Latest trade
$19.8BGlobal subsector valueHS4 subsector intelligence
Iron or non-alloy steel
HS4 7214 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
-12.4%Latest year on yearExporters
158Active reporting countriesImporters
199Active reporting countriesHS6 products
5Classifications inside HS4The subsector read
$19.8B in trade, with -7.4% annualized growth over three years.
Iron or non-alloy steel is recorded across 3,681 active corridors, with 158 exporters and 199 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
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
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | MalaysiaMYS | China, Hong Kong Special Administrative RegionHKG | $969.0M | +531.6% | 2 | 2,511 km | Yes |
| 2 | MalaysiaMYS | SingaporeSGP | $495.8M | +266.7% | 5 | 316 km | Yes |
| 3 | OmanOMN | United Arab EmiratesARE | $410.7M | +9.3% | 5 | 380 km | Yes |
| 4 | ChinaCHN | China, Hong Kong Special Administrative RegionHKG | $394.3M | +39.9% | 4 | 1,226 km | Yes |
| 5 | TurkeyTUR | Former Arab Republic of YemenYEM | $388.1M | -11.1% | 5 | 3,203 km | No |
| 6 | RussiaRUS | KazakhstanKAZ | $280.6M | -2.9% | 4 | 3,112 km | Yes |
| 7 | GermanyDEU | PolandPOL | $254.6M | +12.4% | 5 | 518 km | Yes |
| 8 | Viet NamVNM | CambodiaKHM | $254.5M | -3.1% | 5 | 211 km | Yes |
| 9 | SpainESP | PortugalPRT | $250.6M | +1.6% | 5 | 504 km | Yes |
| 10 | ItalyITA | GermanyDEU | $237.0M | -15.6% | 5 | 1,184 km | Yes |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | ChinaCHN | $2.2B | 192 | 5 |
| 2 | TurkeyTUR | $2.1B | 159 | 5 |
| 3 | MalaysiaMYS | $1.6B | 40 | 5 |
| 4 | ItalyITA | $1.2B | 109 | 5 |
| 5 | RussiaRUS | $976.3M | 36 | 5 |
| 6 | GermanyDEU | $868.8M | 121 | 5 |
| 7 | OmanOMN | $670.6M | 48 | 5 |
| 8 | Viet NamVNM | $606.4M | 35 | 5 |
| 9 | SpainESP | $595.6M | 100 | 5 |
| 10 | EgyptEGY | $593.4M | 58 | 5 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | China, Hong Kong Special Administrative RegionHKG | $1.6B | 21 | 5 |
| 2 | SingaporeSGP | $969.0M | 38 | 5 |
| 3 | USA, Puerto Rico and US Virgin IslandsUSA | $830.8M | 48 | 5 |
| 4 | GermanyDEU | $830.2M | 55 | 5 |
| 5 | United Arab EmiratesARE | $525.3M | 33 | 5 |
| 6 | PolandPOL | $482.3M | 47 | 5 |
| 7 | CanadaCAN | $468.4M | 49 | 5 |
| 8 | FranceFRA | $407.2M | 65 | 5 |
| 9 | Former Arab Republic of YemenYEM | $402.6M | 9 | 5 |
| 10 | RomaniaROU | $393.4M | 40 | 5 |
HS6 product coverage
The products inside HS4 7214
Six-digit classifications make the subsector specific. Browse the product workspace ↗
8 classifications shownIron or non-alloy steel
Iron or non-alloy steel: bars and rods, forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rollingHS6 721410
Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rollingHS6 721420
Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, including those twisted after rolling, of free-cutting steelHS6 721430
Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing by weight less than 0.25% of carbon, including those twisted after rollingHS6 721440
Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing by weight 0.25% or more but less than 0.6% of carbon, including those twisted after rollingHS6 721450
Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing by weight 0.6% or more of carbon, including those twisted after rollingHS6 721460
Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, of rectangular (other than square) cross-sectionHS6 721491
Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, other than of rectangular cross-sectionHS6 721499
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
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.