# Iron or non-alloy steel (HS4 7208) Trade Overview | Yugalinks

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Iron or non-alloy steel at HS4 7208, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7208

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## Answer

The iron or non-alloy steel subsector recorded $68.1B in reported global trade in 2024, with -5.2% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $68.1B |
| Latest annual change | -5.2% |
| Active exporters | 154 |
| Active importers | 199 |
| Active HS6 products | 14 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $19.4B | 2,872 | 14 |
| 1996 | $16.6B | 2,876 | 14 |
| 1997 | $17.2B | 2,929 | 14 |
| 1998 | $17.2B | 3,059 | 14 |
| 1999 | $15.0B | 3,148 | 14 |
| 2000 | $18.4B | 3,438 | 14 |
| 2001 | $15.0B | 3,403 | 14 |
| 2002 | $17.1B | 3,389 | 14 |
| 2003 | $22.9B | 3,462 | 14 |
| 2004 | $36.2B | 3,552 | 14 |
| 2005 | $43.7B | 3,832 | 14 |
| 2006 | $50.6B | 3,933 | 14 |
| 2007 | $65.3B | 3,928 | 14 |
| 2008 | $85.1B | 3,998 | 14 |
| 2009 | $43.3B | 3,994 | 14 |
| 2010 | $56.2B | 3,920 | 14 |
| 2011 | $66.7B | 4,001 | 14 |
| 2012 | $58.8B | 4,062 | 14 |
| 2013 | $54.9B | 4,037 | 14 |
| 2014 | $55.1B | 4,071 | 14 |
| 2015 | $43.6B | 4,035 | 14 |
| 2016 | $38.9B | 3,967 | 14 |
| 2017 | $49.9B | 3,985 | 14 |
| 2018 | $56.3B | 4,022 | 14 |
| 2019 | $50.5B | 3,937 | 14 |
| 2020 | $42.9B | 3,743 | 14 |
| 2021 | $75.8B | 3,867 | 14 |
| 2022 | $79.1B | 4,056 | 14 |
| 2023 | $71.9B | 3,987 | 14 |
| 2024 | $68.1B | 3,930 | 14 |

## Leading corridors

- China to Viet Nam: $4.1B; growth +98.3%.
- China to United Arab Emirates: $1.7B; growth +131.8%.
- China to Saudi Arabia: $1.6B; growth +61.1%.
- China to Republic of Korea: $1.6B; growth +21.2%.
- Japan to Republic of Korea: $1.5B; growth -8.4%.
- USA, Puerto Rico and US Virgin Islands to Mexico: $1.3B; growth +5%.
- Japan to Thailand: $1.2B; growth -7.8%.
- Canada to USA, Puerto Rico and US Virgin Islands: $1.1B; growth -20.4%.
- China to Turkey: $1.1B; growth +100.6%.
- Republic of Korea to India: $929.0M; growth +11.1%.

## HS6 products

- Iron or non-alloy steel: in coils, flat-rolled, of a width 600mm or more, hot-rolled, with patterns in relief (HS6 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 10mm (HS6 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 10mm (HS6 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 355MPa (HS6 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 275MPa (HS6 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 355MPa (HS6 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 355MPa (HS6 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 355MPa (HS6 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 275MPa (HS6 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 more (HS6 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 4.75mm (HS6 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 3mm (HS6 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 relief (HS6 720831)
- Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, thickness exceeding 10mm, and a minimum yield point of 355MPa (HS6 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 355MPa (HS6 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 355MPa (HS6 720834)
- Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, thickness less than 3mm, having a minimum yield point of 275MPa (HS6 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 10mm (HS6 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 10mm (HS6 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 4.75mm (HS6 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 3mm (HS6 720839)
- Iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, with patterns in relief (HS6 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 355MPa (HS6 720841)
- Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, thickness exceeding 10mm, excluding minimum yield point of 355MPa (HS6 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 355MPa (HS6 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 355MPa (HS6 720844)
- Iron or non-alloy steel: not in coils, flat-rolled, hot-rolled, thickness less than 3mm, excluding minimum yield point of 275MPa (HS6 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 10mm (HS6 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 10mm (HS6 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 4.75mm (HS6 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 3mm (HS6 720854)
- Iron or non-alloy steel: flat-rolled, hot-rolled, of a width 600mm or more, n.e.c. in heading no. 7208 (HS6 720890)

## 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.

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## 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)

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