HS4 subsector intelligence

Steel, stainless
HS4 7219 trade overview

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

HS4 72191995-2024 coverageDeclining
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$32.7BGlobal subsector value
02

Annual change

-5%Latest year on year
03

Exporters

139Active reporting countries
04

Importers

198Active reporting countries
05

HS6 products

14Classifications inside HS4

The subsector read

$32.7B in trade, with -6.3% annualized growth over three years.

Steel, stainless is recorded across 3,773 active corridors, with 139 exporters and 198 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: $9.9B1996: $8.7B1997: $8.4B1998: $7.8B1999: $9.0B2000: $11.7B2001: $9.9B2002: $11.6B2003: $15.4B2004: $22.4B2005: $23.8B2006: $32.1B2007: $40.7B2008: $35.0B2009: $18.9B2010: $28.0B2011: $34.1B2012: $29.0B2013: $27.9B2014: $31.1B2015: $26.1B2016: $23.8B2017: $29.0B2018: $32.4B2019: $29.1B2020: $25.0B2021: $39.7B2022: $46.4B2023: $34.5B2024: $32.7B
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
1IndonesiaIDNChinaCHN$1.7B-8%94,425 kmYes
2IndonesiaIDNTaiwanTWN$1.4B-8.6%73,800 kmNo
3BelgiumBELFranceFRA$1.1B-7.8%14264 kmYes
4IndonesiaIDNViet NamVNM$1.0B+26.7%111,876 kmYes
5FinlandFINNetherlandsNLD$897.8M-10.7%131,506 kmYes
6FinlandFINGermanyDEU$885.8M-9%141,107 kmYes
7BelgiumBELGermanyDEU$725.4M-1.3%14653 kmYes
8ItalyITAGermanyDEU$643.5M-8.1%141,184 kmYes
9USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$602.7M+6.8%143,359 kmYes
10ChinaCHNRussiaRUS$540.0M+1.3%146,831 kmNo

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
1IndonesiaIDN$5.7B7614
2ChinaCHN$5.3B18414
3BelgiumBEL$3.2B10814
4FinlandFIN$2.9B9414
5ItalyITA$2.1B11214
6Republic of KoreaKOR$1.8B8914
7TaiwanTWN$1.6B11714
8FranceFRA$1.4B11014
9SwedenSWE$1.1B9414
10USA, Puerto Rico and US Virgin IslandsUSA$1.1B12014
Top importers2024 ranking
RankCountryImportsPartnersHS6
1GermanyDEU$3.7B6014
2ItalyITA$2.8B5614
3ChinaCHN$2.0B5314
4TaiwanTWN$1.9B3214
5Viet NamVNM$1.9B3514
6IndiaIND$1.5B4714
7FranceFRA$1.5B5314
8Republic of KoreaKOR$1.4B3614
9NetherlandsNLD$1.4B5214
10TurkeyTUR$1.3B4714

HS6 product coverage

The products inside HS4 7219

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

14 classifications shownSteel, stainless
01
Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, in coils, of a thickness exceeding 10mmHS6 721911
02
Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, in coils, of a thickness of 4.75mm or more but not exceeding 10mmHS6 721912
03
Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, in coils, of a thickness of 3mm or more but less than 4.75mmHS6 721913
04
Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, in coils, of a thickness of less than 3mmHS6 721914
05
Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness exceeding 10mmHS6 721921
06
Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness of 4.75mm or more but not exceeding 10mmHS6 721922
07
Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness of 3mm or more but less than 4.75mmHS6 721923
08
Steel, stainless: flat-rolled, width 600mm or more, hot-rolled, (not in coils), of a thickness of less than 3mmHS6 721924
09
Steel, stainless: flat-rolled, width 600mm or more, cold-rolled or cold-reduced, of a thickness of 4.75mm or moreHS6 721931
10
Steel, stainless: flat-rolled, width 600mm or more, cold-rolled, of a thickness of 3mm or more but less than 4.75mmHS6 721932
11
Steel, stainless: flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mmHS6 721933
12
Steel, stainless: flat-rolled, width 600mm or more, cold-rolled, of a thickness of 0.5mm or more but not exceeding 1mmHS6 721934
13
Steel, stainless: flat-rolled, width 600mm or more, cold-rolled, of a thickness of less than 0.5mmHS6 721935
14
Steel, stainless: flat-rolled, width 600mm or more, n.e.s. in heading no. 7219HS6 721990

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.