HS4 subsector corridor intelligence

Iron or non-alloy steel
top trade corridors

HS4 7206 - leading exporter-to-importer routes

Explore reported routes for this HS4 subsector, ranked by latest trade value and paired with growth, market share, access, tariff, and distance context.

HS4 72061995-2024Rapid decline
The route picture at a glanceHS4 7206 - reported trade
01

Latest HS4 trade

$573.8MReported value
02

Corridors shown

25Leading routes by value
03

Leading route value

$193.5MLatest reported value
04

Leading route growth

+97.2%Calculated 3-year change
05

Latest reported year

20241995-2024 coverage

The HS4 corridor read

India to Italy leads the reported HS4 7206 routes.

The leading route recorded $193.5M in 2024, with +97.2% calculated three-year growth. Across the HS4 subsector, latest reported trade was $573.8M, with -35.4% calculated three-year growth. Read the HS4 overview ↗

Leading route$193.5M33.7% of latest HS4 trade

Top HS4 corridors

Where Iron or non-alloy steel trade moves

Observed exporter-to-importer relationships ranked by latest reported trade value. Growth, peak comparisons, and shares are calculated indicators; access fields provide context where available. Review data sources ↗

HS4 7206 exporter-to-importer relationshipsTop 25 by value

Scroll horizontally to compare all route fields.

RankExporterImporterLatest trade3-year CAGR5-year CAGR10-year CAGRMarket shareFTA / accessApplied tariffMFN tariffPreferential tariffTariff advantageDistanceHistorical peakLatest below peakYearsTrend
1IndiaINDItalyITA$193.5M+97.2%+757%+251.9%33.7%No FTA reported0%0.1%0%+0 pp5,927 km$197.4M20232%27Rapid growth
2Iran (Islamic Republic of)IRNJordanJOR$50.4M+186.1%+35.8%+24.5%8.8%No FTA reported0.2%0.2%Not reportedNot reported1,490 km$82.0M201638.5%12Rapid growth
3IndonesiaIDNEl SalvadorSLV$30.4MNot reportedNot reportedNot reported5.3%No FTA reported0.1%0.1%Not reportedNot reported18,089 km$30.4M20240%3Insufficient history
4SwedenSWEGermanyDEU$20.1M-0.7%-6.9%+44.6%3.5%FTA reported0%0%0%+0 pp811 km$28.7M201929.9%22Stable
5AngolaAGODemocratic Republic of the CongoCOD$16.0M+1,173.8%+1,275.6%Not reported2.8%No FTA reportedNot reportedNot reportedNot reportedNot reported549 km$16.0M20240%6Rapid growth
6ItalyITASpainESP$12.7M-18.6%+2.8%+16.8%2.2%FTA reported0%0%0%+0 pp1,366 km$24.6M202348.3%30Rapid decline
7SloveniaSVNGermanyDEU$11.7M+131.3%+355.2%+70.7%2%FTA reported0%0%0%+0 pp724 km$11.7M20240%16Rapid growth
8ZimbabweZWESouth AfricaZAF$9.5M+8,560.7%+1,290.9%+48.9%1.7%FTA reported0.1%0.1%0.1%+0.1 pp978 km$9.5M20240%19Rapid growth
9USA, Puerto Rico and US Virgin IslandsUSAUnited Arab EmiratesARE$8.9M+1,364.2%+260.8%+59.2%1.5%No FTA reported0.1%0.1%Not reportedNot reported11,024 km$8.9M20240%28Rapid growth
10USA, Puerto Rico and US Virgin IslandsUSAViet NamVNM$7.8M+398.2%+288.5%+32.4%1.4%No FTA reported0.2%0.2%Not reportedNot reported14,306 km$8.1M20104.3%21Rapid growth
11LibyaLBYEgyptEGY$7.4M+83.2%+43.8%+19.9%1.3%FTA reported0.3%0.3%0%+0.3 pp1,742 km$7.4M20240%5Rapid growth
12BelgiumBELLatviaLVA$5.6M-16.9%+0.4%+30%1%FTA reported0%0%0%+0 pp1,458 km$11.9M202253%19Rapid decline
13LithuaniaLTUSpainESP$5.3M+3,181.7%+712.2%+251.3%0.9%FTA reported0%0%0%+0 pp2,666 km$5.3M20240%3Rapid growth
14Iran (Islamic Republic of)IRNGeorgiaGEO$4.7M+281.9%+85.9%+87.7%0.8%No FTA reported0.1%0.1%Not reportedNot reported878 km$5.7M202316.5%10Rapid growth
15USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$4.7M-6%+6.3%-1.8%0.8%FTA reported0%0.1%0%+0 pp556 km$9.5M200850.4%30Declining
16Republic of KoreaKORJapanJPN$4.5M+78.1%+53.4%+17.6%0.8%No FTA reported0%0%0%+0 pp1,155 km$4.9M20089.4%30Rapid growth
17ChinaCHNIndiaIND$4.2M+136.6%+6.5%+69%0.7%No FTA reported0.5%0.5%0.1%+0.5 pp4,252 km$4.5M20225%24Rapid growth
18IndiaINDUnited KingdomGBR$4.2M+753.1%+172%+43.2%0.7%No FTA reportedNot reportedNot reportedNot reportedNot reported6,720 km$4.2M20240%30Rapid growth
19USA, Puerto Rico and US Virgin IslandsUSATrinidad and TobagoTTO$4.1M+3,282.8%+347.3%+39.7%0.7%No FTA reported0.1%0.1%Not reportedNot reported3,549 km$6.1M201732.8%28Rapid growth
20IraqIRQJordanJOR$3.6M+43.2%+24%+11.4%0.6%FTA reported0.2%0.2%0%+0.2 pp808 km$7.2M202349.6%5Rapid growth
21ItalyITAGermanyDEU$3.5M-21.9%+6.2%-2.3%0.6%FTA reported0%0%0%+0 pp1,184 km$7.4M202152.4%30Rapid decline
22NetherlandsNLDBelgiumBEL$3.3M+6.1%+14.9%+4.7%0.6%FTA reported0%0%0%+0 pp174 km$3.8M201612.8%26Growing
23JordanJORSaudi ArabiaSAU$3.2M+468.8%+183.8%+147.8%0.6%FTA reported0.1%0.1%0%+0.1 pp1,326 km$3.2M20240%9Rapid growth
24ChinaCHNSaudi ArabiaSAU$3.0M+79.8%+113.7%+48.4%0.5%No FTA reported0.1%0.1%Not reportedNot reported7,253 km$27.5M200789.2%16Rapid growth
25CzechiaCZEItalyITA$2.8M+176.7%+35.7%+10.6%0.5%FTA reported0%0%0%+0 pp923 km$9.7M200471.1%29Rapid growth

