722699 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Flat rolled alloy-steel, <600mm wide, nes. In 2023, Flat rolled alloy-steel, <600mm wide, nes were the world's 2253rd most traded product, with a total trade of $880M. Between 2022 and 2023 the exports of Flat rolled alloy-steel, <600mm wide, nes decreased by -6.71%, from $943M to $880M. Trade in Flat rolled alloy-steel, <600mm wide, nes represent 0.0039% of total world trade.

Flat rolled alloy-steel, <600mm wide, nes are a part of Flat-Rolled Iron.

Exports In 2023 the top exporters of Flat rolled alloy-steel, <600mm wide, nes  were Germany ($145M), Austria ($127M), United States ($115M), China ($111M), and Japan ($67.4M).

Imports In 2023 the top importers of Flat rolled alloy-steel, <600mm wide, nes were Germany ($86.7M), United States ($73M), Canada ($58M), China ($56.8M), and Mexico ($55.3M).

Ranking Flat rolled alloy-steel, <600mm wide, nes ranks 593rd in the Product Complexity Index (PCI).

Description Common uses for flat rolled alloy-steel, less than 600mm wide, include sheet metal, structural plate, structural shapes, and cold-rolled sheet. What is the difference between cold-rolled and hot-rolled steel? Cold-rolled steel is produced at lower temperatures than the hot-rolled steel, which is more likely to deform.

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Flat rolled alloy-steel, <600mm wide, nes. 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)Germany$145M
Top Destination (2023)Germany$86.7M

In 2023 Flat rolled alloy-steel, <600mm wide, nes were the world's 2253rd most traded product (out of 4,644).

In 2023, the top exporters of Flat rolled alloy-steel, <600mm wide, nes were Germany ($145M), Austria ($127M), United States ($115M), China ($111M), and Japan ($67.4M).

In 2023, the top importers of Flat rolled alloy-steel, <600mm wide, nes were Germany ($86.7M), United States ($73M), Canada ($58M), China ($56.8M), and Mexico ($55.3M).

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Exporters of Flat rolled alloy-steel, <600mm wide, nes (2023)
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Importers of Flat rolled alloy-steel, <600mm wide, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$9.57M
Top Destination Growth (2022 -  2023)India$11.5M

Between 2022 and 2023, the exports of Flat rolled alloy-steel, <600mm wide, nes grew the fastest in United States ($9.57M), Italy ($4.56M), Slovakia ($3.68M), Chinese Taipei ($3.63M), and Canada ($2.82M).

Between 2022 and 2023, the fastest growing importers of Flat rolled alloy-steel, <600mm wide, nes were India ($11.5M), Mexico ($9.42M), Russia ($7.98M), Sweden ($6.62M), and Czechia ($5.87M).

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Exporters of Flat rolled alloy-steel, <600mm wide, nes (2022 - 2023)

Importers of Flat rolled alloy-steel, <600mm wide, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Flat rolled alloy-steel, <600mm wide, nes.

In 2023, market concentration measured using Shannon Entropy, was 4. This means that most of the exports of Flat rolled alloy-steel, <600mm wide, nes are explained by 16 countries.

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Value of Exports in Flat rolled alloy-steel, <600mm wide, nes

Net Trade

TOP NET EXPORTER (2023)Austria$114M
TOP NET IMPORTER (2023)Mexico$54.2M

This map shows which countries export or import more of Flat rolled alloy-steel, <600mm wide, nes. Each country is colored based on the difference in exports and imports of Flat rolled alloy-steel, <600mm wide, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Flat rolled alloy-steel, <600mm wide, nes were Austria ($114M), Germany ($58.6M), Japan ($58.1M), China ($54.2M), and United States ($42.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Flat rolled alloy-steel, <600mm wide, nes were Mexico ($54.2M), Thailand ($53.2M), India ($49M), Sweden ($34.1M), and Canada ($27.9M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Flat rolled alloy-steel, <600mm wide, nes.
It is possible to select the main countries that export or import Flat rolled alloy-steel, <600mm wide, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Flat rolled alloy-steel, <600mm wide, nes by percentage of total exports

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)

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