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Iron or non-alloy steel; flat-rolled products, width less than 600mm, clad, plated or coated

7212 (Harmonized System 1992 for 4-digit)

2022
World Trade $6.28BRnk 503 / 1218
2022
Top Exporter | Top Importer $1B | $519MChina | Germany
2022
Product Complexity 0.94Rnk 195 / 1033
2021 - 2022
Export Growth (CAGR) 6.85%Rnk 525 / 1218
2022
Share of World Trade 0.027%Rnk 503 / 1218

About

Overview This page contains the latest trade data of Large Coated Flat-Rolled Iron. In 2022, Large Coated Flat-Rolled Iron were the world's 503rd most traded product, with a total trade of $6.28B. Between 2021 and 2022 the exports of Large Coated Flat-Rolled Iron grew by 6.85%, from $5.88B to $6.28B. Trade in Large Coated Flat-Rolled Iron represent 0.027% of total world trade.

Large Coated Flat-Rolled Iron are a part of Iron & steel. They include Flat rolled iron or non-alloy steel, <600mm, coated with zinc, nes, Flat rolled iron or non-alloy steel, <600mm, painted/plastic coated, Flat rolled iron or non-alloy steel, <600mm, plated/coated, nes, Flat rolled steel, <600mm, electro-plated zinc, nes, Flat rolled iron or non-alloy steel, width <600mm, clad, Flat rolled iron or non-alloy steel, width <600mm, plated with tin, and Flat rolled steel, <600mm, zinc plate,<3mm-275/3mm-35.

Exports In 2022 the top exporters of Large Coated Flat-Rolled Iron  were China ($1B), Germany ($993M), United States ($429M), Italy ($354M), and Belgium ($341M).

Imports In 2022 the top importers of Large Coated Flat-Rolled Iron were Germany ($519M), France ($505M), United States ($385M), Austria ($362M), and Mexico ($279M).

Ranking Large Coated Flat-Rolled Iron ranks 195th in the Product Complexity Index (PCI).

Description Flat-rolled products of iron or non-alloy steel are used in the production of other goods. They can be made from a variety of materials, including carbon steel, stainless steel, and nickel-based alloys.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Large Coated Flat-Rolled Iron. 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)China$1B
Top Destination (2022)Germany$519M

In 2022 Large Coated Flat-Rolled Iron were the world's 503rd most traded product (out of 1,218).

In 2022, the top exporters of Large Coated Flat-Rolled Iron were China ($1B), Germany ($993M), United States ($429M), Italy ($354M), and Belgium ($341M).

In 2022, the top importers of Large Coated Flat-Rolled Iron were Germany ($519M), France ($505M), United States ($385M), Austria ($362M), and Mexico ($279M).

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Exporters of Large Coated Flat-Rolled Iron (2022)
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Importers of Large Coated Flat-Rolled Iron (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$337M
Top Destination Growth (2021 -  2022)Vietnam$73.7M

Between 2021 and 2022, the exports of Large Coated Flat-Rolled Iron grew the fastest in China ($337M), Germany ($142M), United States ($85.6M), United Arab Emirates ($55.9M), and Hungary ($40.8M).

Between 2021 and 2022, the fastest growing importers of Large Coated Flat-Rolled Iron were Vietnam ($73.7M), Australia ($62.2M), Mexico ($51.1M), Bangladesh ($43.7M), and United States ($39.8M).

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Exporters of Large Coated Flat-Rolled Iron (2021 - 2022)

Importers of Large Coated Flat-Rolled Iron (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Large Coated Flat-Rolled Iron.

In 2022, market concentration measured using Shannon Entropy, was 4.49. This means that most of the exports of Large Coated Flat-Rolled Iron are explained by 22 countries.

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Value of Exports in Large Coated Flat-Rolled Iron

Net Trade

TOP NET EXPORTER (2022)China$788M
TOP NET IMPORTER (2022)France$372M

This map shows which countries export or import more of Large Coated Flat-Rolled Iron. Each country is colored based on the difference in exports and imports of Large Coated Flat-Rolled Iron during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Large Coated Flat-Rolled Iron were China ($788M), Germany ($474M), South Korea ($276M), Belgium ($245M), and Italy ($221M).

In 2022, the countries that had a largest trade value in imports than in exports of Large Coated Flat-Rolled Iron were France ($372M), Mexico ($234M), Austria ($197M), Czechia ($158M), and Poland ($149M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Large Coated Flat-Rolled Iron, disaggragated by their HS6 level were Flat rolled iron or non-alloy steel,... ($3.33B), Flat rolled iron or non-alloy steel,... ($1.15B), Flat rolled iron or non-alloy steel,... ($935M), Flat rolled steel, <600mm, electro-plated zinc,... ($421M), and Flat rolled iron or non-alloy steel,... ($273M)

HS6 Disaggregation for Large Coated Flat-Rolled Iron (2022)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Large Coated Flat-Rolled Iron.
It is possible to select the main countries that export or import Large Coated Flat-Rolled Iron in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Large Coated Flat-Rolled Iron by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $29.8M
TOP IMPORT POTENTIALGermany+ $11.2M

Large Coated Flat-Rolled Iron’s highest export potential is India. With an export gap of $29.8M.  Large Coated Flat-Rolled Iron’s highest import potential is Germany with an import gap of $11.2M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Large Coated Flat-Rolled Iron.

Country by Relatedness

The following visualization shows the relatedness of Large Coated Flat-Rolled Iron to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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