Movement to watch

Growth leaders for HS4 7206

The strongest available three-year growth rates are starting points for research, not forecasts. Compare the calculated rate with each route's reported value, share, and trend. Read the methodology ↗

01Growth leader

Zimbabwe to South Africa

+8,560.7%calculated 3-year CAGR
$9.5M latest value1.7% market shareRapid growth
02Growth leader

USA, Puerto Rico and US Virgin Islands to Trinidad and Tobago

+3,282.8%calculated 3-year CAGR
$4.1M latest value0.7% market shareRapid growth
03Growth leader

Lithuania to Spain

+3,181.7%calculated 3-year CAGR
$5.3M latest value0.9% market shareRapid growth
04Growth leader

USA, Puerto Rico and US Virgin Islands to United Arab Emirates

+1,364.2%calculated 3-year CAGR
$8.9M latest value1.5% market shareRapid growth
05Growth leader

Angola to Democratic Republic of the Congo

+1,173.8%calculated 3-year CAGR
$16.0M latest value2.8% market shareRapid growth

Access and tariff context

Compare route access without over-reading one indicator

FTA status, applied tariffs, tariff advantage, and distance are supporting route context. Group averages are calculated from displayed routes and are not tariff recommendations. Check data coverage ↗

FTA reported$93.5M

13 displayed routes with average calculated growth of +968.3%.

Average applied tariff
0.1%
Average tariff advantage
+0.1 pp
No FTA reported$331.6M

12 displayed routes with average calculated growth of +712%.

Average applied tariff
0.1%
Average tariff advantage
+0.2 pp
Lowest reported applied tariffFTA reported

Italy to Spain

0%

Routes with an available applied tariff. Latest route value: $12.7M.

Applied 0%Advantage +0 pp1,366 km
Largest reported tariff advantageNo FTA reported

China to India

+0.5 pp

Routes with an available tariff advantage. Latest route value: $4.2M.

Applied 0.5%Advantage +0.5 pp4,252 km

HS4 indicators

Scale, momentum, and structure in one view

These cards pair reported trade observations with calculated indicators from the available HS4 history. See indicator definitions ↗

Displayed route value$425.1M

Combined reported value across the 25 routes shown.

HS4 3-year CAGR-35.4%

Calculated annualized change in reported HS4 trade.

Exporter / importer HHI2,191.2 / 2,188.9

Calculated concentration indicators; higher values mean a more concentrated mix.

Trade volatility0.6

Calculated variation in annual reported HS4 trade.

Trend and peakRapid decline

Historical peak: $2.9B in 2012. Latest below peak: 80.5%.

Coverage and breadth1995-2024

30 observed years; 1,342 active corridors, 118 exporters, 176 importers, and 2 HS6 products.

How to read this view

Keep reported scale separate from calculated movement.

Latest trade values describe reported merchandise trade for HS4 7206. Growth, market share, HHI, volatility, and peak comparisons are calculated indicators over the stated coverage period.

FTA status, tariffs, and distance add route context where available. A missing value stays unavailable; it is not treated as zero or a forecast.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). 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.