HS4 subsector corridor intelligence

Steel, stainless
top trade corridors

HS4 7219 - leading exporter-to-importer routes

Explore reported routes for this HS4 subsector, ranked by latest trade value and paired with growth, market share, access, tariff, and distance context.

HS4 72191995-2024Declining
The route picture at a glanceHS4 7219 - reported trade
01

Latest HS4 trade

$32.7BReported value
02

Corridors shown

25Leading routes by value
03

Leading route value

$1.7BLatest reported value
04

Leading route growth

-8%Calculated 3-year change
05

Latest reported year

20241995-2024 coverage

The HS4 corridor read

Indonesia to China leads the reported HS4 7219 routes.

The leading route recorded $1.7B in 2024, with -8% calculated three-year growth. Across the HS4 subsector, latest reported trade was $32.7B, with -6.3% calculated three-year growth. Read the HS4 overview ↗

Leading route$1.7B5.2% of latest HS4 trade

Top HS4 corridors

Where Steel, stainless trade moves

Observed exporter-to-importer relationships ranked by latest reported trade value. Growth, peak comparisons, and shares are calculated indicators; access fields provide context where available. Review data sources ↗

HS4 7219 exporter-to-importer relationshipsTop 25 by value

Scroll horizontally to compare all route fields.

RankExporterImporterLatest trade3-year CAGR5-year CAGR10-year CAGRMarket shareFTA / accessApplied tariffMFN tariffPreferential tariffTariff advantageDistanceHistorical peakLatest below peakYearsTrend
1IndonesiaIDNChinaCHN$1.7B-8%+25%+121.1%5.2%FTA reported0.3%0.3%0.1%+0.2 pp4,425 km$2.6B202235%28Declining
2IndonesiaIDNTaiwanTWN$1.4B-8.6%+9.4%+173.4%4.1%No FTA reportedNot reportedNot reportedNot reportedNot reported3,800 km$1.8B202123.5%25Declining
3BelgiumBELFranceFRA$1.1B-7.8%+1.9%-0.4%3.3%FTA reported0%0%0%+0 pp264 km$1.9B200743.8%26Declining
4IndonesiaIDNViet NamVNM$1.0B+26.7%+25.5%+69.4%3.2%FTA reported0.2%0.2%0%+0.1 pp1,876 km$1.0B20240%30Rapid growth
5FinlandFINNetherlandsNLD$897.8M-10.7%-0.6%-3.3%2.7%FTA reported0%0%0%+0 pp1,506 km$1.6B200742.9%30Rapid decline
6FinlandFINGermanyDEU$885.8M-9%-2%+0.6%2.7%FTA reported0%0%0%+0 pp1,107 km$1.4B202235.1%30Declining
7BelgiumBELGermanyDEU$725.4M-1.3%+6.8%+1.3%2.2%FTA reported0%0%0%+0 pp653 km$934.9M202222.4%26Stable
8ItalyITAGermanyDEU$643.5M-8.1%+7.3%+6.6%2%FTA reported0%0%0%+0 pp1,184 km$905.1M202228.9%30Declining
9USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$602.7M+6.8%+6.3%-1.2%1.8%FTA reported0.1%0.1%0%+0.1 pp3,359 km$711.0M201515.2%30Growing
10ChinaCHNRussiaRUS$540.0M+1.3%+20.2%+26.4%1.6%No FTA reported0.1%0.1%0.1%+0 pp6,831 km$572.2M20235.6%30Stable
11ChinaCHNIndiaIND$534.7M+0.7%+39.1%+6.9%1.6%No FTA reported0.5%0.5%0.1%+0.5 pp4,252 km$1.3B202258.7%29Stable
12FranceFRAGermanyDEU$471.8M-6.4%+3.3%+2.9%1.4%FTA reported0%0%0%+0 pp881 km$618.0M202223.6%30Declining
13ChinaCHNViet NamVNM$446.7M-0.4%+10.9%+2.8%1.4%FTA reported0.2%0.2%0%+0.1 pp2,732 km$685.8M202234.9%30Stable
14ChinaCHNRepublic of KoreaKOR$446.4M-15.1%-7.7%-9.3%1.4%FTA reported0.1%0.1%0.1%+0 pp867 km$1.2B201462.2%30Rapid decline
15ChinaCHNTurkeyTUR$425.4M-9.7%+21.9%+8%1.3%No FTA reported0.1%0.1%0%+0.1 pp8,004 km$896.2M202252.5%29Declining
16IndonesiaIDNIndiaIND$390.5M+0.5%-1.4%+78.9%1.2%FTA reported0.5%0.5%0.1%+0.4 pp4,999 km$507.8M202223.1%24Stable
17FranceFRAItalyITA$372.6M-6%+3.7%+3.8%1.1%FTA reported0%0%0%+0 pp1,106 km$530.1M200729.7%30Declining
18BelgiumBELItalyITA$356.6M-7.2%+2.8%+1.8%1.1%FTA reported0%0%0%+0 pp1,174 km$741.7M200751.9%26Declining
19ChinaCHNTaiwanTWN$353.0M-19%-8.8%-14.8%1.1%No FTA reportedNot reportedNot reportedNot reportedNot reported688 km$1.8B201479.9%29Rapid decline
20IndonesiaIDNTurkeyTUR$338.3M+9.6%+55.3%+76%1%No FTA reported0.1%0.1%0%+0 pp9,454 km$371.2M20228.9%21Growing
21IndonesiaIDNMalaysiaMYS$296.3M-11.2%-6.6%+44.7%0.9%FTA reported0.1%0.1%0.1%+0 pp1,182 km$492.6M202239.9%30Rapid decline
22FinlandFINItalyITA$293.8M-1.7%+20.2%+5.7%0.9%FTA reported0%0%0%+0 pp2,204 km$498.3M202341%30Stable
23USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$291.6M-5.4%+0%-2.6%0.9%FTA reported0%0.1%0%+0 pp556 km$441.2M202233.9%30Declining
24Republic of KoreaKORTurkeyTUR$272.6M+0.6%-5%-2.8%0.8%FTA reported0.1%0.1%0%+0 pp7,974 km$361.3M201424.6%30Stable
25SwedenSWEGermanyDEU$269.0M-19.9%-9%-0.2%0.8%FTA reported0%0%0%+0 pp811 km$542.8M200750.5%30Rapid decline

