Latest trade
$4.6BGlobal subsector valueHS4 subsector intelligence
Steel, stainless
HS4 7218 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
-5.9%Latest year on yearExporters
110Active reporting countriesImporters
178Active reporting countriesHS6 products
3Classifications inside HS4The subsector read
$4.6B in trade, with -5.7% annualized growth over three years.
Steel, stainless is recorded across 2,039 active corridors, with 110 exporters and 178 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 | IndonesiaIDN | IndiaIND | $1.0B | +633.1% | 2 | 4,999 km | Yes |
| 2 | IndonesiaIDN | ChinaCHN | $792.4M | -33.8% | 3 | 4,425 km | Yes |
| 3 | IndonesiaIDN | TaiwanTWN | $500.6M | +5.4% | 3 | 3,800 km | No |
| 4 | United KingdomGBR | SwedenSWE | $249.5M | -15.5% | 3 | 1,436 km | Yes |
| 5 | United KingdomGBR | BelgiumBEL | $242.2M | +1,206.3% | 3 | 321 km | Yes |
| 6 | IndonesiaIDN | ItalyITA | $101.8M | -18.8% | 2 | 10,830 km | No |
| 7 | SwedenSWE | USA, Puerto Rico and US Virgin IslandsUSA | $78.9M | -5% | 3 | 6,336 km | No |
| 8 | SwedenSWE | GermanyDEU | $75.1M | +60.7% | 3 | 811 km | Yes |
| 9 | United KingdomGBR | USA, Puerto Rico and US Virgin IslandsUSA | $70.5M | -1.3% | 3 | 5,585 km | No |
| 10 | AustriaAUT | ItalyITA | $68.9M | +51.4% | 2 | 765 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 | IndonesiaIDN | $2.4B | 22 | 3 |
| 2 | United KingdomGBR | $685.5M | 82 | 3 |
| 3 | SwedenSWE | $285.7M | 51 | 3 |
| 4 | ItalyITA | $217.9M | 75 | 3 |
| 5 | GermanyDEU | $131.4M | 69 | 3 |
| 6 | AustriaAUT | $127.0M | 41 | 3 |
| 7 | FranceFRA | $123.9M | 75 | 3 |
| 8 | SpainESP | $88.7M | 57 | 3 |
| 9 | USA, Puerto Rico and US Virgin IslandsUSA | $83.6M | 99 | 3 |
| 10 | BelgiumBEL | $67.0M | 56 | 3 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | IndiaIND | $1.1B | 34 | 3 |
| 2 | ChinaCHN | $842.8M | 43 | 3 |
| 3 | TaiwanTWN | $532.1M | 25 | 3 |
| 4 | BelgiumBEL | $314.7M | 27 | 3 |
| 5 | SwedenSWE | $309.6M | 32 | 3 |
| 6 | ItalyITA | $280.9M | 39 | 3 |
| 7 | USA, Puerto Rico and US Virgin IslandsUSA | $262.4M | 47 | 3 |
| 8 | FranceFRA | $196.3M | 38 | 3 |
| 9 | GermanyDEU | $181.7M | 47 | 3 |
| 10 | SpainESP | $86.9M | 30 | 3 |
HS6 product coverage
The products inside HS4 7218
Six-digit classifications make the subsector specific. Browse the product workspace ↗
4 classifications shownSteel, stainless
Steel, stainless: ingots and other primary formsHS6 721810
Steel, stainless: semi-finished productsHS6 721890
Steel, stainless: semi-finished products, of rectangular (other than square) cross-sectionHS6 721891
Steel, stainless: semi-finished products, other than of rectangular cross-sectionHS6 721899
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.