T3 · Product exporter position

China exports of Iron or non-alloy steel: flat-rolled, width less than 600mm, plated or coated with zinc (not electrolytically) (HS 721230)

See where China stands in iron or non-alloy steel: flat-rolled, width less than 600mm, plated or coated with zinc (not electrolytically): export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 721230Latest year 2024Rapid decline

Latest exports

$670.2MLatest observed lane total

Destination markets

175Reported active markets

Three-year growth

-10.7%Annualized change

Destination HHI

1,470Destination concentration

Weighted share

82%Reported market position

Exporter evidence

How strong is China in Iron or non-alloy steel: flat-rolled, width less than 600mm, plated or coated with zinc (not electrolytically)?

Reported exporter totals and calculated indicators for HS 721230. Values retain their observed coverage period.

Exporter scale

Latest exports$670.2M
Current 2024 exports$668.2M
Three-year average$1.0B
Historical peak$2.0B

Market position

Active destinations175
Destination HHI1,470
Weighted share82%
Share change+0.9 pp

Competitiveness

Three-year growth-10.7%
Volatility1.8
Maximum drawdown88%
TrendRapid decline
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$670.2MSum of latest observed destination-lane values
Current 2024 exports$668.2MCommon-year comparison where reported
Three-year growth-10.7%Annualized change in exporter totals
Five-year growth+25.1%Annualized change in exporter totals
Leading destinationPHLDestination with the largest observed export value
Leading destination share34.6%Share of observed exporter totals
Destination concentration1,470HHI across destination markets
Weighted share change+0.9 ppValue-weighted latest change in market share
Limited-history lanes6.3%Share of lanes with shorter history

Destination markets

Where does China sell iron or non-alloy steel: flat-rolled, width less than 600mm, plated or coated with zinc (not electrolytically)?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Philippines$231.9M98.2%-31.5%FTA reportedGrowing
Viet Nam$66.6M91.9%+104.4%FTA reportedGrowing
Bangladesh$59.3M93.3%+39.2%0.7% tariffAccelerating
Algeria$36.6M60.3%+108%0.2% tariffAccelerating
Thailand$28.6M61.8%+111.1%FTA reportedAccelerating
Turkey$21.7M73.2%+8.5%0.1% tariffGrowing
Dominican Republic$21.3M98.1%+7.2%0.1% tariffGrowing
Republic of Korea$19.3M85%+17.4%FTA reportedGrowing
Laos$12.7M91.5%+142.3%FTA reportedAccelerating
Colombia$12.1M91.6%+25.2%0.1% tariffAccelerating
Indonesia$9.8M68%+10.6%FTA reportedAccelerating
Malaysia$8.0M51.2%-28.5%FTA reportedAccelerating
Israel$7.4M60.5%-11.4%0.1% tariffGrowing
Mexico$5.6M4.9%+37.2%0.1% tariffAccelerating
Cambodia$4.9M11.5%+7.6%FTA reportedAccelerating

Destination

Philippines

Latest exports
$231.9M
Market share
98.2%
Growth
-31.5%
Access
FTA reported
Signal
Growing

Destination

Viet Nam

Latest exports
$66.6M
Market share
91.9%
Growth
+104.4%
Access
FTA reported
Signal
Growing

Destination

Bangladesh

Latest exports
$59.3M
Market share
93.3%
Growth
+39.2%
Access
0.7% tariff
Signal
Accelerating

Destination

Algeria

Latest exports
$36.6M
Market share
60.3%
Growth
+108%
Access
0.2% tariff
Signal
Accelerating

Destination

Thailand

Latest exports
$28.6M
Market share
61.8%
Growth
+111.1%
Access
FTA reported
Signal
Accelerating

Destination

Turkey

Latest exports
$21.7M
Market share
73.2%
Growth
+8.5%
Access
0.1% tariff
Signal
Growing

Destination

Dominican Republic

Latest exports
$21.3M
Market share
98.1%
Growth
+7.2%
Access
0.1% tariff
Signal
Growing

Destination

Republic of Korea

Latest exports
$19.3M
Market share
85%
Growth
+17.4%
Access
FTA reported
Signal
Growing

Destination

Laos

Latest exports
$12.7M
Market share
91.5%
Growth
+142.3%
Access
FTA reported
Signal
Accelerating

Destination

Colombia

Latest exports
$12.1M
Market share
91.6%
Growth
+25.2%
Access
0.1% tariff
Signal
Accelerating

Destination

Indonesia

Latest exports
$9.8M
Market share
68%
Growth
+10.6%
Access
FTA reported
Signal
Accelerating

Destination

Malaysia

Latest exports
$8.0M
Market share
51.2%
Growth
-28.5%
Access
FTA reported
Signal
Accelerating

Destination

Israel

Latest exports
$7.4M
Market share
60.5%
Growth
-11.4%
Access
0.1% tariff
Signal
Growing

Destination

Mexico

Latest exports
$5.6M
Market share
4.9%
Growth
+37.2%
Access
0.1% tariff
Signal
Accelerating

Destination

Cambodia

Latest exports
$4.9M
Market share
11.5%
Growth
+7.6%
Access
FTA reported
Signal
Accelerating

Price intelligence

How does China's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Malawi: $29.3K / ton.

Lowest reported price

Zambia: $10.3 / ton.

Median price

$1.0K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 721230 where available.

YearExportsYear-on-year changeActive destinations
2010$165.8M+102.3%145
2011$98.3M-40.7%141
2012$88.1M-10.4%133
2013$91.0M+3.3%143
2014$103.3M+13.5%156
2015$114.2M+10.6%153
2016$121.4M+6.3%162
2017$145.8M+20.1%159
2018$165.2M+13.2%165
2019$218.0M+32%168
2020$283.7M+30.2%160
2021$939.3M+231%166
2022$1.5B+58.2%167
2023$944.3M-36.4%171
2024$668.2M-29.2%175

Exporter context

China economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 721230.

China has reported exports of $3.5T and a trade balance of $1.2T in 2024.

Available structural indicators include 34.6% trade openness, 44.5% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about China iron or non-alloy steel: flat-rolled, width less than 600mm, plated or coated with zinc (not electrolytically) exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.