Latest trade
$68.8BGlobal subsector valueHS4 subsector intelligence
Iron or steel
HS4 7308 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
+3%Latest year on yearExporters
194Active reporting countriesImporters
199Active reporting countriesHS6 products
5Classifications inside HS4The subsector read
$68.8B in trade, with +6% annualized growth over three years.
Iron or steel is recorded across 8,579 active corridors, with 194 exporters and 199 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 | $1.7B | +5.9% | 5 | 556 km | Yes |
| 2 | ChinaCHN | Republic of KoreaKOR | $1.7B | +30.3% | 5 | 867 km | Yes |
| 3 | MexicoMEX | USA, Puerto Rico and US Virgin IslandsUSA | $1.7B | +8.9% | 5 | 3,359 km | Yes |
| 4 | ChinaCHN | JapanJPN | $1.3B | +0.5% | 5 | 1,763 km | No |
| 5 | ChinaCHN | USA, Puerto Rico and US Virgin IslandsUSA | $1.2B | +3.2% | 5 | 11,883 km | No |
| 6 | PolandPOL | GermanyDEU | $1.0B | +0.3% | 5 | 518 km | Yes |
| 7 | ChinaCHN | AustraliaAUS | $932.2M | +1.1% | 5 | 8,024 km | Yes |
| 8 | ChinaCHN | IndonesiaIDN | $818.0M | +17.9% | 5 | 4,425 km | Yes |
| 9 | ChinaCHN | ThailandTHA | $786.8M | +28.1% | 5 | 2,887 km | Yes |
| 10 | ChinaCHN | China, Hong Kong Special Administrative RegionHKG | $776.4M | +5.4% | 5 | 1,226 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 | ChinaCHN | $19.2B | 199 | 5 |
| 2 | GermanyDEU | $5.9B | 179 | 5 |
| 3 | PolandPOL | $3.6B | 140 | 5 |
| 4 | TurkeyTUR | $2.6B | 174 | 5 |
| 5 | SpainESP | $2.5B | 164 | 5 |
| 6 | ItalyITA | $2.2B | 175 | 5 |
| 7 | NetherlandsNLD | $2.1B | 164 | 5 |
| 8 | Republic of KoreaKOR | $1.8B | 136 | 5 |
| 9 | MexicoMEX | $1.8B | 78 | 5 |
| 10 | United Arab EmiratesARE | $1.8B | 158 | 5 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $9.2B | 117 | 5 |
| 2 | GermanyDEU | $5.1B | 108 | 5 |
| 3 | FranceFRA | $3.2B | 105 | 5 |
| 4 | United KingdomGBR | $2.7B | 91 | 5 |
| 5 | NetherlandsNLD | $2.1B | 90 | 5 |
| 6 | Republic of KoreaKOR | $1.9B | 57 | 5 |
| 7 | JapanJPN | $1.8B | 66 | 5 |
| 8 | AustraliaAUS | $1.7B | 72 | 5 |
| 9 | CanadaCAN | $1.6B | 94 | 5 |
| 10 | Saudi ArabiaSAU | $1.6B | 76 | 5 |
HS6 product coverage
The products inside HS4 7308
Six-digit classifications make the subsector specific. Browse the product workspace ↗
5 classifications shownIron or steel
Iron or steel: structures and parts thereof, bridges and bridge-sectionsHS6 730810
Iron or steel: structures and parts thereof, towers and lattice mastsHS6 730820
Iron or steel: structures and parts thereof, doors, windows and their frames and thresholds for doorsHS6 730830
Iron or steel: structures and parts thereof, props and similar equipment for scaffolding, shuttering or pit-proppingHS6 730840
Iron or steel: structures and parts thereof, n.e.s. in heading no. 7308HS6 730890
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.