{
  "pageType": "HS4 subsector trade overview",
  "source": "api",
  "title": "Iron or steel, pig iron, spiegeleisen (HS4 7205) Trade Overview | Yugalinks",
  "description": "Review reported global trade for iron or steel, pig iron, spiegeleisen at HS4 7205, including scale, trend, corridors, countries, and the HS6 products within this subsector.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/7205",
  "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/hs4/7205/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs4/7205/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs4/7205/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/7205/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": "7205",
    "name": "Iron or steel, pig iron, spiegeleisen"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:09"
  },
  "answer": "The iron or steel, pig iron, spiegeleisen subsector recorded $2.3B in reported global trade in 2024, with -3.4% annual change.",
  "keyFigures": {
    "latestTradeUsd": 2290041575.278863,
    "latestAnnualChangePct": -3.4099748846303997,
    "activeExporters": 119,
    "activeImporters": 173,
    "activeHs6Products": 3
  },
  "growthAndStructure": {
    "trendLabel": "Declining",
    "tradeCagr3yPct": -5.583218645394561,
    "tradeCagr5yPct": 1.0890711177894419,
    "historicalPeakUsd": 2780720546.055791,
    "historicalPeakYear": 2022,
    "positiveGrowthYearSharePct": 62.06896551724138,
    "exporterConcentrationHhi": 1210.350840615956,
    "importerConcentrationHhi": 616.4235653328127,
    "tradeVolatilityCv": 0.44078231071652846
  },
  "annualRows": [
    {
      "year": 1995,
      "hs4": 7205,
      "global_trade_usd": 621027845.6348567,
      "corridor_count": 1109,
      "active_hs6_count": 3
    },
    {
      "year": 1996,
      "hs4": 7205,
      "global_trade_usd": 583560480.4218463,
      "corridor_count": 1168,
      "active_hs6_count": 3
    },
    {
      "year": 1997,
      "hs4": 7205,
      "global_trade_usd": 649860812.2002038,
      "corridor_count": 1215,
      "active_hs6_count": 3
    },
    {
      "year": 1998,
      "hs4": 7205,
      "global_trade_usd": 661701043.1737711,
      "corridor_count": 1270,
      "active_hs6_count": 3
    },
    {
      "year": 1999,
      "hs4": 7205,
      "global_trade_usd": 720887824.7557521,
      "corridor_count": 1378,
      "active_hs6_count": 3
    },
    {
      "year": 2000,
      "hs4": 7205,
      "global_trade_usd": 778459353.7057511,
      "corridor_count": 1545,
      "active_hs6_count": 3
    },
    {
      "year": 2001,
      "hs4": 7205,
      "global_trade_usd": 655109584.6079555,
      "corridor_count": 1603,
      "active_hs6_count": 3
    },
    {
      "year": 2002,
      "hs4": 7205,
      "global_trade_usd": 716082718.1415062,
      "corridor_count": 1635,
      "active_hs6_count": 3
    },
    {
      "year": 2003,
      "hs4": 7205,
      "global_trade_usd": 845333921.0192125,
      "corridor_count": 1664,
      "active_hs6_count": 3
    },
    {
      "year": 2004,
      "hs4": 7205,
      "global_trade_usd": 1122378292.0802107,
      "corridor_count": 1749,
      "active_hs6_count": 3
    },
    {
      "year": 2005,
      "hs4": 7205,
      "global_trade_usd": 1292534307.583023,
      "corridor_count": 1822,
      "active_hs6_count": 3
    },
    {
      "year": 2006,
      "hs4": 7205,
      "global_trade_usd": 1370070391.2199,
      "corridor_count": 1822,
      "active_hs6_count": 3
    },
    {
      "year": 2007,
      "hs4": 7205,
      "global_trade_usd": 1694755449.880345,
      "corridor_count": 1948,
      "active_hs6_count": 3
    },
    {
      "year": 2008,
      "hs4": 7205,
      "global_trade_usd": 1967479203.7500854,
      "corridor_count": 1934,
      "active_hs6_count": 3