Movement to watch

Growth leaders for HS4 7219

The strongest available three-year growth rates are starting points for research, not forecasts. Compare the calculated rate with each route's reported value, share, and trend. Read the methodology ↗

01Growth leader

Indonesia to Viet Nam

+26.7%calculated 3-year CAGR
$1.0B latest value3.2% market shareRapid growth
02Growth leader

Indonesia to Turkey

+9.6%calculated 3-year CAGR
$338.3M latest value1% market shareGrowing
03Growth leader

USA, Puerto Rico and US Virgin Islands to Mexico

+6.8%calculated 3-year CAGR
$602.7M latest value1.8% market shareGrowing
04Growth leader

China to Russia

+1.3%calculated 3-year CAGR
$540.0M latest value1.6% market shareStable
05Growth leader

China to India

+0.7%calculated 3-year CAGR
$534.7M latest value1.6% market shareStable

Access and tariff context

Compare route access without over-reading one indicator

FTA status, applied tariffs, tariff advantage, and distance are supporting route context. Group averages are calculated from displayed routes and are not tariff recommendations. Check data coverage ↗

FTA reported$11.5B

19 displayed routes with average calculated growth of -4.4%.

Average applied tariff
0.1%
Average tariff advantage
+0.1 pp
No FTA reported$3.5B

6 displayed routes with average calculated growth of -4.3%.

Average applied tariff
0.2%
Average tariff advantage
+0.2 pp
Lowest reported applied tariffFTA reported

Belgium to France

0%

Routes with an available applied tariff. Latest route value: $1.1B.

Applied 0%Advantage +0 pp264 km
Largest reported tariff advantageNo FTA reported

China to India

+0.5 pp

Routes with an available tariff advantage. Latest route value: $534.7M.

Applied 0.5%Advantage +0.5 pp4,252 km

HS4 indicators

Scale, momentum, and structure in one view

These cards pair reported trade observations with calculated indicators from the available HS4 history. See indicator definitions ↗

Displayed route value$15.0B

Combined reported value across the 25 routes shown.

HS4 3-year CAGR-6.3%

Calculated annualized change in reported HS4 trade.

Exporter / importer HHI1,415.9 / 661.2

Calculated concentration indicators; higher values mean a more concentrated mix.

Trade volatility0.4

Calculated variation in annual reported HS4 trade.

Trend and peakDeclining

Historical peak: $46.4B in 2022. Latest below peak: 29.5%.

Coverage and breadth1995-2024

30 observed years; 3,773 active corridors, 139 exporters, 198 importers, and 14 HS6 products.

How to read this view

Keep reported scale separate from calculated movement.

Latest trade values describe reported merchandise trade for HS4 7219. Growth, market share, HHI, volatility, and peak comparisons are calculated indicators over the stated coverage period.

FTA status, tariffs, and distance add route context where available. A missing value stays unavailable; it is not treated as zero or a forecast.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). 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.