HS2 sector intelligence

Lead
sector trade overview

A clear view of the lead economy: scale, momentum, market concentration, leading routes, and the products within it.

HS2 781995–2024 coverageStable
Explore the workspace Reported trade intelligence
Refreshed 2026-07-20
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$9.4BGlobal sector value
02

Annual change

-2.7%Latest year on year
03

Exporters

178Active reporting countries
04

Importers

193Active reporting countries
05

HS6 products

8Classifications in sector

The sector read

$9.4B in trade, with +1.7% annualized growth over three years.

Lead is recorded across 3,655 active corridors, with 178 exporters and 193 importers in the latest available year.

Market signalStable+4.1% five-year CAGR

Annual trend

Momentum across three decades

Reported global trade from 1995 to 2024. Missing years remain unavailable rather than estimated. Read the methodology ↗

Annual sector tradeReported global trade from 1995 to 2024.1995: $1.5B1996: $1.9B1997: $1.8B1998: $1.6B1999: $1.7B2000: $1.7B2001: $1.6B2002: $1.7B2003: $1.7B2004: $2.7B2005: $3.2B2006: $4.3B2007: $7.2B2008: $7.0B2009: $5.3B2010: $6.8B2011: $8.2B2012: $6.9B2013: $7.7B2014: $7.8B2015: $6.8B2016: $7.1B2017: $9.1B2018: $9.2B2019: $7.7B2020: $6.5B2021: $9.0B2022: $8.8B2023: $9.3B2024: $9.4B
Reported global trade by year.

Top trade corridors

Where this sector moves

The leading exporter-to-importer relationships by latest reported sector trade value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$354.3M-7.8%8556 kmYes
2AustraliaAUSUnited KingdomGBR$350.5M-7.5%316,898 kmNo
3IndiaINDSingaporeSGP$287.6M+481.6%44,145 kmYes
4Republic of KoreaKORIndiaIND$242.4M+18.1%54,692 kmYes
5IndiaINDRepublic of KoreaKOR$237.4M-0.8%64,692 kmYes
6Republic of KoreaKORViet NamVNM$226.1M-0.7%63,599 kmYes
7MalaysiaMYSIndiaIND$204.7M+63%73,834 kmYes
8BelgiumBELGermanyDEU$169.0M+2.4%8653 kmYes
9MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$152.6M-2.3%63,359 kmYes
10MalaysiaMYSChinaCHN$132.8M+67.5%73,737 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings are separated so scale on one side of the market is not mistaken for demand on the other. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1IndiaIND$874.6M918
2AustraliaAUS$795.9M648
3Republic of KoreaKOR$761.0M608
4United KingdomGBR$591.4M1078
5GermanyDEU$528.8M1268
6MalaysiaMYS$414.3M478
7CanadaCAN$366.8M508
8BelgiumBEL$366.8M778
9USA, Puerto Rico and US Virgin IslandsUSA$283.3M1298
10BulgariaBGR$280.2M248
Top importers2024 ranking
RankCountryImportsPartnersHS6
1IndiaIND$1.1B1168
2USA, Puerto Rico and US Virgin IslandsUSA$921.8M738
3GermanyDEU$603.2M668
4Viet NamVNM$544.4M408
5SingaporeSGP$506.6M438
6ChinaCHN$444.4M668
7Republic of KoreaKOR$427.3M578
8United KingdomGBR$416.8M478
9CzechiaCZE$379.5M438
10ItalyITA$291.2M578

HS6 product coverage

The classifications inside this sector

Explore the six-digit product classifications that make up HS2 78.

10 classifications shownBrowse the product workspace ↗
01
Lead: unwrought, refinedHS6 780110
02
Lead: unwrought, unrefined, containing by weight antimony as the principal other elementHS6 780191
03
Lead: unwrought, unrefined, not containing by weight antimony as the principal other elementHS6 780199
04
Lead: waste and scrapHS6 780200
05
Lead: bars, rods, profiles and wireHS6 780300
06
Lead: sheets, strip and foil, of a thickness (excluding any backing) not exceeding 0.2mmHS6 780411
07
Lead: plates, sheets, strip and foil, of a thickness (excluding any backing) exceeding 0.2mmHS6 780419
08
Lead: powders and flakesHS6 780420
09
Lead: tubes, pipes and tube or pipe fittings (eg couplings, elbows, and sleeves)HS6 780500
10
Lead: articles n.e.c. in chapter 78HS6 780600

Definitions and coverage

Read the numbers with context

Clear definitions keep reported observations and calculated indicators in their proper context. Read our Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS2 classification. They are not company-level sales, retail quotes, or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations and should be read with their coverage period.

03

Missing data

A missing observation remains unavailable. It is not filled, interpolated, or presented as a forecast.

Coverage: 1995–2024 · Data refreshed 2026-07-20 09:34:08

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). 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.