Latest trade
$2.7BGlobal subsector valueHS4 subsector intelligence
Steel, alloy
HS4 7229 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
-7%Latest year on yearExporters
124Active reporting countriesImporters
191Active reporting countriesHS6 products
2Classifications inside HS4The subsector read
$2.7B in trade, with -6.5% annualized growth over three years.
Steel, alloy is recorded across 2,768 active corridors, with 124 exporters and 191 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 | Republic of KoreaKOR | JapanJPN | $65.6M | -6.7% | 2 | 1,155 km | No |
| 2 | ChinaCHN | PolandPOL | $61.1M | +12.2% | 2 | 7,985 km | No |
| 3 | ChinaCHN | RussiaRUS | $54.8M | +13.3% | 2 | 6,831 km | No |
| 4 | ChinaCHN | BrazilBRA | $52.5M | -9.5% | 2 | 18,570 km | No |
| 5 | AustriaAUT | GermanyDEU | $51.8M | +1.4% | 2 | 524 km | Yes |
| 6 | ItalyITA | GermanyDEU | $50.8M | +10.2% | 2 | 1,184 km | Yes |
| 7 | ChinaCHN | MalaysiaMYS | $50.1M | +25.1% | 2 | 3,737 km | Yes |
| 8 | JapanJPN | ThailandTHA | $47.5M | -2.8% | 2 | 4,604 km | Yes |
| 9 | SwedenSWE | GermanyDEU | $46.6M | -11.3% | 2 | 811 km | Yes |
| 10 | MexicoMEX | USA, Puerto Rico and US Virgin IslandsUSA | $44.8M | -4.5% | 2 | 3,359 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 | $531.0M | 164 | 2 |
| 2 | JapanJPN | $273.7M | 57 | 2 |
| 3 | Republic of KoreaKOR | $259.1M | 79 | 2 |
| 4 | ItalyITA | $228.1M | 107 | 2 |
| 5 | GermanyDEU | $194.0M | 108 | 2 |
| 6 | CzechiaCZE | $186.2M | 79 | 2 |
| 7 | Viet NamVNM | $117.9M | 76 | 2 |
| 8 | TurkeyTUR | $116.0M | 129 | 2 |
| 9 | AustriaAUT | $102.5M | 58 | 2 |
| 10 | SwedenSWE | $78.8M | 60 | 2 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | GermanyDEU | $277.0M | 51 | 2 |
| 2 | USA, Puerto Rico and US Virgin IslandsUSA | $233.5M | 41 | 2 |
| 3 | PolandPOL | $155.9M | 37 | 2 |
| 4 | MexicoMEX | $128.4M | 31 | 2 |
| 5 | ChinaCHN | $114.3M | 42 | 2 |
| 6 | JapanJPN | $113.6M | 31 | 2 |
| 7 | BrazilBRA | $86.2M | 29 | 2 |
| 8 | FranceFRA | $84.1M | 41 | 2 |
| 9 | IndiaIND | $83.9M | 35 | 2 |
| 10 | RussiaRUS | $80.8M | 15 | 2 |
HS6 product coverage
The products inside HS4 7229
Six-digit classifications make the subsector specific. Browse the product workspace ↗
3 classifications shownSteel, alloy
Steel, alloy: wire, of high speed steelHS6 722910
Steel, alloy: wire, of silico-manganese steelHS6 722920
Steel, alloy: wire, of materials other than silico-manganese steelHS6 722990
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.