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721260 (Harmonized System 1992 for 6-digit)

2023
World Trade $272MRnk 3416 / 4644
2023
Top Exporter | Top Importer $77.5M | $39.5MJapan | China
2023
Product Complexity 0.99Rnk 784 / 4656
2022 - 2023
Export Growth (CAGR) -4.81%Rnk 2081 / 4644
2023
Share of World Trade 0.0012%Rnk 3416 / 4644

About

Overview This page contains the latest trade data of Flat rolled iron or non-alloy steel, width <600mm, clad. In 2023, Flat rolled iron or non-alloy steel, width <600mm, clad were the world's 3416th most traded product, with a total trade of $272M. Between 2022 and 2023 the exports of Flat rolled iron or non-alloy steel, width <600mm, clad decreased by -4.81%, from $286M to $272M. Trade in Flat rolled iron or non-alloy steel, width <600mm, clad represent 0.0012% of total world trade.

Flat rolled iron or non-alloy steel, width <600mm, clad are a part of Large Coated Flat-Rolled Iron.

Exports In 2023 the top exporters of Flat rolled iron or non-alloy steel, width <600mm, clad  were Japan ($77.5M), Germany ($41.4M), United States ($34.8M), China ($28.7M), and United Kingdom ($26.8M).

Imports In 2023 the top importers of Flat rolled iron or non-alloy steel, width <600mm, clad were China ($39.5M), Mexico ($34.4M), South Korea ($19.1M), Poland ($19M), and India ($18M).

Ranking Flat rolled iron or non-alloy steel, width <600mm, clad ranks 784th in the Product Complexity Index (PCI).

Description Flat rolled iron or non-alloy steel is used as a raw material for the production of sheets and plates in the steel industry. It is also used for electricity and gas safety equipment and as a structural steel.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Flat rolled iron or non-alloy steel, width <600mm, clad. 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)Japan$77.5M
Top Destination (2023)China$39.5M

In 2023 Flat rolled iron or non-alloy steel, width <600mm, clad were the world's 3416th most traded product (out of 4,644).

In 2023, the top exporters of Flat rolled iron or non-alloy steel, width <600mm, clad were Japan ($77.5M), Germany ($41.4M), United States ($34.8M), China ($28.7M), and United Kingdom ($26.8M).

In 2023, the top importers of Flat rolled iron or non-alloy steel, width <600mm, clad were China ($39.5M), Mexico ($34.4M), South Korea ($19.1M), Poland ($19M), and India ($18M).

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Exporters of Flat rolled iron or non-alloy steel, width <600mm, clad (2023)
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Importers of Flat rolled iron or non-alloy steel, width <600mm, clad (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$5.45M
Top Destination Growth (2022 -  2023)China$6.5M

Between 2022 and 2023, the exports of Flat rolled iron or non-alloy steel, width <600mm, clad grew the fastest in United Kingdom ($5.45M), Austria ($5.44M), Japan ($5.26M), France ($2.83M), and Italy ($1.66M).

Between 2022 and 2023, the fastest growing importers of Flat rolled iron or non-alloy steel, width <600mm, clad were China ($6.5M), Germany ($4.98M), Slovakia ($3.86M), Mexico ($2.3M), and Thailand ($2.15M).

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Exporters of Flat rolled iron or non-alloy steel, width <600mm, clad (2022 - 2023)

Importers of Flat rolled iron or non-alloy steel, width <600mm, clad (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Flat rolled iron or non-alloy steel, width <600mm, clad.

In 2023, market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of Flat rolled iron or non-alloy steel, width <600mm, clad are explained by 10 countries.

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Value of Exports in Flat rolled iron or non-alloy steel, width <600mm, clad

Net Trade

TOP NET EXPORTER (2023)Japan$71.9M
TOP NET IMPORTER (2023)Mexico$34.3M

This map shows which countries export or import more of Flat rolled iron or non-alloy steel, width <600mm, clad. Each country is colored based on the difference in exports and imports of Flat rolled iron or non-alloy steel, width <600mm, clad 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, width <600mm, clad were Japan ($71.9M), United Kingdom ($26.4M), Germany ($24.2M), United States ($19.8M), and Italy ($7.64M).

In 2023, the countries that had a largest trade value in imports than in exports of Flat rolled iron or non-alloy steel, width <600mm, clad were Mexico ($34.3M), India ($15.9M), Thailand ($15.2M), Slovakia ($14.5M), and Poland ($11.8M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Flat rolled iron or non-alloy steel, width <600mm, clad.
It is possible to select the main countries that export or import Flat rolled iron or non-alloy steel, width <600mm, clad 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, width <600mm, clad 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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