# Iron or steel (HS4 7323) Trade Overview | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.
>
> [Follow Yugalinks on LinkedIn](https://in.linkedin.com/company/yugalinks)

Iron or steel at HS4 7323, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/7323

## Explore Yugalinks

- [Open the trade workspace](https://www.yugalinks.com/app)
- [Read the methodology](https://www.yugalinks.com/methodology)
- [Review data sources](https://www.yugalinks.com/data-sources)
- [Check data coverage](https://www.yugalinks.com/data-coverage)
- [Read Responsible AI principles](https://www.yugalinks.com/responsible-ai)

## Answer

The iron or steel subsector recorded $15.8B in reported global trade in 2024, with +7.6% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $15.8B |
| Latest annual change | +7.6% |
| Active exporters | 198 |
| Active importers | 200 |
| Active HS6 products | 6 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $3.3B | 4,628 | 6 |
| 1996 | $3.5B | 4,839 | 6 |
| 1997 | $3.6B | 4,856 | 6 |
| 1998 | $3.5B | 4,958 | 6 |
| 1999 | $3.9B | 5,288 | 6 |
| 2000 | $4.2B | 6,349 | 6 |
| 2001 | $4.2B | 6,400 | 6 |
| 2002 | $4.6B | 6,774 | 6 |
| 2003 | $5.2B | 6,970 | 6 |
| 2004 | $5.6B | 7,173 | 6 |
| 2005 | $5.9B | 7,324 | 6 |
| 2006 | $6.5B | 7,517 | 6 |
| 2007 | $7.4B | 7,717 | 6 |
| 2008 | $7.9B | 7,905 | 6 |
| 2009 | $7.0B | 8,144 | 6 |
| 2010 | $8.3B | 8,225 | 6 |
| 2011 | $9.2B | 8,487 | 6 |
| 2012 | $9.5B | 8,612 | 6 |
| 2013 | $10.1B | 8,688 | 6 |
| 2014 | $10.7B | 9,081 | 6 |
| 2015 | $10.6B | 9,182 | 6 |
| 2016 | $10.3B | 9,300 | 6 |
| 2017 | $11.0B | 9,526 | 6 |
| 2018 | $11.6B | 9,600 | 6 |
| 2019 | $12.5B | 9,625 | 6 |
| 2020 | $13.6B | 9,221 | 6 |
| 2021 | $17.2B | 9,729 | 6 |
| 2022 | $16.7B | 9,760 | 6 |
| 2023 | $14.8B | 9,892 | 6 |
| 2024 | $15.8B | 9,786 | 6 |

## Leading corridors

- China to USA, Puerto Rico and US Virgin Islands: $3.0B; growth -3.7%.
- China to Germany: $523.8M; growth -4.6%.
- China to Malaysia: $400.3M; growth -3.5%.
- China to Republic of Korea: $364.1M; growth +3.1%.
- China to United Kingdom: $311.9M; growth -8.2%.
- China to Japan: $311.1M; growth -6.9%.
- China to Viet Nam: $278.8M; growth +1.5%.
- China to Singapore: $277.1M; growth +15.6%.
- China to Canada: $260.0M; growth -4.2%.
- China to Thailand: $245.2M; growth -6.1%.

## HS6 products

- Iron or steel: wool, pot scourers and scouring or polishing pads, gloves and the like (HS6 732310)
- Cast iron: table, kitchen and other household articles and parts thereof, of cast iron, not enamelled (HS6 732391)
- Cast iron: table, kitchen and other household articles and parts thereof, of cast iron, enamelled (HS6 732392)
- Steel, stainless: table, kitchen and other household articles and parts thereof (HS6 732393)
- Iron (excluding cast) or steel: table, kitchen and other household articles and parts thereof, enamelled (HS6 732394)
- Iron or steel: table, kitchen and other household articles and parts thereof, of iron or steel n.e.s. in heading no. 7323 (HS6 732399)

## 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.

## Continue your research

- [Explore HS4 7323 in the workspace](https://www.yugalinks.com/app?hs=7323)
- [Open the Yugalinks workspace](https://www.yugalinks.com/app)

## Other formats

- [HTML](https://www.yugalinks.com/trade/sector/hs4/7323/index.html)
- [JSON](https://www.yugalinks.com/trade/sector/hs4/7323/index.json)
- [JSON-LD](https://www.yugalinks.com/trade/sector/hs4/7323/index.ld.json)


## Continue your research

- [Explore HS4 7323 in the workspace](https://www.yugalinks.com/app?hs=7323)
- [Open the Yugalinks workspace](https://www.yugalinks.com/app)

## 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.