HS4 subsector intelligence

Steel, stainless
HS4 7222 trade overview

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

HS4 72221995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$7.1BGlobal subsector value
02

Annual change

-8.9%Latest year on year
03

Exporters

143Active reporting countries
04

Importers

199Active reporting countries
05

HS6 products

5Classifications inside HS4

The subsector read

$7.1B in trade, with +0.6% annualized growth over three years.

Steel, stainless is recorded across 4,207 active corridors, with 143 exporters and 199 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: $1.8B1999: $1.7B2000: $2.2B2001: $2.1B2002: $2.0B2003: $2.4B2004: $3.5B2005: $4.3B2006: $5.4B2007: $8.2B2008: $7.9B2009: $4.1B2010: $5.8B2011: $7.6B2012: $6.7B2013: $6.1B2014: $6.4B2015: $5.3B2016: $4.6B2017: $5.4B2018: $6.4B2019: $6.0B2020: $5.2B2021: $7.0B2022: $8.6B2023: $7.9B2024: $7.1B
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
1ItalyITAUSA, Puerto Rico and US Virgin IslandsUSA$246.5M+14.6%56,907 kmNo
2ItalyITAGermanyDEU$222.3M-12%51,184 kmYes
3SpainESPGermanyDEU$155.3M-9.3%51,872 kmYes
4IndiaINDGermanyDEU$147.5M+10.2%55,786 kmNo
5FranceFRAGermanyDEU$107.6M-3.1%5881 kmYes
6AustriaAUTGermanyDEU$99.7M+18.9%5524 kmYes
7GermanyDEUUSA, Puerto Rico and US Virgin IslandsUSA$97.9M+18.6%56,402 kmNo
8USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$97.4M+17.7%5556 kmYes
9USA, Puerto Rico and US Virgin IslandsUSAChinaCHN$95.4M+11.6%511,883 kmNo
10IndiaINDTurkeyTUR$84.1M-8.2%54,559 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
1ItalyITA$1.1B1205
2IndiaIND$1.0B1415
3GermanyDEU$876.4M1385
4USA, Puerto Rico and US Virgin IslandsUSA$565.5M1325
5ChinaCHN$438.1M1885
6SpainESP$375.8M1245
7FranceFRA$355.4M1245
8TaiwanTWN$330.2M1045
9AustriaAUT$309.6M945
10JapanJPN$292.8M735
Top importers2024 ranking
RankCountryImportsPartnersHS6
1GermanyDEU$983.2M615
2USA, Puerto Rico and US Virgin IslandsUSA$732.5M615
3ItalyITA$423.0M595
4ChinaCHN$358.1M515
5FranceFRA$308.0M515
6United KingdomGBR$297.1M635
7PolandPOL$217.5M475
8CanadaCAN$206.6M505
9NetherlandsNLD$196.5M525
10MexicoMEX$194.7M395

HS6 product coverage

The products inside HS4 7222

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

6 classifications shownSteel, stainless
01
Steel, stainless: bars and rods, hot-rolled, hot-drawn or extrudedHS6 722210
02
Steel, stainless: bars and rods, hot-rolled, hot-drawn or extruded, of circular cross-sectionHS6 722211
03
Steel, stainless: bars and rods, hot-rolled, hot-drawn or extruded, other than of circular cross-sectionHS6 722219
04
Steel, stainless: bars and rods, cold-formed or cold-finishedHS6 722220
05
Steel, stainless: bars and rods, n.e.s. in heading no. 7222HS6 722230
06
Steel, stainless: angles, shapes and sectionsHS6 722240

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.