HS4 subsector intelligence

Iron or steel
HS4 7314 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 73141995-2024 coverageDeclining
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$5.9BGlobal subsector value
02

Annual change

-3.9%Latest year on year
03

Exporters

178Active reporting countries
04

Importers

200Active reporting countries
05

HS6 products

10Classifications inside HS4

The subsector read

$5.9B in trade, with -7.2% annualized growth over three years.

Iron or steel is recorded across 5,373 active corridors, with 178 exporters and 200 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $1.3B1996: $1.3B1997: $1.4B1998: $1.3B1999: $1.7B2000: $1.7B2001: $1.6B2002: $1.7B2003: $2.0B2004: $3.0B2005: $3.1B2006: $3.7B2007: $4.7B2008: $5.5B2009: $3.5B2010: $4.1B2011: $5.0B2012: $4.8B2013: $4.9B2014: $4.9B2015: $4.2B2016: $4.0B2017: $4.5B2018: $5.3B2019: $5.2B2020: $5.3B2021: $7.4B2022: $8.4B2023: $6.2B2024: $5.9B
Reported global trade by year.

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
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$197.6M-6.6%1011,883 kmNo
2MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$142.4M-13.6%103,359 kmYes
3ItalyITAFranceFRA$136.9M-10.2%101,106 kmYes
4SpainESPFranceFRA$129.2M-15.3%101,053 kmYes
5GermanyDEUFranceFRA$124.8M+1.4%10881 kmYes
6NetherlandsNLDGermanyDEU$98.9M-19.5%10579 kmYes
7NetherlandsNLDBelgiumBEL$97.6M-7.7%10174 kmYes
8ChinaCHNAustraliaAUS$96.2M+4.1%108,024 kmYes
9CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$96.2M-4.9%10556 kmYes
10JapanJPNChinaCHN$90.3M+14.7%101,763 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$1.6B19910
2GermanyDEU$581.5M15010
3ItalyITA$513.6M14910
4NetherlandsNLD$320.9M13410
5SpainESP$246.2M13310
6PolandPOL$199.1M9310
7MexicoMEX$178.6M6310
8BelgiumBEL$175.9M12810
9USA, Puerto Rico and US Virgin IslandsUSA$165.8M14610
10JapanJPN$126.6M10310
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$613.0M7610
2FranceFRA$539.6M7510
3GermanyDEU$449.9M6810
4BelgiumBEL$208.7M5810
5United KingdomGBR$178.8M6010
6NetherlandsNLD$168.9M6310
7AustraliaAUS$165.7M4810
8AustriaAUT$154.5M5010
9ItalyITA$143.2M5810
10CroatiaHRV$139.0M3410

HS6 product coverage

The products inside HS4 7314

Six-digit classifications make the subsector specific. Browse the product workspace ↗

13 classifications shownIron or steel
01
Iron or steel: wire cloth (including endless bands), woven products, of stainless steelHS6 731411
02
Iron or steel: woven cloth, endless bands for machinery, of stainless steelHS6 731412
03
Iron or steel: woven cloth, endless bands for machinery, (not of stainless steel)HS6 731413
04
Iron or steel: woven cloth, of stainless steel, (other than endless bands for machinery)HS6 731414
05
Iron or steel: woven cloth, other than of stainless steelHS6 731419
06
Iron or steel wire: grill, netting and fencing, welded at intersections, of wire with a maximum cross-sectional dimension of 3mm or more and mesh size 100cm2 or moreHS6 731420
07
Iron or steel wire: grill, netting and fencing, welded at intersections, n.e.s. in item no. 7314.2HS6 731430
08
Iron or steel wire: grill, netting and fencing, welded at the intersection, n.e.c. in item no. 7314.20, plated or coated with zincHS6 731431
09
Iron or steel wire: grill, netting and fencing, welded at the intersection, n.e.c. in item no. 7314.20, (other than plated or coated with zinc)HS6 731439
10
Iron or steel wire: grill, netting and fencing, plated or coated with zincHS6 731441
11
Iron or steel wire: grill, netting and fencing, coated with plasticHS6 731442
12
Iron or steel wire: grill, netting and fencing, coated with materials other than zinc or plasticHS6 731449
13
Iron or steel: expanded metalHS6 731450

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

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.