    },
    {
      "year": 2009,
      "hs4": 7205,
      "global_trade_usd": 1195012712.6273885,
      "corridor_count": 1966,
      "active_hs6_count": 3
    },
    {
      "year": 2010,
      "hs4": 7205,
      "global_trade_usd": 2016611892.8565228,
      "corridor_count": 1939,
      "active_hs6_count": 3
    },
    {
      "year": 2011,
      "hs4": 7205,
      "global_trade_usd": 2345379575.2236643,
      "corridor_count": 1982,
      "active_hs6_count": 3
    },
    {
      "year": 2012,
      "hs4": 7205,
      "global_trade_usd": 2136109133.7843568,
      "corridor_count": 2091,
      "active_hs6_count": 3
    },
    {
      "year": 2013,
      "hs4": 7205,
      "global_trade_usd": 2159405554.3548985,
      "corridor_count": 2105,
      "active_hs6_count": 3
    },
    {
      "year": 2014,
      "hs4": 7205,
      "global_trade_usd": 2201296527.1852803,
      "corridor_count": 2160,
      "active_hs6_count": 3
    },
    {
      "year": 2015,
      "hs4": 7205,
      "global_trade_usd": 1943610219.2104836,
      "corridor_count": 2137,
      "active_hs6_count": 3
    },
    {
      "year": 2016,
      "hs4": 7205,
      "global_trade_usd": 1834725266.626344,
      "corridor_count": 2094,
      "active_hs6_count": 3
    },
    {
      "year": 2017,
      "hs4": 7205,
      "global_trade_usd": 2148969669.6276107,
      "corridor_count": 2230,
      "active_hs6_count": 3
    },
    {
      "year": 2018,
      "hs4": 7205,
      "global_trade_usd": 2406382452.2591467,
      "corridor_count": 2245,
      "active_hs6_count": 3
    },
    {
      "year": 2019,
      "hs4": 7205,
      "global_trade_usd": 2169313591.418675,
      "corridor_count": 2223,
      "active_hs6_count": 3
    },
    {
      "year": 2020,
      "hs4": 7205,
      "global_trade_usd": 1942182079.6441417,
      "corridor_count": 2142,
      "active_hs6_count": 3
    },
    {
      "year": 2021,
      "hs4": 7205,
      "global_trade_usd": 2720794824.989278,
      "corridor_count": 2234,
      "active_hs6_count": 3
    },
    {
      "year": 2022,
      "hs4": 7205,
      "global_trade_usd": 2780720546.055791,
      "corridor_count": 2239,
      "active_hs6_count": 3
    },
    {
      "year": 2023,
      "hs4": 7205,
      "global_trade_usd": 2382383105.5527253,
      "corridor_count": 2272,
      "active_hs6_count": 3
    },
    {
      "year": 2024,
      "hs4": 7205,
      "global_trade_usd": 2290041575.278863,
      "corridor_count": 2290,
      "active_hs6_count": 3
    }
  ],
  "corridors": [
    {
      "hs4": 7205,
      "corridor_rank": 1,
      "exporter_iso3": "CAN",
      "importer_iso3": "USA",
      "first_data_year": 1995,
      "latest_data_year": 2024,
      "years_with_data": 30,
      "exports_latest_usd": 93135025.73895013,
      "exports_avg_3y_usd": 103031435.19046152,
      "exports_avg_5y_usd": 94728738.43538868,
      "exports_avg_10y_usd": 93398221.38165745,
      "exports_cagr_3y_pct": -1.2870060085577228,
      "exports_cagr_5y_pct": 2.218801253966407,
      "exports_cagr_10y_pct": -0.7926336970557335,
      "historical_peak_usd": 111988604.46713713,
      "historical_peak_year": 2022,
      "latest_below_peak_pct": 16.83526535391335,
      "yoy_growth_latest_pct": -10.421832491013937,
      "positive_growth_year_share_pct": 51.724137931034484,
      "trend_acceleration_pct": -0.49437231150198935,
      "trend_label": "Stable",
      "active_hs6_count": 3,
      "access_data_year": 2024,
      "distance_km": 556,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.022607953013134546,
      "mfn_tariff_pct": 0.04674475463696969,
      "preferential_tariff_pct": 0.02283901769554344,
      "tariff_advantage_pp": 0.023905736941426253,
      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "Canada",
