HS4 subsector intelligence

Iron or steel
HS4 7319 trade overview

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

HS4 73191995-2024 coverageGrowing
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$370.2MGlobal subsector value
02

Annual change

-2.8%Latest year on year
03

Exporters

162Active reporting countries
04

Importers

197Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$370.2M in trade, with +3% annualized growth over three years.

Iron or steel is recorded across 4,612 active corridors, with 162 exporters and 197 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: $201.1M1996: $191.5M1997: $185.3M1998: $173.3M1999: $184.3M2000: $220.7M2001: $192.1M2002: $195.8M2003: $224.0M2004: $255.7M2005: $252.0M2006: $269.6M2007: $289.5M2008: $306.4M2009: $271.3M2010: $337.1M2011: $373.3M2012: $328.6M2013: $301.3M2014: $311.5M2015: $291.0M2016: $284.1M2017: $336.8M2018: $405.9M2019: $311.2M2020: $291.3M2021: $338.4M2022: $376.0M2023: $379.6M2024: $370.2M
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
1ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$23.2M+6.5%211,883 kmNo
2USA, Puerto Rico and US Virgin IslandsUSADominican RepublicDOM$14.8M+66.3%22,495 kmYes
3ChinaCHNIndonesiaIDN$11.6M+3%24,425 kmYes
4ChinaCHNMalaysiaMYS$11.4M+21.2%23,737 kmYes
5ChinaCHNIndiaIND$8.2M+16.5%24,252 kmNo
6ChinaCHNSingaporeSGP$6.4M+95.8%23,797 kmYes
7MalaysiaMYSSingaporeSGP$5.5M+5.8%2316 kmYes
8SingaporeSGPMalaysiaMYS$5.3M-7.4%2316 kmYes
9MalaysiaMYSThailandTHA$5.2M+22.4%21,177 kmYes
10USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$5.2M+10.6%2556 kmYes

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$170.0M1922
2USA, Puerto Rico and US Virgin IslandsUSA$38.8M1392
3JapanJPN$27.3M1242
4MalaysiaMYS$17.3M1022
5GermanyDEU$15.3M1262
6SingaporeSGP$12.8M672
7FranceFRA$11.5M1312
8IndiaIND$10.5M1382
9Republic of KoreaKOR$9.2M1242
10TaiwanTWN$6.2M1112
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$36.9M652
2IndonesiaIDN$25.8M642
3MalaysiaMYS$25.3M472
4GermanyDEU$16.4M622
5IndiaIND$15.8M492
6Dominican RepublicDOM$15.8M202
7SingaporeSGP$14.7M422
8ThailandTHA$13.6M432
9CanadaCAN$12.7M642
10PhilippinesPHL$11.5M402

HS6 product coverage

The products inside HS4 7319

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

5 classifications shownIron or steel
01
Iron or steel: sewing, darning or embroidery needles, for use in the handHS6 731910
02
Iron or steel: safety pinsHS6 731920
03
Iron or steel: pins, other than safetyHS6 731930
04
Safety pins and other pins: of iron or steelHS6 731940
05
Iron or steel: knitting needles, bodkins, crochet hooks and similar articles, for use in the hand, n.e.s. in heading no. 7319HS6 731990

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.