Leading Nations in Iron and Steel Exports

In 2023, global exports of iron and steel reached a total value of $541 billion, reflecting a compound annual growth rate (CAGR) of 6.0% from 2000 to 2023. This rate marginally surpassed the 5.8% CAGR observed for total merchandise exports during the same period. Key exporting countries included China, with exports valued at $88.7 billion, and Germany, at $36.5 billion.

Source: Visual Capitalist – VORONOI