Latest trade
$25.4BGlobal subsector valueHS4 subsector intelligence
Iron or steel
HS4 7306 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
-10.7%Latest year on yearExporters
181Active reporting countriesImporters
200Active reporting countriesHS6 products
10Classifications inside HS4The subsector read
$25.4B in trade, with -4.4% annualized growth over three years.
Iron or steel is recorded across 6,579 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 | CanadaCAN | USA, Puerto Rico and US Virgin IslandsUSA | $1.0B | -6.8% | 10 | 556 km | Yes |
| 2 | Republic of KoreaKOR | USA, Puerto Rico and US Virgin IslandsUSA | $909.3M | -3.1% | 9 | 11,077 km | Yes |
| 3 | ItalyITA | GermanyDEU | $857.1M | -10.4% | 9 | 1,184 km | Yes |
| 4 | USA, Puerto Rico and US Virgin IslandsUSA | CanadaCAN | $632.9M | -3.6% | 10 | 556 km | Yes |
| 5 | MexicoMEX | USA, Puerto Rico and US Virgin IslandsUSA | $572.4M | +4.7% | 10 | 3,359 km | Yes |
| 6 | ItalyITA | FranceFRA | $469.2M | -12.4% | 10 | 1,106 km | Yes |
| 7 | USA, Puerto Rico and US Virgin IslandsUSA | MexicoMEX | $453.7M | +2.6% | 10 | 3,359 km | Yes |
| 8 | ItalyITA | SpainESP | $303.2M | -4% | 10 | 1,366 km | Yes |
| 9 | ItalyITA | PolandPOL | $276.5M | -6.5% | 9 | 1,317 km | Yes |
| 10 | TaiwanTWN | USA, Puerto Rico and US Virgin IslandsUSA | $274.5M | +4.3% | 10 | 12,555 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 | ItalyITA | $3.8B | 155 | 10 |
| 2 | ChinaCHN | $3.5B | 196 | 10 |
| 3 | GermanyDEU | $1.7B | 164 | 10 |
| 4 | Republic of KoreaKOR | $1.4B | 131 | 10 |
| 5 | TurkeyTUR | $1.4B | 165 | 10 |
| 6 | USA, Puerto Rico and US Virgin IslandsUSA | $1.4B | 164 | 10 |
| 7 | CanadaCAN | $1.1B | 110 | 10 |
| 8 | IndiaIND | $709.9M | 167 | 10 |
| 9 | Viet NamVNM | $663.0M | 110 | 10 |
| 10 | TaiwanTWN | $651.4M | 121 | 10 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $4.1B | 83 | 10 |
| 2 | GermanyDEU | $1.9B | 80 | 10 |
| 3 | CanadaCAN | $1.1B | 67 | 10 |
| 4 | FranceFRA | $1.1B | 89 | 10 |
| 5 | MexicoMEX | $865.2M | 69 | 10 |
| 6 | PolandPOL | $840.3M | 66 | 10 |
| 7 | NetherlandsNLD | $626.1M | 77 | 10 |
| 8 | United KingdomGBR | $612.3M | 71 | 10 |
| 9 | SpainESP | $598.9M | 60 | 10 |
| 10 | CzechiaCZE | $523.9M | 56 | 10 |
HS6 product coverage
The products inside HS4 7306
Six-digit classifications make the subsector specific. Browse the product workspace ↗
13 classifications shownIron or steel
Iron or steel: line pipe of a kind used for oil or gas pipelines, n.e.s.HS6 730610
Steel: stainless: line pipe of a kind used for oil or gas pipelines n.e.c. in chapter 73, welded, (not seamless)HS6 730611
Iron or steel (excluding cast iron): line pipe of a kind used for oil or gas pipelines (other than of stainless steel or seamless), n.e.c. in chapter 73HS6 730619
Iron or steel: casing and tubing of a kind used in drilling for oil and gas, n.e.s.HS6 730620
Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless)HS6 730621
Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73HS6 730629
Iron or non-alloy steel: tubes and pipes, welded, of circular cross-sectionHS6 730630
Steel, stainless: tubes and pipes, welded, of circular cross-sectionHS6 730640
Steel, alloy: tubes, pipes and hollow profiles (other than stainless steel or seamless), welded, of circular cross-section, n.e.c. in chapter 73HS6 730650
Iron or steel: n.e.s. in heading no. 7306, tubes, pipes and hollow profiles, welded, of non-circular cross-sectionHS6 730660
Iron or steel (excluding cast iron): tubes, pipes and hollow profiles (not seamless), welded, of square or rectangular cross-section, n.e.c. in chapter 73HS6 730661
Iron or steel (excluding cast iron): tubes, pipes and hollow profiles (not seamless), n.e.c. in chapter 73, welded, of non-circular cross-section (not square or rectangular cross-section)HS6 730669
Iron or steel: tubes, pipes and hollow profiles n.e.s. in heading no. 7306HS6 730690
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.