# Iron or steel (excluding cast iron) (HS4 7305) Trade Overview | Yugalinks

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Iron or steel (excluding cast iron) at HS4 7305, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7305

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## Answer

The iron or steel (excluding cast iron) subsector recorded $8.9B in reported global trade in 2024, with +2.2% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $8.9B |
| Latest annual change | +2.2% |
| Active exporters | 132 |
| Active importers | 194 |
| Active HS6 products | 7 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $2.2B | 1,992 | 7 |
| 1996 | $2.7B | 2,045 | 7 |
| 1997 | $3.6B | 2,001 | 7 |
| 1998 | $3.5B | 2,014 | 7 |
| 1999 | $2.3B | 2,159 | 7 |
| 2000 | $1.9B | 2,365 | 7 |
| 2001 | $3.3B | 2,467 | 7 |
| 2002 | $4.0B | 2,502 | 7 |
| 2003 | $3.6B | 2,680 | 7 |
| 2004 | $4.8B | 2,657 | 7 |
| 2005 | $6.5B | 2,729 | 7 |
| 2006 | $8.9B | 2,818 | 7 |
| 2007 | $11.6B | 2,840 | 7 |
| 2008 | $15.0B | 3,022 | 7 |
| 2009 | $13.8B | 3,038 | 7 |
| 2010 | $10.8B | 3,017 | 7 |
| 2011 | $12.9B | 3,176 | 7 |
| 2012 | $12.9B | 3,171 | 7 |
| 2013 | $11.3B | 3,033 | 7 |
| 2014 | $9.2B | 3,181 | 7 |
| 2015 | $9.7B | 3,121 | 7 |
| 2016 | $6.4B | 2,978 | 7 |
| 2017 | $6.9B | 3,058 | 7 |
| 2018 | $8.0B | 3,164 | 7 |
| 2019 | $8.0B | 3,267 | 7 |
| 2020 | $5.6B | 2,621 | 7 |
| 2021 | $4.4B | 2,733 | 7 |
| 2022 | $5.7B | 2,768 | 7 |
| 2023 | $8.8B | 2,729 | 7 |
| 2024 | $8.9B | 2,598 | 7 |

## Leading corridors

- Indonesia to Australia: $626.1M; growth +320.7%.
- Germany to USA, Puerto Rico and US Virgin Islands: $431.4M; growth +176%.
- Mexico to Saudi Arabia: $267.3M; growth +3,784.7%.
- India to Saudi Arabia: $255.6M; growth +184.6%.
- Greece to Israel: $220.6M; growth +265.8%.
- Russia to Kazakhstan: $195.0M; growth +30.9%.
- China to United Rep. of Tanzania: $186.2M; growth +291.1%.
- India to United Arab Emirates: $181.6M; growth +91.5%.
- Republic of Korea to USA, Puerto Rico and US Virgin Islands: $174.5M; growth +29.7%.
- Germany to United Kingdom: $171.3M; growth +58.3%.

## HS6 products

- 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 406.4mm (HS6 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 406.4mm (HS6 730512)
- Iron or steel: line pipe of a kind used for oil or gas pipelines, (other than longitudinally welded), external diameter exceeds 406.4mm (HS6 730519)
- Iron or steel: casing of a kind used in drilling for oil or gas, external diameter exceeds 406.4mm (HS6 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 406.4mm (HS6 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 406.4mm (HS6 730590)

## 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.