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722510 (Harmonized System 1992 for 6-digit)

2023
World Trade $6.58BRnk 556 / 4644
2023
Top Exporter | Top Importer $1.95B | $981MChina | India
2023
Product Complexity 1.24Rnk 419 / 4656
2022 - 2023
Export Growth (CAGR) -16.8%Rnk 3406 / 4644
2023
Share of World Trade 0.029%Rnk 556 / 4644

About

Overview This page contains the latest trade data of Flat rolled silicon-electrical steel, width >600mm. In 2023, Flat rolled silicon-electrical steel, width >600mm were the world's 556th most traded product, with a total trade of $6.58B. Between 2022 and 2023 the exports of Flat rolled silicon-electrical steel, width >600mm decreased by -16.8%, from $7.9B to $6.58B. Trade in Flat rolled silicon-electrical steel, width >600mm represent 0.029% of total world trade.

Flat rolled silicon-electrical steel, width >600mm are a part of Flat Flat-Rolled Steel.

Exports In 2023 the top exporters of Flat rolled silicon-electrical steel, width >600mm  were China ($1.95B), Japan ($1.31B), Germany ($601M), South Korea ($562M), and Russia ($462M).

Imports In 2023 the top importers of Flat rolled silicon-electrical steel, width >600mm were India ($981M), Italy ($950M), Turkey ($555M), Mexico ($531M), and Canada ($340M).

Ranking Flat rolled silicon-electrical steel, width >600mm ranks 419th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Flat rolled silicon-electrical steel, width >600mm. 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$1.95B
Top Destination (2023)India$981M

In 2023 Flat rolled silicon-electrical steel, width >600mm were the world's 556th most traded product (out of 4,644).

In 2023, the top exporters of Flat rolled silicon-electrical steel, width >600mm were China ($1.95B), Japan ($1.31B), Germany ($601M), South Korea ($562M), and Russia ($462M).

In 2023, the top importers of Flat rolled silicon-electrical steel, width >600mm were India ($981M), Italy ($950M), Turkey ($555M), Mexico ($531M), and Canada ($340M).

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Exporters of Flat rolled silicon-electrical steel, width >600mm (2023)
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Importers of Flat rolled silicon-electrical steel, width >600mm (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Brazil$16.9M
Top Destination Growth (2022 -  2023)Chinese Taipei$49.4M

Between 2022 and 2023, the exports of Flat rolled silicon-electrical steel, width >600mm grew the fastest in Brazil ($16.9M), Netherlands ($1.14M), Australia ($861k), Indonesia ($289k), and Tunisia ($279k).

Between 2022 and 2023, the fastest growing importers of Flat rolled silicon-electrical steel, width >600mm were Chinese Taipei ($49.4M), Brazil ($43.9M), Austria ($34.4M), Canada ($30.8M), and Ukraine ($12.2M).

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Exporters of Flat rolled silicon-electrical steel, width >600mm (2022 - 2023)

Importers of Flat rolled silicon-electrical steel, width >600mm (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Flat rolled silicon-electrical steel, width >600mm.

In 2023, market concentration measured using Shannon Entropy, was 3.32. This means that most of the exports of Flat rolled silicon-electrical steel, width >600mm are explained by 9 countries.

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Value of Exports in Flat rolled silicon-electrical steel, width >600mm

Net Trade

TOP NET EXPORTER (2023)China$1.66B
TOP NET IMPORTER (2023)India$932M

This map shows which countries export or import more of Flat rolled silicon-electrical steel, width >600mm. Each country is colored based on the difference in exports and imports of Flat rolled silicon-electrical steel, width >600mm during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Flat rolled silicon-electrical steel, width >600mm were China ($1.66B), Japan ($1.22B), Germany ($476M), Russia ($462M), and South Korea ($442M).

In 2023, the countries that had a largest trade value in imports than in exports of Flat rolled silicon-electrical steel, width >600mm were India ($932M), Italy ($924M), Mexico ($530M), Turkey ($484M), and Canada ($338M).

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 silicon-electrical steel, width >600mm.
It is possible to select the main countries that export or import Flat rolled silicon-electrical steel, width >600mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Flat rolled silicon-electrical steel, width >600mm 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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