Latest trade
$7.9BGlobal subsector valueHS4 subsector intelligence
Iron or steel
HS4 7312 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
+4.1%Latest year on yearExporters
185Active reporting countriesImporters
199Active reporting countriesHS6 products
2Classifications inside HS4The subsector read
$7.9B in trade, with +0.7% annualized growth over three years.
Iron or steel is recorded across 7,393 active corridors, with 185 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 | ChinaCHN | Viet NamVNM | $226.8M | +11.4% | 2 | 2,732 km | Yes |
| 2 | Viet NamVNM | USA, Puerto Rico and US Virgin IslandsUSA | $197.2M | +2.8% | 2 | 14,306 km | No |
| 3 | ChinaCHN | ThailandTHA | $192.0M | +4.6% | 2 | 2,887 km | Yes |
| 4 | ChinaCHN | Republic of KoreaKOR | $169.8M | -5.5% | 2 | 867 km | Yes |
| 5 | ChinaCHN | IndiaIND | $153.8M | -0.9% | 2 | 4,252 km | No |
| 6 | ChinaCHN | USA, Puerto Rico and US Virgin IslandsUSA | $151.8M | -5.7% | 2 | 11,883 km | No |
| 7 | ChinaCHN | JapanJPN | $118.9M | -0.9% | 2 | 1,763 km | No |
| 8 | USA, Puerto Rico and US Virgin IslandsUSA | CanadaCAN | $111.9M | +7.7% | 2 | 556 km | Yes |
| 9 | ChinaCHN | BrazilBRA | $90.5M | +8.6% | 2 | 18,570 km | No |
| 10 | ThailandTHA | USA, Puerto Rico and US Virgin IslandsUSA | $84.7M | -0.7% | 2 | 13,951 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 | ChinaCHN | $2.6B | 197 | 2 |
| 2 | Viet NamVNM | $446.7M | 99 | 2 |
| 3 | Republic of KoreaKOR | $421.8M | 145 | 2 |
| 4 | GermanyDEU | $410.4M | 168 | 2 |
| 5 | ThailandTHA | $347.3M | 113 | 2 |
| 6 | USA, Puerto Rico and US Virgin IslandsUSA | $322.8M | 172 | 2 |
| 7 | RomaniaROU | $235.0M | 77 | 2 |
| 8 | ItalyITA | $223.5M | 154 | 2 |
| 9 | MalaysiaMYS | $217.5M | 117 | 2 |
| 10 | IndiaIND | $185.1M | 156 | 2 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $1.0B | 95 | 2 |
| 2 | GermanyDEU | $350.1M | 89 | 2 |
| 3 | Viet NamVNM | $291.0M | 46 | 2 |
| 4 | IndiaIND | $284.4M | 70 | 2 |
| 5 | CanadaCAN | $269.8M | 75 | 2 |
| 6 | ThailandTHA | $260.6M | 51 | 2 |
| 7 | Republic of KoreaKOR | $243.5M | 65 | 2 |
| 8 | JapanJPN | $229.4M | 51 | 2 |
| 9 | ChinaCHN | $218.9M | 74 | 2 |
| 10 | PolandPOL | $204.5M | 64 | 2 |
HS6 product coverage
The products inside HS4 7312
Six-digit classifications make the subsector specific. Browse the product workspace ↗
2 classifications shownIron or steel
Iron or steel: stranded wire, ropes and cables, not electrically insulatedHS6 731210
Iron or steel: plaited bands, slings and the like, not electrically insulatedHS6 731290
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.