{ "pageType": "HS4 subsector trade overview", "source": "api", "title": "Iron ores and concentrates (HS4 2601) Trade Overview | Yugalinks", "description": "Review reported global trade for iron ores and concentrates at HS4 2601, including scale, trend, corridors, countries, and the HS6 products within this subsector.", "canonical": "https://www.yugalinks.com/trade/sector/hs4/2601", "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks", "sameAs": [ "https://in.linkedin.com/company/yugalinks" ] }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-27", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-27" } ] }, "links": { "html": "https://www.yugalinks.com/trade/sector/hs4/2601/index.html", "markdown": "https://www.yugalinks.com/trade/sector/hs4/2601/index.md", "json": "https://www.yugalinks.com/trade/sector/hs4/2601/index.json", "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/2601/index.ld.json", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "internalLinks": { "workspace": "https://www.yugalinks.com/app", "platform": "https://www.yugalinks.com/platform", "methodology": "https://www.yugalinks.com/methodology", "dataSources": "https://www.yugalinks.com/data-sources", "dataCoverage": "https://www.yugalinks.com/data-coverage", "responsibleAi": "https://www.yugalinks.com/responsible-ai" }, "subsector": { "hs4": "2601", "name": "Iron ores and concentrates" }, "coverage": { "firstDataYear": 1995, "latestDataYear": 2024, "yearsWithData": 30, "refreshedAt": "2026-07-20 09:34:09" }, "answer": "The iron ores and concentrates subsector recorded $159.5B in reported global trade in 2024, with -24% annual change.", "keyFigures": { "latestTradeUsd": 159453581264.5094, "latestAnnualChangePct": -23.996013092138302, "activeExporters": 133, "activeImporters": 135, "activeHs6Products": 3 }, "growthAndStructure": { "trendLabel": "Rapid decline", "tradeCagr3yPct": -11.133375599152927, "tradeCagr5yPct": 4.43880737465101, "historicalPeakUsd": 227205178862.61505, "historicalPeakYear": 2021, "positiveGrowthYearSharePct": 58.62068965517241, "exporterConcentrationHhi": 2195.2147913286267, "importerConcentrationHhi": 4618.186867822139, "tradeVolatilityCv": 0.7814570280464723 }, "annualRows": 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"trade_balance_usd": -7134570662.734304, "export_partner_count": 7, "import_partner_count": 26, "active_hs6_count": 3, "country_name": "Republic of Korea" }, { "year": 2024, "country_iso3": "DEU", "hs4": 2601, "exports_usd": 13997427.09556406, "imports_usd": 2459702723.6510086, "trade_balance_usd": -2445705296.5554447, "export_partner_count": 45, "import_partner_count": 44, "active_hs6_count": 3, "country_name": "Germany" }, { "year": 2024, "country_iso3": "NLD", "hs4": 2601, "exports_usd": 113036599.99563864, "imports_usd": 2280482177.942464, "trade_balance_usd": -2167445577.946825, "export_partner_count": 52, "import_partner_count": 52, "active_hs6_count": 3, "country_name": "Netherlands" }, { "year": 2024, "country_iso3": "TWN", "hs4": 2601, "exports_usd": 2292.404623480997, "imports_usd": 1990249333.7661223, "trade_balance_usd": -1990247041.3614988, "export_partner_count": 5, "import_partner_count": 11, "active_hs6_count": 3, "country_name": "Taiwan" }, { "year": 2024, "country_iso3": "MYS", "hs4": 2601, "exports_usd": 629519498.3606918, "imports_usd": 1756365614.1662192, "trade_balance_usd": -1126846115.8055274, "export_partner_count": 10, "import_partner_count": 30, "active_hs6_count": 3, "country_name": "Malaysia" }, { "year": 2024, "country_iso3": "VNM", "hs4": 2601, "exports_usd": 1608693.0206499787, "imports_usd": 1643856622.510989, "trade_balance_usd": -1642247929.490339, "export_partner_count": 14, "import_partner_count": 18, "active_hs6_count": 3, "country_name": "Viet Nam" }, { "year": 2024, "country_iso3": "EGY", "hs4": 2601, "exports_usd": 22654668.78041444, "imports_usd": 1469862647.5072875, "trade_balance_usd": -1447207978.7268732, "export_partner_count": 8, "import_partner_count": 13, "active_hs6_count": 3, "country_name": "Egypt" }, { "year": 2024, "country_iso3": "BHR", "hs4": 2601, "exports_usd": 600076142.7962347, "imports_usd": 1400805401.353823, "trade_balance_usd": -800729258.5575882, "export_partner_count": 15, "import_partner_count": 5, "active_hs6_count": 2, "country_name": "Bahrain" } ], "products": [ { "hs_code": "260111", "product_name": "Iron ores and concentrates: non-agglomerated" }, { "hs_code": "260112", "product_name": "Iron ores and concentrates: agglomerated (excluding roasted iron pyrites)" }, { "hs_code": "260120", "product_name": "Iron pyrites: roasted" } ], "methodology": { "reportedValues": "Merchandise trade observations aggregated to HS4.", "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.", "missingData": "Missing values remain unavailable and are not imputed." } }