Latest trade
$8.9BGlobal subsector valueHS4 subsector intelligence
Iron or steel (excluding cast iron)
HS4 7305 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
+2.2%Latest year on yearExporters
132Active reporting countriesImporters
194Active reporting countriesHS6 products
7Classifications inside HS4The subsector read
$8.9B in trade, with +26.2% annualized growth over three years.
Iron or steel (excluding cast iron) is recorded across 2,598 active corridors, with 132 exporters and 194 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 | IndonesiaIDN | AustraliaAUS | $626.1M | +320.7% | 3 | 5,202 km | Yes |
| 2 | GermanyDEU | USA, Puerto Rico and US Virgin IslandsUSA | $431.4M | +176% | 6 | 6,402 km | No |
| 3 | MexicoMEX | Saudi ArabiaSAU | $267.3M | +3,784.7% | 2 | 13,890 km | No |
| 4 | IndiaIND | Saudi ArabiaSAU | $255.6M | +184.6% | 7 | 3,060 km | No |
| 5 | GreeceGRC | IsraelISR | $220.6M | +265.8% | 1 | 1,198 km | Yes |
| 6 | RussiaRUS | KazakhstanKAZ | $195.0M | +30.9% | 7 | 3,112 km | Yes |
| 7 | ChinaCHN | United Rep. of TanzaniaTZA | $186.2M | +291.1% | 7 | 9,666 km | No |
| 8 | IndiaIND | United Arab EmiratesARE | $181.6M | +91.5% | 7 | 2,204 km | No |
| 9 | Republic of KoreaKOR | USA, Puerto Rico and US Virgin IslandsUSA | $174.5M | +29.7% | 5 | 11,077 km | Yes |
| 10 | GermanyDEU | United KingdomGBR | $171.3M | +58.3% | 7 | 935 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 | GermanyDEU | $1.4B | 93 | 7 |
| 2 | ChinaCHN | $1.3B | 165 | 7 |
| 3 | IndiaIND | $886.7M | 93 | 7 |
| 4 | IndonesiaIDN | $742.4M | 33 | 7 |
| 5 | Republic of KoreaKOR | $646.4M | 67 | 7 |
| 6 | TurkeyTUR | $524.7M | 84 | 7 |
| 7 | RussiaRUS | $440.9M | 17 | 7 |
| 8 | GreeceGRC | $437.2M | 45 | 7 |
| 9 | JapanJPN | $353.6M | 62 | 7 |
| 10 | MexicoMEX | $303.6M | 30 | 7 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | Saudi ArabiaSAU | $1.1B | 36 | 7 |
| 2 | USA, Puerto Rico and US Virgin IslandsUSA | $877.9M | 47 | 7 |
| 3 | AustraliaAUS | $787.3M | 34 | 7 |
| 4 | United Arab EmiratesARE | $532.4M | 44 | 7 |
| 5 | IndonesiaIDN | $350.6M | 25 | 7 |
| 6 | ItalyITA | $323.3M | 36 | 7 |
| 7 | CanadaCAN | $272.9M | 29 | 7 |
| 8 | QatarQAT | $244.4M | 24 | 7 |
| 9 | United KingdomGBR | $234.5M | 40 | 7 |
| 10 | IsraelISR | $233.8M | 22 | 6 |
HS6 product coverage
The products inside HS4 7305
Six-digit classifications make the subsector specific. Browse the product workspace ↗
7 classifications shownIron or steel (excluding cast iron)
Iron or steel (excluding cast iron): line pipe of a kind used for oil or gas pipelines (not seamless), longitudinally submerged arc welded, having circular cross-sections, external diameter exceeds 406.4mmHS6 730511
Iron or steel (excluding cast iron): line pipe of a kind used for oil or gas pipelines (not seamless), longitudinally welded (not submerged arc welded), having circular cross-sections, external diameter exceeds 406.4mmHS6 730512
Iron or steel: line pipe of a kind used for oil or gas pipelines, (other than longitudinally welded), external diameter exceeds 406.4mmHS6 730519
Iron or steel: casing of a kind used in drilling for oil or gas, external diameter exceeds 406.4mmHS6 730520
Iron or steel: tubes and pipes (other than line pipe or casing of a kind used for oil or gas pipelines), longitudinally welded, external diameter exceeds 406.4mmHS6 730531
Iron or steel (excluding cast iron): tubes and pipes (other than line pipe or casing of a kind used for oil or gas pipelines), welded (not longitudinally welded), having circular cross-sections, external diameter exceeds 406.4mm, (not seamless)HS6 730539
Iron or steel: tubes and pipes, n.e.s. in heading no. 7305, external diameter exceeds 406.4mmHS6 730590
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.