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Stainless steel; flat-rolled products of width of 600mm or more

7219 (Harmonized System 1992 for 4-digit)

2022
World Trade $46.1BRnk 102 / 1218
2022
Top Exporter | Top Importer $8.91B | $4.95BChina | Germany
2022
Product Complexity 0.92Rnk 198 / 1033
2021 - 2022
Export Growth (CAGR) 14.8%Rnk 279 / 1218
2022
Share of World Trade 0.19%Rnk 102 / 1218

About

Overview This page contains the latest trade data of Large Flat-Rolled Stainless Steel. In 2022, Large Flat-Rolled Stainless Steel were the world's 102nd most traded product, with a total trade of $46.1B. Between 2021 and 2022 the exports of Large Flat-Rolled Stainless Steel grew by 14.8%, from $40.2B to $46.1B. Trade in Large Flat-Rolled Stainless Steel represent 0.19% of total world trade.

Large Flat-Rolled Stainless Steel are a part of Iron & steel. They include Cold rolled stainless steel, w >600mm, t 1.0-3.0 mm, Cold rolled stainless steel, w >600mm, t 0.5-1.0 mm, Hot Rolled Stainless Steel Coil (>600mm, t3-4.75mm), Hot Rolled Stainless Steel Coil (>600mm, t4.75-10mm), Hot Rolled Stainless Steel Flat (>600mm, t>10mm), Cold rolled stainless steel, w >600mm, t 3.0-4.75mm, Hot Rolled Stainless Steel Coil (>600mm, t<3mm), Hot Rolled Stainless Steel Flat (>600mm, t4.75-10mm), Rolled stainless steel sheet, width > 600mm, nes, and Cold rolled stainless steel, w >600mm, t /0.5 mm, among others.

Exports In 2022 the top exporters of Large Flat-Rolled Stainless Steel  were China ($8.91B), Indonesia ($7.43B), Belgium ($3.9B), Finland ($3.48B), and Chinese Taipei ($2.84B).

Imports In 2022 the top importers of Large Flat-Rolled Stainless Steel were Germany ($4.95B), Italy ($4.45B), China ($3.42B), Netherlands ($2.16B), and Chinese Taipei ($2.13B).

Ranking Large Flat-Rolled Stainless Steel ranks 198th in the Product Complexity Index (PCI).

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

Latest Trends

Latest Data

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The following visualization shows the latest trends on Large Flat-Rolled Stainless Steel. 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$8.91B
Top Destination (2022)Germany$4.95B

In 2022 Large Flat-Rolled Stainless Steel were the world's 102nd most traded product (out of 1,218).

In 2022, the top exporters of Large Flat-Rolled Stainless Steel were China ($8.91B), Indonesia ($7.43B), Belgium ($3.9B), Finland ($3.48B), and Chinese Taipei ($2.84B).

In 2022, the top importers of Large Flat-Rolled Stainless Steel were Germany ($4.95B), Italy ($4.45B), China ($3.42B), Netherlands ($2.16B), and Chinese Taipei ($2.13B).

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Exporters of Large Flat-Rolled Stainless Steel (2022)
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Importers of Large Flat-Rolled Stainless Steel (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$2.47B
Top Destination Growth (2021 -  2022)Italy$946M

Between 2021 and 2022, the exports of Large Flat-Rolled Stainless Steel grew the fastest in China ($2.47B), Indonesia ($744M), Belgium ($491M), Italy ($405M), and Chinese Taipei ($394M).

Between 2021 and 2022, the fastest growing importers of Large Flat-Rolled Stainless Steel were Italy ($946M), India ($701M), Vietnam ($572M), United States ($484M), and Turkey ($444M).

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Exporters of Large Flat-Rolled Stainless Steel (2021 - 2022)

Importers of Large Flat-Rolled Stainless Steel (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Large Flat-Rolled Stainless Steel.

In 2022, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Large Flat-Rolled Stainless Steel are explained by 16 countries.

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Value of Exports in Large Flat-Rolled Stainless Steel

Net Trade

TOP NET EXPORTER (2022)Indonesia$6.95B
TOP NET IMPORTER (2022)Germany$3.4B

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

In 2022, the countries that had a largest trade value in exports than in imports of Large Flat-Rolled Stainless Steel were Indonesia ($6.95B), China ($5.49B), Finland ($3.22B), Belgium ($2.98B), and Sweden ($1.17B).

In 2022, the countries that had a largest trade value in imports than in exports of Large Flat-Rolled Stainless Steel were Germany ($3.4B), Italy ($1.63B), Turkey ($1.37B), Vietnam ($1.36B), and Netherlands ($1.34B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Large Flat-Rolled Stainless Steel, disaggragated by their HS6 level were Cold rolled stainless steel, w >600mm,... ($12.6B), Cold rolled stainless steel, w >600mm,... ($7.75B), Hot Rolled Stainless Steel Coil (>600mm,... ($6.44B), Hot Rolled Stainless Steel Coil (>600mm,... ($3.66B), and Cold rolled stainless steel, w >600mm,... ($3.5B)

HS6 Disaggregation for Large Flat-Rolled Stainless Steel (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Large Flat-Rolled Stainless Steel by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $74.2M
TOP IMPORT POTENTIALChina+ $37.5M

Large Flat-Rolled Stainless Steel’s highest export potential is India. With an export gap of $74.2M.  Large Flat-Rolled Stainless Steel’s highest import potential is China with an import gap of $37.5M.

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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 Flat-Rolled Stainless Steel.

Country by Relatedness

The following visualization shows the relatedness of Large Flat-Rolled Stainless Steel 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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