# Steel, alloy (HS4 7227) Trade Overview | Yugalinks

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Steel, alloy at HS4 7227, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7227

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## Answer

The steel, alloy subsector recorded $3.9B in reported global trade in 2024, with -8.1% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $3.9B |
| Latest annual change | -8.1% |
| Active exporters | 105 |
| Active importers | 169 |
| Active HS6 products | 3 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $750.1M | 890 | 3 |
| 1996 | $673.3M | 934 | 3 |
| 1997 | $699.5M | 852 | 3 |
| 1998 | $765.6M | 857 | 3 |
| 1999 | $706.4M | 981 | 3 |
| 2000 | $803.4M | 949 | 3 |
| 2001 | $755.6M | 941 | 3 |
| 2002 | $807.2M | 949 | 3 |
| 2003 | $1.0B | 1,025 | 3 |
| 2004 | $1.5B | 1,066 | 3 |
| 2005 | $1.7B | 1,081 | 3 |
| 2006 | $1.9B | 1,128 | 3 |
| 2007 | $2.5B | 1,200 | 3 |
| 2008 | $5.1B | 1,162 | 3 |
| 2009 | $1.8B | 1,134 | 3 |
| 2010 | $3.4B | 1,141 | 3 |
| 2011 | $4.7B | 1,249 | 3 |
| 2012 | $5.4B | 1,282 | 3 |
| 2013 | $6.5B | 1,181 | 3 |
| 2014 | $7.8B | 1,184 | 3 |
| 2015 | $6.4B | 1,274 | 3 |
| 2016 | $5.5B | 1,236 | 3 |
| 2017 | $5.5B | 1,213 | 3 |
| 2018 | $5.7B | 1,273 | 3 |
| 2019 | $4.6B | 1,226 | 3 |
| 2020 | $3.5B | 1,236 | 3 |
| 2021 | $5.7B | 1,270 | 3 |
| 2022 | $4.8B | 1,222 | 3 |
| 2023 | $3.9B | 1,136 | 3 |
| 2024 | $3.9B | 1,153 | 3 |

## Leading corridors

- China to Thailand: $313.1M; growth +21%.
- Japan to USA, Puerto Rico and US Virgin Islands: $257.6M; growth +10%.
- Canada to USA, Puerto Rico and US Virgin Islands: $241.7M; growth +1.8%.
- China to Viet Nam: $156.7M; growth -7%.
- China to Republic of Korea: $139.3M; growth -26.4%.
- Austria to Germany: $124.5M; growth -0.9%.
- Japan to China: $115.2M; growth -7.9%.
- Germany to Italy: $108.5M; growth -13%.
- Japan to Thailand: $84.8M; growth -11.4%.
- China to Indonesia: $83.1M; growth -21.5%.

## HS6 products

- Steel, alloy: bars and rods, hot-rolled, in irregularly wound coils, of high speed steel (HS6 722710)
- Steel, alloy: bars and rods, hot-rolled, in irregularly wound coils, of silico-manganese steel (HS6 722720)
- Steel, alloy: bars and rods, hot-rolled, in irregularly wound coils, n.e.s. in heading no. 7227 (HS6 722790)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.