Latest trade
$4.8BGlobal subsector valueHS4 subsector intelligence
Iron
HS4 7201 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
+0.5%Latest year on yearExporters
99Active reporting countriesImporters
147Active reporting countriesHS6 products
3Classifications inside HS4The subsector read
$4.8B in trade, with -12.9% annualized growth over three years.
Iron is recorded across 1,125 active corridors, with 99 exporters and 147 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 | BrazilBRA | USA, Puerto Rico and US Virgin IslandsUSA | $1.5B | +18.8% | 1 | 7,658 km | No |
| 2 | UkraineUKR | USA, Puerto Rico and US Virgin IslandsUSA | $372.8M | -25.1% | 2 | 7,531 km | No |
| 3 | RussiaRUS | TurkeyTUR | $341.7M | +0.8% | 1 | 1,757 km | No |
| 4 | RussiaRUS | ItalyITA | $318.4M | +15% | 3 | 2,381 km | No |
| 5 | IndonesiaIDN | ChinaCHN | $314.5M | +72.3% | 1 | 4,425 km | Yes |
| 6 | BrazilBRA | NetherlandsNLD | $112.0M | -3.1% | 1 | 9,782 km | No |
| 7 | KazakhstanKAZ | TurkeyTUR | $95.0M | +681.9% | 1 | 3,918 km | No |
| 8 | South AfricaZAF | ItalyITA | $93.4M | +23.1% | 2 | 7,708 km | Yes |
| 9 | RussiaRUS | TaiwanTWN | $60.9M | +26.7% | 2 | 7,368 km | No |
| 10 | FranceFRA | BelgiumBEL | $59.9M | +12.9% | 2 | 264 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 | BrazilBRA | $1.7B | 46 | 3 |
| 2 | RussiaRUS | $941.8M | 34 | 3 |
| 3 | UkraineUKR | $518.2M | 23 | 3 |
| 4 | IndonesiaIDN | $377.1M | 11 | 3 |
| 5 | South AfricaZAF | $262.8M | 43 | 3 |
| 6 | IndiaIND | $121.7M | 43 | 3 |
| 7 | KazakhstanKAZ | $95.6M | 6 | 2 |
| 8 | FranceFRA | $81.9M | 30 | 3 |
| 9 | QatarQAT | $71.4M | 8 | 3 |
| 10 | GermanyDEU | $69.5M | 50 | 3 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $2.0B | 24 | 3 |
| 2 | TurkeyTUR | $544.5M | 22 | 3 |
| 3 | ItalyITA | $526.1M | 26 | 3 |
| 4 | ChinaCHN | $318.5M | 19 | 3 |
| 5 | NetherlandsNLD | $151.7M | 33 | 3 |
| 6 | BelgiumBEL | $98.3M | 21 | 3 |
| 7 | IndiaIND | $97.3M | 26 | 3 |
| 8 | TaiwanTWN | $97.2M | 11 | 3 |
| 9 | GermanyDEU | $85.4M | 29 | 3 |
| 10 | SpainESP | $82.8M | 22 | 3 |
HS6 product coverage
The products inside HS4 7201
Six-digit classifications make the subsector specific. Browse the product workspace ↗
5 classifications shownIron
Iron: non-alloy pig iron containing by weight 0.5% or less of phosphorus, in pigs, blocks or other primary formsHS6 720110
Iron: non-alloy pig iron containing by weight more than 0.5% of phosphorus, in pigs, blocks or other primary formsHS6 720120
Iron: alloy pig iron, in pigs, blocks or other primary formsHS6 720130
Iron: spiegeleisen, in pigs, blocks or other primary formsHS6 720140
Iron: alloy pig iron, spiegeleisen, in pigs, blocks or other primary formsHS6 720150
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.