Latest trade
$31.7BGlobal subsector valueHS4 subsector intelligence
Metals
HS4 7112 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
-2.2%Latest year on yearExporters
174Active reporting countriesImporters
129Active reporting countriesHS6 products
4Classifications inside HS4The subsector read
$31.7B in trade, with -11.9% annualized growth over three years.
Metals is recorded across 1,772 active corridors, with 174 exporters and 129 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
Top trade corridors
Where the subsector moves
Leading exporter-to-importer relationships by latest reported value. See data sources ↗
Latest reported relationshipsTop 10 by trade value
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | CanadaCAN | $4.4B | +13.2% | 4 | 556 km | Yes |
| 2 | IndonesiaIDN | JapanJPN | $1.8B | +19% | 3 | 5,772 km | Yes |
| 3 | United KingdomGBR | SpainESP | $969.7M | +47.4% | 4 | 1,263 km | Yes |
| 4 | USA, Puerto Rico and US Virgin IslandsUSA | ItalyITA | $797.6M | -5.8% | 4 | 6,907 km | No |
| 5 | FranceFRA | GermanyDEU | $754.0M | +15.7% | 4 | 881 km | Yes |
| 6 | USA, Puerto Rico and US Virgin IslandsUSA | United KingdomGBR | $749.8M | -37.4% | 4 | 5,585 km | No |
| 7 | BelgiumBEL | GermanyDEU | $667.4M | -5.7% | 4 | 653 km | Yes |
| 8 | USA, Puerto Rico and US Virgin IslandsUSA | MalaysiaMYS | $604.9M | +467.6% | 3 | 15,128 km | No |
| 9 | BelgiumBEL | ItalyITA | $582.7M | +63% | 4 | 1,174 km | Yes |
| 10 | PhilippinesPHL | China, Hong Kong Special Administrative RegionHKG | $555.4M | +2.2% | 3 | 1,112 km | Yes |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $7.9B | 66 | 4 |
| 2 | IndonesiaIDN | $2.8B | 20 | 4 |
| 3 | United KingdomGBR | $2.2B | 47 | 4 |
| 4 | GermanyDEU | $1.8B | 47 | 4 |
| 5 | FranceFRA | $1.6B | 38 | 4 |
| 6 | BelgiumBEL | $1.4B | 50 | 4 |
| 7 | SingaporeSGP | $1.1B | 29 | 4 |
| 8 | SpainESP | $966.2M | 36 | 4 |
| 9 | CanadaCAN | $913.9M | 22 | 4 |
| 10 | Switzerland, LiechtensteinCHE | $867.3M | 32 | 4 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | GermanyDEU | $4.9B | 124 | 4 |
| 2 | CanadaCAN | $4.7B | 38 | 4 |
| 3 | JapanJPN | $3.6B | 52 | 4 |
| 4 | ItalyITA | $2.9B | 64 | 4 |
| 5 | Switzerland, LiechtensteinCHE | $2.4B | 48 | 4 |
| 6 | USA, Puerto Rico and US Virgin IslandsUSA | $2.0B | 86 | 4 |
| 7 | BelgiumBEL | $1.8B | 62 | 4 |
| 8 | United KingdomGBR | $1.7B | 83 | 4 |
| 9 | China, Hong Kong Special Administrative RegionHKG | $1.5B | 26 | 4 |
| 10 | SpainESP | $1.5B | 38 | 4 |
HS6 product coverage
The products inside HS4 7112
Six-digit classifications make the subsector specific. Browse the product workspace ↗
7 classifications shownMetals
Metals: waste and scrap of gold, including metal clad with gold but excluding sweepings containing other precious metalsHS6 711210
Metals: waste and scrap of platinum, including metal clad with platinum but excluding sweepings containing other precious metalsHS6 711220
Waste and scrap of precious metal or of metal clad with precious metal: ash containing precious metal or precious metal compoundsHS6 711230
Metals: waste and scrap of precious metal other than gold or platinum but excluding sweepings containing other precious metalsHS6 711290
Waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metalsHS6 711291
Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metalsHS6 711292
Waste and scrap of precious metals: waste and scrap of precious metals including metal clad with precious metals, other than that of gold and platinum and excluding ash which contains precious metal or precious metal compoundsHS6 711299
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
Missing data
Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.
Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09
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.