Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne721049 (Harmonized System 1992 for 6-digit)
2020 World Trade: $18.5B, Rnk 138 / 4613
2020 Top Exporter | Top Importer: $3.73B | $1.34B, China | Germany
2020 Product Complexity: -0.19, Rnk 2848 / 4783
2019 - 2020 Export Growth (CAGR): -17.1%, Rnk 3359 / 4613
2018 Mean Tariff: 6.22%, Rnk 3579 / 6538
2020 Share of World Trade: 0.11%, Rnk 138 / 4613
Overview This page contains the latest trade data of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne. In 2020, Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were the world's 138th most traded product, with a total trade of $18.5B. Between 2019 and 2020 the exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne decreased by -17.1%, from $22.3B to $18.5B. Trade in Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne represent 0.11% of total world trade.
Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne are a part of Coated Flat-Rolled Iron.
Exports In 2020 the top exporters of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were China ($3.73B), South Korea ($2.02B), Belgium ($1.31B), Germany ($1.25B), and Netherlands ($971M).
Imports In 2020 the top importers of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were Germany ($1.34B), Thailand ($1.13B), United States ($1.05B), Spain ($958M), and Poland ($758M).
Tariffs In 2018 the average tariff for Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne was 6.22%, making it the 3579th lowest tariff using the HS6 product classification.
Ranking Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne ranks 2848th in the Product Complexity Index (PCI).
Description Iron is a material that has a high tensile strength and is resistant to corrosion. Its main use is in construction where it is used for rebar, poles, beams, and columns. It is also used in other industries such as automobiles, appliances, and machinery.
The following visualization shows the latest trends on Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne. 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 rolled iron or non-alloy steel, coated with zinc, width >600mm, ne are the world's 138th most traded product.
In 2020, the top exporters of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were China ($3.73B), South Korea ($2.02B), Belgium ($1.31B), Germany ($1.25B), and Netherlands ($971M).
In 2020, the top importers of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were Germany ($1.34B), Thailand ($1.13B), United States ($1.05B), Spain ($958M), and Poland ($758M).
Trade by country
Between 2019 and 2020, the exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne grew the fastest in Turkey ($148M), Kazakhstan ($66M), Vietnam ($45.2M), Austria ($35.8M), and Finland ($28.8M).
Between 2019 and 2020, the fastest growing importers of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were Thailand ($169M), Saudi Arabia ($61.8M), Luxembourg ($33.7M), Cambodia ($26.9M), and Iran ($15.2M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne.
In 2020, market concentration measured using Shannon Entropy, was 4.45. This means that most of the exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne are explained by 21 countries.
This map shows which countries export or import more of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne. Each country is colored based on the difference in exports and imports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were China ($3.18B), South Korea ($1.56B), Belgium ($627M), Netherlands ($597M), and Turkey ($521M).
In 2020, the countries that had a largest trade value in imports than in exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were Thailand ($1.09B), Spain ($729M), Poland ($629M), Mexico ($618M), and United States ($500M).
This visualization shows the countries that have an important ratio of their trade related to Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne. It is possible to select the main countries that export or import Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne 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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