Which Country Exports the Most Flat-Rolled Products of Iron and Non-Alloy Steel in the World?

Global flat-rolled products of iron and non-alloy steel exports amounted to X tonnes in 2016, picking up by X% against the previous year level. The total export volume increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations in certain years. The growth pace was the most rapid in 2010, when export increased by X% against the previous year level. Over the period under review, global flat-rolled products of iron and non-alloy steel exports reached its maximum volume in 2016, and are expected to retain its growth in the near future.

In value terms, flat-rolled products of iron and non-alloy steel exports stood at $X in 2016. Overall, flat-rolled products of iron and non-alloy steel exports continue to indicate a relatively flat trend pattern. Over the period under review, global flat-rolled products of iron and non-alloy steel exports reached its maximum level of $X in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.

Top Flat-Rolled Products of Iron and Non-Alloy Steel Exporting Countries in the World

X. China (X billion USD)

X. South Korea (X billion USD)

X. Belgium (X billion USD)

X. Germany (X billion USD)

X. Japan (X billion USD)

X. Netherlands (X billion USD)

X. Italy (X billion USD)

X. France (X billion USD)

X. India (X billion USD)

X. USA (X billion USD)

X. Canada (X billion USD)

X. Viet Nam (X billion USD)

Flat-Rolled Products of Iron and Non-Alloy Steel Exports By Country

China (X tonnes) was the largest exporting country with an export of about X tonnes, which accounted for X% of total exports. South Korea (X tonnes) ranks second globally in flat-rolled products of iron and non-alloy steel exports with a X% share, following Belgium (X%), Japan (X%), Germany (X%), the Netherlands (X%), and Italy (X%). France (X tonnes), India (X tonnes), the U.S. (X tonnes), Viet Nam (X tonnes), and Canada (X tonnes) followed a long way behind this figure.

From 2007 to 2016, average annual rates of growth with regard to flat-rolled products of iron and non-alloy steel exports from China stood at +X%. At the same time, Viet Nam (+X%), Italy (+X%), the Netherlands (+X%), South Korea (+X%), India (+X%), and Canada (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. By contrast, France (-X%), the U.S. (-X%), Belgium (-X%), Germany (-X%), and Japan (-X%) illustrated a downward trend over the same period. Japan (X%), Germany (X%), and Belgium (X%) significantly strengthened its position in terms of the global exports, while Viet Nam, the Netherlands, Italy, South Korea, and China saw its share reduced by -X%, -X%, -X%, -X%, and -X% from 2007 to 2016, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest flat-rolled products of iron and non-alloy steel supplier in the world, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with the share of X% of global exports. It was followed by Belgium, with the share of X%.

In China, flat-rolled products of iron and non-alloy steel exports stood at an average annual rate of +X% over the period from 2007-2016. The remaining exporting countries recorded the following average annual rates: South Korea (+X% per year) and Belgium (-X% per year).

Flat-Rolled Products of Iron and Non-Alloy Steel Export Prices By Country

In 2016, the average export price for flat-rolled products of iron and non-alloy steel amounted to $X per tonne, descending by -X% against the previous year. In general, flat-rolled products of iron and non-alloy steel export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2008, when export increased by X% y-o-y. In that year, average flat-rolled products of iron and non-alloy steel export price reached its maximum level of $X per tonne. From 2009 to 2016, growth of average flat-rolled products of iron and non-alloy steel export price failed to regain its strength.

Export prices varied noticeably by country of destination. the country with the highest export prices was the U.S. ($X per tonne), while China ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of flat-rolled products of iron and non-alloy steel export prices was attained by the U.S. (+X% per year), while the other global leaders experienced mixed trends in the export price figures.

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This article was written on the product's HS-code: X.

Source: IndexBox Platform