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721190 (Harmonized System 1992 for 6-digit)

2023
World Trade $538MRnk 2773 / 4644
2023
Top Exporter | Top Importer $95.8M | $73.4MGermany | Bahrain
2023
Product Complexity 0.38Rnk 1893 / 4656
2022 - 2023
Export Growth (CAGR) 4.7%Rnk 1066 / 4644
2023
Share of World Trade 0.0024%Rnk 2773 / 4644

About

Overview This page contains the latest trade data of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes. In 2023, Flat rolled iron or non-alloy steel, width <600mm, unclad, nes were the world's 2773rd most traded product, with a total trade of $538M. Between 2022 and 2023 the exports of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes grew by 4.7%, from $514M to $538M. Trade in Flat rolled iron or non-alloy steel, width <600mm, unclad, nes represent 0.0024% of total world trade.

Flat rolled iron or non-alloy steel, width <600mm, unclad, nes 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, nes  were Germany ($95.8M), United Arab Emirates ($82.6M), China ($81.8M), Italy ($35M), and United States ($31.1M).

Imports In 2023 the top importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes were Bahrain ($73.4M), Philippines ($31.9M), Poland ($25.1M), Czechia ($24.1M), and Slovakia ($22.9M).

Ranking Flat rolled iron or non-alloy steel, width <600mm, unclad, nes ranks 1893rd in the Product Complexity Index (PCI).

Description A common use for flat rolled steel is to use it to make the metal sheets for cars. In order to make a car, the metal sheets are heated to up to 2,000 degrees Fahrenheit. The metal sheets are then put on a conveyor belt, and the metal pieces are welded together.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Flat rolled iron or non-alloy steel, width <600mm, unclad, 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)Germany$95.8M
Top Destination (2023)Bahrain$73.4M

In 2023 Flat rolled iron or non-alloy steel, width <600mm, unclad, nes were the world's 2773rd most traded product (out of 4,644).

In 2023, the top exporters of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes were Germany ($95.8M), United Arab Emirates ($82.6M), China ($81.8M), Italy ($35M), and United States ($31.1M).

In 2023, the top importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes were Bahrain ($73.4M), Philippines ($31.9M), Poland ($25.1M), Czechia ($24.1M), and Slovakia ($22.9M).

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

Color
Top Origin Growth (2022 -  2023)United Arab Emirates$81.4M
Top Destination Growth (2022 -  2023)Bahrain$73.1M

Between 2022 and 2023, the exports of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes grew the fastest in United Arab Emirates ($81.4M), Italy ($13.7M), Portugal ($4.92M), China ($2.89M), and Oman ($2.84M).

Between 2022 and 2023, the fastest growing importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes were Bahrain ($73.1M), Slovakia ($15.7M), India ($6.91M), Philippines ($6.74M), and Czechia ($4.45M).

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

Importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, 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, width <600mm, unclad, nes.

In 2023, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes are explained by 16 countries.

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Value of Exports in Flat rolled iron or non-alloy steel, width <600mm, unclad, nes

Net Trade

TOP NET EXPORTER (2023)Germany$75.8M
TOP NET IMPORTER (2023)Bahrain$73.4M

This map shows which countries export or import more of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes. Each country is colored based on the difference in exports and imports of Flat rolled iron or non-alloy steel, width <600mm, unclad, 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, width <600mm, unclad, nes were Germany ($75.8M), China ($74.8M), United Arab Emirates ($73.8M), Greece ($20.1M), and Italy ($18.3M).

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, nes were Bahrain ($73.4M), Canada ($20.8M), Poland ($20.2M), Hungary ($17.9M), and France ($16.2M).

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