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721190 (Harmonized System 1992 for 6-digit)

2022
World Trade $496MRnk 2942 / 4648
2022
Top Exporter | Top Importer $92M | $35.9MGermany | Austria
2022
Product Complexity 0.44Rnk 1731 / 4653
2021 - 2022
Export Growth (CAGR) -3.89%Rnk 3463 / 4648
2022
Share of World Trade 0.0021%Rnk 2942 / 4648

About

Overview This page contains the latest trade data of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes. In 2022, Flat rolled iron or non-alloy steel, width <600mm, unclad, nes were the world's 2942nd most traded product, with a total trade of $496M. Between 2021 and 2022 the exports of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes decreased by -3.89%, from $516M to $496M. Trade in Flat rolled iron or non-alloy steel, width <600mm, unclad, nes represent 0.0021% 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 2022 the top exporters of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes  were Germany ($92M), China ($74.1M), United States ($42.7M), Czechia ($35.3M), and South Korea ($30.3M).

Imports In 2022 the top importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes were Austria ($35.9M), Thailand ($30.7M), Canada ($28.2M), Germany ($26.9M), and Poland ($24.5M).

Ranking Flat rolled iron or non-alloy steel, width <600mm, unclad, nes ranks 1731st 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 (2022)Germany$92M
Top Destination (2022)Austria$35.9M

In 2022 Flat rolled iron or non-alloy steel, width <600mm, unclad, nes were the world's 2942nd most traded product (out of 4,648).

In 2022, the top exporters of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes were Germany ($92M), China ($74.1M), United States ($42.7M), Czechia ($35.3M), and South Korea ($30.3M).

In 2022, the top importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes were Austria ($35.9M), Thailand ($30.7M), Canada ($28.2M), Germany ($26.9M), and Poland ($24.5M).

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

Color
Top Origin Growth (2021 -  2022)United States$14.8M
Top Destination Decrease (2021 -  2022)Belarus-$15.5M

Between 2021 and 2022, the exports of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes grew the fastest in United States ($14.8M), China ($11.4M), Germany ($8.48M), Czechia ($7.79M), and Poland ($6.14M).

Between 2021 and 2022, the fastest declining importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes were Belarus (-$15.5M), Poland (-$15.2M), Thailand (-$11.5M), Pakistan (-$9.99M), and India (-$7.76M).

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Exporters of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes (2021 - 2022)

Importers of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes (2021 - 2022)

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 2022, market concentration measured using Shannon Entropy, was 4.18. This means that most of the exports of Flat rolled iron or non-alloy steel, width <600mm, unclad, nes are explained by 18 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 (2022)China$69.4M
TOP NET IMPORTER (2022)Austria$29.4M

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 2022.

In 2022, 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 China ($69.4M), Germany ($65.1M), Greece ($28.4M), United States ($25.6M), and Russia ($19.4M).

In 2022, 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 Austria ($29.4M), Thailand ($28.2M), Canada ($27.4M), Uzbekistan ($20.7M), and Mexico ($16.6M).

Net Trade (2022)

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 (2022)

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