Iron or non-alloy steel; flat-rolled products, width 600mm or more, cold-rolled (cold-reduced), not clad, plated or coated

7209 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Cold-Rolled Iron. In 2022, Cold-Rolled Iron were the world's 227th most traded product, with a total trade of $19.3B. Between 2021 and 2022 the exports of Cold-Rolled Iron decreased by -14.9%, from $22.7B to $19.3B. Trade in Cold-Rolled Iron represent 0.082% of total world trade.

Cold-Rolled Iron are a part of Iron & steel. They include Cold rolled iron or non-alloy steel, coil, width >600mm, t 0.5-1mm, nes, Cold rolled iron or non-alloy steel, coil, width >600mm, t 1-3mm, nes, Cold rolled iron or non-alloy steel, coil, width >600mm, t <0.5mm, nes, Cold rolled iron or non-alloy steel, flat, width >600mm, t 1-3mm, nes, Cold rolled iron or non-alloy steel, flat, width >600mm, t 0.5-1mm, nes, Cold rolled iron or non-alloy steel, flat, width >600mm, nes, Cold rolled iron or non-alloy steel, coil, width >600mm, t >3mm, nes, Cold rolled iron or non-alloy steel, flat, width >600mm, t >3mm, nes, Cold rolled iron or non-alloy steel, coil, w >600mm, t <0.5mm, 275..., and Cold rolled iron or non-alloy steel, flat, width >600mm, t <0.5mm, nes, among others.

Exports In 2022 the top exporters of Cold-Rolled Iron  were South Korea ($3.19B), China ($2.87B), Japan ($1.62B), Chinese Taipei ($1.21B), and Belgium ($1.2B).

Imports In 2022 the top importers of Cold-Rolled Iron were United States ($1.77B), Mexico ($1.16B), China ($1.02B), Germany ($896M), and Thailand ($835M).

Ranking Cold-Rolled Iron ranks 571st 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 and steel.

Latest Data

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The following visualization shows the latest trends on Cold-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 (2022)South Korea$3.19B
Top Destination (2022)United States$1.77B

In 2022 Cold-Rolled Iron were the world's 227th most traded product (out of 1,218).

In 2022, the top exporters of Cold-Rolled Iron were South Korea ($3.19B), China ($2.87B), Japan ($1.62B), Chinese Taipei ($1.21B), and Belgium ($1.2B).

In 2022, the top importers of Cold-Rolled Iron were United States ($1.77B), Mexico ($1.16B), China ($1.02B), Germany ($896M), and Thailand ($835M).

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Exporters of Cold-Rolled Iron (2022)
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Importers of Cold-Rolled Iron (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Belgium$158M
Top Destination Growth (2021 -  2022)United States$186M

Between 2021 and 2022, the exports of Cold-Rolled Iron grew the fastest in Belgium ($158M), Canada ($146M), South Korea ($126M), Mexico ($85.9M), and Luxembourg ($75.3M).

Between 2021 and 2022, the fastest growing importers of Cold-Rolled Iron were United States ($186M), Indonesia ($82.4M), France ($77.3M), India ($48M), and Egypt ($45.5M).

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Exporters of Cold-Rolled Iron (2021 - 2022)

Importers of Cold-Rolled Iron (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Cold-Rolled Iron are explained by 21 countries.

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Value of Exports in Cold-Rolled Iron

Net Trade

TOP NET EXPORTER (2022)South Korea$3B
TOP NET IMPORTER (2022)United States$1.23B

This map shows which countries export or import more of Cold-Rolled Iron. Each country is colored based on the difference in exports and imports of Cold-Rolled Iron during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cold-Rolled Iron were South Korea ($3B), China ($1.84B), Japan ($965M), Chinese Taipei ($843M), and Canada ($528M).

In 2022, the countries that had a largest trade value in imports than in exports of Cold-Rolled Iron were United States ($1.23B), Mexico ($891M), Thailand ($743M), Indonesia ($716M), and Poland ($703M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Cold-Rolled Iron, disaggragated by their HS6 level were Cold rolled iron or non-alloy steel,... ($8.18B), Cold rolled iron or non-alloy steel,... ($6.35B), Cold rolled iron or non-alloy steel,... ($2.56B), Cold rolled iron or non-alloy steel,... ($720M), and Cold rolled iron or non-alloy steel,... ($542M)

HS6 Disaggregation for Cold-Rolled Iron (2022)
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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 Cold-Rolled Iron.
It is possible to select the main countries that export or import Cold-Rolled Iron in the world, or by continent, as well as select the measure of interest.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALMexico+ $3.11M
TOP IMPORT POTENTIALChina+ $5.86M

Cold-Rolled Iron’s highest export potential is Mexico. With an export gap of $3.11M.  Cold-Rolled Iron’s highest import potential is China with an import gap of $5.86M.

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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 (2022)

Country by Relatedness

The following visualization shows the relatedness of Cold-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 (2022)

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