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Pricing

Alloy steel flat-rolled products, of a width of less than 600mm

7226 (Harmonized System 1992 for 4-digit)

2023
World Trade $4.68BRnk 563 / 1217
2023
Top Exporter | Top Importer $1.02B | $525MGermany | Germany
2023
Product Complexity 1.56Rnk 34 / 1044
2022 - 2023
Export Growth (CAGR) -7.16%Rnk 652 / 1217
2023
Share of World Trade 0.021%Rnk 563 / 1217

About

Overview This page contains the latest trade data of Flat-Rolled Iron. In 2023, Flat-Rolled Iron were the world's 563rd most traded product, with a total trade of $4.68B. Between 2022 and 2023 the exports of Flat-Rolled Iron decreased by -7.16%, from $5.04B to $4.68B. Trade in Flat-Rolled Iron represent 0.021% of total world trade.

Flat-Rolled Iron are a part of Iron & steel. They include Flat rolled silicon-electrical steel, <600mm wide, Cold rolled alloy-steel nes nfw, <600mm wide, Hot rolled alloy-steel nes nfw, <600mm wide, Flat rolled alloy-steel, <600mm wide, nes, and Flat rolled high speed steel <600mm wide.

Exports In 2023 the top exporters of Flat-Rolled Iron  were Germany ($1.02B), France ($542M), Austria ($491M), China ($436M), and United States ($382M).

Imports In 2023 the top importers of Flat-Rolled Iron were Germany ($525M), China ($327M), Canada ($258M), Poland ($244M), and Czechia ($234M).

Ranking Flat-Rolled Iron ranks 34th 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 carbon and chromium.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on 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)Germany$1.02B
Top Destination (2023)Germany$525M

In 2023 Flat-Rolled Iron were the world's 563rd most traded product (out of 1,217).

In 2023, the top exporters of Flat-Rolled Iron were Germany ($1.02B), France ($542M), Austria ($491M), China ($436M), and United States ($382M).

In 2023, the top importers of Flat-Rolled Iron were Germany ($525M), China ($327M), Canada ($258M), Poland ($244M), and Czechia ($234M).

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

Color
Top Origin Growth (2022 -  2023)France$137M
Top Destination Growth (2022 -  2023)Canada$30.4M

Between 2022 and 2023, the exports of Flat-Rolled Iron grew the fastest in France ($137M), Netherlands ($58.1M), Czechia ($22.8M), United States ($21.5M), and Spain ($8.87M).

Between 2022 and 2023, the fastest growing importers of Flat-Rolled Iron were Canada ($30.4M), South Korea ($19.2M), Poland ($17.5M), Mexico ($8.16M), and Ireland ($7.53M).

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Exporters of Flat-Rolled Iron (2022 - 2023)

Importers of Flat-Rolled Iron (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Flat-Rolled Iron are explained by 16 countries.

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Value of Exports in Flat-Rolled Iron

Net Trade

TOP NET EXPORTER (2023)Germany$490M
TOP NET IMPORTER (2023)Canada$204M

This map shows which countries export or import more of Flat-Rolled Iron. Each country is colored based on the difference in exports and imports of Flat-Rolled Iron during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Flat-Rolled Iron were Germany ($490M), Austria ($407M), France ($382M), Japan ($304M), and United States ($149M).

In 2023, the countries that had a largest trade value in imports than in exports of Flat-Rolled Iron were Canada ($204M), Switzerland ($182M), Poland ($182M), Mexico ($169M), and Czechia ($126M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Flat-Rolled Iron, disaggragated by their HS6 level were Flat rolled silicon-electrical steel, <600mm wide ($1.77B), Cold rolled alloy-steel nes nfw, <600mm... ($1.1B), Flat rolled alloy-steel, <600mm wide, nes ($880M), Hot rolled alloy-steel nes nfw, <600mm... ($854M), and Flat rolled high speed steel <600mm... ($67.6M)

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

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Flat-Rolled Iron.
It is possible to select the main countries that export or import Flat-Rolled Iron in the world, or by continent, as well as select the measure of interest.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALItaly+ $8.26M
TOP IMPORT POTENTIALItaly+ $2.05M

Flat-Rolled Iron’s highest export potential is Italy. With an export gap of $8.26M.  Flat-Rolled Iron’s highest import potential is Italy with an import gap of $2.05M.

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 Flat-Rolled Iron.

Country by Relatedness

The following visualization shows the relatedness of 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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