# Iron or steel (HS4 7318) Trade Overview | Yugalinks

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Iron or steel at HS4 7318, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7318

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## Answer

The iron or steel subsector recorded $48.1B in reported global trade in 2024, with -0.3% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $48.1B |
| Latest annual change | -0.3% |
| Active exporters | 199 |
| Active importers | 199 |
| Active HS6 products | 12 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $9.3B | 5,217 | 12 |
| 1996 | $9.4B | 5,407 | 12 |
| 1997 | $9.5B | 5,470 | 12 |
| 1998 | $10.1B | 5,551 | 12 |
| 1999 | $10.6B | 5,967 | 12 |
| 2000 | $11.7B | 7,682 | 12 |
| 2001 | $11.0B | 7,940 | 12 |
| 2002 | $11.6B | 8,144 | 12 |
| 2003 | $13.7B | 8,411 | 12 |
| 2004 | $17.3B | 8,693 | 12 |
| 2005 | $19.6B | 8,971 | 12 |
| 2006 | $22.5B | 9,381 | 12 |
| 2007 | $27.4B | 9,800 | 12 |
| 2008 | $31.0B | 9,958 | 12 |
| 2009 | $22.2B | 10,236 | 12 |
| 2010 | $28.9B | 10,486 | 12 |
| 2011 | $35.2B | 10,928 | 12 |
| 2012 | $34.7B | 11,348 | 12 |
| 2013 | $36.0B | 11,388 | 12 |
| 2014 | $38.3B | 11,675 | 12 |
| 2015 | $35.3B | 11,839 | 12 |
| 2016 | $35.0B | 12,102 | 12 |
| 2017 | $38.3B | 12,228 | 12 |
| 2018 | $43.0B | 12,516 | 12 |
| 2019 | $41.0B | 12,630 | 12 |
| 2020 | $37.2B | 12,154 | 12 |
| 2021 | $46.3B | 12,526 | 12 |
| 2022 | $50.9B | 12,679 | 12 |
| 2023 | $48.4B | 12,805 | 12 |
| 2024 | $48.1B | 12,789 | 12 |

## Leading corridors

- Taiwan to USA, Puerto Rico and US Virgin Islands: $1.9B; growth -4.8%.
- USA, Puerto Rico and US Virgin Islands to Mexico: $1.7B; growth +5.2%.
- China to USA, Puerto Rico and US Virgin Islands: $1.2B; growth +2.3%.
- USA, Puerto Rico and US Virgin Islands to Canada: $946.1M; growth +1.3%.
- Italy to Germany: $621.5M; growth -0.5%.
- Japan to USA, Puerto Rico and US Virgin Islands: $612.5M; growth -1.7%.
- Germany to China: $589.4M; growth -6.1%.
- China to Russia: $567.4M; growth +2.7%.
- Germany to France: $504.5M; growth -3.5%.
- Germany to USA, Puerto Rico and US Virgin Islands: $503.9M; growth +1.7%.

## HS6 products

- Iron or steel: threaded coach screws (HS6 731811)
- Iron or steel: threaded wood screws other than coach screws (HS6 731812)
- Iron or steel: threaded screw hooks and screw rings (HS6 731813)
- Iron or steel: threaded self-tapping screws (HS6 731814)
- Iron or steel: threaded screws and bolts n.e.s. in item no. 7318.1, whether or not with their nuts or washers (HS6 731815)
- Iron or steel: threaded nuts (HS6 731816)
- Iron or steel: threaded screws, bolts and nuts n.e.s. in item no. 7318.1 (HS6 731819)
- Iron or steel: non-threaded spring washers and other lock washers (HS6 731821)
- Iron or steel: non-threaded washers, excluding spring and lock (HS6 731822)
- Iron or steel: non-threaded rivets (HS6 731823)
- Iron or steel: non-threaded cotters and cotter-pins (HS6 731824)
- Iron or steel: non-threaded articles, n.e.c. in item no. 7318.2 (HS6 731829)

## 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.