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Alloy steel flat-rolled products, of a width 600mm or more

7225 (Harmonized System 1992 for 4-digit)

2022
World Trade $39.2BRnk 117 / 1218
2022
Top Exporter | Top Importer $6.3B | $2.75BJapan | Mexico
2022
Product Complexity 1.33Rnk 79 / 1033
2021 - 2022
Export Growth (CAGR) 0.97%Rnk 818 / 1218
2022
Share of World Trade 0.17%Rnk 117 / 1218

About

Overview This page contains the latest trade data of Flat Flat-Rolled Steel. In 2022, Flat Flat-Rolled Steel were the world's 117th most traded product, with a total trade of $39.2B. Between 2021 and 2022 the exports of Flat Flat-Rolled Steel grew by 0.97%, from $38.8B to $39.2B. Trade in Flat Flat-Rolled Steel represent 0.17% of total world trade.

Flat Flat-Rolled Steel are a part of Iron & steel. They include Flat rolled alloy-steel, width >600mm, nes, Hot rolled alloy-steel, coils width >600mm, nes, Hot rolled alloy-steel, not in coil width >600mm, nes, Flat rolled silicon-electrical steel, width >600mm, Cold rolled alloy-steel, width >600mm, nes, and Flat rolled high speed steel width >600mm.

Exports In 2022 the top exporters of Flat Flat-Rolled Steel  were Japan ($6.3B), China ($5.89B), Germany ($3.91B), South Korea ($2.62B), and France ($2.45B).

Imports In 2022 the top importers of Flat Flat-Rolled Steel were Mexico ($2.75B), Germany ($2.58B), Italy ($2.38B), China ($2.32B), and Thailand ($2.11B).

Ranking Flat Flat-Rolled Steel ranks 79th in the Product Complexity Index (PCI).

Description Flat-rolled products of alloy steel other than stainless are used in the production of other goods. They can be made from a variety of materials, including copper, nickel, and chromium.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Flat Flat-Rolled Steel. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Japan$6.3B
Top Destination (2022)Mexico$2.75B

In 2022 Flat Flat-Rolled Steel were the world's 117th most traded product (out of 1,218).

In 2022, the top exporters of Flat Flat-Rolled Steel were Japan ($6.3B), China ($5.89B), Germany ($3.91B), South Korea ($2.62B), and France ($2.45B).

In 2022, the top importers of Flat Flat-Rolled Steel were Mexico ($2.75B), Germany ($2.58B), Italy ($2.38B), China ($2.32B), and Thailand ($2.11B).

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Exporters of Flat Flat-Rolled Steel (2022)
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Importers of Flat Flat-Rolled Steel (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$930M
Top Destination Growth (2021 -  2022)Italy$597M

Between 2021 and 2022, the exports of Flat Flat-Rolled Steel grew the fastest in India ($930M), Japan ($706M), Germany ($602M), United States ($427M), and Belgium ($421M).

Between 2021 and 2022, the fastest growing importers of Flat Flat-Rolled Steel were Italy ($597M), India ($494M), Indonesia ($424M), Mexico ($342M), and Turkey ($324M).

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Exporters of Flat Flat-Rolled Steel (2021 - 2022)

Importers of Flat Flat-Rolled Steel (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Flat Flat-Rolled Steel.

In 2022, market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Flat Flat-Rolled Steel are explained by 17 countries.

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Value of Exports in Flat Flat-Rolled Steel

Net Trade

TOP NET EXPORTER (2022)Japan$6.12B
TOP NET IMPORTER (2022)Mexico$2.73B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Flat Flat-Rolled Steel were Japan ($6.12B), China ($3.57B), Austria ($1.88B), South Korea ($1.73B), and France ($1.42B).

In 2022, the countries that had a largest trade value in imports than in exports of Flat Flat-Rolled Steel were Mexico ($2.73B), Italy ($2.17B), Thailand ($2.1B), Turkey ($1.71B), and Indonesia ($1.49B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Flat Flat-Rolled Steel, disaggragated by their HS6 level were Flat rolled alloy-steel, width >600mm, nes ($12.7B), Flat rolled silicon-electrical steel, width >600mm ($8.23B), Hot rolled alloy-steel, coils width >600mm,... ($7.03B), Hot rolled alloy-steel, not in coil... ($6.76B), and Cold rolled alloy-steel, width >600mm, nes ($4.44B)

HS6 Disaggregation for Flat Flat-Rolled Steel (2022)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Flat Flat-Rolled Steel by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $74.3M
TOP IMPORT POTENTIALChina+ $29M

Flat Flat-Rolled Steel’s highest export potential is United States. With an export gap of $74.3M.  Flat Flat-Rolled Steel’s highest import potential is China with an import gap of $29M.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Flat Flat-Rolled Steel.

Country by Relatedness

The following visualization shows the relatedness of Flat Flat-Rolled Steel to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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