{ "pageType": "HS4 subsector trade overview", "source": "api", "title": "Steel, alloy (HS4 7224) Trade Overview | Yugalinks", "description": "Review reported global trade for steel, alloy at HS4 7224, including scale, trend, corridors, countries, and the HS6 products within this subsector.", "canonical": "https://www.yugalinks.com/trade/sector/hs4/7224", "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks", "sameAs": [ "https://in.linkedin.com/company/yugalinks" ] }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-27", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-27" } ] }, "links": { "html": "https://www.yugalinks.com/trade/sector/hs4/7224/index.html", "markdown": "https://www.yugalinks.com/trade/sector/hs4/7224/index.md", "json": "https://www.yugalinks.com/trade/sector/hs4/7224/index.json", "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/7224/index.ld.json", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "internalLinks": { "workspace": "https://www.yugalinks.com/app", "platform": "https://www.yugalinks.com/platform", "methodology": "https://www.yugalinks.com/methodology", "dataSources": "https://www.yugalinks.com/data-sources", "dataCoverage": "https://www.yugalinks.com/data-coverage", "responsibleAi": "https://www.yugalinks.com/responsible-ai" }, "subsector": { "hs4": "7224", "name": "Steel, alloy" }, "coverage": { "firstDataYear": 1995, "latestDataYear": 2024, "yearsWithData": 30, "refreshedAt": "2026-07-20 09:34:09" }, "answer": "The steel, alloy subsector recorded $4.1B in reported global trade in 2024, with -13.4% annual change.", "keyFigures": { "latestTradeUsd": 4142818415.83941, "latestAnnualChangePct": -13.432956011678353, "activeExporters": 100, "activeImporters": 163, "activeHs6Products": 2 }, "growthAndStructure": { "trendLabel": "Declining", "tradeCagr3yPct": -4.3527323237311455, "tradeCagr5yPct": 2.230764079962655, "historicalPeakUsd": 5349208336.750706, "historicalPeakYear": 2008, "positiveGrowthYearSharePct": 55.172413793103445, "exporterConcentrationHhi": 1035.1733024893776, "importerConcentrationHhi": 1449.278820915228, "tradeVolatilityCv": 0.5371719069687934 }, "annualRows": [ { "year": 1995, "hs4": 7224, 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"trade_balance_usd": 24734357.138804138, "export_partner_count": 62, "import_partner_count": 34, "active_hs6_count": 2, "country_name": "Italy" }, { "year": 2024, "country_iso3": "GBR", "hs4": 7224, "exports_usd": 45719143.61771255, "imports_usd": 234887784.3968212, "trade_balance_usd": -189168640.77910864, "export_partner_count": 50, "import_partner_count": 36, "active_hs6_count": 2, "country_name": "United Kingdom" }, { "year": 2024, "country_iso3": "FRA", "hs4": 7224, "exports_usd": 114214198.81044134, "imports_usd": 205947748.05556712, "trade_balance_usd": -91733549.24512577, "export_partner_count": 37, "import_partner_count": 33, "active_hs6_count": 2, "country_name": "France" }, { "year": 2024, "country_iso3": "CAN", "hs4": 7224, "exports_usd": 96385117.47805111, "imports_usd": 176839310.90886882, "trade_balance_usd": -80454193.43081771, "export_partner_count": 25, "import_partner_count": 24, "active_hs6_count": 2, "country_name": "Canada" }, { "year": 2024, "country_iso3": "CHN", "hs4": 7224, "exports_usd": 214980188.66561922, "imports_usd": 159839225.32486466, "trade_balance_usd": 55140963.34075457, "export_partner_count": 85, "import_partner_count": 28, "active_hs6_count": 2, "country_name": "China" }, { "year": 2024, "country_iso3": "TWN", "hs4": 7224, "exports_usd": 1032444.0613318133, "imports_usd": 141238669.0594243, "trade_balance_usd": -140206224.9980925, "export_partner_count": 23, "import_partner_count": 18, "active_hs6_count": 2, "country_name": "Taiwan" }, { "year": 2024, "country_iso3": "BEL", "hs4": 7224, "exports_usd": 45890480.25450222, "imports_usd": 99198751.60123318, "trade_balance_usd": -53308271.34673096, "export_partner_count": 28, "import_partner_count": 21, "active_hs6_count": 2, "country_name": "Belgium" }, { "year": 2024, "country_iso3": "THA", "hs4": 7224, "exports_usd": 1896375.966301295, "imports_usd": 98694981.07653016, "trade_balance_usd": -96798605.11022887, "export_partner_count": 14, "import_partner_count": 14, "active_hs6_count": 2, "country_name": "Thailand" } ], "products": [ { "hs_code": "722410", "product_name": "Steel, alloy: ingots and other primary forms" }, { "hs_code": "722490", "product_name": "Steel, alloy: semi-finished products" } ], "methodology": { "reportedValues": "Merchandise trade observations aggregated to HS4.", "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.", "missingData": "Missing values remain unavailable and are not imputed." } }