# Iron or steel (HS4 7319) Trade Overview | Yugalinks

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Iron or steel at HS4 7319, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7319

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## Answer

The iron or steel subsector recorded $370.2M in reported global trade in 2024, with -2.8% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $370.2M |
| Latest annual change | -2.8% |
| Active exporters | 162 |
| Active importers | 197 |
| Active HS6 products | 2 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $201.1M | 2,173 | 2 |
| 1996 | $191.5M | 2,296 | 2 |
| 1997 | $185.3M | 2,261 | 2 |
| 1998 | $173.3M | 2,289 | 2 |
| 1999 | $184.3M | 2,525 | 2 |
| 2000 | $220.7M | 3,186 | 2 |
| 2001 | $192.1M | 3,198 | 2 |
| 2002 | $195.8M | 3,286 | 2 |
| 2003 | $224.0M | 3,308 | 2 |
| 2004 | $255.7M | 3,442 | 2 |
| 2005 | $252.0M | 3,534 | 2 |
| 2006 | $269.6M | 3,676 | 2 |
| 2007 | $289.5M | 3,642 | 2 |
| 2008 | $306.4M | 3,733 | 2 |
| 2009 | $271.3M | 3,783 | 2 |
| 2010 | $337.1M | 3,976 | 2 |
| 2011 | $373.3M | 4,211 | 2 |
| 2012 | $328.6M | 4,116 | 2 |
| 2013 | $301.3M | 3,993 | 2 |
| 2014 | $311.5M | 4,359 | 2 |
| 2015 | $291.0M | 4,238 | 2 |
| 2016 | $284.1M | 4,342 | 2 |
| 2017 | $336.8M | 4,290 | 2 |
| 2018 | $405.9M | 4,410 | 2 |
| 2019 | $311.2M | 4,345 | 2 |
| 2020 | $291.3M | 4,280 | 2 |
| 2021 | $338.4M | 4,530 | 2 |
| 2022 | $376.0M | 4,610 | 2 |
| 2023 | $379.6M | 4,649 | 2 |
| 2024 | $370.2M | 4,612 | 2 |

## Leading corridors

- China to USA, Puerto Rico and US Virgin Islands: $23.2M; growth +6.5%.
- USA, Puerto Rico and US Virgin Islands to Dominican Republic: $14.8M; growth +66.3%.
- China to Indonesia: $11.6M; growth +3%.
- China to Malaysia: $11.4M; growth +21.2%.
- China to India: $8.2M; growth +16.5%.
- China to Singapore: $6.4M; growth +95.8%.
- Malaysia to Singapore: $5.5M; growth +5.8%.
- Singapore to Malaysia: $5.3M; growth -7.4%.
- Malaysia to Thailand: $5.2M; growth +22.4%.
- USA, Puerto Rico and US Virgin Islands to Canada: $5.2M; growth +10.6%.

## HS6 products

- Iron or steel: sewing, darning or embroidery needles, for use in the hand (HS6 731910)
- Iron or steel: safety pins (HS6 731920)
- Iron or steel: pins, other than safety (HS6 731930)
- Safety pins and other pins: of iron or steel (HS6 731940)
- Iron or steel: knitting needles, bodkins, crochet hooks and similar articles, for use in the hand, n.e.s. in heading no. 7319 (HS6 731990)

## 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.