HS4 subsector intelligence

Steel, stainless
HS4 7220 trade overview

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

HS4 72201995-2024 coverageDeclining
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$5.0BGlobal subsector value
02

Annual change

-8.5%Latest year on year
03

Exporters

124Active reporting countries
04

Importers

192Active reporting countries
05

HS6 products

4Classifications inside HS4

The subsector read

$5.0B in trade, with -6.9% annualized growth over three years.

Steel, stainless is recorded across 3,343 active corridors, with 124 exporters and 192 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: $2.1B1996: $1.9B1997: $1.9B1998: $1.9B1999: $1.8B2000: $2.2B2001: $1.9B2002: $2.0B2003: $2.5B2004: $3.5B2005: $3.9B2006: $4.6B2007: $6.5B2008: $5.8B2009: $3.5B2010: $4.7B2011: $5.3B2012: $4.6B2013: $4.4B2014: $4.7B2015: $4.1B2016: $4.0B2017: $4.7B2018: $5.2B2019: $4.6B2020: $4.2B2021: $6.2B2022: $7.1B2023: $5.6B2024: $5.0B
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
1ItalyITAGermanyDEU$157.6M-5.3%41,184 kmYes
2USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$140.9M+1.2%43,359 kmYes
3FranceFRAGermanyDEU$120.8M-6.7%4881 kmYes
4USA, Puerto Rico and US Virgin IslandsUSAItalyITA$95.9M+34.9%46,907 kmNo
5JapanJPNChinaCHN$87.3M-14.3%41,763 kmNo
6BelgiumBELGermanyDEU$85.4M-3.9%4653 kmYes
7USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$83.1M-4.6%4556 kmYes
8GermanyDEUPolandPOL$79.8M-1.9%4518 kmYes
9GermanyDEUAustriaAUT$75.6M-13.8%4524 kmYes
10ChinaCHNTurkeyTUR$70.6M-2.5%48,004 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
1GermanyDEU$668.8M1264
2ChinaCHN$557.2M1754
3USA, Puerto Rico and US Virgin IslandsUSA$510.4M1154
4ItalyITA$488.1M1014
5JapanJPN$465.5M654
6FranceFRA$318.2M1094
7SwedenSWE$286.1M814
8Republic of KoreaKOR$243.9M734
9RomaniaROU$207.8M504
10FinlandFIN$183.3M614
Top importers2024 ranking
RankCountryImportsPartnersHS6
1GermanyDEU$649.5M564
2MexicoMEX$365.1M374
3ItalyITA$330.5M494
4USA, Puerto Rico and US Virgin IslandsUSA$279.6M524
5ChinaCHN$239.7M514
6PolandPOL$228.9M444
7IndiaIND$183.3M424
8Viet NamVNM$161.8M314
9FranceFRA$157.1M474
10ThailandTHA$144.2M374

HS6 product coverage

The products inside HS4 7220

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

4 classifications shownSteel, stainless
01
Steel, stainless: flat-rolled, width less than 600mm, hot-rolled, of a thickness of 4.75mm or moreHS6 722011
02
Steel, stainless: flat-rolled, width less than 600mm, hot-rolled, of a thickness of less than 4.75mmHS6 722012
03
Steel, stainless: flat-rolled, width less than 600mm, cold-rolledHS6 722020
04
Steel, stainless: flat-rolled, width less than 600mm, n.e.c. in heading no 7220HS6 722090

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.