Latest trade
$573.8MGlobal subsector valueHS4 subsector intelligence
Iron or non-alloy steel
HS4 7206 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
+9.4%Latest year on yearExporters
118Active reporting countriesImporters
176Active reporting countriesHS6 products
2Classifications inside HS4The subsector read
$573.8M in trade, with -35.4% annualized growth over three years.
Iron or non-alloy steel is recorded across 1,342 active corridors, with 118 exporters and 176 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 | IndiaIND | ItalyITA | $193.5M | +97.2% | 2 | 5,927 km | No |
| 2 | Iran (Islamic Republic of)IRN | JordanJOR | $50.4M | +186.1% | 1 | 1,490 km | No |
| 3 | IndonesiaIDN | El SalvadorSLV | $30.4M | +0% | 1 | 18,089 km | No |
| 4 | SwedenSWE | GermanyDEU | $20.1M | -0.7% | 2 | 811 km | Yes |
| 5 | AngolaAGO | Democratic Republic of the CongoCOD | $16.0M | +1,173.8% | 2 | 549 km | No |
| 6 | ItalyITA | SpainESP | $12.7M | -18.6% | 2 | 1,366 km | Yes |
| 7 | SloveniaSVN | GermanyDEU | $11.7M | +131.3% | 2 | 724 km | Yes |
| 8 | ZimbabweZWE | South AfricaZAF | $9.5M | +8,560.7% | 1 | 978 km | Yes |
| 9 | USA, Puerto Rico and US Virgin IslandsUSA | United Arab EmiratesARE | $8.9M | +1,364.2% | 1 | 11,024 km | No |
| 10 | USA, Puerto Rico and US Virgin IslandsUSA | Viet NamVNM | $7.8M | +398.2% | 2 | 14,306 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 | IndiaIND | $202.2M | 59 | 2 |
| 2 | Iran (Islamic Republic of)IRN | $55.7M | 6 | 2 |
| 3 | USA, Puerto Rico and US Virgin IslandsUSA | $39.1M | 80 | 2 |
| 4 | IndonesiaIDN | $32.0M | 13 | 2 |
| 5 | ItalyITA | $28.6M | 49 | 2 |
| 6 | SwedenSWE | $24.0M | 32 | 2 |
| 7 | ChinaCHN | $22.8M | 108 | 2 |
| 8 | AngolaAGO | $19.7M | 3 | 2 |
| 9 | SloveniaSVN | $13.8M | 10 | 2 |
| 10 | ZimbabweZWE | $11.5M | 3 | 2 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | ItalyITA | $202.1M | 28 | 2 |
| 2 | JordanJOR | $55.8M | 7 | 2 |
| 3 | GermanyDEU | $48.6M | 37 | 2 |
| 4 | El SalvadorSLV | $30.8M | 4 | 2 |
| 5 | SpainESP | $26.4M | 26 | 2 |
| 6 | Democratic Republic of the CongoCOD | $16.6M | 25 | 2 |
| 7 | South AfricaZAF | $11.1M | 20 | 2 |
| 8 | United Arab EmiratesARE | $10.6M | 24 | 2 |
| 9 | EgyptEGY | $10.1M | 10 | 2 |
| 10 | United KingdomGBR | $9.2M | 24 | 2 |
HS6 product coverage
The products inside HS4 7206
Six-digit classifications make the subsector specific. Browse the product workspace ↗
2 classifications shownIron or non-alloy steel
Iron or non-alloy steel: ingots (excluding iron of heading no. 7203)HS6 720610
Iron or non-alloy steel: primary forms (excluding ingots and iron of heading no. 7203)HS6 720690
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.