      "importer_name": "USA, Puerto Rico and US Virgin Islands"
    },
    {
      "hs4": 7205,
      "corridor_rank": 2,
      "exporter_iso3": "SWE",
      "importer_iso3": "CHN",
      "first_data_year": 1995,
      "latest_data_year": 2024,
      "years_with_data": 30,
      "exports_latest_usd": 80078488.72867045,
      "exports_avg_3y_usd": 79856426.27817155,
      "exports_avg_5y_usd": 83811075.6011967,
      "exports_avg_10y_usd": 73162459.8941336,
      "exports_cagr_3y_pct": -9.095981793518526,
      "exports_cagr_5y_pct": 6.292751020877985,
      "exports_cagr_10y_pct": 2.435807577611171,
      "historical_peak_usd": 106602312.64249884,
      "historical_peak_year": 2021,
      "latest_below_peak_pct": 24.881096156683387,
      "yoy_growth_latest_pct": 2.5942798821522173,
      "positive_growth_year_share_pct": 75.86206896551724,
      "trend_acceleration_pct": -11.531789371129697,
      "trend_label": "Declining",
      "active_hs6_count": 2,
      "access_data_year": 2024,
      "distance_km": 7782,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.30189875567878777,
      "mfn_tariff_pct": 0.30189875567878777,
      "preferential_tariff_pct": null,
      "tariff_advantage_pp": null,
      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "Sweden",
      "importer_name": "China"
    },
    {
      "hs4": 7205,
      "corridor_rank": 3,
      "exporter_iso3": "JPN",
      "importer_iso3": "CHN",
      "first_data_year": 1995,
      "latest_data_year": 2024,
      "years_with_data": 30,
      "exports_latest_usd": 75858388.22644617,
      "exports_avg_3y_usd": 72866652.37855244,
      "exports_avg_5y_usd": 76748006.23558688,
      "exports_avg_10y_usd": 66981267.096289255,
      "exports_cagr_3y_pct": -4.823601159007563,
      "exports_cagr_5y_pct": 3.461761339959546,
      "exports_cagr_10y_pct": 4.782667494805115,
      "historical_peak_usd": 87986452.00431581,
      "historical_peak_year": 2021,
      "latest_below_peak_pct": 13.78401276741418,
      "yoy_growth_latest_pct": 15.633395711341436,
      "positive_growth_year_share_pct": 65.51724137931035,
      "trend_acceleration_pct": -9.606268653812677,
      "trend_label": "Declining",
      "active_hs6_count": 3,
      "access_data_year": 2024,
      "distance_km": 1763,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.3018987556787879,
      "mfn_tariff_pct": 0.3018987556787879,
      "preferential_tariff_pct": null,
      "tariff_advantage_pp": null,
      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "Japan",
      "importer_name": "China"
    },
    {
      "hs4": 7205,
      "corridor_rank": 4,
      "exporter_iso3": "SWE",
      "importer_iso3": "DEU",
      "first_data_year": 1995,
      "latest_data_year": 2024,
      "years_with_data": 30,
      "exports_latest_usd": 54457717.80311482,
      "exports_avg_3y_usd": 63925846.88013277,
      "exports_avg_5y_usd": 63296733.337464616,
      "exports_avg_10y_usd": 65187960.27943498,
      "exports_cagr_3y_pct": -9.129298572091294,
      "exports_cagr_5y_pct": -3.7949192536208654,
      "exports_cagr_10y_pct": -3.0795428768494504,
      "historical_peak_usd": 86785380.47717334,
      "historical_peak_year": 2011,
      "latest_below_peak_pct": 37.25012495919343,
      "yoy_growth_latest_pct": -21.105399183045392,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": -6.049755695241844,
      "trend_label": "Declining",
      "active_hs6_count": 3,
      "access_data_year": 2024,
      "distance_km": 811,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.03670099625308642,
      "mfn_tariff_pct": 0.03670099625308642,
      "preferential_tariff_pct": 0,
      "tariff_advantage_pp": 0.03670099625308642,
