2022
Exports
$500MWorld Rnk 5 / 120
Flag Rnk 390 / 1217
2022
PRODUCT COMPLEXITY IN Flat-Rolled Stainless Steel
1.55Rnk 41 / 1025
2022
Imports
$376MWorld Rnk 2 / 198
Flag Rnk 624 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $500M in Flat-Rolled Stainless Steel, making it the 5th largest exporter of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 390th most exported product in United States. The main destination of Flat-Rolled Stainless Steel exports from United States are: Mexico ($135M), Canada ($133M), Italy ($73.6M), China ($28.1M), and United Kingdom ($22.6M).

The fastest growing export markets for Flat-Rolled Stainless Steel of United States between 2021 and 2022 were Canada ($35.6M), Italy ($33.6M), and Greece ($16.3M).

Imports In 2022, United States imported $376M in Flat-Rolled Stainless Steel, becoming the 2nd largest importer of Flat-Rolled Stainless Steel in the world. At the same year, Flat-Rolled Stainless Steel was the 624th most imported product in United States. United States imports Flat-Rolled Stainless Steel primarily from: China ($51.2M), India ($43M), Germany ($38.9M), France ($37.4M), and Sweden ($32.7M).

The fastest growing import markets in Flat-Rolled Stainless Steel for United States between 2021 and 2022 were China ($23.4M), India ($17M), and Sweden ($15.1M).

COMPANIES In 2023, leading companies such as TPV Tech (173), Goya Foods (71), and ViewSonic (57) were at the forefront of shipping Flat-Rolled Stainless Steel to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-10.7M(-23.5%)
IMPORT GROWTH (June 2023 - June 2024)$-62.1k(-0.31%)
MAIN EXPORTER (June 2024)Pennsylvania$16.6M
MAIN DESTINATION (June 2024)Mexico$14.2M

This section shows Flat-Rolled Stainless Steel's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Flat-Rolled Stainless Steel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$500M
IMPORTS (2022)$376M
NET TRADE (2022)$124M

In 2022, United States exported $500M in Flat-Rolled Stainless Steel. The main destinations of United States exports on Flat-Rolled Stainless Steel were Mexico ($135M), Canada ($133M), Italy ($73.6M), China ($28.1M), and United Kingdom ($22.6M).

In 2022, United States imported $376M in Flat-Rolled Stainless Steel, mainly from China ($51.2M), India ($43M), Germany ($38.9M), France ($37.4M), and Sweden ($32.7M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flat-Rolled Stainless Steel EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$35.6M (36.7%)
Italy$33.6M (84.2%)
Greece$16.3M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Stainless Steel BY United States WERE (2021 - 2022):
China-$5.73M (-16.9%)
Hong Kong-$2.74M (-43.9%)
Brazil-$1.64M (-21.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Flat-Rolled Stainless Steel were:
In 2022, United States's main importing competitors in Flat-Rolled Stainless Steel were:

Explore Visualizations

Trade Value of Flat-Rolled Stainless Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.89M
TOP IMPORT POTENTIALChina+ $17.4M

Flat-Rolled Stainless Steel’s highest export potential is Germany. With an export gap of $8.89M.   Flat-Rolled Stainless Steel’s highest import potential is China with an import gap of $17.4M.

See methodology.

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