Latest trade
$28.4BGlobal subsector valueHS4 subsector intelligence
Iron or steel (other than cast iron)
HS4 7304 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
-10.3%Latest year on yearExporters
181Active reporting countriesImporters
200Active reporting countriesHS6 products
13Classifications inside HS4The subsector read
$28.4B in trade, with +9.8% annualized growth over three years.
Iron or steel (other than cast iron) is recorded across 6,873 active corridors, with 181 exporters and 200 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 | United Arab EmiratesARE | $622.5M | +39% | 13 | 6,430 km | No |
| 2 | ChinaCHN | IndiaIND | $507.3M | +4.8% | 13 | 4,252 km | No |
| 3 | JapanJPN | USA, Puerto Rico and US Virgin IslandsUSA | $455.1M | +31.7% | 11 | 10,872 km | No |
| 4 | ChinaCHN | IndonesiaIDN | $429.9M | +26.1% | 13 | 4,425 km | Yes |
| 5 | ChinaCHN | Republic of KoreaKOR | $380.1M | -2.5% | 13 | 867 km | Yes |
| 6 | JapanJPN | ChinaCHN | $377.5M | +5.4% | 12 | 1,763 km | No |
| 7 | ChinaCHN | OmanOMN | $361.8M | +14.7% | 12 | 6,193 km | No |
| 8 | ChinaCHN | ThailandTHA | $351.8M | +16.1% | 13 | 2,887 km | Yes |
| 9 | ChinaCHN | Saudi ArabiaSAU | $337.7M | +48.3% | 13 | 7,253 km | No |
| 10 | ChinaCHN | TurkeyTUR | $336.4M | +27.6% | 13 | 8,004 km | No |
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 | $7.4B | 192 | 13 |
| 2 | JapanJPN | $3.2B | 144 | 13 |
| 3 | GermanyDEU | $1.9B | 158 | 13 |
| 4 | ItalyITA | $1.8B | 160 | 13 |
| 5 | MexicoMEX | $1.2B | 97 | 13 |
| 6 | USA, Puerto Rico and US Virgin IslandsUSA | $881.6M | 159 | 13 |
| 7 | BrazilBRA | $873.1M | 113 | 13 |
| 8 | SpainESP | $867.9M | 142 | 13 |
| 9 | AustriaAUT | $830.1M | 123 | 13 |
| 10 | RussiaRUS | $762.9M | 49 | 13 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $3.1B | 88 | 13 |
| 2 | United Arab EmiratesARE | $1.4B | 80 | 13 |
| 3 | Saudi ArabiaSAU | $1.2B | 61 | 13 |
| 4 | GermanyDEU | $1.1B | 84 | 13 |
| 5 | ChinaCHN | $1.0B | 73 | 13 |
| 6 | ItalyITA | $879.4M | 64 | 13 |
| 7 | CanadaCAN | $851.5M | 71 | 13 |
| 8 | TurkeyTUR | $844.4M | 70 | 13 |
| 9 | IndonesiaIDN | $804.1M | 59 | 13 |
| 10 | IndiaIND | $795.4M | 69 | 13 |
HS6 product coverage
The products inside HS4 7304
Six-digit classifications make the subsector specific. Browse the product workspace ↗
16 classifications shownIron or steel (other than cast iron)
Iron or steel (other than cast iron): seamless, line pipe of a kind used for oil or gas pipelinesHS6 730410
Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steelHS6 730411
Iron or steel (excluding cast iron or stainless steel): seamless, line pipe of a kind used for oil or gas pipelinesHS6 730419
Iron or steel (other than cast iron): seamless casing, tubing and drill pipe, of a kind used in drilling for oil or gasHS6 730420
Iron or steel: drill pipe, of a kind used in drilling for oil or gasHS6 730421
Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gasHS6 730422
Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gasHS6 730423
Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gasHS6 730424
Iron or steel: casing and tubing, of a kind used in drilling for oil or gasHS6 730429
Iron or non-alloy steel (excluding cast iron): seamless, cold-drawn or cold-rolled, tubes, pipes and hollow profiles of circular cross-sectionHS6 730431
Iron or non-alloy steel (excluding cast iron): seamless, (excluding cold-drawn or cold-rolled), tubes, pipes and hollow profiles of circular cross-sectionHS6 730439
Steel, stainless: cold-drawn or cold-rolled (cold-reduced), tubes and pipes of circular cross-sectionHS6 730441
Steel, stainless: (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectionHS6 730449
Steel, alloy (not stainless steel): seamless, cold-drawn or cold-rolled (cold-reduced), tubes, pipes and hollow profiles of circular cross-sectionHS6 730451
Steel, alloy (not stainless steel): (excluding cold-drawn or cold-rolled), tubes, pipes and hollow profiles of circular cross-sectionHS6 730459
Iron or steel (excluding cast iron): seamless, tubes, pipes and hollow profiles, seamless, n.e.c. in heading no. 7304HS6 730490
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.