# Iron or non-alloy steel (HS4 7206) Trade Overview | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.
>
> [Follow Yugalinks on LinkedIn](https://in.linkedin.com/company/yugalinks)

Iron or non-alloy steel at HS4 7206, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7206

## Explore Yugalinks

- [Open the trade workspace](https://www.yugalinks.com/app)
- [Read the methodology](https://www.yugalinks.com/methodology)
- [Review data sources](https://www.yugalinks.com/data-sources)
- [Check data coverage](https://www.yugalinks.com/data-coverage)
- [Read Responsible AI principles](https://www.yugalinks.com/responsible-ai)

## Answer

The iron or non-alloy steel subsector recorded $573.8M in reported global trade in 2024, with +9.4% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $573.8M |
| Latest annual change | +9.4% |
| Active exporters | 118 |
| Active importers | 176 |
| Active HS6 products | 2 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $347.2M | 866 | 2 |
| 1996 | $334.8M | 875 | 2 |
| 1997 | $446.8M | 887 | 2 |
| 1998 | $357.8M | 873 | 2 |
| 1999 | $357.7M | 956 | 2 |
| 2000 | $437.6M | 1,075 | 2 |
| 2001 | $392.1M | 1,085 | 2 |
| 2002 | $363.6M | 1,094 | 2 |
| 2003 | $634.7M | 1,072 | 2 |
| 2004 | $1.2B | 1,260 | 2 |
| 2005 | $1.6B | 1,225 | 2 |
| 2006 | $1.1B | 1,179 | 2 |
| 2007 | $1.7B | 1,316 | 2 |
| 2008 | $2.2B | 1,304 | 2 |
| 2009 | $756.5M | 1,229 | 2 |
| 2010 | $1.9B | 1,257 | 2 |
| 2011 | $2.7B | 1,329 | 2 |
| 2012 | $2.9B | 1,397 | 2 |
| 2013 | $1.5B | 1,449 | 2 |
| 2014 | $1.2B | 1,465 | 2 |
| 2015 | $801.3M | 1,368 | 2 |
| 2016 | $971.8M | 1,344 | 2 |
| 2017 | $1.3B | 1,394 | 2 |
| 2018 | $808.1M | 1,394 | 2 |
| 2019 | $866.0M | 1,420 | 2 |
| 2020 | $1.1B | 1,261 | 2 |
| 2021 | $2.1B | 1,424 | 2 |
| 2022 | $2.0B | 1,463 | 2 |
| 2023 | $536.9M | 1,399 | 2 |
| 2024 | $573.8M | 1,342 | 2 |

## Leading corridors

- India to Italy: $193.5M; growth +97.2%.
- Iran (Islamic Republic of) to Jordan: $50.4M; growth +186.1%.
- Indonesia to El Salvador: $30.4M; growth +0%.
- Sweden to Germany: $20.1M; growth -0.7%.
- Angola to Democratic Republic of the Congo: $16.0M; growth +1,173.8%.
- Italy to Spain: $12.7M; growth -18.6%.
- Slovenia to Germany: $11.7M; growth +131.3%.
- Zimbabwe to South Africa: $9.5M; growth +8,560.7%.
- USA, Puerto Rico and US Virgin Islands to United Arab Emirates: $8.9M; growth +1,364.2%.
- USA, Puerto Rico and US Virgin Islands to Viet Nam: $7.8M; growth +398.2%.

## HS6 products

- 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

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

## Continue your research

- [Explore HS4 7206 in the workspace](https://www.yugalinks.com/app?hs=7206)
- [Open the Yugalinks workspace](https://www.yugalinks.com/app)

## Other formats

- [HTML](https://www.yugalinks.com/trade/sector/hs4/7206/index.html)
- [JSON](https://www.yugalinks.com/trade/sector/hs4/7206/index.json)
- [JSON-LD](https://www.yugalinks.com/trade/sector/hs4/7206/index.ld.json)


## Continue your research

- [Explore HS4 7206 in the workspace](https://www.yugalinks.com/app?hs=7206)
- [Open the Yugalinks workspace](https://www.yugalinks.com/app)

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.