Latest trade
$3.9BGlobal subsector valueHS4 subsector intelligence
Steel, alloy
HS4 7227 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
-8.1%Latest year on yearExporters
105Active reporting countriesImporters
169Active reporting countriesHS6 products
3Classifications inside HS4The subsector read
$3.9B in trade, with -12.2% annualized growth over three years.
Steel, alloy is recorded across 1,153 active corridors, with 105 exporters and 169 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 | ChinaCHN | ThailandTHA | $313.1M | +21% | 2 | 2,887 km | Yes |
| 2 | JapanJPN | USA, Puerto Rico and US Virgin IslandsUSA | $257.6M | +10% | 2 | 10,872 km | No |
| 3 | CanadaCAN | USA, Puerto Rico and US Virgin IslandsUSA | $241.7M | +1.8% | 2 | 556 km | Yes |
| 4 | ChinaCHN | Viet NamVNM | $156.7M | -7% | 3 | 2,732 km | Yes |
| 5 | ChinaCHN | Republic of KoreaKOR | $139.3M | -26.4% | 3 | 867 km | Yes |
| 6 | AustriaAUT | GermanyDEU | $124.5M | -0.9% | 3 | 524 km | Yes |
| 7 | JapanJPN | ChinaCHN | $115.2M | -7.9% | 3 | 1,763 km | No |
| 8 | GermanyDEU | ItalyITA | $108.5M | -13% | 2 | 1,184 km | Yes |
| 9 | JapanJPN | ThailandTHA | $84.8M | -11.4% | 2 | 4,604 km | Yes |
| 10 | ChinaCHN | IndonesiaIDN | $83.1M | -21.5% | 3 | 4,425 km | Yes |
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 | ChinaCHN | $927.8M | 106 | 3 |
| 2 | JapanJPN | $644.2M | 28 | 3 |
| 3 | GermanyDEU | $438.4M | 51 | 3 |
| 4 | ItalyITA | $243.5M | 51 | 3 |
| 5 | CanadaCAN | $242.3M | 11 | 3 |
| 6 | Republic of KoreaKOR | $228.4M | 22 | 3 |
| 7 | AustriaAUT | $221.1M | 33 | 3 |
| 8 | SpainESP | $130.7M | 33 | 3 |
| 9 | CzechiaCZE | $112.1M | 23 | 3 |
| 10 | FranceFRA | $68.0M | 38 | 3 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $574.1M | 28 | 3 |
| 2 | ThailandTHA | $424.9M | 12 | 3 |
| 3 | GermanyDEU | $352.2M | 30 | 3 |
| 4 | ItalyITA | $250.0M | 32 | 3 |
| 5 | ChinaCHN | $197.6M | 22 | 3 |
| 6 | Republic of KoreaKOR | $189.6M | 21 | 3 |
| 7 | Viet NamVNM | $179.3M | 14 | 3 |
| 8 | TaiwanTWN | $142.6M | 19 | 3 |
| 9 | IndonesiaIDN | $138.5M | 14 | 3 |
| 10 | FranceFRA | $120.2M | 21 | 3 |
HS6 product coverage
The products inside HS4 7227
Six-digit classifications make the subsector specific. Browse the product workspace ↗
3 classifications shownSteel, alloy
Steel, alloy: bars and rods, hot-rolled, in irregularly wound coils, of high speed steelHS6 722710
Steel, alloy: bars and rods, hot-rolled, in irregularly wound coils, of silico-manganese steelHS6 722720
Steel, alloy: bars and rods, hot-rolled, in irregularly wound coils, n.e.s. in heading no. 7227HS6 722790
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.