# HS 720690 Primary Forms (Excluding Ingots And  global trade...

Reported global trade in primary forms (excluding ingots and iron of heading no. 7203) reached $358.1M in 2024, with five-year annual growth of +16.2%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $898.7M | -25.2% | +65.1% |
| 2014 | $401.4M | -55.3% | -8.5% |
| 2015 | $271.6M | -32.3% | -39.1% |
| 2016 | $369.3M | +36% | -25.7% |
| 2017 | $604.8M | +63.8% | +14.6% |
| 2018 | $297.0M | -50.9% | +3% |
| 2019 | $169.3M | -43% | -22.9% |
| 2020 | $110.2M | -34.9% | -43.3% |
| 2021 | $244.2M | +121.6% | -6.3% |
| 2022 | $349.3M | +43.1% | +27.3% |
| 2023 | $353.2M | +1.1% | +47.5% |
| 2024 | $358.1M | +1.4% | +13.6% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Italy | $199.9M | +126.4% | 23 |
| Germany | $41.1M | -1.5% | 34 |
| Spain | $10.4M | +16.9% | 23 |
| Egypt | $10.0M | +76.2% | 9 |
| South Africa | $9.9M | +161.3% | 15 |
| United Kingdom | $8.3M | +17.1% | 23 |
| Latvia | $6.9M | +4.7% | 11 |
| Netherlands | $5.3M | -11.5% | 30 |
| France | $5.2M | -18% | 29 |
| Singapore | $4.3M | +39.2% | 13 |
| Trinidad and Tobago | $4.1M | +347.3% | 2 |
| Finland | $3.0M | -18.7% | 17 |

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