{
  "pageType": "HS4 subsector trade overview",
  "source": "api",
  "title": "Iron or non-alloy steel (HS4 7208) Trade Overview | Yugalinks",
  "description": "Review reported global trade for iron or non-alloy steel at HS4 7208, including scale, trend, corridors, countries, and the HS6 products within this subsector.",
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  "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)",
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    "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.",
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        "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": {
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  "subsector": {
    "hs4": "7208",
    "name": "Iron or non-alloy steel"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:09"
  },
  "answer": "The iron or non-alloy steel subsector recorded $68.1B in reported global trade in 2024, with -5.2% annual change.",
  "keyFigures": {
    "latestTradeUsd": 68068649954.306854,
    "latestAnnualChangePct": -5.190470700401693,
    "activeExporters": 154,
    "activeImporters": 199,
    "activeHs6Products": 14
  },
  "growthAndStructure": {
    "trendLabel": "Declining",
    "tradeCagr3yPct": -3.5357497737943056,
    "tradeCagr5yPct": 6.147400104219303,
    "historicalPeakUsd": 85055823280.14374,
    "historicalPeakYear": 2008,
    "positiveGrowthYearSharePct": 51.724137931034484,
    "exporterConcentrationHhi": 1070.9290367063336,
    "importerConcentrationHhi": 504.7246261953602,
    "tradeVolatilityCv": 0.4709117146960994
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  "annualRows": [
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      "year": 1995,
      "hs4": 7208,
      "global_trade_usd": 19363394386.198013,
      "corridor_count": 2872,
      "active_hs6_count": 14
    },
    {
      "year": 1996,
      "hs4": 7208,
      "global_trade_usd": 16572434239.28856,
      "corridor_count": 2876,
      "active_hs6_count": 14
    },
    {
      "year": 1997,
      "hs4": 7208,
      "global_trade_usd": 17235879439.467762,
      "corridor_count": 2929,
      "active_hs6_count": 14
    },
    {
      "year": 1998,
      "hs4": 7208,
      "global_trade_usd": 17153841764.742584,
      "corridor_count": 3059,
      "active_hs6_count": 14
    },
    {
      "year": 1999,
      "hs4": 7208,
      "global_trade_usd": 14965561010.329908,
      "corridor_count": 3148,
      "active_hs6_count": 14
    },
    {
      "year": 2000,
      "hs4": 7208,
      "global_trade_usd": 18360451689.12641,
      "corridor_count": 3438,
      "active_hs6_count": 14
    },
    {
      "year": 2001,
      "hs4": 7208,
      "global_trade_usd": 14980350824.297194,
      "corridor_count": 3403,
      "active_hs6_count": 14
    },
    {
      "year": 2002,
      "hs4": 7208,
      "global_trade_usd": 17115361583.809723,
      "corridor_count": 3389,
      "active_hs6_count": 14
    },
    {
      "year": 2003,
      "hs4": 7208,
      "global_trade_usd": 22933595056.903076,
      "corridor_count": 3462,
      "active_hs6_count": 14
    },
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      "year": 2004,
      "hs4": 7208,
      "global_trade_usd": 36246165309.90515,
      "corridor_count": 3552,
      "active_hs6_count": 14
    },
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      "year": 2005,
      "hs4": 7208,
      "global_trade_usd": 43733579153.377846,
      "corridor_count": 3832,
      "active_hs6_count": 14
    },
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      "year": 2006,
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      "global_trade_usd": 50563170364.16449,
      "corridor_count": 3933,
      "active_hs6_count": 14
    },
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      "year": 2007,
      "hs4": 7208,
      "global_trade_usd": 65305310246.26676,
      "corridor_count": 3928,
      "active_hs6_count": 14
    },
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      "year": 2008,
      "hs4": 7208,
      "global_trade_usd": 85055823280.14374,
      "corridor_count": 3998,
      "active_hs6_count": 14
    },
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      "year": 2009,
      "hs4": 7208,
      "global_trade_usd": 43261387982.69305,
      "corridor_count": 3994,
      "active_hs6_count": 14
    },
    {
      "year": 2010,
      "hs4": 7208,
      "global_trade_usd": 56172243131.55622,
      "corridor_count": 3920,
      "active_hs6_count": 14
    },
    {
      "year": 2011,
      "hs4": 7208,
      "global_trade_usd": 66667048402.67976,
      "corridor_count": 4001,
      "active_hs6_count": 14
    },
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      "year": 2012,
      "hs4": 7208,
      "global_trade_usd": 58819336632.38181,
      "corridor_count": 4062,
      "active_hs6_count": 14
    },
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      "year": 2013,
      "hs4": 7208,
      "global_trade_usd": 54947284346.93261,
      "corridor_count": 4037,
      "active_hs6_count": 14
    },
    {
      "year": 2014,
      "hs4": 7208,
      "global_trade_usd": 55099333021.72837,
      "corridor_count": 4071,
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    },
    {
      "year": 2015,
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      "corridor_count": 4035,
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    },
    {
      "year": 2016,
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      "global_trade_usd": 38875006534.66173,
      "corridor_count": 3967,
      "active_hs6_count": 14
    },
    {
      "year": 2017,
      "hs4": 7208,
      "global_trade_usd": 49861647887.64522,
      "corridor_count": 3985,
      "active_hs6_count": 14
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    {
      "year": 2018,
      "hs4": 7208,
      "global_trade_usd": 56265358533.96152,
      "corridor_count": 4022,
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    },
    {
      "year": 2019,
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      "global_trade_usd": 50512670613.94349,
      "corridor_count": 3937,
      "active_hs6_count": 14
    },
    {
      "year": 2020,
      "hs4": 7208,
      "global_trade_usd": 42911957023.50669,
      "corridor_count": 3743,
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      "year": 2021,
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      "year": 2022,
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      "year": 2024,
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      "refreshed_at": "2026-07-20 09:37:48",
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      "product_name": "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 355MPa"
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      "product_name": "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 3mm"
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      "product_name": "Iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, with patterns in relief"
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      "product_name": "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 10mm"
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  ],
  "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."
  }
}