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Stainless steel strip: top exporters and importers (2024)

In 2024, world trade in stainless steel strip totaled $5 billion (1.3 million tonnes). The top exporters were Germany (13%), China (11%) and Italy (10%); the top importers were Germany (13%), Italy (6%) and Mexico (6%). Compared with 2019, the value rose 7%.

Summary

World trade
$5billion
Tonnes
1.3million tonnes
Price per tonne
$3,763
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Germany$660 million · 13.3%
  2. China$551 million · 11.1%
  3. Italy$492 million · 9.9%
  4. United States$480 million · 9.7%
  5. Japan$465 million · 9.4%
  6. France$332 million · 6.7%
  7. Sweden$276 million · 5.6%
  8. South Korea$256 million · 5.2%
  9. Finland$220 million · 4.4%
  10. Belgium$166 million · 3.4%
    re-exports
  11. India$165 million · 3.3%
  12. Romania$136 million · 2.8%
  13. Taiwan$119 million · 2.4%
  14. Spain$102 million · 2.1%
  15. Malaysia$99 million · 2%
  16. Netherlands$66 million · 1.3%
    re-exports
  17. Austria$45 million · 0.91%
  18. Turkey$34 million · 0.69%
  19. Poland$33 million · 0.66%
  20. Slovenia$30 million · 0.6%

Top importers

  1. Germany$629 million · 12.7%
  2. Italy$312 million · 6.3%
  3. Mexico$288 million · 5.8%
  4. United States$284 million · 5.7%
  5. Poland$246 million · 5%
  6. China$238 million · 4.8%
  7. India$175 million · 3.5%
  8. Vietnam$172 million · 3.5%
  9. France$155 million · 3.1%
  10. Turkey$154 million · 3.1%
  11. Thailand$146 million · 2.9%
  12. United Kingdom$128 million · 2.6%
  13. Canada$126 million · 2.5%
  14. Austria$125 million · 2.5%
  15. Romania$122 million · 2.5%
  16. Czechia$112 million · 2.3%
  17. Spain$111 million · 2.2%
  18. Switzerland$103 million · 2.1%
  19. Denmark$90 million · 1.8%
  20. Netherlands$87 million · 1.8%
    re-exports

Trend

Who sells it

Germany has been the top exporter since 2011

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

  • Germany 0.66
  • China 0.55
  • Italy 0.49
  • United States 0.48
  • Japan 0.46

Source: CEPII BACI

Show the numbers
Country19952024
Germany0.430.66
China0.010.55
Italy0.110.49
United States0.160.48
Japan0.430.46

Price

Implied price

The price per tonne rose 25% since 1995

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

  • 2024: $3,763

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$2,998
1996$2,641
1997$1,974
1998$2,043
1999$1,767
2000$2,247
2001$2,106
2002$1,955
2003$2,218
2004$2,586
2005$3,033
2006$3,318
2007$4,136
2008$3,889
2009$3,071
2010$1,263
2011$3,859
2012$3,608
2013$2,704
2014$3,224
2015$2,910
2016$2,758
2017$3,091
2018$3,414
2019$3,137
2020$3,173
2021$3,588
2022$4,333
2023$4,494
2024$3,763

What it includes

  • 7220 · Stainless 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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