      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "Sweden",
      "importer_name": "Germany"
    },
    {
      "hs4": 7205,
      "corridor_rank": 5,
      "exporter_iso3": "USA",
      "importer_iso3": "MEX",
      "first_data_year": 1995,
      "latest_data_year": 2024,
      "years_with_data": 30,
      "exports_latest_usd": 52803059.100669555,
      "exports_avg_3y_usd": 55725719.34989946,
      "exports_avg_5y_usd": 49119939.04159023,
      "exports_avg_10y_usd": 48061277.19381477,
      "exports_cagr_3y_pct": 5.080948296846888,
      "exports_cagr_5y_pct": 2.5715836366993816,
      "exports_cagr_10y_pct": 1.506056220998242,
      "historical_peak_usd": 59058790.78833974,
      "historical_peak_year": 2023,
      "latest_below_peak_pct": 10.592380243764294,
      "yoy_growth_latest_pct": -10.5923802437643,
      "positive_growth_year_share_pct": 68.96551724137932,
      "trend_acceleration_pct": 3.5748920758486458,
      "trend_label": "Growing",
      "active_hs6_count": 3,
      "access_data_year": 2024,
      "distance_km": 3359,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.09682042786095757,
      "mfn_tariff_pct": 0.1360029642040404,
      "preferential_tariff_pct": 0.004818716757840405,
      "tariff_advantage_pp": 0.1311842474462,
      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "USA, Puerto Rico and US Virgin Islands",
      "importer_name": "Mexico"
    },
    {
      "hs4": 7205,
      "corridor_rank": 6,
      "exporter_iso3": "SWE",
      "importer_iso3": "KOR",
      "first_data_year": 1995,
      "latest_data_year": 2024,
      "years_with_data": 30,
      "exports_latest_usd": 48194527.381166995,
      "exports_avg_3y_usd": 51154903.4945829,
      "exports_avg_5y_usd": 51536354.847555086,
      "exports_avg_10y_usd": 47902869.64529302,
      "exports_cagr_3y_pct": -7.298722152946635,
      "exports_cagr_5y_pct": 0.6837577622794688,
      "exports_cagr_10y_pct": -0.8299086051430371,
      "historical_peak_usd": 60497936.7446417,
      "historical_peak_year": 2021,
      "latest_below_peak_pct": 20.336907381497465,
      "yoy_growth_latest_pct": 1.4683114519225215,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": -6.468813547803597,
      "trend_label": "Declining",
      "active_hs6_count": 3,
      "access_data_year": 2024,
      "distance_km": 7451,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.1369564428626263,
      "mfn_tariff_pct": 0.14600262464040412,
      "preferential_tariff_pct": 0.03532891946096566,
      "tariff_advantage_pp": 0.11067370517943845,
      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "Sweden",
      "importer_name": "Republic of Korea"
    },
    {
      "hs4": 7205,
      "corridor_rank": 7,
      "exporter_iso3": "CHN",
      "importer_iso3": "KOR",
      "first_data_year": 1995,
      "latest_data_year": 2024,
      "years_with_data": 30,
      "exports_latest_usd": 47376312.58241226,
      "exports_avg_3y_usd": 41429283.10806486,
      "exports_avg_5y_usd": 36977987.862497106,
      "exports_avg_10y_usd": 28817115.36149522,
      "exports_cagr_3y_pct": 14.379473689881351,
      "exports_cagr_5y_pct": 9.03175866793935,
      "exports_cagr_10y_pct": 12.346434354935099,
      "historical_peak_usd": 47376312.58241226,
      "historical_peak_year": 2024,
      "latest_below_peak_pct": 0,
      "yoy_growth_latest_pct": 8.80312342444498,
      "positive_growth_year_share_pct": 75.86206896551724,
      "trend_acceleration_pct": 2.0330393349462526,
      "trend_label": "Rapid growth",
      "active_hs6_count": 3,
      "access_data_year": 2024,
      "distance_km": 867,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.14177167863838386,
      "mfn_tariff_pct": 0.1460026246404041,
      "preferential_tariff_pct": 0.1297884190808081,
