Latest trade
$2.3BGlobal subsector valueHS4 subsector intelligence
Iron or steel, pig iron, spiegeleisen
HS4 7205 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
-3.4%Latest year on yearExporters
119Active reporting countriesImporters
173Active reporting countriesHS6 products
3Classifications inside HS4The subsector read
$2.3B in trade, with -5.6% annualized growth over three years.
Iron or steel, pig iron, spiegeleisen is recorded across 2,290 active corridors, with 119 exporters and 173 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 | CanadaCAN | USA, Puerto Rico and US Virgin IslandsUSA | $93.1M | -1.3% | 3 | 556 km | Yes |
| 2 | SwedenSWE | ChinaCHN | $80.1M | -9.1% | 2 | 7,782 km | No |
| 3 | JapanJPN | ChinaCHN | $75.9M | -4.8% | 3 | 1,763 km | No |
| 4 | SwedenSWE | GermanyDEU | $54.5M | -9.1% | 3 | 811 km | Yes |
| 5 | USA, Puerto Rico and US Virgin IslandsUSA | MexicoMEX | $52.8M | +5.1% | 3 | 3,359 km | Yes |
| 6 | SwedenSWE | Republic of KoreaKOR | $48.2M | -7.3% | 3 | 7,451 km | Yes |
| 7 | ChinaCHN | Republic of KoreaKOR | $47.4M | +14.4% | 3 | 867 km | Yes |
| 8 | ChinaCHN | JapanJPN | $42.3M | -18.2% | 3 | 1,763 km | No |
| 9 | SwedenSWE | JapanJPN | $41.9M | -10.9% | 2 | 8,190 km | Yes |
| 10 | JapanJPN | Republic of KoreaKOR | $38.0M | -10% | 3 | 1,155 km | No |
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 | SwedenSWE | $438.5M | 68 | 3 |
| 2 | ChinaCHN | $311.4M | 134 | 3 |
| 3 | JapanJPN | $239.3M | 50 | 3 |
| 4 | GermanyDEU | $212.5M | 104 | 3 |
| 5 | USA, Puerto Rico and US Virgin IslandsUSA | $173.7M | 106 | 3 |
| 6 | CanadaCAN | $152.8M | 48 | 3 |
| 7 | FranceFRA | $81.6M | 73 | 3 |
| 8 | RomaniaROU | $80.5M | 33 | 3 |
| 9 | BelgiumBEL | $71.4M | 67 | 3 |
| 10 | Republic of KoreaKOR | $68.4M | 44 | 3 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | ChinaCHN | $264.2M | 44 | 3 |
| 2 | USA, Puerto Rico and US Virgin IslandsUSA | $221.4M | 43 | 3 |
| 3 | GermanyDEU | $217.0M | 49 | 3 |
| 4 | Republic of KoreaKOR | $159.1M | 32 | 3 |
| 5 | JapanJPN | $124.3M | 32 | 3 |
| 6 | ItalyITA | $118.1M | 39 | 3 |
| 7 | MexicoMEX | $101.2M | 28 | 3 |
| 8 | SpainESP | $83.6M | 33 | 3 |
| 9 | TaiwanTWN | $82.9M | 25 | 3 |
| 10 | IndiaIND | $77.0M | 38 | 3 |
HS6 product coverage
The products inside HS4 7205
Six-digit classifications make the subsector specific. Browse the product workspace ↗
3 classifications shownIron or steel, pig iron, spiegeleisen
Iron or steel, pig iron, spiegeleisen: granules thereofHS6 720510
Alloy steel powdersHS6 720521
Iron or steel, pig iron, spiegeleisen: powders (excluding alloy steel)HS6 720529
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.