HS4 subsector intelligence

Iron or non-alloy steel
HS4 7216 trade overview

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

HS4 72161995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$16.6BGlobal subsector value
02

Annual change

-9.5%Latest year on year
03

Exporters

166Active reporting countries
04

Importers

200Active reporting countries
05

HS6 products

12Classifications inside HS4

The subsector read

$16.6B in trade, with -2.4% annualized growth over three years.

Iron or non-alloy steel is recorded across 4,639 active corridors, with 166 exporters and 200 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: $5.4B1996: $5.1B1997: $5.0B1998: $5.4B1999: $5.0B2000: $5.7B2001: $5.2B2002: $5.2B2003: $6.7B2004: $10.5B2005: $10.8B2006: $14.0B2007: $20.3B2008: $25.1B2009: $11.4B2010: $14.2B2011: $17.8B2012: $17.0B2013: $15.7B2014: $15.5B2015: $12.8B2016: $11.4B2017: $12.4B2018: $14.9B2019: $13.4B2020: $11.5B2021: $17.9B2022: $21.2B2023: $17.9B2024: $16.6B
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
1SpainESPFranceFRA$343.0M-7.4%121,053 kmYes
2USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$322.7M-6.6%12556 kmYes
3MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$307.4M-9.3%123,359 kmYes
4SpainESPUnited KingdomGBR$288.5M-3.4%111,263 kmYes
5ChinaCHNPhilippinesPHL$278.9M+5.3%121,841 kmYes
6GermanyDEUNetherlandsNLD$274.4M-6%12579 kmYes
7ChinaCHNMalaysiaMYS$255.1M+52.5%123,737 kmYes
8CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$252.2M+7%11556 kmYes
9JapanJPNRepublic of KoreaKOR$242.7M+0.4%111,155 kmNo
10LuxembourgLUXGermanyDEU$235.1M-14.8%11604 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$2.8B19612
2SpainESP$1.7B13112
3GermanyDEU$1.7B14312
4TurkeyTUR$1.3B16512
5LuxembourgLUX$1.1B8412
6PolandPOL$840.2M10912
7Republic of KoreaKOR$679.0M10312
8ItalyITA$632.0M13312
9USA, Puerto Rico and US Virgin IslandsUSA$500.5M12612
10RussiaRUS$456.7M3012
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$1.1B6412
2GermanyDEU$986.6M6012
3FranceFRA$842.1M6412
4CanadaCAN$744.1M4812
5United KingdomGBR$603.5M5212
6NetherlandsNLD$601.6M6012
7Republic of KoreaKOR$503.1M4012
8MexicoMEX$450.3M4512
9ItalyITA$436.2M5112
10MalaysiaMYS$417.9M3512

HS6 product coverage

The products inside HS4 7216

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

14 classifications shownIron or non-alloy steel
01
Iron or non-alloy steel: U, I or H sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mmHS6 721610
02
Iron or non-alloy steel: L sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mmHS6 721621
03
Iron or non-alloy steel: T sections, hot-rolled, hot-drawn or extruded, of a height less than 80mmHS6 721622
04
Iron or non-alloy steel: U sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or moreHS6 721631
05
Iron or non-alloy steel: I sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or moreHS6 721632
06
Iron or non-alloy steel: H sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or moreHS6 721633
07
Iron or non-alloy steel: L or T sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or moreHS6 721640
08
Iron or non-alloy steel: angles, shapes and sections, n.e.c. in heading no. 7216, hot-rolled, hot-drawn or extrudedHS6 721650
09
Iron or non-alloy steel: angles, shapes and sections, n.e.s. in heading no.7216, cold-formed or cold-finishedHS6 721660
10
Iron or non-alloy steel: angles, shapes and sections, cold-formed or cold-finished, obtained from flat-rolled productsHS6 721661
11
Iron or non-alloy steel: angles, shapes and sections, cold-formed or cold-finished, (not obtained from flat-rolled products)HS6 721669
12
Iron or non-alloy steel: angles, shapes and sections n.e.s. in heading no. 7216HS6 721690
13
Iron or non-alloy steel: angles, shapes and sections, n.e.s. in heading no. 7216, cold-formed or cold-finished, from flat-rolled productsHS6 721691
14
Iron or non-alloy steel: angles, shapes and sections, n.e.s. in heading no. 7216HS6 721699

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.