# HS2 72 Iron and steel trade corridors | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.

Explore reported Iron and steel trade corridors at HS2 72: leading routes, trade value, three-year growth, HS6 coverage, distance, and FTA context.

Canonical: https://www.yugalinks.com/trade/sector/hs2/72/corridors

## Page details

- Page type: HS2 sector top trade corridors
- Sector: **HS2 72 - Iron and steel**
- Coverage: 1,995-2,024
- Publisher: [Yugalinks](https://www.yugalinks.com/)
- LinkedIn: [Follow Yugalinks](https://in.linkedin.com/company/yugalinks)

## Sector snapshot

| Measure | Value |
| --- | ---: |
| Latest reported sector trade | $454.5B |
| Corridors shown | 25 |
| Active HS6 products | 167 |
| Top five corridor share | 9.4% |
| Reported trend | Declining |

## Explore this sector

- [Read the HS2 sector overview](https://www.yugalinks.com/trade/sector/hs2/72)
- [Open the Iron and steel workspace](https://www.yugalinks.com/app?hs=7200)
- [Check data coverage](https://www.yugalinks.com/data-coverage)
- [Read the methodology](https://www.yugalinks.com/methodology)
- [Review data sources](https://www.yugalinks.com/data-sources)

## Leading route

The leading reported corridor is **Indonesia -> China**, with $15.6B in the latest reported year, +7.7% three-year growth, 3.4% market share, 76 active HS6 products, 4,425 km, and reported FTA context.

## Corridor ranking

| Rank | Route | Latest trade | 3-year growth | Market share | HS6 products | Distance | FTA context |
| ---: | --- | ---: | ---: | ---: | ---: | ---: | --- |
| 1 | Indonesia -> China | $15.6B | +7.7% | 3.4% | 76 | 4,425 km | Reported |
| 2 | Canada -> USA, Puerto Rico and US Virgin Islands | $7.6B | -5.8% | 1.7% | 157 | 556 km | Reported |
| 3 | USA, Puerto Rico and US Virgin Islands -> Mexico | $7.4B | +4.9% | 1.6% | 165 | 3,359 km | Reported |
| 4 | China -> Viet Nam | $6.5B | +11.9% | 1.4% | 157 | 2,732 km | Reported |
| 5 | China -> Republic of Korea | $5.7B | -5.6% | 1.2% | 162 | 867 km | Reported |
| 6 | Brazil -> USA, Puerto Rico and US Virgin Islands | $5.5B | +0.7% | 1.2% | 119 | 7,658 km | Not reported |
| 7 | USA, Puerto Rico and US Virgin Islands -> Canada | $4.4B | -0.7% | 1% | 166 | 556 km | Reported |
| 8 | Japan -> Republic of Korea | $4.1B | -12.9% | 0.9% | 153 | 1,155 km | Not reported |
| 9 | China -> Indonesia | $3.7B | +10.5% | 0.8% | 162 | 4,425 km | Reported |
| 10 | Japan -> Thailand | $3.7B | -10.3% | 0.8% | 148 | 4,604 km | Reported |
| 11 | Belgium -> France | $3.4B | -6.3% | 0.8% | 159 | 264 km | Reported |
| 12 | China -> Thailand | $3.4B | -2.5% | 0.7% | 159 | 2,887 km | Reported |
| 13 | Belgium -> Germany | $3.4B | -4.8% | 0.7% | 150 | 653 km | Reported |
| 14 | Germany -> Poland | $3.3B | +1% | 0.7% | 160 | 518 km | Reported |
| 15 | Mexico -> USA, Puerto Rico and US Virgin Islands | $3.2B | -11.3% | 0.7% | 136 | 3,359 km | Reported |
| 16 | France -> Germany | $3.2B | -8.7% | 0.7% | 162 | 881 km | Reported |
| 17 | China -> Turkey | $3.0B | +15.5% | 0.7% | 152 | 8,004 km | Not reported |
| 18 | Republic of Korea -> Japan | $3.0B | -0% | 0.7% | 138 | 1,155 km | Not reported |
| 19 | Austria -> Germany | $3.0B | +1.7% | 0.7% | 161 | 524 km | Reported |
| 20 | Japan -> China | $3.0B | -19% | 0.7% | 155 | 1,763 km | Not reported |
| 21 | Germany -> Italy | $3.0B | -6.1% | 0.7% | 163 | 1,184 km | Reported |
| 22 | China -> United Arab Emirates | $2.9B | +32.5% | 0.6% | 158 | 6,430 km | Not reported |
| 23 | Italy -> Germany | $2.9B | -14.2% | 0.6% | 162 | 1,184 km | Reported |
| 24 | China -> Saudi Arabia | $2.9B | +31.9% | 0.6% | 158 | 7,253 km | Not reported |
| 25 | Germany -> France | $2.8B | -5.4% | 0.6% | 164 | 881 km | Reported |

## Growth leaders

- **China -> United Arab Emirates**: +32.5% three-year growth, $2.9B latest value, 0.6% market share, and 6,430 km.
- **China -> Saudi Arabia**: +31.9% three-year growth, $2.9B latest value, 0.6% market share, and 7,253 km.
- **China -> Turkey**: +15.5% three-year growth, $3.0B latest value, 0.7% market share, and 8,004 km.
- **China -> Viet Nam**: +11.9% three-year growth, $6.5B latest value, 1.4% market share, and 2,732 km.
- **China -> Indonesia**: +10.5% three-year growth, $3.7B latest value, 0.8% market share, and 4,425 km.

## Access comparison

| Route context | Latest trade | Corridors | Average 3-year growth |
| --- | ---: | ---: | ---: |
| FTA reported | $86.2B | 18 | -2.5% |
| FTA not reported | $24.4B | 7 | +7% |

## Call to action

[Open the Iron and steel workspace](https://www.yugalinks.com/app?hs=7200) - compare the sector across countries, products, and routes in the Yugalinks workspace.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.