Latest trade
$68.1BGlobal subsector valueHS4 subsector intelligence
Iron or non-alloy steel
HS4 7208 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
-5.2%Latest year on yearExporters
154Active reporting countriesImporters
199Active reporting countriesHS6 products
14Classifications inside HS4The subsector read
$68.1B in trade, with -3.5% annualized growth over three years.
Iron or non-alloy steel is recorded across 3,930 active corridors, with 154 exporters and 199 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 | ChinaCHN | Viet NamVNM | $4.1B | +98.3% | 14 | 2,732 km | Yes |
| 2 | ChinaCHN | United Arab EmiratesARE | $1.7B | +131.8% | 14 | 6,430 km | No |
| 3 | ChinaCHN | Saudi ArabiaSAU | $1.6B | +61.1% | 14 | 7,253 km | No |
| 4 | ChinaCHN | Republic of KoreaKOR | $1.6B | +21.2% | 14 | 867 km | Yes |
| 5 | JapanJPN | Republic of KoreaKOR | $1.5B | -8.4% | 14 | 1,155 km | No |
| 6 | USA, Puerto Rico and US Virgin IslandsUSA | MexicoMEX | $1.3B | +5% | 14 | 3,359 km | Yes |
| 7 | JapanJPN | ThailandTHA | $1.2B | -7.8% | 14 | 4,604 km | Yes |
| 8 | CanadaCAN | USA, Puerto Rico and US Virgin IslandsUSA | $1.1B | -20.4% | 14 | 556 km | Yes |
| 9 | ChinaCHN | TurkeyTUR | $1.1B | +100.6% | 14 | 8,004 km | No |
| 10 | Republic of KoreaKOR | IndiaIND | $929.0M | +11.1% | 12 | 4,692 km | Yes |
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 | ChinaCHN | $18.1B | 188 | 14 |
| 2 | JapanJPN | $9.1B | 96 | 14 |
| 3 | Republic of KoreaKOR | $6.1B | 105 | 14 |
| 4 | GermanyDEU | $3.2B | 115 | 14 |
| 5 | BelgiumBEL | $2.4B | 109 | 14 |
| 6 | FranceFRA | $2.0B | 103 | 14 |
| 7 | TaiwanTWN | $1.9B | 75 | 14 |
| 8 | TurkeyTUR | $1.9B | 131 | 14 |
| 9 | USA, Puerto Rico and US Virgin IslandsUSA | $1.9B | 116 | 14 |
| 10 | NetherlandsNLD | $1.9B | 104 | 14 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | Viet NamVNM | $6.3B | 29 | 14 |
| 2 | ItalyITA | $4.2B | 55 | 14 |
| 3 | Republic of KoreaKOR | $3.1B | 31 | 14 |
| 4 | MexicoMEX | $2.8B | 32 | 14 |
| 5 | GermanyDEU | $2.8B | 57 | 14 |
| 6 | IndiaIND | $2.6B | 35 | 14 |
| 7 | TurkeyTUR | $2.5B | 43 | 14 |
| 8 | United Arab EmiratesARE | $2.4B | 54 | 14 |
| 9 | SpainESP | $2.4B | 40 | 14 |
| 10 | USA, Puerto Rico and US Virgin IslandsUSA | $2.3B | 53 | 14 |
HS6 product coverage
The products inside HS4 7208
Six-digit classifications make the subsector specific. Browse the product workspace ↗
32 classifications shownIron or non-alloy steel
Iron or non-alloy steel: in coils, flat-rolled, of a width 600mm or more, hot-rolled, with patterns in reliefHS6 720810
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, hot-rolled, having a minimum yield point of 355MPa, thickness exceeding 10mmHS6 720811
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, hot-rolled, minimum yield point of 355MPa, thickness 4.75mm or more but not exceeding 10mmHS6 720812
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, hot-rolled, of a thickness of 3mm or more but less than 4.75mm, having a minimum yield point of 355MPaHS6 720813
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, hot-rolled, thickness less than 3mm and having a minimum yield point of 275MPaHS6 720814
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, hot-rolled, of a thickness exceeding 10mm, excluding minimum yield point of 355MPaHS6 720821
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, hot-rolled, thickness of 4.75mm or more but not exceeding 10mm, excluding minimum yield point of 355MPaHS6 720822
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, hot-rolled, thickness of 3mm or more but less than 4.75mm, other than minimum yield point of 355MPaHS6 720823
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, hot-rolled, less than 3mm thick, excluding minimum yield point of 275MPaHS6 720824
Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, pickled, of a thickness of 4.75mm or moreHS6 720825
Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, pickled, of a thickness of 3mm or more but less than 4.75mmHS6 720826
Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, pickled, of a thickness of less than 3mmHS6 720827
Iron or non-alloy steel: not in coils, flat-rolled, width not over 1250mm hot-rolled, thickness not less than 4mm, having a minimum yield point of 355MPa, without patterns in reliefHS6 720831
Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, thickness exceeding 10mm, and a minimum yield point of 355MPaHS6 720832
Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, thickness of 4.75mm or more but not exceeding 10mm, having a minimum yield point of 355MPaHS6 720833
Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, thickness of 3mm or more but less than 4.75mm, having a minimum yield point of 355MPaHS6 720834
Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, thickness less than 3mm, having a minimum yield point of 275MPaHS6 720835
Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness exceeding 10mmHS6 720836
Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of 4.75mm or more but not exceeding 10mmHS6 720837
Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of 3mm or more but less than 4.75mmHS6 720838
Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mmHS6 720839
Iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, with patterns in reliefHS6 720840
Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, width not exceeding 1250mm and not less than 4mm thick, without patterns in relief, excluding minimum yield point of 355MPaHS6 720841
Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, thickness exceeding 10mm, excluding minimum yield point of 355MPaHS6 720842
Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, thickness of 4.75mm or more but not exceeding 10mm, excluding minimum yield point of 355MPaHS6 720843
Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, thickness of 3mm or more but less than 4.75mm, excluding minimum yield point of 355MPaHS6 720844
Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, thickness less than 3mm, excluding minimum yield point of 275MPaHS6 720845
Iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, without patterns in relief, of a thickness exceeding 10mmHS6 720851
Iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, without patterns in relief, of a thickness of 4.75mm or more but not exceeding 10mmHS6 720852
Iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, without patterns in relief, of a thickness of 3mm or more but less than 4.75mmHS6 720853
Iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, without patterns in relief, of a thickness of less than 3mmHS6 720854
Iron or non-alloy steel: flat-rolled, hot-rolled, of a width 600mm or more, n.e.c. in heading no. 7208HS6 720890
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.