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Coated narrow steel strip: top exporters and importers (2024)

In 2024, world trade in coated narrow steel strip totaled $5 billion (4.5 million tonnes). The top exporters were China (22%), Germany (16%) and the United States (6%); the top importers were Germany (6%), France (6%) and the United States (6%). Compared with 2019, the value rose 16%.

Summary

World trade
$5billion
Tonnes
4.5million tonnes
Price per tonne
$1,109
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$1.1 billion · 21.7%
  2. Germany$797 million · 15.9%
  3. United States$301 million · 6%
  4. Netherlands$257 million · 5.1%
    re-exports
  5. South Korea$254 million · 5.1%
  6. Italy$253 million · 5%
  7. Belgium$221 million · 4.4%
    re-exports
  8. Japan$185 million · 3.7%
  9. Vietnam$168 million · 3.3%
  10. Austria$138 million · 2.7%
  11. France$120 million · 2.4%
  12. Spain$105 million · 2.1%
  13. United Kingdom$100 million · 2%
  14. Turkey$94 million · 1.9%
  15. Sweden$88 million · 1.8%
  16. Canada$66 million · 1.3%
  17. Hungary$61 million · 1.2%
  18. Portugal$60 million · 1.2%
  19. United Arab Emirates$57 million · 1.1%
  20. Slovakia$54 million · 1.1%

Top importers

  1. Germany$325 million · 6.5%
  2. France$322 million · 6.4%
  3. United States$311 million · 6.2%
  4. Austria$261 million · 5.2%
  5. Poland$222 million · 4.4%
  6. China$199 million · 4%
  7. Indonesia$185 million · 3.7%
  8. Mexico$181 million · 3.6%
  9. Philippines$169 million · 3.4%
  10. Czechia$151 million · 3%
  11. Canada$145 million · 2.9%
  12. Vietnam$138 million · 2.8%
  13. Thailand$121 million · 2.4%
  14. Italy$108 million · 2.1%
  15. Netherlands$106 million · 2.1%
    re-exports
  16. India$100 million · 2%
  17. Slovakia$92 million · 1.8%
  18. Bangladesh$88 million · 1.8%
  19. South Korea$87 million · 1.7%
  20. Malaysia$82 million · 1.6%

Trend

Who sells it

China has been the top exporter since 2023

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

  • China 1.1
  • Germany 0.8
  • United States 0.3
  • Netherlands 0.26
  • South Korea 0.25

Source: CEPII BACI

Show the numbers
Country19952024
China0.011.1
Germany0.410.8
United States0.120.3
Netherlands0.030.26
South Korea0.090.25

Price

Implied price

The price per tonne rose 22% since 1995

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

  • 2024: $1,109

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$910
1996$897
1997$782
1998$778
1999$728
2000$701
2001$723
2002$594
2003$696
2004$663
2005$1,044
2006$1,020
2007$1,142
2008$1,341
2009$1,208
2010$1,100
2011$1,349
2012$1,186
2013$732
2014$1,230
2015$372
2016$938
2017$1,082
2018$1,229
2019$1,128
2020$1,035
2021$1,399
2022$1,417
2023$1,242
2024$1,109

What it includes

  • 7212 · Coated narrow steel strip

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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