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Pricing

Stainless steel; flat-rolled products of width less than 600mm

7220 (Harmonized System 1992 for 4-digit)

2023
World Trade $5.38BRnk 512 / 1217
2023
Top Exporter | Top Importer $808M | $786MGermany | Germany
2023
Product Complexity 1.26Rnk 87 / 1044
2022 - 2023
Export Growth (CAGR) -18%Rnk 994 / 1217
2023
Share of World Trade 0.024%Rnk 512 / 1217

About

Overview This page contains the latest trade data of Flat-Rolled Stainless Steel. In 2023, Flat-Rolled Stainless Steel were the world's 512th most traded product, with a total trade of $5.38B. Between 2022 and 2023 the exports of Flat-Rolled Stainless Steel decreased by -18%, from $6.56B to $5.38B. Trade in Flat-Rolled Stainless Steel represent 0.024% of total world trade.

Flat-Rolled Stainless Steel are a part of Iron & steel. They include Stainless steel sheet, w <600mm, cold rolled/reduced, Rolled stainless steel sheet, width < 600mm, nes, Hot Rolled Stainless Steel Sheet (<600mm, t<4.75mm), and Hot Rolled Stainless Steel Sheet (<600mm, t>4.75mm).

Exports In 2023 the top exporters of Flat-Rolled Stainless Steel  were Germany ($808M), United States ($577M), Italy ($541M), China ($535M), and Japan ($447M).

Imports In 2023 the top importers of Flat-Rolled Stainless Steel were Germany ($786M), Italy ($322M), Mexico ($286M), United States ($281M), and Poland ($253M).

Ranking Flat-Rolled Stainless Steel ranks 87th in the Product Complexity Index (PCI).

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

Latest Trends

Latest Data

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The following visualization shows the latest trends on Flat-Rolled Stainless 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 (2023)Germany$808M
Top Destination (2023)Germany$786M

In 2023 Flat-Rolled Stainless Steel were the world's 512th most traded product (out of 1,217).

In 2023, the top exporters of Flat-Rolled Stainless Steel were Germany ($808M), United States ($577M), Italy ($541M), China ($535M), and Japan ($447M).

In 2023, the top importers of Flat-Rolled Stainless Steel were Germany ($786M), Italy ($322M), Mexico ($286M), United States ($281M), and Poland ($253M).

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Exporters of Flat-Rolled Stainless Steel (2023)
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Importers of Flat-Rolled Stainless Steel (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$93.6M
Top Destination Growth (2022 -  2023)Romania$59M

Between 2022 and 2023, the exports of Flat-Rolled Stainless Steel grew the fastest in United States ($93.6M), Luxembourg ($14.3M), Croatia ($1.38M), Argentina ($1.3M), and Slovenia ($1.09M).

Between 2022 and 2023, the fastest growing importers of Flat-Rolled Stainless Steel were Romania ($59M), Greece ($22.5M), South Korea ($14M), South Africa ($3.39M), and Cambodia ($3.37M).

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Exporters of Flat-Rolled Stainless Steel (2022 - 2023)

Importers of Flat-Rolled Stainless Steel (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.13. This means that most of the exports of Flat-Rolled Stainless Steel are explained by 17 countries.

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Value of Exports in Flat-Rolled Stainless Steel

Net Trade

TOP NET EXPORTER (2023)Japan$398M
TOP NET IMPORTER (2023)Mexico$276M

This map shows which countries export or import more of Flat-Rolled Stainless Steel. Each country is colored based on the difference in exports and imports of Flat-Rolled Stainless Steel during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Flat-Rolled Stainless Steel were Japan ($398M), United States ($295M), China ($293M), Italy ($219M), and Sweden ($217M).

In 2023, the countries that had a largest trade value in imports than in exports of Flat-Rolled Stainless Steel were Mexico ($276M), Poland ($219M), Canada ($148M), Austria ($134M), and Turkey ($133M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Flat-Rolled Stainless Steel, disaggragated by their HS6 level were Stainless steel sheet, w <600mm, cold... ($4.42B), Rolled stainless steel sheet, width <... ($482M), Hot Rolled Stainless Steel Sheet (<600mm,... ($250M), and Hot Rolled Stainless Steel Sheet (<600mm,... ($233M)

HS6 Disaggregation for Flat-Rolled Stainless Steel (2023)
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Country Comparison

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Ranking

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

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $11M
TOP IMPORT POTENTIALFrance+ $9.9M

Flat-Rolled Stainless Steel’s highest export potential is France. With an export gap of $11M.  Flat-Rolled Stainless Steel’s highest import potential is France with an import gap of $9.9M.

See methodology.

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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 (2023)

Related Products

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

Country by Relatedness

The following visualization shows the relatedness of Flat-Rolled Stainless 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 (2023)

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