Flat Flat-Rolled Steel7225 (Harmonized System 1992 for 4-digit)
World Trade (2018): $34.4B, Rnk 106 / 1225
Top Exporter (2018): $8.82B, China
Top Importer (2018): $2.47B, China
Product Complexity (2018): 1.46, Rnk 55 / 1018
Export Growth (CAGR)(2017 - 2018): 13.9%, Rnk 573 / 1225
Mean Tariff (2018): 4.82%, Rnk 849 / 1259
Share of World Trade (2018): 0.19%, Rnk 106 / 1225
Overview: This page contains the latest trade data of Flat Flat-Rolled Steel. In 2018, Flat Flat-Rolled Steel were the world's 106th most traded product, with a total trade of $34.4B. Between 2017 and 2018 the exports of Flat Flat-Rolled Steel grew by 13.9%, from $30.2B to $34.4B. Trade in Flat Flat-Rolled Steel represent 0.19% of total world trade.
Exports: In 2018 the top exporters of Flat Flat-Rolled Steel were China ($8.82B), Japan ($4.79B), Germany ($3.24B), Belgium-Luxembourg ($2.34B), and France ($2.29B).
Imports: In 2018 the top importers of Flat Flat-Rolled Steel were China ($2.47B), Vietnam ($2.39B), Germany ($2.29B), Mexico ($2.03B), and United States ($1.72B).
Tariffs: In 2018 the average tariff for Flat Flat-Rolled Steel was 4.82%, been the 849 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Flat Flat-Rolled Steel are Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Cameroon (17.4%), and Gabon (17.4%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Zambia (0%), Hong Kong (0%), and Indonesia (0%).
Ranking: Flat Flat-Rolled Steel ranks 55th in the Product Complexity Index (PCI).
Trade By Country
Flat Flat-Rolled Steel are the world's 106th most traded product.
In 2018, the top exporters of Flat Flat-Rolled Steel were China ($8.82B), Japan ($4.79B), Germany ($3.24B), Belgium-Luxembourg ($2.34B), and France ($2.29B).
In 2018, the top importers of Flat Flat-Rolled Steel were China ($2.47B), Vietnam ($2.39B), Germany ($2.29B), Mexico ($2.03B), and United States ($1.72B).
Trade by country
Between 2017 and 2018, the exports of Flat Flat-Rolled Steel grew the fastest in China ($1.24B), Japan ($704M), Germany ($389M), Belgium-Luxembourg ($362M), and Austria ($352M).
Between 2017 and 2018, the fastest growing importers of Flat Flat-Rolled Steel were Thailand ($322M), Germany ($315M), France ($241M), United States ($240M), and China ($234M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Flat Flat-Rolled Steel.
In 2018, market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Flat Flat-Rolled Steel are explained by 13 countries.
This map shows which countries export or import more of Flat Flat-Rolled Steel. Each country is colored based on the difference in exports and imports of Flat Flat-Rolled Steel during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Flat Flat-Rolled Steel were China ($6.34B), Japan ($4.5B), Austria ($1.57B), France ($1.44B), and Belgium-Luxembourg ($1.25B).
In 2018, the countries that had a largest trade value in imports than in exports of Flat Flat-Rolled Steel were Vietnam ($2.3B), Mexico ($1.99B), India ($1.44B), Thailand ($1.41B), and Indonesia ($1.17B).
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v4.0.2 ant