# HS 722720 Bars And Rods global trade data overview | Yugalinks

Reported global trade in bars and rods, hot-rolled, in irregularly wound coils, of silico-manganese steel reached $415.4M in 2024, with five-year annual growth of -2.2%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $497.7M | +1.2% | +8.3% |
| 2014 | $499.2M | +0.3% | -1.2% |
| 2015 | $425.7M | -14.7% | -4.7% |
| 2016 | $412.9M | -3% | -6% |
| 2017 | $462.4M | +12% | -2.5% |
| 2018 | $532.7M | +15.2% | +7.8% |
| 2019 | $464.7M | -12.8% | +4% |
| 2020 | $347.2M | -25.3% | -9.1% |
| 2021 | $534.7M | +54% | +0.1% |
| 2022 | $495.6M | -7.3% | +2.2% |
| 2023 | $382.2M | -22.9% | +3.3% |
| 2024 | $415.4M | +8.7% | -8.1% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $71.4M | +4.2% | 6 |
| Viet Nam | $46.9M | +3.7% | 6 |
| Indonesia | $40.4M | +5% | 7 |
| Mexico | $36.6M | +20.3% | 11 |
| Republic of Korea | $31.6M | -9.2% | 7 |
| Italy | $30.7M | -13.9% | 13 |
| Japan | $20.5M | +30.4% | 6 |
| Malaysia | $18.3M | -15.5% | 4 |
| Taiwan | $17.1M | +26.9% | 10 |
| China | $16.5M | -1.1% | 4 |
| Belarus | $12.4M | +5.5% | 3 |
| Germany | $11.2M | -2.8% | 12 |

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