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Alloy steel sheet: top exporters and importers (2024)

In 2024, world trade in alloy steel sheet totaled $31.4 billion (28.6 million tonnes). The top exporters were China (16%), Japan (15%) and Germany (11%); the top importers were Mexico (10%), Germany (6%) and the United States (6%). Compared with 2019, the value rose 7%.

Summary

World trade
$31.4billion
Tonnes
28.6million tonnes
Price per tonne
$1,100
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$5.2 billion · 16.4%
  2. Japan$4.6 billion · 14.7%
  3. Germany$3.5 billion · 11%
  4. South Korea$2.5 billion · 7.9%
  5. United States$2.2 billion · 7%
  6. France$1.9 billion · 5.9%
  7. Austria$1.8 billion · 5.8%
  8. Belgium$1.8 billion · 5.6%
    re-exports
  9. Sweden$1.7 billion · 5.4%
  10. Netherlands$1 billion · 3.2%
    re-exports
  11. Canada$912 million · 2.9%
  12. United Kingdom$566 million · 1.8%
  13. Finland$529 million · 1.7%
  14. Slovakia$524 million · 1.7%
  15. Taiwan$514 million · 1.6%
  16. Russia$355 million · 1.1%
  17. Spain$351 million · 1.1%
  18. Poland$248 million · 0.79%
  19. Slovenia$182 million · 0.58%
  20. Italy$156 million · 0.5%

Top importers

  1. Mexico$3 billion · 9.5%
  2. Germany$2 billion · 6.3%
  3. United States$1.9 billion · 6.1%
  4. India$1.8 billion · 5.7%
  5. Turkey$1.7 billion · 5.4%
  6. China$1.6 billion · 5.2%
  7. Thailand$1.5 billion · 4.6%
  8. Italy$1.4 billion · 4.6%
  9. Indonesia$1.3 billion · 4.1%
  10. Spain$1.1 billion · 3.4%
  11. Canada$1.1 billion · 3.4%
  12. Poland$1 billion · 3.2%
  13. Czechia$983 million · 3.1%
  14. France$922 million · 2.9%
  15. Vietnam$679 million · 2.2%
  16. Belgium$648 million · 2.1%
    re-exports
  17. Sweden$607 million · 1.9%
  18. South Korea$596 million · 1.9%
  19. Netherlands$574 million · 1.8%
    re-exports
  20. United Kingdom$531 million · 1.7%

Trend

Who sells it

China has been the top exporter since 2014

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

  • China 5.2
  • Japan 4.6
  • Germany 3.5
  • South Korea 2.5
  • United States 2.2

Source: CEPII BACI

Show the numbers
Country19952024
China0.015.2
Japan1.74.6
Germany0.723.5
South Korea0.092.5
United States0.152.2

Price

Implied price

The price per tonne rose 35% since 1995

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

  • 2024: $1,100

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$812
1996$826
1997$763
1998$706
1999$599
2000$611
2001$554
2002$533
2003$627
2004$740
2005$922
2006$948
2007$1,129
2008$1,318
2009$1,199
2010$992
2011$1,091
2012$975
2013$886
2014$870
2015$674
2016$704
2017$756
2018$878
2019$828
2020$801
2021$1,025
2022$1,286
2023$1,218
2024$1,100

What it includes

  • 7225 · Alloy steel sheet

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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