# HS 721420 Bars And Rods global trade data overview | Yugalinks

Reported global trade in bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling reached $13.5B in 2024, with five-year annual growth of +2.3%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $16.3B | -6% | +10.9% |
| 2014 | $15.1B | -7.3% | -2.3% |
| 2015 | $11.7B | -23% | -12.5% |
| 2016 | $10.4B | -10.9% | -14% |
| 2017 | $10.5B | +1.4% | -11.4% |
| 2018 | $13.2B | +25.1% | +4.2% |
| 2019 | $12.0B | -8.6% | +5% |
| 2020 | $10.8B | -10.2% | +0.9% |
| 2021 | $18.5B | +71.4% | +12% |
| 2022 | $18.3B | -1.2% | +15% |
| 2023 | $13.8B | -24.5% | +8.5% |
| 2024 | $13.5B | -2.4% | -10.1% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China, Hong Kong Special Administrative Region | $878.3M | +8.1% | 14 |
| Singapore | $587.7M | +5.6% | 20 |
| USA | $548.3M | +0.6% | 29 |
| United Arab Emirates | $513.8M | +7.2% | 19 |
| Yemen | $384.7M | -2.5% | 6 |
| Canada | $359.4M | +0.1% | 28 |
| Poland | $355.1M | +12.2% | 36 |
| Israel | $343.0M | -1.1% | 23 |
| Romania | $287.2M | +6.5% | 33 |
| United Kingdom | $264.4M | +5.1% | 28 |
| Germany | $255.2M | -8% | 40 |
| Cambodia | $236.3M | -5.1% | 4 |

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