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Alloy steel bars and sections: top exporters and importers (2024)

In 2024, world trade in alloy steel bars and sections totaled $11.5 billion (8.1 million tonnes). The top exporters were China (23%), Germany (11%) and Japan (7%); the top importers were Germany (10%), Mexico (7%) and the United States (6%). Compared with 2019, the value fell 10%.

Summary

World trade
$11.5billion
Tonnes
8.1million tonnes
Price per tonne
$1,416
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$2.6 billion · 22.8%
  2. Germany$1.3 billion · 11.3%
  3. Japan$836 million · 7.3%
  4. Italy$764 million · 6.6%
  5. United States$749 million · 6.5%
  6. Sweden$512 million · 4.5%
  7. Spain$485 million · 4.2%
  8. Austria$405 million · 3.5%
  9. South Korea$386 million · 3.4%
  10. Turkey$383 million · 3.3%
  11. Canada$366 million · 3.2%
  12. Czechia$301 million · 2.6%
  13. France$243 million · 2.1%
  14. Slovenia$210 million · 1.8%
  15. Poland$208 million · 1.8%
  16. Taiwan$187 million · 1.6%
  17. Brazil$157 million · 1.4%
  18. United Kingdom$153 million · 1.3%
  19. India$133 million · 1.2%
  20. Finland$110 million · 0.95%

Top importers

  1. Germany$1.1 billion · 10%
  2. Mexico$774 million · 6.7%
  3. United States$731 million · 6.4%
  4. France$539 million · 4.7%
  5. China$498 million · 4.3%
  6. Italy$458 million · 4%
  7. South Korea$428 million · 3.7%
  8. Indonesia$413 million · 3.6%
  9. Canada$406 million · 3.5%
  10. India$375 million · 3.3%
  11. Thailand$328 million · 2.9%
  12. Poland$321 million · 2.8%
  13. Turkey$301 million · 2.6%
  14. Austria$249 million · 2.2%
  15. United Kingdom$243 million · 2.1%
  16. Spain$227 million · 2%
  17. Taiwan$226 million · 2%
  18. Romania$211 million · 1.8%
  19. Czechia$197 million · 1.7%
  20. Brazil$182 million · 1.6%

Trend

Who sells it

China has been the top exporter since 2010

Value in USD billions. The five largest exporters in 2024.

  • China 2.6
  • Germany 1.3
  • Japan 0.84
  • Italy 0.76
  • United States 0.75

Source: CEPII BACI

Show the numbers
Country19952024
China0.042.6
Germany0.511.3
Japan0.30.84
Italy0.180.76
United States0.180.75

Price

Implied price

The price per tonne rose 44% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $1,416

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$986
1996$676
1997$587
1998$579
1999$655
2000$614
2001$600
2002$652
2003$742
2004$923
2005$1,146
2006$1,202
2007$866
2008$1,604
2009$1,211
2010$1,354
2011$1,253
2012$1,324
2013$1,047
2014$1,010
2015$832
2016$854
2017$945
2018$1,129
2019$1,105
2020$1,044
2021$1,259
2022$1,596
2023$1,566
2024$1,416

What it includes

  • 7228 · Alloy steel bars and sections

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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