{
  "pageType": "HS4 subsector trade overview",
  "source": "api",
  "title": "Iron or non-alloy steel (HS4 7214) Trade Overview | Yugalinks",
  "description": "Review reported global trade for iron or non-alloy steel at HS4 7214, 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": {
    "html": "https://www.yugalinks.com/trade/sector/hs4/7214/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs4/7214/index.md",
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  "subsector": {
    "hs4": "7214",
    "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 $19.8B in reported global trade in 2024, with -12.4% annual change.",
  "keyFigures": {
    "latestTradeUsd": 19790533357.327606,
    "latestAnnualChangePct": -12.409225084740893,
    "activeExporters": 158,
    "activeImporters": 199,
    "activeHs6Products": 5
  },
  "growthAndStructure": {
    "trendLabel": "Declining",
    "tradeCagr3yPct": -7.423843908425443,
    "tradeCagr5yPct": 3.350326326342734,
    "historicalPeakUsd": 33367907480.443604,
    "historicalPeakYear": 2008,
    "positiveGrowthYearSharePct": 48.275862068965516,
    "exporterConcentrationHhi": 1656.2970423580878,
    "importerConcentrationHhi": 987.0021462171926,
    "tradeVolatilityCv": 0.5141966806133934
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  "annualRows": [
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      "year": 1995,
      "hs4": 7214,
      "global_trade_usd": 5683451097.203475,
      "corridor_count": 2412,
      "active_hs6_count": 5
    },
    {
      "year": 1996,
      "hs4": 7214,
      "global_trade_usd": 4990263149.655575,
      "corridor_count": 2429,
      "active_hs6_count": 5
    },
    {
      "year": 1997,
      "hs4": 7214,
      "global_trade_usd": 4860399339.818806,
      "corridor_count": 2453,
      "active_hs6_count": 5
    },
    {
      "year": 1998,
      "hs4": 7214,
      "global_trade_usd": 4862457514.809511,
      "corridor_count": 2492,
      "active_hs6_count": 5
    },
    {
      "year": 1999,
      "hs4": 7214,
      "global_trade_usd": 4772043995.924817,
      "corridor_count": 2695,
      "active_hs6_count": 5
    },
    {
      "year": 2000,
      "hs4": 7214,
      "global_trade_usd": 4615255404.438215,
      "corridor_count": 3015,
      "active_hs6_count": 5
    },
    {
      "year": 2001,
      "hs4": 7214,
      "global_trade_usd": 5130902262.817222,
      "corridor_count": 3007,
      "active_hs6_count": 5
    },
    {
      "year": 2002,
      "hs4": 7214,
      "global_trade_usd": 5348674689.942505,
      "corridor_count": 3136,
      "active_hs6_count": 5
    },
    {
      "year": 2003,
      "hs4": 7214,
      "global_trade_usd": 7458339474.021065,
      "corridor_count": 3184,
      "active_hs6_count": 5
    },
    {
      "year": 2004,
      "hs4": 7214,
      "global_trade_usd": 11662907282.563015,
      "corridor_count": 3273,
      "active_hs6_count": 5
    },
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      "year": 2005,
      "hs4": 7214,
      "global_trade_usd": 12421436322.646667,
      "corridor_count": 3400,
      "active_hs6_count": 5
    },
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      "year": 2006,
      "hs4": 7214,
      "global_trade_usd": 16446769572.455708,
      "corridor_count": 3427,
      "active_hs6_count": 5
    },
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      "year": 2007,
      "hs4": 7214,
      "global_trade_usd": 23074135602.886765,
      "corridor_count": 3579,
      "active_hs6_count": 5
    },
    {
      "year": 2008,
      "hs4": 7214,
      "global_trade_usd": 33367907480.443604,
      "corridor_count": 3734,
      "active_hs6_count": 5
    },
    {
      "year": 2009,
      "hs4": 7214,
      "global_trade_usd": 15138042827.777977,
      "corridor_count": 3656,
      "active_hs6_count": 5
    },
    {
      "year": 2010,
      "hs4": 7214,
      "global_trade_usd": 17205083110.975723,
      "corridor_count": 3575,
      "active_hs6_count": 5
    },
    {
      "year": 2011,
      "hs4": 7214,
      "global_trade_usd": 23367200634.56452,
      "corridor_count": 3565,
      "active_hs6_count": 5
    },
    {
      "year": 2012,
      "hs4": 7214,
      "global_trade_usd": 23784823442.15425,
      "corridor_count": 3712,
      "active_hs6_count": 5
    },
    {
      "year": 2013,
      "hs4": 7214,
      "global_trade_usd": 22204701501.761276,
      "corridor_count": 3729,
      "active_hs6_count": 5
    },
    {
      "year": 2014,
      "hs4": 7214,
      "global_trade_usd": 21039967985.212086,
      "corridor_count": 3744,
      "active_hs6_count": 5
    },
    {
      "year": 2015,
      "hs4": 7214,
      "global_trade_usd": 16189172330.993816,
      "corridor_count": 3710,
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    },
    {
      "year": 2016,
      "hs4": 7214,
      "global_trade_usd": 14343295672.875292,
      "corridor_count": 3784,
      "active_hs6_count": 5
    },
    {
      "year": 2017,
      "hs4": 7214,
      "global_trade_usd": 15288675807.893547,
      "corridor_count": 3736,
      "active_hs6_count": 5
    },
    {
      "year": 2018,
      "hs4": 7214,
      "global_trade_usd": 18993260258.868626,
      "corridor_count": 3925,
      "active_hs6_count": 5
    },
    {
      "year": 2019,
      "hs4": 7214,
      "global_trade_usd": 16784106920.063404,
      "corridor_count": 3815,
      "active_hs6_count": 5
    },
    {
      "year": 2020,
      "hs4": 7214,
      "global_trade_usd": 14681278703.495392,
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      "year": 2021,
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      "year": 2022,
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      "exporter_name": "Malaysia",
      "importer_name": "China, Hong Kong Special Administrative Region"
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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."
  }
}