# HS 721410 Bars And Rods global trade data overview | Yugalinks

Reported global trade in bars and rods, forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling reached $1.6B in 2024, with five-year annual growth of +24.7%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $454.1M | -16.5% | +5.2% |
| 2014 | $416.7M | -8.3% | -5.3% |
| 2015 | $323.6M | -22.3% | -15.9% |
| 2016 | $330.2M | +2% | -10.1% |
| 2017 | $372.5M | +12.8% | -3.7% |
| 2018 | $586.2M | +57.4% | +21.9% |
| 2019 | $514.1M | -12.3% | +15.9% |
| 2020 | $394.2M | -23.3% | +1.9% |
| 2021 | $463.4M | +17.6% | -7.5% |
| 2022 | $1.8B | +282.5% | +51.1% |
| 2023 | $2.0B | +12.4% | +71.6% |
| 2024 | $1.6B | -22.1% | +49.6% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China, Hong Kong Special Administrative Region | $692.3M | +476.7% | 2 |
| Singapore | $363.4M | +113.3% | 17 |
| Iraq | $87.4M | +343.4% | 4 |
| Cambodia | $48.9M | -3.4% | 4 |
| Germany | $31.1M | -5.6% | 28 |
| Belgium | $20.4M | +8.7% | 17 |
| Myanmar | $19.0M | -21.2% | 5 |
| Mexico | $17.0M | +20.9% | 16 |
| Brunei | $16.1M | +183.3% | 5 |
| Republic of Korea | $14.0M | +14% | 4 |
| Netherlands | $13.9M | -5.6% | 38 |
| Italy | $13.7M | +24.9% | 23 |

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