# Iron or non-alloy steel (HS4 7216) Trade Overview | Yugalinks

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Iron or non-alloy steel at HS4 7216, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7216

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## Answer

The iron or non-alloy steel subsector recorded $16.6B in reported global trade in 2024, with -9.5% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $16.6B |
| Latest annual change | -9.5% |
| Active exporters | 166 |
| Active importers | 200 |
| Active HS6 products | 12 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $5.4B | 2,790 | 12 |
| 1996 | $5.1B | 2,838 | 12 |
| 1997 | $5.0B | 2,888 | 12 |
| 1998 | $5.4B | 2,916 | 12 |
| 1999 | $5.0B | 3,334 | 12 |
| 2000 | $5.7B | 3,666 | 12 |
| 2001 | $5.2B | 3,656 | 12 |
| 2002 | $5.2B | 3,660 | 12 |
| 2003 | $6.7B | 3,735 | 12 |
| 2004 | $10.5B | 3,944 | 12 |
| 2005 | $10.8B | 4,077 | 12 |
| 2006 | $14.0B | 4,162 | 12 |
| 2007 | $20.3B | 4,243 | 12 |
| 2008 | $25.1B | 4,367 | 12 |
| 2009 | $11.4B | 4,395 | 12 |
| 2010 | $14.2B | 4,301 | 12 |
| 2011 | $17.8B | 4,384 | 12 |
| 2012 | $17.0B | 4,526 | 12 |
| 2013 | $15.7B | 4,510 | 12 |
| 2014 | $15.5B | 4,659 | 12 |
| 2015 | $12.8B | 4,667 | 12 |
| 2016 | $11.4B | 4,676 | 12 |
| 2017 | $12.4B | 4,672 | 12 |
| 2018 | $14.9B | 4,793 | 12 |
| 2019 | $13.4B | 4,722 | 12 |
| 2020 | $11.5B | 4,450 | 12 |
| 2021 | $17.9B | 4,515 | 12 |
| 2022 | $21.2B | 4,557 | 12 |
| 2023 | $17.9B | 4,675 | 12 |
| 2024 | $16.6B | 4,639 | 12 |

## Leading corridors

- Spain to France: $343.0M; growth -7.4%.
- USA, Puerto Rico and US Virgin Islands to Canada: $322.7M; growth -6.6%.
- Mexico to USA, Puerto Rico and US Virgin Islands: $307.4M; growth -9.3%.
- Spain to United Kingdom: $288.5M; growth -3.4%.
- China to Philippines: $278.9M; growth +5.3%.
- Germany to Netherlands: $274.4M; growth -6%.
- China to Malaysia: $255.1M; growth +52.5%.
- Canada to USA, Puerto Rico and US Virgin Islands: $252.2M; growth +7%.
- Japan to Republic of Korea: $242.7M; growth +0.4%.
- Luxembourg to Germany: $235.1M; growth -14.8%.

## HS6 products

- Iron or non-alloy steel: U, I or H sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm (HS6 721610)
- Iron or non-alloy steel: L sections, hot-rolled, hot-drawn or extruded, of a height of less than 80mm (HS6 721621)
- Iron or non-alloy steel: T sections, hot-rolled, hot-drawn or extruded, of a height less than 80mm (HS6 721622)
- Iron or non-alloy steel: U sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more (HS6 721631)
- Iron or non-alloy steel: I sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more (HS6 721632)
- Iron or non-alloy steel: H sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more (HS6 721633)
- Iron or non-alloy steel: L or T sections, hot-rolled, hot-drawn or extruded, of a height of 80mm or more (HS6 721640)
- Iron or non-alloy steel: angles, shapes and sections, n.e.c. in heading no. 7216, hot-rolled, hot-drawn or extruded (HS6 721650)
- Iron or non-alloy steel: angles, shapes and sections, n.e.s. in heading no.7216, cold-formed or cold-finished (HS6 721660)
- Iron or non-alloy steel: angles, shapes and sections, cold-formed or cold-finished, obtained from flat-rolled products (HS6 721661)
- Iron or non-alloy steel: angles, shapes and sections, cold-formed or cold-finished, (not obtained from flat-rolled products) (HS6 721669)
- Iron or non-alloy steel: angles, shapes and sections n.e.s. in heading no. 7216 (HS6 721690)
- Iron or non-alloy steel: angles, shapes and sections, n.e.s. in heading no. 7216, cold-formed or cold-finished, from flat-rolled products (HS6 721691)
- Iron or non-alloy steel: angles, shapes and sections, n.e.s. in heading no. 7216 (HS6 721699)

## 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.