# Metals (HS4 7112) Trade Overview | Yugalinks

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Metals at HS4 7112, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7112

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## Answer

The metals subsector recorded $31.7B in reported global trade in 2024, with -2.2% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $31.7B |
| Latest annual change | -2.2% |
| Active exporters | 174 |
| Active importers | 129 |
| Active HS6 products | 4 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $2.2B | 692 | 4 |
| 1996 | $2.5B | 725 | 4 |
| 1997 | $2.5B | 790 | 4 |
| 1998 | $3.4B | 828 | 4 |
| 1999 | $2.9B | 904 | 4 |
| 2000 | $4.6B | 1,053 | 4 |
| 2001 | $4.5B | 1,148 | 4 |
| 2002 | $4.8B | 1,080 | 4 |
| 2003 | $6.1B | 1,090 | 4 |
| 2004 | $7.5B | 1,201 | 4 |
| 2005 | $8.6B | 1,244 | 4 |
| 2006 | $14.3B | 1,237 | 4 |
| 2007 | $17.1B | 1,346 | 4 |
| 2008 | $24.0B | 1,428 | 4 |
| 2009 | $21.2B | 1,444 | 4 |
| 2010 | $22.7B | 1,355 | 4 |
| 2011 | $27.6B | 1,466 | 4 |
| 2012 | $26.7B | 1,446 | 4 |
| 2013 | $19.5B | 1,561 | 4 |
| 2014 | $17.8B | 1,671 | 4 |
| 2015 | $16.6B | 1,753 | 4 |
| 2016 | $20.5B | 1,826 | 4 |
| 2017 | $20.6B | 1,716 | 4 |
| 2018 | $22.6B | 1,706 | 4 |
| 2019 | $30.0B | 1,751 | 4 |
| 2020 | $38.9B | 1,805 | 4 |
| 2021 | $46.3B | 1,878 | 4 |
| 2022 | $37.1B | 1,992 | 4 |
| 2023 | $31.9B | 1,888 | 4 |
| 2024 | $31.7B | 1,772 | 4 |

## Leading corridors

- USA, Puerto Rico and US Virgin Islands to Canada: $4.4B; growth +13.2%.
- Indonesia to Japan: $1.8B; growth +19%.
- United Kingdom to Spain: $969.7M; growth +47.4%.
- USA, Puerto Rico and US Virgin Islands to Italy: $797.6M; growth -5.8%.
- France to Germany: $754.0M; growth +15.7%.
- USA, Puerto Rico and US Virgin Islands to United Kingdom: $749.8M; growth -37.4%.
- Belgium to Germany: $667.4M; growth -5.7%.
- USA, Puerto Rico and US Virgin Islands to Malaysia: $604.9M; growth +467.6%.
- Belgium to Italy: $582.7M; growth +63%.
- Philippines to China, Hong Kong Special Administrative Region: $555.4M; growth +2.2%.

## HS6 products

- Metals: waste and scrap of gold, including metal clad with gold but excluding sweepings containing other precious metals (HS6 711210)
- Metals: waste and scrap of platinum, including metal clad with platinum but excluding sweepings containing other precious metals (HS6 711220)
- Waste and scrap of precious metal or of metal clad with precious metal: ash containing precious metal or precious metal compounds (HS6 711230)
- Metals: waste and scrap of precious metal other than gold or platinum but excluding sweepings containing other precious metals (HS6 711290)
- Waste and scrap of precious metals: of gold, including metal clad with gold but excluding sweepings containing other precious metals (HS6 711291)
- Waste and scrap of precious metals: of platinum, including metal clad with platinum but excluding sweepings containing other precious metals (HS6 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 compounds (HS6 711299)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

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