Latest HS2 sector trade
$454.5BReported global valueHS2 sector corridor intelligence
Iron and steel
trade corridors
HS2 72 (Iron and steel) · leading exporter-to-importer routes
Explore reported trade routes for HS2 72 (Iron and steel), ranked by the latest trade value and paired with three-year growth, HS6 coverage, distance, and FTA context.
The route picture at a glanceLatest reported year · 2024
HS2 corridors shown
25Leading sector routesHS6 products in sector
167Classifications inside HS2Top five route share
9.4%Of latest HS2 sector tradeLatest reported year
2,024HS2 72 (Iron and steel) coverageThe HS2 72 (Iron and steel) corridor read
Indonesia to China leads reported Iron and steel trade routes.
HS2 72 (Iron and steel) trade is distributed across the displayed exporter-to-importer relationships, with the largest lanes separated from the fastest-growing ones for clearer research. Read the HS2 72 (Iron and steel) overview ↗
Leading route$15.6B+7.7% three-year growth
Top HS2 72 (Iron and steel) corridors
Where HS2 72 (Iron and steel) trade moves
These are the leading exporter-to-importer routes for HS2 72 (Iron and steel). Growth and access are supporting context, not forecasts or tariff recommendations. Review the data sources ↗
HS2 72 (Iron and steel) exporter-to-importer relationshipsTop 25 by value
| Rank | Exporter | Importer | Trade value | 3-year growth | Market share | HS6 products | Distance | FTA |
|---|---|---|---|---|---|---|---|---|
| 1 | IndonesiaIDN | ChinaCHN | $15.6B | +7.7% | 3.4% | 76 | 4,425 km | Reported |
| 2 | CanadaCAN | USA, Puerto Rico and US Virgin IslandsUSA | $7.6B | -5.8% | 1.7% | 157 | 556 km | Reported |
| 3 | USA, Puerto Rico and US Virgin IslandsUSA | MexicoMEX | $7.4B | +4.9% | 1.6% | 165 | 3,359 km | Reported |
| 4 | ChinaCHN | Viet NamVNM | $6.5B | +11.9% | 1.4% | 157 | 2,732 km | Reported |
| 5 | ChinaCHN | Republic of KoreaKOR | $5.7B | -5.6% | 1.2% | 162 | 867 km | Reported |
| 6 | BrazilBRA | USA, Puerto Rico and US Virgin IslandsUSA | $5.5B | +0.7% | 1.2% | 119 | 7,658 km | Not reported |
| 7 | USA, Puerto Rico and US Virgin IslandsUSA | CanadaCAN | $4.4B | -0.7% | 1% | 166 | 556 km | Reported |
| 8 | JapanJPN | Republic of KoreaKOR | $4.1B | -12.9% | 0.9% | 153 | 1,155 km | Not reported |
| 9 | ChinaCHN | IndonesiaIDN | $3.7B | +10.5% | 0.8% | 162 | 4,425 km | Reported |
| 10 | JapanJPN | ThailandTHA | $3.7B | -10.3% | 0.8% | 148 | 4,604 km | Reported |
| 11 | BelgiumBEL | FranceFRA | $3.4B | -6.3% | 0.8% | 159 | 264 km | Reported |
| 12 | ChinaCHN | ThailandTHA | $3.4B | -2.5% | 0.7% | 159 | 2,887 km | Reported |
| 13 | BelgiumBEL | GermanyDEU | $3.4B | -4.8% | 0.7% | 150 | 653 km | Reported |
| 14 | GermanyDEU | PolandPOL | $3.3B | +1% | 0.7% | 160 | 518 km | Reported |
| 15 | MexicoMEX | USA, Puerto Rico and US Virgin IslandsUSA | $3.2B | -11.3% | 0.7% | 136 | 3,359 km | Reported |
| 16 | FranceFRA | GermanyDEU | $3.2B | -8.7% | 0.7% | 162 | 881 km | Reported |
| 17 | ChinaCHN | TurkeyTUR | $3.0B | +15.5% | 0.7% | 152 | 8,004 km | Not reported |
| 18 | Republic of KoreaKOR | JapanJPN | $3.0B | -0% | 0.7% | 138 | 1,155 km | Not reported |
| 19 | AustriaAUT | GermanyDEU | $3.0B | +1.7% | 0.7% | 161 | 524 km | Reported |
| 20 | JapanJPN | ChinaCHN | $3.0B | -19% | 0.7% | 155 | 1,763 km | Not reported |
| 21 | GermanyDEU | ItalyITA | $3.0B | -6.1% | 0.7% | 163 | 1,184 km | Reported |
| 22 | ChinaCHN | United Arab EmiratesARE | $2.9B | +32.5% | 0.6% | 158 | 6,430 km | Not reported |
| 23 | ItalyITA | GermanyDEU | $2.9B | -14.2% | 0.6% | 162 | 1,184 km | Reported |
| 24 | ChinaCHN | Saudi ArabiaSAU | $2.9B | +31.9% | 0.6% | 158 | 7,253 km | Not reported |
| 25 | GermanyDEU | FranceFRA | $2.8B | -5.4% | 0.6% | 164 | 881 km | Reported |
Movement to watch
Growth leaders for HS2 72 (Iron and steel)
The strongest three-year growth rates are starting points for investigation. Check the underlying value and route conditions together. Read the methodology ↗
China to United Arab Emirates+32.5% growth · $2.9B latest value · 0.6% share
China to Saudi Arabia+31.9% growth · $2.9B latest value · 0.6% share
China to Turkey+15.5% growth · $3.0B latest value · 0.7% share
China to Viet Nam+11.9% growth · $6.5B latest value · 1.4% share
China to Indonesia+10.5% growth · $3.7B latest value · 0.8% share
Access comparison
Reported FTA context across HS2 72 (Iron and steel) routes
Compare route value where a reported free-trade agreement indicator is available. Missing access context remains unavailable. Check coverage ↗
FTA reported
$86.2B
18 displayed corridors with average three-year growth of -2.5%.
FTA not reported
$24.4B
7 displayed corridors with average three-year growth of +7%.
How to read this view
How to read the HS2 72 (Iron and steel) corridor view
Trade value identifies observed scale. Growth shows change over the available comparison period. Distance, FTA status, and product counts provide supporting route context. See how indicators are calculated ↗
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.