HS4 subsector intelligence

Iron or non-alloy steel
HS4 7209 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 72091995-2024 coverageRapid decline
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$16.3BGlobal subsector value
02

Annual change

-4.5%Latest year on year
03

Exporters

125Active reporting countries
04

Importers

196Active reporting countries
05

HS6 products

9Classifications inside HS4

The subsector read

$16.3B in trade, with -10.2% annualized growth over three years.

Iron or non-alloy steel is recorded across 2,695 active corridors, with 125 exporters and 196 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $11.2B1996: $9.2B1997: $9.3B1998: $8.1B1999: $8.4B2000: $9.9B2001: $8.2B2002: $8.5B2003: $11.9B2004: $15.4B2005: $17.6B2006: $17.1B2007: $18.3B2008: $23.2B2009: $14.4B2010: $19.8B2011: $22.8B2012: $19.9B2013: $18.3B2014: $19.0B2015: $14.5B2016: $12.9B2017: $16.9B2018: $17.3B2019: $14.5B2020: $11.8B2021: $22.5B2022: $19.9B2023: $16.3B2024: $16.3B
Reported global trade by year.

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
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$538.1M-3.2%9556 kmYes
2USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$504.2M+4.8%93,359 kmYes
3Republic of KoreaKORJapanJPN$433.7M+1.5%71,155 kmNo
4Republic of KoreaKORMexicoMEX$387.2M-0.4%812,070 kmNo
5BelgiumBELGermanyDEU$320.5M+2.6%9653 kmYes
6GermanyDEUPolandPOL$309.4M+0.5%9518 kmYes
7ChinaCHNRepublic of KoreaKOR$269.4M+3.5%9867 kmYes
8ChinaCHNTaiwanTWN$261.6M-17.6%7688 kmNo
9Republic of KoreaKORThailandTHA$258.3M-10.3%73,720 kmYes
10NetherlandsNLDBelgiumBEL$251.7M-4.8%9174 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$2.9B1789
2Republic of KoreaKOR$2.4B669
3JapanJPN$1.3B629
4GermanyDEU$985.1M1009
5BelgiumBEL$943.5M849
6TaiwanTWN$850.9M589
7USA, Puerto Rico and US Virgin IslandsUSA$691.5M909
8NetherlandsNLD$595.4M729
9CanadaCAN$543.3M219
10TurkeyTUR$518.5M1039
Top importers2024 ranking
RankCountryImportsPartnersHS6
1MexicoMEX$1.7B339
2USA, Puerto Rico and US Virgin IslandsUSA$1.2B409
3GermanyDEU$737.1M529
4PolandPOL$686.0M489
5JapanJPN$676.8M279
6BelgiumBEL$661.3M359
7ItalyITA$637.8M479
8TurkeyTUR$547.2M409
9SpainESP$536.8M369
10ThailandTHA$535.5M259

HS6 product coverage

The products inside HS4 7209

Six-digit classifications make the subsector specific. Browse the product workspace ↗

25 classifications shownIron or non-alloy steel
01
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, thickness of 3mm or more and having a minimum yield point of 355MPaHS6 720911
02
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, thickness exceeding 1mm but less than 3mm and having a minimum yield point of 275MPaHS6 720912
03
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, thickness of 0.5mm or more but not exceeding 1mm and having a minimum yield point of 275MPaHS6 720913
04
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, thickness less than 0.5mm and having a minimum yield point of 275MPaHS6 720914
05
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, of a thickness of 3mm or moreHS6 720915
06
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mmHS6 720916
07
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, of a thickness of 0.5mm or more but not exceeding 1mmHS6 720917
08
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, of a thickness of less than 0.5mmHS6 720918
09
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, thickness 3mm or more, excluding minimum yield point of 355MPaHS6 720921
10
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, thickness exceeding 1mm but less than 3mm, excluding minimum yield point of 275MPaHS6 720922
11
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled of a thickness of 0.5mm or more but not exceeding 1mm, excluding minimum yield point of 275MPaHS6 720923
12
Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled of a thickness of less than 0.5mm, excluding minimum yield point of 275MPaHS6 720924
13
Iron or non-alloy steel: (not in coils), flat-rolled, width 600mm or more, cold-rolled, of a thickness of 3mm or moreHS6 720925
14
Iron or non-alloy steel: (not in coils), flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mmHS6 720926
15
Iron or non-alloy steel: (not in coils), flat-rolled, width 600mm or more, cold-rolled, of a thickness of 0.5mm or more but not exceeding 1mmHS6 720927
16
Iron or non-alloy steel: (not in coils), flat-rolled, width 600mm or more, cold-rolled, of a thickness of less than 0.5mmHS6 720928
17
Iron or non-alloy steel: not in coils, flat-rolled, width 600mm or more, cold-rolled of a thickness of 3mm or more, having a minimum yield point of 355MPaHS6 720931
18
Iron or non-alloy steel: not in coils, flat-rolled, width 600mm or more, cold-rolled, thickness exceeding 1mm but less than 3mm, having a minimum yield point of 275MPaHS6 720932
19
Iron or non-alloy steel: not in coils, flat-rolled, width 600mm or more, cold-rolled, thickness of 0.5mm or more but not exceeding 1mm, having a minimum yield point of 275MPaHS6 720933
20
Iron or non-alloy steel: not in coils, flat-rolled, width 600mm or more, cold-rolled, thickness of less than 0.5mm, having a minimum yield point of 275MPaHS6 720934
21
Iron or non-alloy steel: not in coils, flat-rolled, width 600mm or more, cold-rolled, thickness of 3mm or more, excluding minimum yield point of 355MPaHS6 720941
22
Iron or non-alloy steel: not in coils, flat-rolled, width 600mm or more, cold-rolled, thickness exceeding 1mm but less than 3mm, excluding minimum yield point of 275MPaHS6 720942
23
Iron or non-alloy steel: not in coils, flat-rolled, width 600mm or more, cold-rolled, thickness of 0.5mm or more but not exceeding 1mm, excluding minimum yield point of 275MPaHS6 720943
24
Iron or non-alloy steel: not in coils, flat-rolled, width 600mm or more, cold-rolled, thickness less than 0.5mm, excluding minimum yield point of 275MPaHS6 720944
25
Iron or non-alloy steel: flat-rolled, width 600mm or more, cold-rolled, n.e.s. in heading no. 7209HS6 720990

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

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.