# HS 722840 Bars And Rods global trade data overview | Yugalinks

Reported global trade in bars and rods, forged reached $1.2B in 2024, with five-year annual growth of +0.8%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.2B | -5.8% | +8.2% |
| 2014 | $1.3B | +8% | -3.5% |
| 2015 | $1.1B | -14.9% | -4.7% |
| 2016 | $935.7M | -17.8% | -8.9% |
| 2017 | $1.1B | +16.8% | -6.6% |
| 2018 | $1.4B | +23.8% | +5.9% |
| 2019 | $1.2B | -13.4% | +7.8% |
| 2020 | $983.8M | -16% | -3.4% |
| 2021 | $1.2B | +26% | -2.9% |
| 2022 | $1.5B | +22.7% | +9.1% |
| 2023 | $1.4B | -4.7% | +13.8% |
| 2024 | $1.2B | -15.8% | -0.5% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $131.9M | +3.8% | 24 |
| Italy | $111.2M | -0.1% | 29 |
| India | $96.4M | +9.1% | 24 |
| Germany | $79.6M | +0.3% | 33 |
| Turkey | $77.7M | +2% | 22 |
| Belgium | $59.5M | +4% | 15 |
| Republic of Korea | $59.3M | +1.9% | 16 |
| USA | $58.6M | -7.6% | 26 |
| Taiwan | $46.8M | +0.9% | 17 |
| Spain | $45.0M | +6.9% | 19 |
| Canada | $33.2M | +11.8% | 19 |
| Mexico | $28.4M | +4.1% | 19 |

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