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

7219 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Large Flat-Rolled Stainless Steel. In 2021, Large Flat-Rolled Stainless Steel were the world's 111th most traded product, with a total trade of $40.3B. Between 2020 and 2021 the exports of Large Flat-Rolled Stainless Steel grew by 55.6%, from $25.9B to $40.3B. 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, w >600mm, t 3-4.75mm, Hot rolled stainless steel coil, w >600mm, t 4.75-10m, Hot rolled stainless steel flat, w >600mm, t >10mm, Cold rolled stainless steel, w >600mm, t 3.0-4.75mm, Hot rolled stainless steel coil, w >600mm, t <3mm, Hot rolled stainless steel flat, w >600mm, t 4.75-10m, Rolled stainless steel sheet, width > 600mm, nes, and Cold rolled stainless steel, w >600mm, t /0.5 mm, among others.

Exports In 2021 the top exporters of Large Flat-Rolled Stainless Steel  were Indonesia ($6.68B), China ($6.62B), Belgium ($3.45B), Finland ($3.14B), and Chinese Taipei ($2.42B).

Imports In 2021 the top importers of Large Flat-Rolled Stainless Steel were Germany ($4.68B), Italy ($3.56B), China ($3.01B), Chinese Taipei ($2.64B), and Netherlands ($2.11B).

Ranking Large Flat-Rolled Stainless Steel ranks 163rd 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 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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Exporters and Importers

Top Origin (2021)Indonesia$6.68B
Top Destination (2021)Germany$4.68B

In 2021 Large Flat-Rolled Stainless Steel were the world's 111th most traded product (out of 1,217).

In 2021, the top exporters of Large Flat-Rolled Stainless Steel were Indonesia ($6.68B), China ($6.62B), Belgium ($3.45B), Finland ($3.14B), and Chinese Taipei ($2.42B).

In 2021, the top importers of Large Flat-Rolled Stainless Steel were Germany ($4.68B), Italy ($3.56B), China ($3.01B), Chinese Taipei ($2.64B), and Netherlands ($2.11B).

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Exporters of Large Flat-Rolled Stainless Steel (2021)
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Importers of Large Flat-Rolled Stainless Steel (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Indonesia$3.51B
Top Destination Growth (2020 -  2021)China$1.63B

Between 2020 and 2021, the exports of Large Flat-Rolled Stainless Steel grew the fastest in Indonesia ($3.51B), China ($3.02B), Chinese Taipei ($1.08B), Italy ($1.04B), and Belgium ($977M).

Between 2020 and 2021, the fastest growing importers of Large Flat-Rolled Stainless Steel were China ($1.63B), Germany ($1.56B), Italy ($1.27B), Chinese Taipei ($1.06B), and United States ($737M).

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Exporters of Large Flat-Rolled Stainless Steel (2020 - 2021)

Importers of Large Flat-Rolled Stainless Steel (2020 - 2021)

Market Concentration

Value

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

In 2021, market concentration measured using Shannon Entropy, was 4.07. 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 (2021)Indonesia$6.27B
TOP NET IMPORTER (2021)Germany$3.33B

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Large Flat-Rolled Stainless Steel were Indonesia ($6.27B), China ($3.61B), Finland ($2.92B), Belgium ($2.6B), and Sweden ($1.03B).

In 2021, the countries that had a largest trade value in imports than in exports of Large Flat-Rolled Stainless Steel were Germany ($3.33B), Vietnam ($1.2B), Italy ($1.14B), Turkey ($1.1B), and Russia ($859M).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Large Flat-Rolled Stainless Steel, disaggragated by their HS6 level were Cold rolled stainless steel, w >600mm,... ($9.79B), Cold rolled stainless steel, w >600mm,... ($6.95B), Hot rolled stainless steel coil, w... ($6.26B), Hot rolled stainless steel coil, w... ($3.56B), and Cold rolled stainless steel, w >600mm,... ($2.97B)

HS6 Disaggregation for Large Flat-Rolled Stainless Steel (2021)
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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

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 (2021)

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 (2021)

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