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Classification 2067 for Standard International Trade Classification (SITC).

2018
World Trade $21.5BRnk 107 / 237
2018
Top Exporter | Top Importer $3.24B | $2.08BTurkey | Germany
2017 - 2018
Export Growth (CAGR) 37.1%Rnk 54 / 237

About

Overview This page contains the latest trade data of Iron and steel. In 2018, Iron and steel were the world's 107th most traded product, with a total trade of $21.5B. Between 2017 and 2018 the exports of Iron and steel grew by 37.1%, from $15.7B to $21.5B. Trade in Iron and steel represent 0.11% of total world trade.

Iron and steel are a part of Manufactured goods classified chiefly by material. They include Iron and steel bars, rods, angles, shapes and sections (including sheet piling).

Exports In 2018 the top exporters of Iron and steel  were Turkey ($3.24B), Italy ($1.99B), Germany ($1.97B), Ukraine ($990M), and China ($900M).

Imports In 2018 the top importers of Iron and steel were Germany ($2.08B), United States ($1.47B), Canada ($693M), France ($659M), and Singapore ($658M).

Historical Data

Exporters and Importers

Top Origin (2018)Turkey$3.24B
Top Destination (2018)Germany$2.08B

In 2018 Iron and steel were the world's 107th most traded product (out of 237).

In 2018, the top exporters of Iron and steel were Turkey ($3.24B), Italy ($1.99B), Germany ($1.97B), Ukraine ($990M), and China ($900M).

In 2018, the top importers of Iron and steel were Germany ($2.08B), United States ($1.47B), Canada ($693M), France ($659M), and Singapore ($658M).

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Exporters of Iron and steel (2018)
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Importers of Iron and steel (2018)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2017 -  2018)Turkey$1.64B
Top Destination Growth (2017 -  2018)United Arab Emirates$639M

Between 2017 and 2018, the exports of Iron and steel grew the fastest in Turkey ($1.64B), Oman ($552M), Rest of the world ($444M), Qatar ($399M), and Germany ($380M).

Between 2017 and 2018, the fastest growing importers of Iron and steel were United Arab Emirates ($639M), Germany ($503M), Yemen ($411M), Iraq ($304M), and Israel ($275M).

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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)Turkey$2.99B
TOP NET IMPORTER (2018)United States$802M

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 Turkey ($2.99B), Italy ($1.42B), Ukraine ($879M), Russia ($557M), and Oman ($548M).

In 2018, the countries that had a largest trade value in imports than in exports of Iron and steel were United States ($802M), Canada ($608M), Israel ($572M), United Arab Emirates ($494M), and Singapore ($445M).

Net Trade (2018)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Iron and steel.
It is possible to select the main countries that export or import Iron and steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron and steel by percentage of total exports

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