HS Icon 600mm, ne onClick=titleClick(0)>Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne

721049 (Harmonized System 1992 for 6-digit)

World Trade (2018): $25.7B, Rnk 99 / 4726

Top Exporter (2018): $5.6B, China

Top Importer (2018): $2.3B, Germany

Product Complexity (2018): -0.11, Rnk 2805 / 4873

Export Growth (CAGR)(2017 - 2018): 5.83%, Rnk 3239 / 4726

Mean Tariff (2018): 6.21%, Rnk 3496 / 6538

Share of World Trade (2018): 0.14%, Rnk 99 / 4726

Overview:  This page contains the latest trade data of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne. In 2018, Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were the world's 99th most traded product, with a total trade of $25.7B. Between 2017 and 2018 the exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne grew by 5.83%, from  $24.3B to $25.7B. Trade in Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne represent 0.14% of total world trade.

Exports: In 2018 the top exporters of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne  were China ($5.6B), South Korea ($2.94B), Belgium-Luxembourg ($2.41B), Italy ($1.52B), and Germany ($1.47B).

Imports: In 2018 the top importers of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were Germany ($2.3B), United States ($1.81B), Belgium-Luxembourg ($1.39B), Spain ($1.25B), and United Kingdom ($984M).

Tariffs: In 2018 the average tariff for Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne was 6.21%, been the 3496 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne are Bahamas (41.8%), Sudan (35%), Nepal (30%), Cameroon (29.4%), and Chad (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), South Korea (0%), and Singapore (0%).

Ranking: Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne ranks 2805th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $5.6B

Top Destination (2018): Germany, $2.3B

Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne are the world's 99th most traded product.

In 2018, the top exporters of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were China ($5.6B), South Korea ($2.94B), Belgium-Luxembourg ($2.41B), Italy ($1.52B), and Germany ($1.47B).

In 2018, the top importers of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were Germany ($2.3B), United States ($1.81B), Belgium-Luxembourg ($1.39B), Spain ($1.25B), and United Kingdom ($984M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Belgium-Luxembourg, $555M

Top Destination Growth (2017 - 2018): Thailand, $234M

Between 2017 and 2018, the exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne grew the fastest in Belgium-Luxembourg ($555M), Vietnam ($242M), Chinese Taipei ($230M), South Korea ($218M), and China ($215M).

Between 2017 and 2018, the fastest growing importers of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were Thailand ($234M), Germany ($220M), Italy ($156M), Netherlands ($126M), and Brazil ($88.8M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne.

In 2018,  market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne are explained by 19 countries.

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TOP NET EXPORTER (2018): China, $4.67B

TOP NET IMPORTER (2018): United States, $1.1B

This map shows which countries export or import more of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne. Each country is colored based on the difference in exports and imports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were China ($4.67B), South Korea ($2.26B), Belgium-Luxembourg ($1.02B), Netherlands ($894M), and Chinese Taipei ($840M).

In 2018, the countries that had a largest trade value in imports than in exports of Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were United States ($1.1B), Spain ($960M), United Kingdom ($856M), Thailand ($832M), and Germany ($831M).

Trade Forecasts

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This section shows forecasts for total trade for Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne was 6.21%.  The countries with the highest tariffs for importing Flat rolled iron or non-alloy steel, coated with zinc, width >600mm, ne were Bahamas (41.8%), Sudan (35%), Nepal (30%), Cameroon (29.4%), and Chad (29.4%).

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Product Complexity

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Diversification Frontier

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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.