HS4 subsector intelligence

Iron or steel
HS4 7318 trade overview

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

HS4 73181995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$48.1BGlobal subsector value
02

Annual change

-0.3%Latest year on year
03

Exporters

199Active reporting countries
04

Importers

199Active reporting countries
05

HS6 products

12Classifications inside HS4

The subsector read

$48.1B in trade, with +1.3% annualized growth over three years.

Iron or steel is recorded across 12,789 active corridors, with 199 exporters and 199 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: $9.3B1996: $9.4B1997: $9.5B1998: $10.1B1999: $10.6B2000: $11.7B2001: $11.0B2002: $11.6B2003: $13.7B2004: $17.3B2005: $19.6B2006: $22.5B2007: $27.4B2008: $31.0B2009: $22.2B2010: $28.9B2011: $35.2B2012: $34.7B2013: $36.0B2014: $38.3B2015: $35.3B2016: $35.0B2017: $38.3B2018: $43.0B2019: $41.0B2020: $37.2B2021: $46.3B2022: $50.9B2023: $48.4B2024: $48.1B
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
1TaiwanTWNUSA, Puerto Rico and US Virgin IslandsUSA$1.9B-4.8%1212,555 kmNo
2USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$1.7B+5.2%123,359 kmYes
3ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$1.2B+2.3%1211,883 kmNo
4USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$946.1M+1.3%12556 kmYes
5ItalyITAGermanyDEU$621.5M-0.5%121,184 kmYes
6JapanJPNUSA, Puerto Rico and US Virgin IslandsUSA$612.5M-1.7%1210,872 kmNo
7GermanyDEUChinaCHN$589.4M-6.1%128,415 kmNo
8ChinaCHNRussiaRUS$567.4M+2.7%126,831 kmNo
9GermanyDEUFranceFRA$504.5M-3.5%12881 kmYes
10GermanyDEUUSA, Puerto Rico and US Virgin IslandsUSA$503.9M+1.7%126,402 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$9.6B19812
2GermanyDEU$6.9B18812
3USA, Puerto Rico and US Virgin IslandsUSA$5.3B18312
4TaiwanTWN$4.8B16912
5ItalyITA$2.6B17812
6JapanJPN$2.6B17812
7FranceFRA$1.7B18912
8Republic of KoreaKOR$1.1B17612
9United KingdomGBR$1.0B17712
10IndiaIND$921.3M18812
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$6.7B13412
2GermanyDEU$4.3B12712
3MexicoMEX$3.1B10212
4ChinaCHN$2.2B12512
5CanadaCAN$1.9B16912
6FranceFRA$1.9B15812
7United KingdomGBR$1.5B12012
8PolandPOL$1.4B12512
9ItalyITA$1.2B9012
10NetherlandsNLD$1.2B11912

HS6 product coverage

The products inside HS4 7318

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

12 classifications shownIron or steel
01
Iron or steel: threaded coach screwsHS6 731811
02
Iron or steel: threaded wood screws other than coach screwsHS6 731812
03
Iron or steel: threaded screw hooks and screw ringsHS6 731813
04
Iron or steel: threaded self-tapping screwsHS6 731814
05
Iron or steel: threaded screws and bolts n.e.s. in item no. 7318.1, whether or not with their nuts or washersHS6 731815
06
Iron or steel: threaded nutsHS6 731816
07
Iron or steel: threaded screws, bolts and nuts n.e.s. in item no. 7318.1HS6 731819
08
Iron or steel: non-threaded spring washers and other lock washersHS6 731821
09
Iron or steel: non-threaded washers, excluding spring and lockHS6 731822
10
Iron or steel: non-threaded rivetsHS6 731823
11
Iron or steel: non-threaded cotters and cotter-pinsHS6 731824
12
Iron or steel: non-threaded articles, n.e.c. in item no. 7318.2HS6 731829

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.