# Steel, alloy (HS4 7229) Trade Overview | Yugalinks

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Steel, alloy at HS4 7229, with reported global trade through 2024.

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## Answer

The steel, alloy subsector recorded $2.7B in reported global trade in 2024, with -7% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $2.7B |
| Latest annual change | -7% |
| Active exporters | 124 |
| Active importers | 191 |
| Active HS6 products | 2 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $606.3M | 1,569 | 2 |
| 1996 | $600.4M | 1,626 | 2 |
| 1997 | $585.9M | 1,643 | 2 |
| 1998 | $624.5M | 1,747 | 2 |
| 1999 | $610.2M | 1,836 | 2 |
| 2000 | $639.1M | 2,068 | 2 |
| 2001 | $593.5M | 2,097 | 2 |
| 2002 | $626.4M | 2,138 | 2 |
| 2003 | $777.5M | 2,207 | 2 |
| 2004 | $1.1B | 2,298 | 2 |
| 2005 | $1.3B | 2,425 | 2 |
| 2006 | $1.4B | 2,427 | 2 |
| 2007 | $1.7B | 2,485 | 2 |
| 2008 | $2.3B | 2,538 | 2 |
| 2009 | $1.3B | 2,620 | 2 |
| 2010 | $1.9B | 2,542 | 2 |
| 2011 | $2.5B | 2,629 | 2 |
| 2012 | $2.4B | 2,624 | 2 |
| 2013 | $2.3B | 2,706 | 2 |
| 2014 | $2.4B | 2,763 | 2 |
| 2015 | $2.0B | 2,833 | 2 |
| 2016 | $2.1B | 2,810 | 2 |
| 2017 | $2.3B | 2,796 | 2 |
| 2018 | $2.6B | 2,825 | 2 |
| 2019 | $2.4B | 2,749 | 2 |
| 2020 | $2.2B | 2,719 | 2 |
| 2021 | $3.3B | 2,757 | 2 |
| 2022 | $3.5B | 2,812 | 2 |
| 2023 | $2.9B | 2,770 | 2 |
| 2024 | $2.7B | 2,768 | 2 |

## Leading corridors

- Republic of Korea to Japan: $65.6M; growth -6.7%.
- China to Poland: $61.1M; growth +12.2%.
- China to Russia: $54.8M; growth +13.3%.
- China to Brazil: $52.5M; growth -9.5%.
- Austria to Germany: $51.8M; growth +1.4%.
- Italy to Germany: $50.8M; growth +10.2%.
- China to Malaysia: $50.1M; growth +25.1%.
- Japan to Thailand: $47.5M; growth -2.8%.
- Sweden to Germany: $46.6M; growth -11.3%.
- Mexico to USA, Puerto Rico and US Virgin Islands: $44.8M; growth -4.5%.

## HS6 products

- Steel, alloy: wire, of high speed steel (HS6 722910)
- Steel, alloy: wire, of silico-manganese steel (HS6 722920)
- Steel, alloy: wire, of materials other than silico-manganese steel (HS6 722990)

## 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.