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721250 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.01BRnk 2097 / 4644
2023
Top Exporter | Top Importer $297M | $149MChina | Philippines
2023
Product Complexity 1.03Rnk 735 / 4656
2022 - 2023
Export Growth (CAGR) 3.83%Rnk 1148 / 4644
2023
Share of World Trade 0.0045%Rnk 2097 / 4644

About

Overview This page contains the latest trade data of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes. In 2023, Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were the world's 2097th most traded product, with a total trade of $1.01B. Between 2022 and 2023 the exports of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes grew by 3.83%, from $973M to $1.01B. Trade in Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes represent 0.0045% of total world trade.

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

Exports In 2023 the top exporters of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes  were China ($297M), Germany ($137M), South Korea ($131M), Vietnam ($79.5M), and United States ($71.8M).

Imports In 2023 the top importers of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were Philippines ($149M), China ($134M), Indonesia ($107M), Malaysia ($64.5M), and France ($57.1M).

Ranking Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes ranks 735th in the Product Complexity Index (PCI).

Description Some common uses of flat rolled iron or non-alloy steel, <600mm, plated/coated include formwork for concrete, metal shelves, and shelving.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Flat rolled iron or non-alloy steel, <600mm, plated/coated, 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)China$297M
Top Destination (2023)Philippines$149M

In 2023 Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were the world's 2097th most traded product (out of 4,644).

In 2023, the top exporters of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were China ($297M), Germany ($137M), South Korea ($131M), Vietnam ($79.5M), and United States ($71.8M).

In 2023, the top importers of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were Philippines ($149M), China ($134M), Indonesia ($107M), Malaysia ($64.5M), and France ($57.1M).

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

Color
Top Origin Growth (2022 -  2023)China$125M
Top Destination Growth (2022 -  2023)Philippines$76.4M

Between 2022 and 2023, the exports of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes grew the fastest in China ($125M), United States ($8.09M), Slovakia ($4.04M), Sweden ($4.03M), and Portugal ($3.39M).

Between 2022 and 2023, the fastest growing importers of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were Philippines ($76.4M), Canada ($11M), Malaysia ($10.9M), Vietnam ($10.4M), and Poland ($10.2M).

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

Importers of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes (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, plated/coated, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes are explained by 12 countries.

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

Net Trade

TOP NET EXPORTER (2023)China$163M
TOP NET IMPORTER (2023)Philippines$149M

This map shows which countries export or import more of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes. Each country is colored based on the difference in exports and imports of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes 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, plated/coated, nes were China ($163M), South Korea ($124M), Germany ($97.5M), Vietnam ($61.7M), and Belgium ($49.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes were Philippines ($149M), Indonesia ($102M), France ($44.6M), Malaysia ($41.4M), and India ($34.4M).

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, plated/coated, nes.
It is possible to select the main countries that export or import Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes 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, plated/coated, 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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