or non-alloy steel,... ($4.52B), and Flat rolled iron or non-alloy steel,... ($2.68B)

HS6 Disaggregation for Coated Flat-Rolled Iron (2023)
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Country Comparison

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Ranking

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.

Top 10 Exporters Countries of Coated Flat-Rolled Iron by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $308M
TOP IMPORT POTENTIALSouth Korea+ $86.2M

Coated Flat-Rolled Iron’s highest export potential is United States. With an export gap of $308M.  Coated Flat-Rolled Iron’s highest import potential is South Korea with an import gap of $86.2M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Coated Flat-Rolled Iron.

Country by Relatedness

The following visualization shows the relatedness of Coated Flat-Rolled Iron to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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