Flat Flat-Rolled SteelAlloy steel flat-rolled products, of a width 600mm or more
7225 (Harmonized System 1992 for 4-digit)
2021 World Trade: $38.7B, Rnk 115 / 1217
2021 Top Exporter | Top Importer: $9.35B | $2.66B, China | China
2021 Product Complexity: 1.35, Rnk 77 / 1024
2020 - 2021 Export Growth (CAGR): 58.5%, Rnk 63 / 1217
2018 Mean Tariff: 4.83%, Rnk 855 / 1259
2021 Share of World Trade: 0.0018%, Rnk 115 / 1217
Overview This page contains the latest trade data of Flat Flat-Rolled Steel. In 2021, Flat Flat-Rolled Steel were the world's 115th most traded product, with a total trade of $38.7B. Between 2020 and 2021 the exports of Flat Flat-Rolled Steel grew by 58.5%, from $24.4B to $38.7B. Trade in Flat Flat-Rolled Steel represent 0.0018% of total world trade.
Flat Flat-Rolled Steel are a part of Iron & steel. They include Flat rolled alloy-steel, width >600mm, nes, Hot rolled alloy-steel, coils width >600mm, nes, Hot rolled alloy-steel, not in coil width >600mm, nes, Flat rolled silicon-electrical steel, width >600mm, Cold rolled alloy-steel, width >600mm, nes, and Flat rolled high speed steel width >600mm.
Exports In 2021 the top exporters of Flat Flat-Rolled Steel were China ($9.35B), Japan ($5.58B), Germany ($3.29B), South Korea ($2.76B), and France ($2.28B).
Imports In 2021 the top importers of Flat Flat-Rolled Steel were China ($2.66B), Mexico ($2.41B), Germany ($2.31B), Vietnam ($2.25B), and Thailand ($2.07B).
Tariffs In 2018 the average tariff for Flat Flat-Rolled Steel was 4.83%, making it the 855th lowest tariff using the HS4 product classification.
Ranking Flat Flat-Rolled Steel ranks 77th in the Product Complexity Index (PCI).
Description Flat-rolled products of alloy steel other than stainless are used in the production of other goods. They can be made from a variety of materials, including copper, nickel, and chromium.
The following visualization shows the latest trends on Flat Flat-Rolled Steel. 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
Flat Flat-Rolled Steel are the world's 115th most traded product.
In 2021, the top exporters of Flat Flat-Rolled Steel were China ($9.35B), Japan ($5.58B), Germany ($3.29B), South Korea ($2.76B), and France ($2.28B).
In 2021, the top importers of Flat Flat-Rolled Steel were China ($2.66B), Mexico ($2.41B), Germany ($2.31B), Vietnam ($2.25B), and Thailand ($2.07B).
Trade by country
Between 2020 and 2021, the exports of Flat Flat-Rolled Steel grew the fastest in China ($3.72B), Japan ($2.2B), Germany ($908M), South Korea ($906M), and France ($828M).
Between 2020 and 2021, the fastest growing importers of Flat Flat-Rolled Steel were Vietnam ($985M), Mexico ($974M), Thailand ($964M), Italy ($836M), and Turkey ($777M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Flat Flat-Rolled Steel.
In 2021, market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Flat Flat-Rolled Steel are explained by 15 countries.
This map shows which countries export or import more of Flat Flat-Rolled Steel. Each country is colored based on the difference in exports and imports of Flat Flat-Rolled Steel during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Flat Flat-Rolled Steel were China ($6.69B), Japan ($5.27B), Austria ($1.62B), France ($1.49B), and South Korea ($1.38B).
In 2021, the countries that had a largest trade value in imports than in exports of Flat Flat-Rolled Steel were Mexico ($2.4B), Vietnam ($2.04B), Thailand ($2.02B), Italy ($1.55B), and Turkey ($1.42B).
In 2021, the world most traded Flat Flat-Rolled Steel, disaggragated by their HS6 level were Flat rolled alloy-steel, width >600mm, nes ($11.1B), Hot rolled alloy-steel, coils width >600mm,... ($10.9B), Hot rolled alloy-steel, not in coil... ($6.3B), Flat rolled silicon-electrical steel, width >600mm ($5.94B), and Cold rolled alloy-steel, width >600mm, nes ($4.35B)
This visualization shows the countries that have an important ratio of their trade related to Flat Flat-Rolled Steel. It is possible to select the main countries that export or import Flat Flat-Rolled Steel 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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