      "tariff_advantage_pp": 0.01621420555959599,
      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "China",
      "importer_name": "Republic of Korea"
    },
    {
      "hs4": 7205,
      "corridor_rank": 8,
      "exporter_iso3": "CHN",
      "importer_iso3": "JPN",
      "first_data_year": 1995,
      "latest_data_year": 2024,
      "years_with_data": 30,
      "exports_latest_usd": 42325541.42714556,
      "exports_avg_3y_usd": 66987382.562538564,
      "exports_avg_5y_usd": 64534403.1040452,
      "exports_avg_10y_usd": 53461303.29540895,
      "exports_cagr_3y_pct": -18.176289159688043,
      "exports_cagr_5y_pct": -2.3608636573313913,
      "exports_cagr_10y_pct": -4.202768240069476,
      "historical_peak_usd": 103997336.24467412,
      "historical_peak_year": 2022,
      "latest_below_peak_pct": 59.301321595808545,
      "yoy_growth_latest_pct": -22.536407578451524,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": -13.973520919618567,
      "trend_label": "Rapid decline",
      "active_hs6_count": 3,
      "access_data_year": 2024,
      "distance_km": 1763,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019320016547984244,
      "mfn_tariff_pct": 0.04060224438230303,
      "preferential_tariff_pct": 0.016483489491008082,
      "tariff_advantage_pp": 0.02411875489129495,
      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "China",
      "importer_name": "Japan"
    },
    {
      "hs4": 7205,
      "corridor_rank": 9,
      "exporter_iso3": "SWE",
      "importer_iso3": "JPN",
      "first_data_year": 1995,
      "latest_data_year": 2024,
      "years_with_data": 30,
      "exports_latest_usd": 41877874.86465817,
      "exports_avg_3y_usd": 44751102.23059353,
      "exports_avg_5y_usd": 46310870.1733351,
      "exports_avg_10y_usd": 46711272.55001836,
      "exports_cagr_3y_pct": -10.948501679587642,
      "exports_cagr_5y_pct": -3.13475816316503,
      "exports_cagr_10y_pct": -2.174676052011504,
      "historical_peak_usd": 72033390.93882848,
      "historical_peak_year": 2011,
      "latest_below_peak_pct": 41.86324658765363,
      "yoy_growth_latest_pct": 3.9317298556995617,
      "positive_growth_year_share_pct": 48.275862068965516,
      "trend_acceleration_pct": -8.773825627576137,
      "trend_label": "Rapid decline",
      "active_hs6_count": 2,
      "access_data_year": 2024,
      "distance_km": 8190,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.03996635779248485,
      "mfn_tariff_pct": 0.04060224438230304,
      "preferential_tariff_pct": 0.010188575276318182,
      "tariff_advantage_pp": 0.030413669105984857,
      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "Sweden",
      "importer_name": "Japan"
    },
    {
      "hs4": 7205,
      "corridor_rank": 10,
      "exporter_iso3": "JPN",
      "importer_iso3": "KOR",
      "first_data_year": 1995,
      "latest_data_year": 2024,
      "years_with_data": 30,
      "exports_latest_usd": 38013071.28871256,
      "exports_avg_3y_usd": 43526689.27376468,
      "exports_avg_5y_usd": 44681893.11967389,
      "exports_avg_10y_usd": 47480329.106049195,
      "exports_cagr_3y_pct": -10.00005219369755,
      "exports_cagr_5y_pct": -5.137228781891279,
      "exports_cagr_10y_pct": -3.918011090462603,
      "historical_peak_usd": 58091746.769420385,
      "historical_peak_year": 2013,
      "latest_below_peak_pct": 34.563731678451234,
      "yoy_growth_latest_pct": -16.411483382720014,
      "positive_growth_year_share_pct": 55.172413793103445,
      "trend_acceleration_pct": -6.082041103234948,
      "trend_label": "Rapid decline",
      "active_hs6_count": 3,
      "access_data_year": 2024,
      "distance_km": 1155,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.14600262464040406,
