Latest trade
$4.1BGlobal subsector valueHS4 subsector intelligence
Steel, alloy
HS4 7224 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
-13.4%Latest year on yearExporters
100Active reporting countriesImporters
163Active reporting countriesHS6 products
2Classifications inside HS4The subsector read
$4.1B in trade, with -4.4% annualized growth over three years.
Steel, alloy is recorded across 1,457 active corridors, with 100 exporters and 163 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
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
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | BrazilBRA | USA, Puerto Rico and US Virgin IslandsUSA | $666.8M | +3% | 1 | 7,658 km | No |
| 2 | MexicoMEX | USA, Puerto Rico and US Virgin IslandsUSA | $446.9M | -4.6% | 2 | 3,359 km | Yes |
| 3 | RomaniaROU | USA, Puerto Rico and US Virgin IslandsUSA | $191.0M | +8.8% | 1 | 7,670 km | No |
| 4 | IndiaIND | United KingdomGBR | $126.9M | +353.7% | 1 | 6,720 km | No |
| 5 | GermanyDEU | FranceFRA | $102.2M | +13.2% | 2 | 881 km | Yes |
| 6 | AustriaAUT | ItalyITA | $86.5M | +0.6% | 2 | 765 km | Yes |
| 7 | JapanJPN | ThailandTHA | $82.8M | -7.6% | 2 | 4,604 km | Yes |
| 8 | ArgentinaARG | CanadaCAN | $82.6M | -10% | 1 | 8,930 km | No |
| 9 | CanadaCAN | USA, Puerto Rico and US Virgin IslandsUSA | $77.2M | +3.8% | 2 | 556 km | Yes |
| 10 | Viet NamVNM | TaiwanTWN | $71.0M | +120.7% | 2 | 2,221 km | No |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | BrazilBRA | $727.1M | 21 | 2 |
| 2 | MexicoMEX | $451.1M | 17 | 2 |
| 3 | GermanyDEU | $337.0M | 66 | 2 |
| 4 | ItalyITA | $303.5M | 62 | 2 |
| 5 | ChinaCHN | $215.0M | 85 | 2 |
| 6 | RomaniaROU | $201.2M | 16 | 2 |
| 7 | AustriaAUT | $185.6M | 51 | 2 |
| 8 | RussiaRUS | $157.3M | 20 | 2 |
| 9 | ArgentinaARG | $157.0M | 7 | 2 |
| 10 | JapanJPN | $150.5M | 21 | 2 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $1.5B | 39 | 2 |
| 2 | GermanyDEU | $294.4M | 46 | 2 |
| 3 | ItalyITA | $278.8M | 34 | 2 |
| 4 | United KingdomGBR | $234.9M | 36 | 2 |
| 5 | FranceFRA | $205.9M | 33 | 2 |
| 6 | CanadaCAN | $176.8M | 24 | 2 |
| 7 | ChinaCHN | $159.8M | 28 | 2 |
| 8 | TaiwanTWN | $141.2M | 18 | 2 |
| 9 | BelgiumBEL | $99.2M | 21 | 2 |
| 10 | ThailandTHA | $98.7M | 14 | 2 |
HS6 product coverage
The products inside HS4 7224
Six-digit classifications make the subsector specific. Browse the product workspace ↗
2 classifications shownSteel, alloy
Steel, alloy: ingots and other primary formsHS6 722410
Steel, alloy: semi-finished productsHS6 722490
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
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.