# Iron or steel (HS4 7314) Trade Overview | Yugalinks

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Iron or steel at HS4 7314, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7314

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## Answer

The iron or steel subsector recorded $5.9B in reported global trade in 2024, with -3.9% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $5.9B |
| Latest annual change | -3.9% |
| Active exporters | 178 |
| Active importers | 200 |
| Active HS6 products | 10 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $1.3B | 2,969 | 10 |
| 1996 | $1.3B | 3,036 | 10 |
| 1997 | $1.4B | 2,994 | 10 |
| 1998 | $1.3B | 3,124 | 10 |
| 1999 | $1.7B | 3,395 | 10 |
| 2000 | $1.7B | 3,843 | 10 |
| 2001 | $1.6B | 3,907 | 10 |
| 2002 | $1.7B | 4,069 | 10 |
| 2003 | $2.0B | 4,122 | 10 |
| 2004 | $3.0B | 4,308 | 10 |
| 2005 | $3.1B | 4,396 | 10 |
| 2006 | $3.7B | 4,493 | 10 |
| 2007 | $4.7B | 4,592 | 10 |
| 2008 | $5.5B | 4,633 | 10 |
| 2009 | $3.5B | 4,726 | 10 |
| 2010 | $4.1B | 4,706 | 10 |
| 2011 | $5.0B | 4,792 | 10 |
| 2012 | $4.8B | 5,023 | 10 |
| 2013 | $4.9B | 5,096 | 10 |
| 2014 | $4.9B | 5,196 | 10 |
| 2015 | $4.2B | 5,303 | 10 |
| 2016 | $4.0B | 5,169 | 10 |
| 2017 | $4.5B | 5,222 | 10 |
| 2018 | $5.3B | 5,350 | 10 |
| 2019 | $5.2B | 5,416 | 10 |
| 2020 | $5.3B | 5,116 | 10 |
| 2021 | $7.4B | 5,246 | 10 |
| 2022 | $8.4B | 5,411 | 10 |
| 2023 | $6.2B | 5,407 | 10 |
| 2024 | $5.9B | 5,373 | 10 |

## Leading corridors

- China to USA, Puerto Rico and US Virgin Islands: $197.6M; growth -6.6%.
- Mexico to USA, Puerto Rico and US Virgin Islands: $142.4M; growth -13.6%.
- Italy to France: $136.9M; growth -10.2%.
- Spain to France: $129.2M; growth -15.3%.
- Germany to France: $124.8M; growth +1.4%.
- Netherlands to Germany: $98.9M; growth -19.5%.
- Netherlands to Belgium: $97.6M; growth -7.7%.
- China to Australia: $96.2M; growth +4.1%.
- Canada to USA, Puerto Rico and US Virgin Islands: $96.2M; growth -4.9%.
- Japan to China: $90.3M; growth +14.7%.

## HS6 products

- Iron or steel: wire cloth (including endless bands), woven products, of stainless steel (HS6 731411)
- Iron or steel: woven cloth, endless bands for machinery, of stainless steel (HS6 731412)
- Iron or steel: woven cloth, endless bands for machinery, (not of stainless steel) (HS6 731413)
- Iron or steel: woven cloth, of stainless steel, (other than endless bands for machinery) (HS6 731414)
- Iron or steel: woven cloth, other than of stainless steel (HS6 731419)
- 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 more (HS6 731420)
- Iron or steel wire: grill, netting and fencing, welded at intersections, n.e.s. in item no. 7314.2 (HS6 731430)
- Iron or steel wire: grill, netting and fencing, welded at the intersection, n.e.c. in item no. 7314.20, plated or coated with zinc (HS6 731431)
- 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)
- Iron or steel wire: grill, netting and fencing, plated or coated with zinc (HS6 731441)
- Iron or steel wire: grill, netting and fencing, coated with plastic (HS6 731442)
- Iron or steel wire: grill, netting and fencing, coated with materials other than zinc or plastic (HS6 731449)
- Iron or steel: expanded metal (HS6 731450)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.