      "mfn_tariff_pct": 0.14600262464040406,
      "preferential_tariff_pct": null,
      "tariff_advantage_pp": null,
      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "Japan",
      "importer_name": "Republic of Korea"
    }
  ],
  "exporters": [
    {
      "year": 2024,
      "country_iso3": "SWE",
      "hs4": 7205,
      "exports_usd": 438457254.9638473,
      "imports_usd": 15728316.453322388,
      "trade_balance_usd": 422728938.51052487,
      "export_partner_count": 68,
      "import_partner_count": 27,
      "active_hs6_count": 3,
      "country_name": "Sweden"
    },
    {
      "year": 2024,
      "country_iso3": "CHN",
      "hs4": 7205,
      "exports_usd": 311448193.45388216,
      "imports_usd": 264238049.16192606,
      "trade_balance_usd": 47210144.2919561,
      "export_partner_count": 134,
      "import_partner_count": 44,
      "active_hs6_count": 3,
      "country_name": "China"
    },
    {
      "year": 2024,
      "country_iso3": "JPN",
      "hs4": 7205,
      "exports_usd": 239296390.73101038,
      "imports_usd": 124258337.08700751,
      "trade_balance_usd": 115038053.64400287,
      "export_partner_count": 50,
      "import_partner_count": 32,
      "active_hs6_count": 3,
      "country_name": "Japan"
    },
    {
      "year": 2024,
      "country_iso3": "DEU",
      "hs4": 7205,
      "exports_usd": 212509784.97364846,
      "imports_usd": 216955379.62767527,
      "trade_balance_usd": -4445594.654026806,
      "export_partner_count": 104,
      "import_partner_count": 49,
      "active_hs6_count": 3,
      "country_name": "Germany"
    },
    {
      "year": 2024,
      "country_iso3": "USA",
      "hs4": 7205,
      "exports_usd": 173686543.71332386,
      "imports_usd": 221388372.28204364,
      "trade_balance_usd": -47701828.568719774,
      "export_partner_count": 106,
      "import_partner_count": 43,
      "active_hs6_count": 3,
      "country_name": "USA, Puerto Rico and US Virgin Islands"
    },
    {
      "year": 2024,
      "country_iso3": "CAN",
      "hs4": 7205,
      "exports_usd": 152825271.6946339,
      "imports_usd": 40708141.01198426,
      "trade_balance_usd": 112117130.68264964,
      "export_partner_count": 48,
      "import_partner_count": 30,
      "active_hs6_count": 3,
      "country_name": "Canada"
    },
    {
      "year": 2024,
      "country_iso3": "FRA",
      "hs4": 7205,
      "exports_usd": 81560246.1672153,
      "imports_usd": 34632893.000877135,
      "trade_balance_usd": 46927353.16633817,
      "export_partner_count": 73,
      "import_partner_count": 40,
      "active_hs6_count": 3,
      "country_name": "France"
    },
    {
      "year": 2024,
      "country_iso3": "ROU",
      "hs4": 7205,
      "exports_usd": 80507303.63494635,
      "imports_usd": 14666580.22641481,
      "trade_balance_usd": 65840723.40853153,
      "export_partner_count": 33,
      "import_partner_count": 24,
      "active_hs6_count": 3,
      "country_name": "Romania"
    },
    {
      "year": 2024,
      "country_iso3": "BEL",
      "hs4": 7205,
      "exports_usd": 71350276.81789577,
      "imports_usd": 14937972.613992767,
      "trade_balance_usd": 56412304.203903005,
      "export_partner_count": 67,
      "import_partner_count": 28,
      "active_hs6_count": 3,
      "country_name": "Belgium"
    },
    {
      "year": 2024,
      "country_iso3": "KOR",
      "hs4": 7205,
      "exports_usd": 68353329.03291847,
      "imports_usd": 159077856.451486,
      "trade_balance_usd": -90724527.41856752,
      "export_partner_count": 44,
      "import_partner_count": 32,
      "active_hs6_count": 3,
      "country_name": "Republic of Korea"
    }
  ],
  "importers": [
    {
      "year": 2024,
      "country_iso3": "CHN",
      "hs4": 7205,
