Latest trade
$11.7BGlobal subsector valueHS4 subsector intelligence
Steel, alloy
HS4 7228 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
-11.6%Latest year on yearExporters
145Active reporting countriesImporters
198Active reporting countriesHS6 products
8Classifications inside HS4The subsector read
$11.7B in trade, with -6.2% annualized growth over three years.
Steel, alloy is recorded across 3,763 active corridors, with 145 exporters and 198 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 | USA, Puerto Rico and US Virgin IslandsUSA | MexicoMEX | $337.3M | +6.8% | 8 | 3,359 km | Yes |
| 2 | ChinaCHN | Republic of KoreaKOR | $323.6M | -20.3% | 8 | 867 km | Yes |
| 3 | USA, Puerto Rico and US Virgin IslandsUSA | CanadaCAN | $226.0M | +0.8% | 8 | 556 km | Yes |
| 4 | ChinaCHN | IndonesiaIDN | $212.8M | +4.1% | 8 | 4,425 km | Yes |
| 5 | ItalyITA | GermanyDEU | $203.2M | +0.9% | 8 | 1,184 km | Yes |
| 6 | GermanyDEU | FranceFRA | $174.2M | -6.3% | 8 | 881 km | Yes |
| 7 | CanadaCAN | USA, Puerto Rico and US Virgin IslandsUSA | $168.9M | -2% | 8 | 556 km | Yes |
| 8 | ChinaCHN | ChileCHL | $164.5M | +17.7% | 8 | 18,861 km | Yes |
| 9 | CanadaCAN | MexicoMEX | $164.2M | -1.6% | 6 | 3,260 km | Yes |
| 10 | AustriaAUT | GermanyDEU | $160.1M | -3.1% | 8 | 524 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 | $2.6B | 177 | 8 |
| 2 | GermanyDEU | $1.4B | 118 | 8 |
| 3 | JapanJPN | $812.0M | 62 | 8 |
| 4 | ItalyITA | $803.7M | 115 | 8 |
| 5 | USA, Puerto Rico and US Virgin IslandsUSA | $764.3M | 128 | 8 |
| 6 | SwedenSWE | $520.6M | 94 | 8 |
| 7 | SpainESP | $479.9M | 105 | 8 |
| 8 | AustriaAUT | $425.2M | 86 | 8 |
| 9 | Republic of KoreaKOR | $376.7M | 74 | 8 |
| 10 | CanadaCAN | $354.7M | 81 | 8 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | GermanyDEU | $1.2B | 62 | 8 |
| 2 | MexicoMEX | $902.5M | 41 | 8 |
| 3 | USA, Puerto Rico and US Virgin IslandsUSA | $698.0M | 61 | 8 |
| 4 | ItalyITA | $528.0M | 48 | 8 |
| 5 | FranceFRA | $523.8M | 55 | 8 |
| 6 | ChinaCHN | $455.4M | 48 | 8 |
| 7 | Republic of KoreaKOR | $451.4M | 37 | 8 |
| 8 | CanadaCAN | $414.8M | 46 | 8 |
| 9 | IndonesiaIDN | $375.4M | 38 | 8 |
| 10 | IndiaIND | $350.3M | 47 | 8 |
HS6 product coverage
The products inside HS4 7228
Six-digit classifications make the subsector specific. Browse the product workspace ↗
8 classifications shownSteel, alloy
Steel, alloy: bars and rods, of high speed steelHS6 722810
Steel, alloy: bars and rods, of silico-manganese steelHS6 722820
Steel, alloy: bars and rods, hot-rolled, hot-drawn or extrudedHS6 722830
Steel, alloy: bars and rods, forgedHS6 722840
Steel, alloy: bars and rods, cold-formed or cold-finishedHS6 722850
Steel, alloy: bars and rods n.e.s. in heading no. 7228HS6 722860
Steel, alloy: angles, shapes and sectionsHS6 722870
Steel, alloy or non-alloy: hollow drill bars and rodsHS6 722880
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.