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Classification 1367 for Standard International Trade Classification (SITC).

2018
World Trade $13.6BRnk 124 / 237
2018
Top Exporter | Top Importer $2.44B | $1.48BChina | Germany
2017 - 2018
Export Growth (CAGR) 32.5%Rnk 66 / 237

About

Overview This page contains the latest trade data of Iron and steel. In 2018, Iron and steel were the world's 124th most traded product, with a total trade of $13.6B. Between 2017 and 2018 the exports of Iron and steel grew by 32.5%, from $10.3B to $13.6B. Trade in Iron and steel represent 0.071% of total world trade.

Iron and steel are a part of Manufactured goods classified chiefly by material. They include Iron or steel wire (excluding wire rod), whether or not coated, but....

Exports In 2018 the top exporters of Iron and steel  were China ($2.44B), Germany ($1.11B), South Korea ($956M), Italy ($897M), and Japan ($679M).

Imports In 2018 the top importers of Iron and steel were Germany ($1.48B), United States ($1.08B), France ($692M), Poland ($525M), and China ($498M).

Historical Data

Exporters and Importers

Top Origin (2018)China$2.44B
Top Destination (2018)Germany$1.48B

In 2018 Iron and steel were the world's 124th most traded product (out of 237).

In 2018, the top exporters of Iron and steel were China ($2.44B), Germany ($1.11B), South Korea ($956M), Italy ($897M), and Japan ($679M).

In 2018, the top importers of Iron and steel were Germany ($1.48B), United States ($1.08B), France ($692M), Poland ($525M), and China ($498M).

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Exporters of Iron and steel (2018)
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Importers of Iron and steel (2018)
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Market Dynamics

Color
Top Origin Growth (2017 -  2018)China$787M
Top Destination Growth (2017 -  2018)Germany$337M

Between 2017 and 2018, the exports of Iron and steel grew the fastest in China ($787M), Rest of the world ($250M), Italy ($223M), Thailand ($211M), and Czechia ($191M).

Between 2017 and 2018, the fastest growing importers of Iron and steel were Germany ($337M), Thailand ($317M), Vietnam ($219M), United Arab Emirates ($186M), and Rest of the world ($164M).

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Exporters of Iron and steel (2017 - 2018)

Importers of Iron and steel (2017 - 2018)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron and steel.

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Value of Exports in Iron and steel

Net Trade

TOP NET EXPORTER (2018)China$1.94B
TOP NET IMPORTER (2018)United States$687M

This map shows which countries export or import more of Iron and steel. Each country is colored based on the difference in exports and imports of Iron and steel during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Iron and steel were China ($1.94B), South Korea ($720M), Italy ($476M), Czechia ($403M), and Japan ($245M).

In 2018, the countries that had a largest trade value in imports than in exports of Iron and steel were United States ($687M), Germany ($366M), Poland ($307M), France ($228M), and United Kingdom ($198M).

Net Trade (2018)

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