# Steel, stainless (HS4 7218) Trade Overview | Yugalinks

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Steel, stainless at HS4 7218, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7218

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## Answer

The steel, stainless subsector recorded $4.6B in reported global trade in 2024, with -5.9% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $4.6B |
| Latest annual change | -5.9% |
| Active exporters | 110 |
| Active importers | 178 |
| Active HS6 products | 3 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $1.5B | 1,028 | 3 |
| 1996 | $1.3B | 1,092 | 3 |
| 1997 | $1.2B | 1,104 | 3 |
| 1998 | $850.6M | 1,026 | 3 |
| 1999 | $1.6B | 1,124 | 3 |
| 2000 | $1.8B | 1,212 | 3 |
| 2001 | $1.7B | 1,253 | 3 |
| 2002 | $2.1B | 1,305 | 3 |
| 2003 | $2.4B | 1,352 | 3 |
| 2004 | $3.3B | 1,455 | 3 |
| 2005 | $2.9B | 1,508 | 3 |
| 2006 | $2.8B | 1,552 | 3 |
| 2007 | $4.4B | 1,595 | 3 |
| 2008 | $3.5B | 1,699 | 3 |
| 2009 | $1.7B | 1,628 | 3 |
| 2010 | $2.0B | 1,575 | 3 |
| 2011 | $2.7B | 1,826 | 3 |
| 2012 | $2.4B | 1,894 | 3 |
| 2013 | $2.0B | 1,937 | 3 |
| 2014 | $2.0B | 1,966 | 3 |
| 2015 | $1.5B | 1,967 | 3 |
| 2016 | $1.3B | 1,909 | 3 |
| 2017 | $2.3B | 2,028 | 3 |
| 2018 | $2.8B | 2,068 | 3 |
| 2019 | $1.9B | 2,040 | 3 |
| 2020 | $2.7B | 1,922 | 3 |
| 2021 | $5.4B | 1,973 | 3 |
| 2022 | $6.8B | 1,934 | 3 |
| 2023 | $5.2B | 2,001 | 3 |
| 2024 | $4.6B | 2,039 | 3 |

## Leading corridors

- Indonesia to India: $1.0B; growth +633.1%.
- Indonesia to China: $792.4M; growth -33.8%.
- Indonesia to Taiwan: $500.6M; growth +5.4%.
- United Kingdom to Sweden: $249.5M; growth -15.5%.
- United Kingdom to Belgium: $242.2M; growth +1,206.3%.
- Indonesia to Italy: $101.8M; growth -18.8%.
- Sweden to USA, Puerto Rico and US Virgin Islands: $78.9M; growth -5%.
- Sweden to Germany: $75.1M; growth +60.7%.
- United Kingdom to USA, Puerto Rico and US Virgin Islands: $70.5M; growth -1.3%.
- Austria to Italy: $68.9M; growth +51.4%.

## HS6 products

- Steel, stainless: ingots and other primary forms (HS6 721810)
- Steel, stainless: semi-finished products (HS6 721890)
- Steel, stainless: semi-finished products, of rectangular (other than square) cross-section (HS6 721891)
- Steel, stainless: semi-finished products, other than of rectangular cross-section (HS6 721899)

## 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.