{
  "pageType": "HS4 subsector trade overview",
  "source": "api",
  "title": "Iron or non-alloy steel (HS4 7209) Trade Overview | Yugalinks",
  "description": "Review reported global trade for iron or non-alloy steel at HS4 7209, 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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    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
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    "terms": "OECD Terms & Conditions",
    "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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    "markdown": "https://www.yugalinks.com/trade/sector/hs4/7209/index.md",
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  "subsector": {
    "hs4": "7209",
    "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 $16.3B in reported global trade in 2024, with -4.5% annual change.",
  "keyFigures": {
    "latestTradeUsd": 16327081445.489662,
    "latestAnnualChangePct": -4.451196597566959,
    "activeExporters": 125,
    "activeImporters": 196,
    "activeHs6Products": 9
  },
  "growthAndStructure": {
    "trendLabel": "Rapid decline",
    "tradeCagr3yPct": -10.162501847882899,
    "tradeCagr5yPct": 2.3767132913716127,
    "historicalPeakUsd": 23166254587.96721,
    "historicalPeakYear": 2008,
    "positiveGrowthYearSharePct": 44.827586206896555,
    "exporterConcentrationHhi": 1117.7034707537032,
    "importerConcentrationHhi": 666.1712307836024,
    "tradeVolatilityCv": 0.30221745936368427
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  "annualRows": [
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      "year": 1995,
      "hs4": 7209,
      "global_trade_usd": 11233621574.339926,
      "corridor_count": 2474,
      "active_hs6_count": 9
    },
    {
      "year": 1996,
      "hs4": 7209,
      "global_trade_usd": 9224161964.533106,
      "corridor_count": 2353,
      "active_hs6_count": 9
    },
    {
      "year": 1997,
      "hs4": 7209,
      "global_trade_usd": 9320641159.328753,
      "corridor_count": 2418,
      "active_hs6_count": 9
    },
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      "year": 1998,
      "hs4": 7209,
      "global_trade_usd": 8061238556.201683,
      "corridor_count": 2465,
      "active_hs6_count": 9
    },
    {
      "year": 1999,
      "hs4": 7209,
      "global_trade_usd": 8406133728.66067,
      "corridor_count": 2675,
      "active_hs6_count": 9
    },
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      "year": 2000,
      "hs4": 7209,
      "global_trade_usd": 9932993601.705849,
      "corridor_count": 2683,
      "active_hs6_count": 9
    },
    {
      "year": 2001,
      "hs4": 7209,
      "global_trade_usd": 8160974291.606435,
      "corridor_count": 2758,
      "active_hs6_count": 9
    },
    {
      "year": 2002,
      "hs4": 7209,
      "global_trade_usd": 8501506695.739559,
      "corridor_count": 2643,
      "active_hs6_count": 9
    },
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      "year": 2003,
      "hs4": 7209,
      "global_trade_usd": 11879812821.111517,
      "corridor_count": 2711,
      "active_hs6_count": 9
    },
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      "year": 2004,
      "hs4": 7209,
      "global_trade_usd": 15399560606.218323,
      "corridor_count": 2787,
      "active_hs6_count": 9
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      "year": 2005,
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      "corridor_count": 2935,
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      "year": 2006,
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      "global_trade_usd": 17126618547.61929,
      "corridor_count": 3059,
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      "year": 2007,
      "hs4": 7209,
      "global_trade_usd": 18263525828.770767,
      "corridor_count": 3024,
      "active_hs6_count": 9
    },
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      "year": 2008,
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      "corridor_count": 3062,
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    },
    {
      "year": 2009,
      "hs4": 7209,
      "global_trade_usd": 14398842228.100576,
      "corridor_count": 3019,
      "active_hs6_count": 9
    },
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      "year": 2010,
      "hs4": 7209,
      "global_trade_usd": 19763519363.546215,
      "corridor_count": 3030,
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    },
    {
      "year": 2011,
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      "global_trade_usd": 22786056575.347828,
      "corridor_count": 2987,
      "active_hs6_count": 9
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      "year": 2012,
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      "global_trade_usd": 19851559441.705902,
      "corridor_count": 2968,
      "active_hs6_count": 9
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    {
      "year": 2013,
      "hs4": 7209,
      "global_trade_usd": 18342603255.74999,
      "corridor_count": 2975,
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      "year": 2014,
      "hs4": 7209,
      "global_trade_usd": 18955348330.165405,
      "corridor_count": 3051,
      "active_hs6_count": 9
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    {
      "year": 2015,
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      "corridor_count": 3068,
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      "year": 2016,
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      "global_trade_usd": 12934303161.879818,
      "corridor_count": 2888,
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    },
    {
      "year": 2017,
      "hs4": 7209,
      "global_trade_usd": 16941965171.700466,
      "corridor_count": 2907,
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      "year": 2018,
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      "corridor_count": 3057,
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    {
      "year": 2019,
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      "corridor_count": 2902,
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    {
      "year": 2020,
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      "global_trade_usd": 11830332073.18413,
      "corridor_count": 2749,
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      "year": 2021,
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      "refreshed_at": "2026-07-20 09:37:48",
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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."
  }
}