Selection And Optimization Of Export Market Of China’s Iron And Steel Products

Since the Chinese iron and steel industry entered a period of rapid development in 2000,the output of Chinese iron and steel products has increased year by year,and exports have also shown an upward trend.In 2006,China became a net exporter of steel products.However,the global financial crisis in 2008 made the world economic situation worse and trade protectionism prevailed.As the largest export market for iron and steel products in China,the United States has launched a large-scale anti-dumping investigation against steel products exported from China.Friction in iron and steel products trade has been frequent and the export situation of Chinese iron and steel products has become increasingly severe.In order to improve the situation of China’s iron and steel products exports,in addition to improving the quality and optimizing the structure of products,the export market must also be structurally optimized,increase the diversity of export markets,choose a market with high export potential as the key objective,and improve China.Export situation of iron and steel products.Therefore,this paper focuses on the selection and optimization of China’s iron and steel products export market.This article first analyzes the status quo and the changing trend of China’s iron and steel products export market from the perspective of geographical distribution,market structure,and the matching of world import markets.The analysis results show that the Chinese iron and steel products export market gradually tends to be optimized from 2007-2016.Secondly,this paper calculates the dependency coefficient and analyzes the dependence of Chinese steel products’ exports on specific markets.Then,this paper selects the panel data of 36 major export markets between 2007 and 2016,combines the stochastic frontier method with the trade gravitation model,and analyzes the influencing factors of China’s iron and steel product export volume based on the stochastic frontier gravity model,using the trade inefficiency model.After analyzing the factors of export inefficiencies and measuring the export efficiency and export potential,the results show that from the perspective of time trends,the export efficiency of China’s iron and steel products has been declining year by year,that is,the excavation of export market potential is getting lower and lower;From a country perspective,Chile,Nigeria and other Asian countries and the United States have higher export efficiency,while France,Russia and other countries have lower export efficiency,and there is ample room for export growth.Finally,based on the dependence of export markets of Chinese iron and steel products,export efficiency,and export expansion space,the export market for Chinese iron and steel products is divided,and reasonable suggestions are made for the selection and optimization of Chinese iron and steel products export markets,thereby reducing political and economic risks.Reduce trade friction disputes,tap the potential of export markets,and promote the sustained and healthy development of China’s iron and steel products export market.