{ "pageType": "HS4 subsector trade overview", "source": "api", "title": "Ferrous products (HS4 7203) Trade Overview | Yugalinks", "description": "Review reported global trade for ferrous products at HS4 7203, including scale, trend, corridors, countries, and the HS6 products within this subsector.", "canonical": "https://www.yugalinks.com/trade/sector/hs4/7203", "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/hs4/7203/index.html", "markdown": "https://www.yugalinks.com/trade/sector/hs4/7203/index.md", "json": "https://www.yugalinks.com/trade/sector/hs4/7203/index.json", "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/7203/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": "7203", "name": "Ferrous products" }, "coverage": { "firstDataYear": 1995, "latestDataYear": 2024, "yearsWithData": 30, "refreshedAt": "2026-07-20 09:34:09" }, "answer": "The ferrous products subsector recorded $4.5B in reported global trade in 2024, with -10% annual change.", "keyFigures": { "latestTradeUsd": 4505578840.7401285, "latestAnnualChangePct": -10.02190652831204, "activeExporters": 106, "activeImporters": 150, "activeHs6Products": 2 }, "growthAndStructure": { "trendLabel": "Declining", "tradeCagr3yPct": -7.095094288918514, "tradeCagr5yPct": 1.1447711604251065, "historicalPeakUsd": 6089780311.724369, "historicalPeakYear": 2022, "positiveGrowthYearSharePct": 62.06896551724138, "exporterConcentrationHhi": 2832.6103303549557, "importerConcentrationHhi": 1224.020526244974, "tradeVolatilityCv": 0.6733119075188042 }, "annualRows": [ { "year": 1995, "hs4": 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2024, "country_iso3": "DEU", "hs4": 7203, "exports_usd": 1497620.8504362802, "imports_usd": 175246257.8874973, "trade_balance_usd": -173748637.03706104, "export_partner_count": 44, "import_partner_count": 34, "active_hs6_count": 2, "country_name": "Germany" }, { "year": 2024, "country_iso3": "VNM", "hs4": 7203, "exports_usd": 4546739.779332635, "imports_usd": 171378503.5291955, "trade_balance_usd": -166831763.74986285, "export_partner_count": 5, "import_partner_count": 7, "active_hs6_count": 2, "country_name": "Viet Nam" }, { "year": 2024, "country_iso3": "IND", "hs4": 7203, "exports_usd": 451625231.5306993, "imports_usd": 163745296.7919515, "trade_balance_usd": 287879934.73874784, "export_partner_count": 42, "import_partner_count": 18, "active_hs6_count": 2, "country_name": "India" }, { "year": 2024, "country_iso3": "MEX", "hs4": 7203, "exports_usd": 7359.269584508589, "imports_usd": 132769053.58855042, "trade_balance_usd": -132761694.31896591, "export_partner_count": 7, "import_partner_count": 14, "active_hs6_count": 2, "country_name": "Mexico" } ], "products": [ { "hs_code": "720310", "product_name": "Ferrous products: obtained by direct reduction of iron ore, in lumps, pellets or similar forms" }, { "hs_code": "720390", "product_name": "Ferrous products: spongy ferrous products and iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms" } ], "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." } }