721141 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne. In 2023, Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne were the world's 1859th most traded product, with a total trade of $1.26B. Between 2022 and 2023 the exports of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne decreased by -20%, from $1.57B to $1.26B. Trade in Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne represent 0.0056% of total world trade.

Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne are a part of Large Flat-Rolled Iron.

Exports In 2023 the top exporters of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne  were Germany ($313M), Italy ($202M), United States ($100M), Austria ($90M), and China ($78.6M).

Imports In 2023 the top importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne were France ($158M), Germany ($114M), Austria ($88.4M), Mexico ($76.5M), and Czechia ($75.4M).

Ranking Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne ranks 1060th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, 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)Germany$313M
Top Destination (2023)France$158M

In 2023 Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne were the world's 1859th most traded product (out of 4,644).

In 2023, the top exporters of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne were Germany ($313M), Italy ($202M), United States ($100M), Austria ($90M), and China ($78.6M).

In 2023, the top importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne were France ($158M), Germany ($114M), Austria ($88.4M), Mexico ($76.5M), and Czechia ($75.4M).

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Exporters of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne (2023)
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Importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Nepal$6.86M
Top Destination Growth (2022 -  2023)South Korea$19.2M

Between 2022 and 2023, the exports of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne grew the fastest in Nepal ($6.86M), India ($2.69M), Hong Kong ($2.2M), Denmark ($1.33M), and Latvia ($1.18M).

Between 2022 and 2023, the fastest growing importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne were South Korea ($19.2M), India ($6.64M), Vietnam ($6M), Japan ($4.08M), and Egypt ($2.31M).

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Exporters of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne (2022 - 2023)

Importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, 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, width <600mm, unclad, <0.25% C, ne.

In 2023, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne are explained by 15 countries.

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Value of Exports in Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne

Net Trade

TOP NET EXPORTER (2023)Germany$200M
TOP NET IMPORTER (2023)France$142M

This map shows which countries export or import more of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne. Each country is colored based on the difference in exports and imports of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, 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, width <600mm, unclad, <0.25% C, ne were Germany ($200M), Italy ($178M), United States ($77M), China ($52.1M), and Turkey ($38.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, ne were France ($142M), Mexico ($72.4M), Hungary ($60.3M), Slovenia ($47.2M), and Poland ($44.6M).

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, width <600mm, unclad, <0.25% C, ne.
It is possible to select the main countries that export or import Flat rolled iron or non-alloy steel, width <600mm, unclad, <0.25% C, 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, width <600mm, unclad, <0.25% C, 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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