HS4 subsector intelligence

Iron or non-alloy steel
HS4 7212 trade overview

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

HS4 72121995-2024 coverageDeclining
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$5.4BGlobal subsector value
02

Annual change

-8.1%Latest year on year
03

Exporters

134Active reporting countries
04

Importers

198Active reporting countries
05

HS6 products

6Classifications inside HS4

The subsector read

$5.4B in trade, with -6.7% annualized growth over three years.

Iron or non-alloy steel is recorded across 3,173 active corridors, with 134 exporters and 198 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: $1.7B1996: $1.6B1997: $1.6B1998: $1.7B1999: $2.0B2000: $2.2B2001: $1.9B2002: $1.9B2003: $2.3B2004: $3.0B2005: $3.2B2006: $3.6B2007: $4.5B2008: $4.7B2009: $3.3B2010: $4.1B2011: $4.6B2012: $4.3B2013: $4.2B2014: $4.3B2015: $3.7B2016: $3.7B2017: $4.3B2018: $4.6B2019: $4.3B2020: $4.0B2021: $6.7B2022: $7.7B2023: $5.9B2024: $5.4B
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
1ChinaCHNPhilippinesPHL$456.9M-21.9%61,841 kmYes
2GermanyDEUPolandPOL$147.2M+8.3%6518 kmYes
3ChinaCHNIndonesiaIDN$142.1M+53.2%64,425 kmYes
4USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$133.9M-3.5%63,359 kmYes
5USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$121.1M+1.8%6556 kmYes
6ChinaCHNViet NamVNM$98.9M+70.9%62,732 kmYes
7GermanyDEUFranceFRA$87.3M-11.5%6881 kmYes
8BelgiumBELFranceFRA$85.8M-18.9%6264 kmYes
9NetherlandsNLDGermanyDEU$81.0M-16.3%6579 kmYes
10NetherlandsNLDAustriaAUT$80.9M-9.5%4939 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$1.3B1886
2GermanyDEU$831.0M1216
3USA, Puerto Rico and US Virgin IslandsUSA$324.9M936
4ItalyITA$267.6M1096
5Republic of KoreaKOR$242.5M916
6Viet NamVNM$235.7M646
7NetherlandsNLD$232.5M916
8BelgiumBEL$211.9M906
9JapanJPN$179.9M556
10AustriaAUT$140.6M526
Top importers2024 ranking
RankCountryImportsPartnersHS6
1PhilippinesPHL$470.5M226
2GermanyDEU$345.3M556
3FranceFRA$333.8M546
4USA, Puerto Rico and US Virgin IslandsUSA$286.4M566
5MexicoMEX$255.4M326
6AustriaAUT$255.2M356
7PolandPOL$232.5M426
8IndonesiaIDN$200.0M216
9ChinaCHN$183.5M586
10CanadaCAN$151.4M456

HS6 product coverage

The products inside HS4 7212

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

8 classifications shownIron or non-alloy steel
01
Iron or non-alloy steel: flat-rolled, width less than 600mm, plated or coated with tinHS6 721210
02
Iron or non-alloy steel: flat-rolled, of a width less than 600mm, electrolytically plated or coated with zincHS6 721220
03
Iron or non-alloy steel: flat-rolled, width less than 600mm, less than 3mm thick with minimum yield point 275MPa or 3mm or more thick with minimum yield point 355MPa, electrolytically coated with zincHS6 721221
04
Iron or non-alloy steel: flat-rolled, width less than 600mm, electrolytically plated or coated with zincHS6 721229
05
Iron or non-alloy steel: flat-rolled, width less than 600mm, plated or coated with zinc (not electrolytically)HS6 721230
06
Iron or non-alloy steel: flat-rolled, width less than 600mm, painted, varnished or coated with plasticsHS6 721240
07
Iron or non-alloy steel: flat-rolled, width less than 600mm, plated or coated, (excluding tin, zinc or plastic)HS6 721250
08
Iron or non-alloy steel: flat-rolled, width less than 600mm, cladHS6 721260

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.