Stainless steel; flat-rolled products of width of 600mm or more

7219 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Large Flat-Rolled Stainless Steel. In 2023, Large Flat-Rolled Stainless Steel were the world's 132nd most traded product, with a total trade of $33.3B. Between 2022 and 2023 the exports of Large Flat-Rolled Stainless Steel decreased by -27.6%, from $46B to $33.3B. Trade in Large Flat-Rolled Stainless Steel represent 0.15% of total world trade.

Large Flat-Rolled Stainless Steel are a part of Iron & steel. They include Cold rolled stainless steel, w >600mm, t 1.0-3.0 mm, Cold rolled stainless steel, w >600mm, t 0.5-1.0 mm, Hot Rolled Stainless Steel Coil (>600mm, t3-4.75mm), Hot Rolled Stainless Steel Coil (>600mm, t4.75-10mm), Cold rolled stainless steel, w >600mm, t 3.0-4.75mm, Hot Rolled Stainless Steel Flat (>600mm, t>10mm), Hot Rolled Stainless Steel Coil (>600mm, t<3mm), Hot Rolled Stainless Steel Flat (>600mm, t4.75-10mm), Rolled stainless steel sheet, width > 600mm, nes, and Cold rolled stainless steel, w >600mm, t /0.5 mm, among others.

Exports In 2023 the top exporters of Large Flat-Rolled Stainless Steel  were Indonesia ($5.85B), China ($5.32B), Finland ($3.29B), Belgium ($3.19B), and Italy ($1.75B).

Imports In 2023 the top importers of Large Flat-Rolled Stainless Steel were Germany ($3.72B), Italy ($3.07B), China ($2.59B), Chinese Taipei ($1.84B), and India ($1.69B).

Ranking Large Flat-Rolled Stainless Steel ranks 161st 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 Data

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The following visualization shows the latest trends on Large 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)Indonesia$5.85B
Top Destination (2023)Germany$3.72B

In 2023 Large Flat-Rolled Stainless Steel were the world's 132nd most traded product (out of 1,217).

In 2023, the top exporters of Large Flat-Rolled Stainless Steel were Indonesia ($5.85B), China ($5.32B), Finland ($3.29B), Belgium ($3.19B), and Italy ($1.75B).

In 2023, the top importers of Large Flat-Rolled Stainless Steel were Germany ($3.72B), Italy ($3.07B), China ($2.59B), Chinese Taipei ($1.84B), and India ($1.69B).

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

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Top Origin Growth (2022 -  2023)Brazil$28.5M
Top Destination Growth (2022 -  2023)Russia$95.4M

Between 2022 and 2023, the exports of Large Flat-Rolled Stainless Steel grew the fastest in Brazil ($28.5M), Djibouti ($10.1M), Malta ($2.12M), Benin ($1.34M), and Kazakhstan ($1.12M).

Between 2022 and 2023, the fastest growing importers of Large Flat-Rolled Stainless Steel were Russia ($95.4M), India ($40.5M), Egypt ($34M), Ethiopia ($10.9M), and Uzbekistan ($9.38M).

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

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

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4. This means that most of the exports of Large Flat-Rolled Stainless Steel are explained by 15 countries.

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Value of Exports in Large Flat-Rolled Stainless Steel

Net Trade

TOP NET EXPORTER (2023)Indonesia$5.49B
TOP NET IMPORTER (2023)Germany$2.69B

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

In 2023, the countries that had a largest trade value in exports than in imports of Large Flat-Rolled Stainless Steel were Indonesia ($5.49B), Finland ($3.11B), Belgium ($2.88B), China ($2.73B), and Sweden ($964M).

In 2023, the countries that had a largest trade value in imports than in exports of Large Flat-Rolled Stainless Steel were Germany ($2.69B), Italy ($1.33B), India ($992M), Vietnam ($918M), and Turkey ($886M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Large Flat-Rolled Stainless Steel, disaggragated by their HS6 level were Cold rolled stainless steel, w >600mm,... ($8.29B), Cold rolled stainless steel, w >600mm,... ($5.51B), Hot Rolled Stainless Steel Coil (>600mm,... ($4.76B), Hot Rolled Stainless Steel Coil (>600mm,... ($3.16B), and Hot Rolled Stainless Steel Flat (>600mm,... ($2.22B)

HS6 Disaggregation for Large 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 Large Flat-Rolled Stainless Steel.
It is possible to select the main countries that export or import Large Flat-Rolled Stainless Steel in the world, or by continent, as well as select the measure of interest.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $74.2M
TOP IMPORT POTENTIALChina+ $37.5M

Large Flat-Rolled Stainless Steel’s highest export potential is India. With an export gap of $74.2M.  Large Flat-Rolled Stainless Steel’s highest import potential is China with an import gap of $37.5M.

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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)

Country by Relatedness

The following visualization shows the relatedness of Large 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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