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721240 (Harmonized System 1992 for 6-digit)

2023
World Trade $901MRnk 2230 / 4644
2023
Top Exporter | Top Importer $163M | $96MGermany | United States
2023
Product Complexity 0.22Rnk 2167 / 4656
2022 - 2023
Export Growth (CAGR) -17.5%Rnk 3468 / 4644
2023
Share of World Trade 0.004%Rnk 2230 / 4644

About

Overview This page contains the latest trade data of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated. In 2023, Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated were the world's 2230th most traded product, with a total trade of $901M. Between 2022 and 2023 the exports of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated decreased by -17.5%, from $1.09B to $901M. Trade in Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated represent 0.004% of total world trade.

Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated are a part of Large Coated Flat-Rolled Iron.

Exports In 2023 the top exporters of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated  were Germany ($163M), China ($159M), Belgium ($67.2M), South Korea ($61.3M), and France ($56.9M).

Imports In 2023 the top importers of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated were United States ($96M), France ($80.6M), Germany ($68M), Netherlands ($52.1M), and Poland ($43.4M).

Ranking Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated ranks 2167th in the Product Complexity Index (PCI).

Description The most common uses for this type of steel are for the manufacturing of household appliances, tools, bicycles, furniture, and construction materials.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated. 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$163M
Top Destination (2023)United States$96M

In 2023 Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated were the world's 2230th most traded product (out of 4,644).

In 2023, the top exporters of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated were Germany ($163M), China ($159M), Belgium ($67.2M), South Korea ($61.3M), and France ($56.9M).

In 2023, the top importers of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated were United States ($96M), France ($80.6M), Germany ($68M), Netherlands ($52.1M), and Poland ($43.4M).

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Exporters of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated (2023)
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Importers of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$5.67M
Top Destination Growth (2022 -  2023)Vietnam$9.3M

Between 2022 and 2023, the exports of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated grew the fastest in Netherlands ($5.67M), Belgium ($5.25M), Bulgaria ($3.94M), Thailand ($3.1M), and Ireland ($409k).

Between 2022 and 2023, the fastest growing importers of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated were Vietnam ($9.3M), Poland ($6.93M), Malaysia ($6.05M), Argentina ($3.3M), and Denmark ($2.75M).

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Exporters of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated (2022 - 2023)

Importers of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated.

In 2023, market concentration measured using Shannon Entropy, was 4.19. This means that most of the exports of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated are explained by 18 countries.

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Value of Exports in Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated

Net Trade

TOP NET EXPORTER (2023)China$147M
TOP NET IMPORTER (2023)United States$56.7M

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

In 2023, the countries that had a largest trade value in exports than in imports of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated were China ($147M), Germany ($94.6M), South Korea ($52.5M), Belgium ($32.6M), and Sweden ($26M).

In 2023, the countries that had a largest trade value in imports than in exports of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated were United States ($56.7M), Poland ($37.1M), Turkey ($25.4M), Netherlands ($25.2M), and France ($23.7M).

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 iron or non-alloy steel, <600mm, painted/plastic coated.
It is possible to select the main countries that export or import Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated 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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