      "exports_usd": 311448193.45388216,
      "imports_usd": 264238049.16192606,
      "trade_balance_usd": 47210144.2919561,
      "export_partner_count": 134,
      "import_partner_count": 44,
      "active_hs6_count": 3,
      "country_name": "China"
    },
    {
      "year": 2024,
      "country_iso3": "USA",
      "hs4": 7205,
      "exports_usd": 173686543.71332386,
      "imports_usd": 221388372.28204364,
      "trade_balance_usd": -47701828.568719774,
      "export_partner_count": 106,
      "import_partner_count": 43,
      "active_hs6_count": 3,
      "country_name": "USA, Puerto Rico and US Virgin Islands"
    },
    {
      "year": 2024,
      "country_iso3": "DEU",
      "hs4": 7205,
      "exports_usd": 212509784.97364846,
      "imports_usd": 216955379.62767527,
      "trade_balance_usd": -4445594.654026806,
      "export_partner_count": 104,
      "import_partner_count": 49,
      "active_hs6_count": 3,
      "country_name": "Germany"
    },
    {
      "year": 2024,
      "country_iso3": "KOR",
      "hs4": 7205,
      "exports_usd": 68353329.03291847,
      "imports_usd": 159077856.451486,
      "trade_balance_usd": -90724527.41856752,
      "export_partner_count": 44,
      "import_partner_count": 32,
      "active_hs6_count": 3,
      "country_name": "Republic of Korea"
    },
    {
      "year": 2024,
      "country_iso3": "JPN",
      "hs4": 7205,
      "exports_usd": 239296390.73101038,
      "imports_usd": 124258337.08700751,
      "trade_balance_usd": 115038053.64400287,
      "export_partner_count": 50,
      "import_partner_count": 32,
      "active_hs6_count": 3,
      "country_name": "Japan"
    },
    {
      "year": 2024,
      "country_iso3": "ITA",
      "hs4": 7205,
      "exports_usd": 24166168.10308112,
      "imports_usd": 118144222.12530865,
      "trade_balance_usd": -93978054.02222753,
      "export_partner_count": 70,
      "import_partner_count": 39,
      "active_hs6_count": 3,
      "country_name": "Italy"
    },
    {
      "year": 2024,
      "country_iso3": "MEX",
      "hs4": 7205,
      "exports_usd": 1894863.3938938237,
      "imports_usd": 101166502.9522342,
      "trade_balance_usd": -99271639.55834037,
      "export_partner_count": 17,
      "import_partner_count": 28,
      "active_hs6_count": 3,
      "country_name": "Mexico"
    },
    {
      "year": 2024,
      "country_iso3": "ESP",
      "hs4": 7205,
      "exports_usd": 27004842.45558096,
      "imports_usd": 83557130.41709393,
      "trade_balance_usd": -56552287.96151297,
      "export_partner_count": 62,
      "import_partner_count": 33,
      "active_hs6_count": 3,
      "country_name": "Spain"
    },
    {
      "year": 2024,
      "country_iso3": "TWN",
      "hs4": 7205,
      "exports_usd": 21569064.90492706,
      "imports_usd": 82907313.41984247,
      "trade_balance_usd": -61338248.51491541,
      "export_partner_count": 39,
      "import_partner_count": 25,
      "active_hs6_count": 3,
      "country_name": "Taiwan"
    },
    {
      "year": 2024,
      "country_iso3": "IND",
      "hs4": 7205,
      "exports_usd": 49002400.45986712,
      "imports_usd": 77034557.58269766,
      "trade_balance_usd": -28032157.12283054,
      "export_partner_count": 94,
      "import_partner_count": 38,
      "active_hs6_count": 3,
      "country_name": "India"
    }
  ],
  "products": [
    {
      "hs_code": "720510",
      "product_name": "Iron or steel, pig iron, spiegeleisen: granules thereof"
    },
    {
      "hs_code": "720521",
      "product_name": "Alloy steel powders"
    },
    {
      "hs_code": "720529",
      "product_name": "Iron or steel, pig iron, spiegeleisen: powders (excluding alloy steel)"
    }
  ],
  "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."
  }
}