# Iron or non-alloy steel (HS4 7209) Trade Overview | Yugalinks

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Iron or non-alloy steel at HS4 7209, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7209

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## Answer

The iron or non-alloy steel subsector recorded $16.3B in reported global trade in 2024, with -4.5% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $16.3B |
| Latest annual change | -4.5% |
| Active exporters | 125 |
| Active importers | 196 |
| Active HS6 products | 9 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $11.2B | 2,474 | 9 |
| 1996 | $9.2B | 2,353 | 9 |
| 1997 | $9.3B | 2,418 | 9 |
| 1998 | $8.1B | 2,465 | 9 |
| 1999 | $8.4B | 2,675 | 9 |
| 2000 | $9.9B | 2,683 | 9 |
| 2001 | $8.2B | 2,758 | 9 |
| 2002 | $8.5B | 2,643 | 9 |
| 2003 | $11.9B | 2,711 | 9 |
| 2004 | $15.4B | 2,787 | 9 |
| 2005 | $17.6B | 2,935 | 9 |
| 2006 | $17.1B | 3,059 | 9 |
| 2007 | $18.3B | 3,024 | 9 |
| 2008 | $23.2B | 3,062 | 9 |
| 2009 | $14.4B | 3,019 | 9 |
| 2010 | $19.8B | 3,030 | 9 |
| 2011 | $22.8B | 2,987 | 9 |
| 2012 | $19.9B | 2,968 | 9 |
| 2013 | $18.3B | 2,975 | 9 |
| 2014 | $19.0B | 3,051 | 9 |
| 2015 | $14.5B | 3,068 | 9 |
| 2016 | $12.9B | 2,888 | 9 |
| 2017 | $16.9B | 2,907 | 9 |
| 2018 | $17.3B | 3,057 | 9 |
| 2019 | $14.5B | 2,902 | 9 |
| 2020 | $11.8B | 2,749 | 9 |
| 2021 | $22.5B | 2,826 | 9 |
| 2022 | $19.9B | 2,827 | 9 |
| 2023 | $16.3B | 2,783 | 9 |
| 2024 | $16.3B | 2,695 | 9 |

## Leading corridors

- Canada to USA, Puerto Rico and US Virgin Islands: $538.1M; growth -3.2%.
- USA, Puerto Rico and US Virgin Islands to Mexico: $504.2M; growth +4.8%.
- Republic of Korea to Japan: $433.7M; growth +1.5%.
- Republic of Korea to Mexico: $387.2M; growth -0.4%.
- Belgium to Germany: $320.5M; growth +2.6%.
- Germany to Poland: $309.4M; growth +0.5%.
- China to Republic of Korea: $269.4M; growth +3.5%.
- China to Taiwan: $261.6M; growth -17.6%.
- Republic of Korea to Thailand: $258.3M; growth -10.3%.
- Netherlands to Belgium: $251.7M; growth -4.8%.

## HS6 products

- 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 355MPa (HS6 720911)
- 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 275MPa (HS6 720912)
- 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 275MPa (HS6 720913)
- 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 275MPa (HS6 720914)
- Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, of a thickness of 3mm or more (HS6 720915)
- Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mm (HS6 720916)
- 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 (HS6 720917)
- Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, of a thickness of less than 0.5mm (HS6 720918)
- Iron or non-alloy steel: in coils, flat-rolled, width 600mm or more, cold-rolled, thickness 3mm or more, excluding minimum yield point of 355MPa (HS6 720921)
- 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 275MPa (HS6 720922)
- 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 275MPa (HS6 720923)
- 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 275MPa (HS6 720924)
- Iron or non-alloy steel: (not in coils), flat-rolled, width 600mm or more, cold-rolled, of a thickness of 3mm or more (HS6 720925)
- Iron or non-alloy steel: (not in coils), flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mm (HS6 720926)
- 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 1mm (HS6 720927)
- Iron or non-alloy steel: (not in coils), flat-rolled, width 600mm or more, cold-rolled, of a thickness of less than 0.5mm (HS6 720928)
- 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 355MPa (HS6 720931)
- 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 275MPa (HS6 720932)
- 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 275MPa (HS6 720933)
- 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 275MPa (HS6 720934)
- 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 355MPa (HS6 720941)
- 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 275MPa (HS6 720942)
- 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 275MPa (HS6 720943)
- 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 275MPa (HS6 720944)
- Iron or non-alloy steel: flat-rolled, width 600mm or more, cold-rolled, n.e.s. in heading no. 7209 (HS6 720990)

## 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)

This page presents derived Yugalinks views of reported observations and calculated indicators.