HS4 subsector intelligence

Iron or steel
HS4 7316 trade overview

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

HS4 73161995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$268.4MGlobal subsector value
02

Annual change

-6.3%Latest year on year
03

Exporters

129Active reporting countries
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Importers

193Active reporting countries
05

HS6 products

1Classifications inside HS4

The subsector read

$268.4M in trade, with +1.8% annualized growth over three years.

Iron or steel is recorded across 2,584 active corridors, with 129 exporters and 193 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: $77.8M1996: $95.1M1997: $89.0M1998: $98.3M1999: $85.4M2000: $81.7M2001: $84.8M2002: $89.1M2003: $132.7M2004: $137.3M2005: $164.9M2006: $257.7M2007: $295.4M2008: $354.1M2009: $321.3M2010: $247.4M2011: $274.6M2012: $294.8M2013: $264.8M2014: $318.5M2015: $286.9M2016: $235.7M2017: $215.3M2018: $253.8M2019: $243.5M2020: $228.0M2021: $254.0M2022: $271.9M2023: $286.4M2024: $268.4M
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
1ChinaCHNBrazilBRA$22.7M+327.2%118,570 kmNo
2ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$20.4M-13.3%111,883 kmNo
3IndiaINDUSA, Puerto Rico and US Virgin IslandsUSA$10.2M+24.2%111,771 kmNo
4ChinaCHNJapanJPN$6.7M+5.9%11,763 kmNo
5IndonesiaIDNAustraliaAUS$5.7M+6,217.9%15,202 kmYes
6ChinaCHNItalyITA$5.4M+40.9%19,138 kmNo
7ChinaCHNRepublic of KoreaKOR$5.2M+5.6%1867 kmYes
8ChinaCHNSingaporeSGP$4.7M+6.2%13,797 kmYes
9NetherlandsNLDCôte d\'IvoireCIV$4.6M+319.9%15,278 kmYes
10ChinaCHNNetherlandsNLD$4.5M+11.4%18,894 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$124.9M1721
2NetherlandsNLD$21.1M1041
3IndiaIND$16.3M891
4USA, Puerto Rico and US Virgin IslandsUSA$15.6M1111
5GermanyDEU$8.0M851
6United KingdomGBR$7.0M881
7SingaporeSGP$6.6M451
8TurkeyTUR$6.3M791
9IndonesiaIDN$6.1M181
10ItalyITA$5.4M991
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$41.5M471
2BrazilBRA$24.6M221
3AustraliaAUS$13.5M321
4NetherlandsNLD$10.9M521
5ItalyITA$10.4M311
6United KingdomGBR$9.8M401
7SingaporeSGP$9.6M371
8United Arab EmiratesARE$9.2M381
9JapanJPN$8.9M231
10CanadaCAN$8.7M351

HS6 product coverage

The products inside HS4 7316

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

1 classifications shownIron or steel
01
Iron or steel: anchors, grapnels and parts thereofHS6 731600

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.