721050 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm. In 2023, Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm were the world's 1715th most traded product, with a total trade of $1.45B. Between 2022 and 2023 the exports of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm decreased by -26.2%, from $1.97B to $1.45B. Trade in Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm represent 0.0064% of total world trade.

Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm are a part of Coated Flat-Rolled Iron.

Exports In 2023 the top exporters of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm  were China ($389M), Japan ($324M), Germany ($187M), Canada ($137M), and South Korea ($109M).

Imports In 2023 the top importers of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm were United States ($368M), Italy ($133M), Mexico ($125M), Thailand ($62.7M), and Brazil ($60.9M).

Ranking Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm ranks 988th in the Product Complexity Index (PCI).

Description Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm is used in a variety of industries. They can be used as structural supports for buildings or machinery, or as components in the construction of cars, buses, trains, bicycles, and other vehicles. They can be used to store and transport goods, and to make tools. In general, flat rolled steel is less expensive than other types of steel, and is therefore used in a wide variety of applications.

Latest Data

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The following visualization shows the latest trends on Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm. 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 (2023)China$389M
Top Destination (2023)United States$368M

In 2023 Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm were the world's 1715th most traded product (out of 4,644).

In 2023, the top exporters of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm were China ($389M), Japan ($324M), Germany ($187M), Canada ($137M), and South Korea ($109M).

In 2023, the top importers of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm were United States ($368M), Italy ($133M), Mexico ($125M), Thailand ($62.7M), and Brazil ($60.9M).

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Exporters of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm (2023)
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Importers of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$12.3M
Top Destination Growth (2022 -  2023)Malaysia$11.8M

Between 2022 and 2023, the exports of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm grew the fastest in Japan ($12.3M), Austria ($1.46M), Slovakia ($1.45M), Australia ($802k), and Philippines ($645k).

Between 2022 and 2023, the fastest growing importers of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm were Malaysia ($11.8M), Ecuador ($10.1M), France ($5.91M), Spain ($5.11M), and Vietnam ($2.15M).

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Exporters of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm (2022 - 2023)

Importers of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm.

In 2023, market concentration measured using Shannon Entropy, was 3.24. This means that most of the exports of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm are explained by 9 countries.

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Value of Exports in Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm

Net Trade

TOP NET EXPORTER (2023)China$388M
TOP NET IMPORTER (2023)United States$362M

This map shows which countries export or import more of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm. Each country is colored based on the difference in exports and imports of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm were China ($388M), Japan ($314M), Germany ($160M), Canada ($136M), and South Korea ($107M).

In 2023, the countries that had a largest trade value in imports than in exports of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm were United States ($362M), Mexico ($124M), Italy ($124M), Thailand ($62.5M), and Philippines ($51.7M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm.
It is possible to select the main countries that export or import Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Flat rolled iron or non-alloy steel, coated chromium/oxides, w> 600 mm by percentage of total exports

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 (2023)

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