# HS 722611 Flat-Rolled global trade data overview | Yugalinks

Reported global trade in flat-rolled, width less than 600mm, of silicon-electrical steel, grain-oriented reached $742.1M in 2024, with five-year annual growth of +11%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $534.9M | -16% | -10.4% |
| 2014 | $434.0M | -18.9% | -14.9% |
| 2015 | $554.9M | +27.8% | -4.5% |
| 2016 | $529.5M | -4.6% | -0.3% |
| 2017 | $536.2M | +1.3% | +7.3% |
| 2018 | $511.1M | -4.7% | -2.7% |
| 2019 | $441.3M | -13.7% | -5.9% |
| 2020 | $435.9M | -1.2% | -6.7% |
| 2021 | $661.5M | +51.7% | +9% |
| 2022 | $892.4M | +34.9% | +26.5% |
| 2023 | $959.4M | +7.5% | +30.1% |
| 2024 | $742.1M | -22.6% | +3.9% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $70.0M | +23.4% | 11 |
| Spain | $61.3M | +11% | 14 |
| China | $45.8M | +30.6% | 21 |
| Canada | $43.1M | +23% | 13 |
| Germany | $42.4M | +2.1% | 21 |
| Hungary | $39.1M | +10.7% | 9 |
| Poland | $37.0M | +35.8% | 9 |
| Italy | $32.4M | +8.3% | 22 |
| Mexico | $31.3M | +8.6% | 19 |
| Ireland | $27.8M | +21% | 12 |
| Lebanon | $21.9M | +37.4% | 5 |
| Australia | $15.3M | +3.9% | 10 |

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