{
  "pageType": "HS4 subsector trade overview",
  "source": "api",
  "title": "Iron or steel (HS4 7306) Trade Overview | Yugalinks",
  "description": "Review reported global trade for iron or steel at HS4 7306, including scale, trend, corridors, countries, and the HS6 products within this subsector.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/7306",
  "publisher": {
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    "sameAs": [
      "https://in.linkedin.com/company/yugalinks"
    ]
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-27",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
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        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-27"
      }
    ]
  },
  "links": {
    "html": "https://www.yugalinks.com/trade/sector/hs4/7306/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs4/7306/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs4/7306/index.json",
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  "internalLinks": {
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    "platform": "https://www.yugalinks.com/platform",
    "methodology": "https://www.yugalinks.com/methodology",
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  "subsector": {
    "hs4": "7306",
    "name": "Iron or steel"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:09"
  },
  "answer": "The iron or steel subsector recorded $25.4B in reported global trade in 2024, with -10.7% annual change.",
  "keyFigures": {
    "latestTradeUsd": 25355451523.4532,
    "latestAnnualChangePct": -10.656519529671476,
    "activeExporters": 181,
    "activeImporters": 200,
    "activeHs6Products": 10
  },
  "growthAndStructure": {
    "trendLabel": "Declining",
    "tradeCagr3yPct": -4.42772142037694,
    "tradeCagr5yPct": 2.4684199736405343,
    "historicalPeakUsd": 33313812202.194607,
    "historicalPeakYear": 2022,
    "positiveGrowthYearSharePct": 68.96551724137932,
    "exporterConcentrationHhi": 1134.063169070397,
    "importerConcentrationHhi": 993.0819907556752,
    "tradeVolatilityCv": 0.44533108939650184
  },
  "annualRows": [
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      "year": 1995,
      "hs4": 7306,
      "global_trade_usd": 7025582669.811953,
      "corridor_count": 3453,
      "active_hs6_count": 10
    },
    {
      "year": 1996,
      "hs4": 7306,
      "global_trade_usd": 6743642783.135747,
      "corridor_count": 3593,
      "active_hs6_count": 10
    },
    {
      "year": 1997,
      "hs4": 7306,
      "global_trade_usd": 7050198543.058404,
      "corridor_count": 3706,
      "active_hs6_count": 10
    },
    {
      "year": 1998,
      "hs4": 7306,
      "global_trade_usd": 7251299721.936167,
      "corridor_count": 3784,
      "active_hs6_count": 10
    },
    {
      "year": 1999,
      "hs4": 7306,
      "global_trade_usd": 6806551686.098104,
      "corridor_count": 4049,
      "active_hs6_count": 10
    },
    {
      "year": 2000,
      "hs4": 7306,
      "global_trade_usd": 7662776705.809124,
      "corridor_count": 4612,
      "active_hs6_count": 10
    },
    {
      "year": 2001,
      "hs4": 7306,
      "global_trade_usd": 7175414348.583355,
      "corridor_count": 4690,
      "active_hs6_count": 10
    },
    {
      "year": 2002,
      "hs4": 7306,
      "global_trade_usd": 7783371833.050079,
      "corridor_count": 4911,
      "active_hs6_count": 10
    },
    {
      "year": 2003,
      "hs4": 7306,
      "global_trade_usd": 9293911076.285353,
      "corridor_count": 4958,
      "active_hs6_count": 10
    },
    {
      "year": 2004,
      "hs4": 7306,
      "global_trade_usd": 13670180976.005608,
      "corridor_count": 5247,
      "active_hs6_count": 10
    },
    {
      "year": 2005,
      "hs4": 7306,
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      "corridor_count": 5357,
      "active_hs6_count": 10
    },
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      "year": 2006,
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      "global_trade_usd": 19812621641.00388,
      "corridor_count": 5433,
      "active_hs6_count": 10
    },
    {
      "year": 2007,
      "hs4": 7306,
      "global_trade_usd": 23872992298.444572,
      "corridor_count": 5585,
      "active_hs6_count": 10
    },
    {
      "year": 2008,
      "hs4": 7306,
      "global_trade_usd": 28216238606.8649,
      "corridor_count": 5754,
      "active_hs6_count": 10
    },
    {
      "year": 2009,
      "hs4": 7306,
      "global_trade_usd": 16641047716.632193,
      "corridor_count": 5771,
      "active_hs6_count": 10
    },
    {
      "year": 2010,
      "hs4": 7306,
      "global_trade_usd": 20255725128.27838,
      "corridor_count": 5828,
      "active_hs6_count": 10
    },
    {
