# HS 720150 Alloy Pig Iron global trade data overview | Yugalinks

Reported global trade in alloy pig iron, spiegeleisen, in pigs, blocks or other primary forms reached $489.0M in 2024, with five-year annual growth of +6.5%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $229.1M | -4.6% | -12.6% |
| 2014 | $220.2M | -3.9% | +31.6% |
| 2015 | $353.2M | +60.4% | +13.7% |
| 2016 | $483.4M | +36.9% | +28.3% |
| 2017 | $247.4M | -48.8% | +4% |
| 2018 | $256.5M | +3.7% | -10.1% |
| 2019 | $356.8M | +39.1% | -9.6% |
| 2020 | $297.9M | -16.5% | +6.4% |
| 2021 | $243.8M | -18.1% | -1.7% |
| 2022 | $229.8M | -5.7% | -13.6% |
| 2023 | $331.1M | +44.1% | +3.6% |
| 2024 | $489.0M | +47.7% | +26.1% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $315.1M | +28.1% | 12 |
| Belgium | $58.0M | -0.2% | 8 |
| Italy | $30.0M | +32.1% | 9 |
| India | $22.0M | +30% | 13 |
| Spain | $18.0M | +27.6% | 13 |
| Bulgaria | $13.8M | +242.8% | 3 |
| Germany | $6.9M | +3.1% | 20 |
| Taiwan | $3.9M | +7.2% | 7 |
| USA | $2.5M | +48.2% | 12 |
| Viet Nam | $2.4M | +7.4% | 6 |
| Poland | $2.3M | +0.3% | 7 |
| Slovakia | $2.0M | +108% | 7 |

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