Latest trade
$67.3BGlobal subsector valueHS4 subsector intelligence
Iron or steel
HS4 7326 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
-2%Latest year on yearExporters
200Active reporting countriesImporters
200Active reporting countriesHS6 products
4Classifications inside HS4The subsector read
$67.3B in trade, with +2.8% annualized growth over three years.
Iron or steel is recorded across 13,156 active corridors, with 200 exporters and 200 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
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
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | MexicoMEX | $2.8B | +10.1% | 4 | 3,359 km | Yes |
| 2 | ChinaCHN | USA, Puerto Rico and US Virgin IslandsUSA | $2.7B | +3.8% | 4 | 11,883 km | No |
| 3 | MexicoMEX | USA, Puerto Rico and US Virgin IslandsUSA | $1.8B | +10.2% | 4 | 3,359 km | Yes |
| 4 | ChinaCHN | Viet NamVNM | $1.3B | +14% | 4 | 2,732 km | Yes |
| 5 | ChinaCHN | ThailandTHA | $1.3B | +22.9% | 4 | 2,887 km | Yes |
| 6 | CanadaCAN | USA, Puerto Rico and US Virgin IslandsUSA | $1.0B | +7.1% | 4 | 556 km | Yes |
| 7 | ChinaCHN | JapanJPN | $892.3M | -4.3% | 4 | 1,763 km | No |
| 8 | ChinaCHN | Republic of KoreaKOR | $882.0M | +1.3% | 4 | 867 km | Yes |
| 9 | USA, Puerto Rico and US Virgin IslandsUSA | CanadaCAN | $870.2M | +2.9% | 4 | 556 km | Yes |
| 10 | ChinaCHN | GermanyDEU | $838.1M | +2.1% | 4 | 8,415 km | No |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | ChinaCHN | $17.8B | 200 | 4 |
| 2 | GermanyDEU | $6.3B | 188 | 4 |
| 3 | USA, Puerto Rico and US Virgin IslandsUSA | $6.2B | 186 | 4 |
| 4 | ItalyITA | $3.5B | 181 | 4 |
| 5 | FranceFRA | $2.1B | 186 | 4 |
| 6 | PolandPOL | $2.0B | 165 | 4 |
| 7 | MexicoMEX | $2.0B | 141 | 4 |
| 8 | CzechiaCZE | $1.8B | 171 | 4 |
| 9 | JapanJPN | $1.7B | 174 | 4 |
| 10 | Republic of KoreaKOR | $1.6B | 172 | 4 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $8.7B | 149 | 4 |
| 2 | GermanyDEU | $6.1B | 136 | 4 |
| 3 | MexicoMEX | $4.0B | 103 | 4 |
| 4 | FranceFRA | $2.8B | 156 | 4 |
| 5 | ThailandTHA | $2.4B | 123 | 4 |
| 6 | ChinaCHN | $2.2B | 133 | 4 |
| 7 | Viet NamVNM | $1.9B | 76 | 4 |
| 8 | JapanJPN | $1.9B | 90 | 4 |
| 9 | United KingdomGBR | $1.8B | 129 | 4 |
| 10 | Republic of KoreaKOR | $1.7B | 113 | 4 |
HS6 product coverage
The products inside HS4 7326
Six-digit classifications make the subsector specific. Browse the product workspace ↗
4 classifications shownIron or steel
Iron or steel: grinding balls and similar articles for mills, forged or stamped, but not further workedHS6 732611
Iron or steel: articles n.e.s. in item no. 7326.11, forged or stamped, but not further workedHS6 732619
Iron or steel: wire articlesHS6 732620
Iron or steel: articles n.e.s. in heading no. 7326HS6 732690
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
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.