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Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne

721049 (Harmonized System 1992 for 6-digit)

2023
World Trade $26.9BRnk 112 / 4644
2023
Top Exporter | Top Importer $5.76B | $1.97BChina | Germany
2023
Product Complexity 0.21Rnk 2192 / 4656
2022 - 2023
Export Growth (CAGR) -13.3%Rnk 3077 / 4644
2023
Share of World Trade 0.12%Rnk 112 / 4644

About

Overview This page contains the latest trade data of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne. In 2023, Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were the world's 112th most traded product, with a total trade of $26.9B. Between 2022 and 2023 the exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne decreased by -13.3%, from $31B to $26.9B. Trade in Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne represent 0.12% 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 2023 the top exporters of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne  were China ($5.76B), South Korea ($2.74B), Germany ($2.35B), Belgium ($1.83B), and Italy ($1.13B).

Imports In 2023 the top importers of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were Germany ($1.97B), United States ($1.55B), Spain ($1.46B), Poland ($1.39B), and Thailand ($1.39B).

Ranking Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne ranks 2192nd 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.

Latest Trends

Latest Data

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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.

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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$5.76B
Top Destination (2023)Germany$1.97B

In 2023 Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were the world's 112th most traded product (out of 4,644).

In 2023, the top exporters of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were China ($5.76B), South Korea ($2.74B), Germany ($2.35B), Belgium ($1.83B), and Italy ($1.13B).

In 2023, the top importers of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were Germany ($1.97B), United States ($1.55B), Spain ($1.46B), Poland ($1.39B), and Thailand ($1.39B).

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Exporters of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne (2023)
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Importers of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$168M
Top Destination Growth (2022 -  2023)South Korea$284M

Between 2022 and 2023, the exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne grew the fastest in United States ($168M), Slovakia ($86.7M), Australia ($39.6M), Austria ($32.5M), and Spain ($27M).

Between 2022 and 2023, the fastest growing importers of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were South Korea ($284M), Morocco ($172M), Japan ($159M), Turkey ($83.2M), and India ($79.8M).

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Exporters of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne (2022 - 2023)

Importers of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne (2022 - 2023)

Market Concentration

Value

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 2023, market concentration measured using Shannon Entropy, was 4.34. This means that most of the exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne are explained by 20 countries.

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Value of Exports in Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne

Net Trade

TOP NET EXPORTER (2023)China$5.3B
TOP NET IMPORTER (2023)Thailand$1.36B

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 2023.

In 2023, 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 ($5.3B), South Korea ($1.79B), Belgium ($1.25B), Vietnam ($765M), and Netherlands ($644M).

In 2023, 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 ($1.36B), Poland ($1.28B), Spain ($971M), Mexico ($788M), and Czechia ($684M).

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, 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.

Top 10 Exporters Countries of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne 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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