HS4 subsector corridor intelligence

Iron or steel
top trade corridors

HS4 7306 - leading exporter-to-importer routes

Explore reported routes for this HS4 subsector, ranked by latest trade value and paired with growth, market share, access, tariff, and distance context.

HS4 73061995-2024Declining
The route picture at a glanceHS4 7306 - reported trade
01

Latest HS4 trade

$25.4BReported value
02

Corridors shown

25Leading routes by value
03

Leading route value

$1.0BLatest reported value
04

Leading route growth

-6.8%Calculated 3-year change
05

Latest reported year

20241995-2024 coverage

The HS4 corridor read

Canada to USA, Puerto Rico and US Virgin Islands leads the reported HS4 7306 routes.

The leading route recorded $1.0B in 2024, with -6.8% calculated three-year growth. Across the HS4 subsector, latest reported trade was $25.4B, with -4.4% calculated three-year growth. Read the HS4 overview ↗

Leading route$1.0B4.1% of latest HS4 trade

Top HS4 corridors

Where Iron or steel trade moves

Observed exporter-to-importer relationships ranked by latest reported trade value. Growth, peak comparisons, and shares are calculated indicators; access fields provide context where available. Review data sources ↗

HS4 7306 exporter-to-importer relationshipsTop 25 by value

Scroll horizontally to compare all route fields.

RankExporterImporterLatest trade3-year CAGR5-year CAGR10-year CAGRMarket shareFTA / accessApplied tariffMFN tariffPreferential tariffTariff advantageDistanceHistorical peakLatest below peakYearsTrend
1CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$1.0B-6.8%+10.7%+1.9%4.1%FTA reported0%0%0%+0 pp556 km$1.5B202231.9%30Declining
2Republic of KoreaKORUSA, Puerto Rico and US Virgin IslandsUSA$909.3M-3.1%+7.2%-7.5%3.6%FTA reported0%0%0%+0 pp11,077 km$2.0B201454.2%30Declining
3ItalyITAGermanyDEU$857.1M-10.4%+0.7%-1.1%3.4%FTA reported0%0%0%+0 pp1,184 km$1.2B202128.2%30Rapid decline
4USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$632.9M-3.6%+4.1%-4.9%2.5%FTA reported0%0.1%0%+0 pp556 km$1.0B201439.4%30Declining
5MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$572.4M+4.7%+10.2%+3.2%2.3%FTA reported0%0%0%+0 pp3,359 km$729.1M202221.5%30Growing
6ItalyITAFranceFRA$469.2M-12.4%-0.4%-0.1%1.9%FTA reported0%0%0%+0 pp1,106 km$698.7M202132.8%30Rapid decline
7USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$453.7M+2.6%+6.3%+0.7%1.8%FTA reported0.1%0.1%0%+0.1 pp3,359 km$516.6M202212.2%30Stable
8ItalyITASpainESP$303.2M-4%+2.5%+2.3%1.2%FTA reported0%0%0%+0 pp1,366 km$342.4M202111.5%30Declining
9ItalyITAPolandPOL$276.5M-6.5%+2.2%+2.1%1.1%FTA reported0.1%0.1%0%+0 pp1,317 km$364.1M202224.1%30Declining
10TaiwanTWNUSA, Puerto Rico and US Virgin IslandsUSA$274.5M+4.3%-1.4%-0.5%1.1%No FTA reportedNot reportedNot reportedNot reportedNot reported12,555 km$532.8M202248.5%30Growing
11TurkeyTURRomaniaROU$240.8M-1.9%+13.4%+12.6%0.9%No FTA reported0.2%0.2%Not reportedNot reported446 km$274.6M202212.3%30Stable
12RussiaRUSKazakhstanKAZ$216.9M+5.2%+14.3%+8.8%0.9%FTA reported0.1%0.1%0%+0.1 pp3,112 km$216.9M20240%30Growing
13ChinaCHNPhilippinesPHL$214.7M-25.8%-0.5%+10%0.8%FTA reported0.2%0.2%0%+0.2 pp1,841 km$779.4M202272.4%30Rapid decline
14ItalyITANetherlandsNLD$211.7M-8.6%+3.2%+2.1%0.8%FTA reported0%0%0%+0 pp1,298 km$277.3M202123.7%30Declining
15GermanyDEUFranceFRA$183.1M+7.5%+6.9%+2.7%0.7%FTA reported0%0%0%+0 pp881 km$190.2M20083.7%30Growing
16United Arab EmiratesAREUSA, Puerto Rico and US Virgin IslandsUSA$180.5M+6%+17.4%+9.8%0.7%No FTA reported0%0%Not reportedNot reported11,024 km$223.9M202219.4%29Growing
17IndiaINDUSA, Puerto Rico and US Virgin IslandsUSA$172.1M-0.8%+13.4%+4.2%0.7%No FTA reported0%0%0%+0 pp11,771 km$268.7M202236%30Stable
18Viet NamVNMUSA, Puerto Rico and US Virgin IslandsUSA$169.7M+18.1%+8.2%+7.4%0.7%No FTA reported0%0%Not reportedNot reported14,306 km$205.6M201217.4%28Rapid growth
19PolandPOLGermanyDEU$157.7M-7.3%+1.9%+4%0.6%FTA reported0%0%0%+0 pp518 km$210.7M202225.2%30Declining
20GermanyDEUItalyITA$157.5M+48%+28.2%+9.5%0.6%FTA reported0%0%0%+0 pp1,184 km$157.5M20240%30Rapid growth
21ChinaCHNViet NamVNM$156.6M+8.2%+6.1%+16%0.6%FTA reported0.2%0.2%0%+0.1 pp2,732 km$183.6M202214.7%30Growing
22TurkeyTURUnited KingdomGBR$148.6M-11.8%+2.4%-0.8%0.6%FTA reportedNot reportedNot reportedNot reportedNot reported2,504 km$216.9M202131.5%30Rapid decline
23ChinaCHNUnited Arab EmiratesARE$143.6M+32%+14.6%+2.8%0.6%No FTA reported0.1%0.1%Not reportedNot reported6,430 km$143.6M20240%29Rapid growth
24SpainESPFranceFRA$142.9M-13.8%+3.7%+3.9%0.6%FTA reported0%0%0%+0 pp1,053 km$235.0M200839.2%30Rapid decline
25ItalyITACzechiaCZE$142.1M-8.6%-1.3%+0.6%0.6%FTA reported0%0%0%+0 pp923 km$197.3M202228%30Declining

