# Iron or steel (HS4 7316) Trade Overview | Yugalinks

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Iron or steel at HS4 7316, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7316

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## Answer

The iron or steel subsector recorded $268.4M in reported global trade in 2024, with -6.3% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $268.4M |
| Latest annual change | -6.3% |
| Active exporters | 129 |
| Active importers | 193 |
| Active HS6 products | 1 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $77.8M | 1,324 | 1 |
| 1996 | $95.1M | 1,413 | 1 |
| 1997 | $89.0M | 1,507 | 1 |
| 1998 | $98.3M | 1,510 | 1 |
| 1999 | $85.4M | 1,533 | 1 |
| 2000 | $81.7M | 1,696 | 1 |
| 2001 | $84.8M | 1,774 | 1 |
| 2002 | $89.1M | 1,835 | 1 |
| 2003 | $132.7M | 1,854 | 1 |
| 2004 | $137.3M | 1,993 | 1 |
| 2005 | $164.9M | 2,049 | 1 |
| 2006 | $257.7M | 2,303 | 1 |
| 2007 | $295.4M | 2,248 | 1 |
| 2008 | $354.1M | 2,305 | 1 |
| 2009 | $321.3M | 2,474 | 1 |
| 2010 | $247.4M | 2,378 | 1 |
| 2011 | $274.6M | 2,483 | 1 |
| 2012 | $294.8M | 2,550 | 1 |
| 2013 | $264.8M | 2,524 | 1 |
| 2014 | $318.5M | 2,798 | 1 |
| 2015 | $286.9M | 2,629 | 1 |
| 2016 | $235.7M | 2,673 | 1 |
| 2017 | $215.3M | 2,705 | 1 |
| 2018 | $253.8M | 2,749 | 1 |
| 2019 | $243.5M | 2,681 | 1 |
| 2020 | $228.0M | 2,503 | 1 |
| 2021 | $254.0M | 2,615 | 1 |
| 2022 | $271.9M | 2,599 | 1 |
| 2023 | $286.4M | 2,710 | 1 |
| 2024 | $268.4M | 2,584 | 1 |

## Leading corridors

- China to Brazil: $22.7M; growth +327.2%.
- China to USA, Puerto Rico and US Virgin Islands: $20.4M; growth -13.3%.
- India to USA, Puerto Rico and US Virgin Islands: $10.2M; growth +24.2%.
- China to Japan: $6.7M; growth +5.9%.
- Indonesia to Australia: $5.7M; growth +6,217.9%.
- China to Italy: $5.4M; growth +40.9%.
- China to Republic of Korea: $5.2M; growth +5.6%.
- China to Singapore: $4.7M; growth +6.2%.
- Netherlands to Côte d\'Ivoire: $4.6M; growth +319.9%.
- China to Netherlands: $4.5M; growth +11.4%.

## HS6 products

- Iron or steel: anchors, grapnels and parts thereof (HS6 731600)

## 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.