      "year": 2011,
      "hs4": 7306,
      "global_trade_usd": 25446900247.367832,
      "corridor_count": 6010,
      "active_hs6_count": 10
    },
    {
      "year": 2012,
      "hs4": 7306,
      "global_trade_usd": 25466089831.955357,
      "corridor_count": 6184,
      "active_hs6_count": 10
    },
    {
      "year": 2013,
      "hs4": 7306,
      "global_trade_usd": 24355556308.399563,
      "corridor_count": 6231,
      "active_hs6_count": 10
    },
    {
      "year": 2014,
      "hs4": 7306,
      "global_trade_usd": 25735959289.710503,
      "corridor_count": 6452,
      "active_hs6_count": 10
    },
    {
      "year": 2015,
      "hs4": 7306,
      "global_trade_usd": 20505442300.350822,
      "corridor_count": 6425,
      "active_hs6_count": 10
    },
    {
      "year": 2016,
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      "global_trade_usd": 18744770493.82938,
      "corridor_count": 6462,
      "active_hs6_count": 10
    },
    {
      "year": 2017,
      "hs4": 7306,
      "global_trade_usd": 23314226315.635998,
      "corridor_count": 6612,
      "active_hs6_count": 10
    },
    {
      "year": 2018,
      "hs4": 7306,
      "global_trade_usd": 25290583121.619827,
      "corridor_count": 6768,
      "active_hs6_count": 10
    },
    {
      "year": 2019,
      "hs4": 7306,
      "global_trade_usd": 22445079644.347763,
      "corridor_count": 6778,
      "active_hs6_count": 10
    },
    {
      "year": 2020,
      "hs4": 7306,
      "global_trade_usd": 19321369165.43244,
      "corridor_count": 6334,
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    },
    {
      "year": 2021,
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      "year": 2022,
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      "corridor_count": 6605,
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    },
    {
      "year": 2024,
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      "corridor_count": 6579,
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      "tariff_advantage_pp": 0.023905736941426253,
      "refreshed_at": "2026-07-20 09:37:48",
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      "importer_name": "USA, Puerto Rico and US Virgin Islands"
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      "access_data_year": 2024,
      "distance_km": 1317,
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      "active_hs6_count": 10,
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  ],
  "products": [
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      "product_name": "Iron or steel: line pipe of a kind used for oil or gas pipelines, n.e.s."
    },
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      "hs_code": "730611",
      "product_name": "Steel: stainless: line pipe of a kind used for oil or gas pipelines n.e.c. in chapter 73, welded, (not seamless)"
    },
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      "hs_code": "730619",
      "product_name": "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 73"
    },
    {
      "hs_code": "730620",
      "product_name": "Iron or steel: casing and tubing of a kind used in drilling for oil and gas, n.e.s."
    },
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      "hs_code": "730621",
      "product_name": "Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless)"
    },
    {
      "hs_code": "730629",
      "product_name": "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 73"
    },
    {
      "hs_code": "730630",
      "product_name": "Iron or non-alloy steel: tubes and pipes, welded, of circular cross-section"
    },
    {
      "hs_code": "730640",
      "product_name": "Steel, stainless: tubes and pipes, welded, of circular cross-section"
    },
    {
      "hs_code": "730650",
      "product_name": "Steel, alloy: tubes, pipes and hollow profiles (other than stainless steel or seamless), welded, of circular cross-section, n.e.c. in chapter 73"
    },
    {
      "hs_code": "730660",
      "product_name": "Iron or steel: n.e.s. in heading no. 7306, tubes, pipes and hollow profiles, welded, of non-circular cross-section"
    },
    {
      "hs_code": "730661",
      "product_name": "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 73"
    },
    {
      "hs_code": "730669",
      "product_name": "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)"
    },
    {
      "hs_code": "730690",
      "product_name": "Iron or steel: tubes, pipes and hollow profiles n.e.s. in heading no. 7306"
    }
  ],
  "methodology": {
    "reportedValues": "Merchandise trade observations aggregated to HS4.",
    "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.",
    "missingData": "Missing values remain unavailable and are not imputed."
  }
}