# HS 720110 Non-Alloy Pig Iron Containing By Wei global trade...

Reported global trade in non-alloy pig iron containing by weight 0.5% or less of phosphorus, in pigs, blocks or other primary forms reached $4.3B in 2024, with five-year annual growth of +0.5%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $4.9B | -9.7% | +2.3% |
| 2014 | $5.0B | +2.3% | -8.8% |
| 2015 | $3.6B | -28.1% | -12.7% |
| 2016 | $2.9B | -19% | -15.9% |
| 2017 | $4.1B | +41.3% | -6.3% |
| 2018 | $5.3B | +29.7% | +14.1% |
| 2019 | $4.2B | -21.4% | +12.9% |
| 2020 | $4.5B | +8.3% | +3.4% |
| 2021 | $7.0B | +54.5% | +9.6% |
| 2022 | $6.8B | -3.2% | +17.4% |
| 2023 | $5.0B | -25.7% | +3.6% |
| 2024 | $4.3B | -14.7% | -15% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $2.0B | +4.1% | 16 |
| Turkey | $542.7M | +5% | 12 |
| Italy | $495.8M | +3% | 26 |
| Netherlands | $151.2M | -1.5% | 27 |
| Taiwan | $93.3M | -8.5% | 8 |
| Germany | $78.5M | -10.2% | 25 |
| India | $75.3M | +57.7% | 22 |
| Mexico | $67.5M | -8.9% | 15 |
| Spain | $64.8M | -7.4% | 19 |
| Poland | $61.2M | -5.2% | 19 |
| Republic of Korea | $59.8M | -0.4% | 14 |
| France | $53.2M | -0.1% | 24 |

_Source: reported merchandise trade data. Updated 2026-08-14._