Movement to watch

Growth leaders for HS4 7306

The strongest available three-year growth rates are starting points for research, not forecasts. Compare the calculated rate with each route's reported value, share, and trend. Read the methodology ↗

01Growth leader

Germany to Italy

+48%calculated 3-year CAGR
$157.5M latest value0.6% market shareRapid growth
02Growth leader

China to United Arab Emirates

+32%calculated 3-year CAGR
$143.6M latest value0.6% market shareRapid growth
03Growth leader

Viet Nam to USA, Puerto Rico and US Virgin Islands

+18.1%calculated 3-year CAGR
$169.7M latest value0.7% market shareRapid growth
04Growth leader

China to Viet Nam

+8.2%calculated 3-year CAGR
$156.6M latest value0.6% market shareGrowing
05Growth leader

Germany to France

+7.5%calculated 3-year CAGR
$183.1M latest value0.7% market shareGrowing

Access and tariff context

Compare route access without over-reading one indicator

FTA status, applied tariffs, tariff advantage, and distance are supporting route context. Group averages are calculated from displayed routes and are not tariff recommendations. Check data coverage ↗

FTA reported$7.2B

19 displayed routes with average calculated growth of -2.5%.

Average applied tariff
0%
Average tariff advantage
+0 pp
No FTA reported$1.2B

6 displayed routes with average calculated growth of +9.6%.

Average applied tariff
0.1%
Average tariff advantage
+0 pp
Lowest reported applied tariffFTA reported

Italy to Germany

0%

Routes with an available applied tariff. Latest route value: $857.1M.

Applied 0%Advantage +0 pp1,184 km
Largest reported tariff advantageFTA reported

China to Philippines

+0.2 pp

Routes with an available tariff advantage. Latest route value: $214.7M.

Applied 0.2%Advantage +0.2 pp1,841 km

HS4 indicators

Scale, momentum, and structure in one view

These cards pair reported trade observations with calculated indicators from the available HS4 history. See indicator definitions ↗

Displayed route value$8.4B

Combined reported value across the 25 routes shown.

HS4 3-year CAGR-4.4%

Calculated annualized change in reported HS4 trade.

Exporter / importer HHI1,134.1 / 993.1

Calculated concentration indicators; higher values mean a more concentrated mix.

Trade volatility0.4

Calculated variation in annual reported HS4 trade.

Trend and peakDeclining

Historical peak: $33.3B in 2022. Latest below peak: 23.9%.

Coverage and breadth1995-2024

30 observed years; 6,579 active corridors, 181 exporters, 200 importers, and 10 HS6 products.

How to read this view

Keep reported scale separate from calculated movement.

Latest trade values describe reported merchandise trade for HS4 7306. Growth, market share, HHI, volatility, and peak comparisons are calculated indicators over the stated coverage period.

FTA status, tariffs, and distance add route context where available. A missing value stays unavailable; it is not treated as zero or a forecast.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). 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.