UN Comtrade • Latest complete year: 2024
73 - Iron or steel articles (HS 73)
Global exports
$357.76B
Global imports
$332.67B
Top exporter share
27.9%
Top importer share
15.8%
- In 2024, world exports of Iron or steel articles reached $357.8B, while imports were valued at $332.7B.
- China was the top exporter, shipping $99.9B worth of goods, which accounts for 27.9% of the global total.
- The United States was the largest importer, with imports valued at $52.7B, representing 15.8% of the world's total.
- Germany was the second-largest exporter with shipments valued at $33.6B (a 9.4% share).
- The top three exporters—China, Germany, and the United States—collectively accounted for 43.7% of all exports.
Leading Exporters of Iron and Steel Articles
In the export market for Iron or steel articles, China stands as the clear leader with $99.9B in exports, making up 27.9% of the total market in 2024. Following at a distance is Germany, with exports of $33.6B (a 9.4% share). The United States holds the third position, exporting $23.0B worth of these articles.
See also: ChinaGermanyUnited States
Major Importers of Iron and Steel Articles
On the import side, the United States is the primary destination, with purchases amounting to $52.7B or 15.8% of the global total in 2024. Germany follows as the second-largest importer with $26.3B in goods. Other significant importers are France ($13.6B) and Canada ($11.6B), highlighting the strong demand in North America and Europe.
See also: United StatesGermanyFrance
Quick insights
- China is the top exporter (27.9% of reported exports).
- USA is the top importer (15.8% of reported imports).
- Top 3 exporter concentration: 43.7%.
- Top 5 exporter concentration: 53.0%.
Notes: Shares are relative to reported totals in the dataset for the selected year.
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Iron or steel articles - product groups (4-digit) by top countries (Exports), 2024 (USD)
Top 10 countries with the leading 6 product groups (4-digit); remainder grouped as Other.
Flow: Exports | Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
Iron or steel articles - country rank by trade value (Exports), 2015-2024 (USD)
Ranks show the top 10 countries by latest-year value (rank 1 is largest).
Flow: Exports | Years: 2015-2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
Global export trend
Iron or steel articles - exports over time (Exports), 2015-2024 (USD)
Annual reported exports across available years.
Flow: Exports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
HS4 drilldown
Built: 2026-01-12T08:07:48Z • Snapshot: 20251222
HS4 subcategories within HS 73 for 2024 (partner = World). Values are summed across reporting economies; coverage varies by reporter and year.
Exports
Coverage vs HS2: 98.9%
Iron or steel articles - top 4-digit product groups by export share (Exports), 2024 (USD)
Leading 4-digit product groups by export value.
Flow: Exports | Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
| HS4 | Subcategory | Value | Share |
|---|---|---|---|
| 7308 | Structures of iron or steel and… | $69.49B | 19.4% |
| 7326 | Iron or steel; articles, n.e.c.… | $67.31B | 18.8% |
| 7318 | Screws, bolts, nuts, coach scre… | $42.98B | 12.0% |
| 7304 | Tubes, pipes and hollow profile… | $24.84B | 6.9% |
| 7306 | Iron or steel (excluding cast i… | $22.82B | 6.4% |
| 7307 | Tube or pipe fittings (e.g. cou… | $20.21B | 5.6% |
| 7323 | Table, kitchen, other household… | $15.68B | 4.4% |
| 7321 | Stoves, ranges, grates, cookers… | $11.20B | 3.1% |
| 7320 | Springs and leaves for springs,… | $8.01B | 2.2% |
| 7305 | Iron or steel (excluding cast i… | $7.90B | 2.2% |
| 7325 | Iron or steel; cast articles | $7.58B | 2.1% |
| 7310 | Tanks, casks, drums, cans, boxe… | $7.40B | 2.1% |
Subcategory names are truncated; hover to see the full description.
Fastest-growing HS4 (CAGR 2019–2024)
Filter: start-year value ≥ $1.00M
| HS4 | Subcategory | CAGR | 2024 value |
|---|---|---|---|
| 7302 | Railway or tramway track constr… | 6.9% | $4.61B |
| 7308 | Structures of iron or steel and… | 6.2% | $69.49B |
| 7324 | Sanitary ware and parts thereof… | 5.6% | $4.50B |
| 7326 | Iron or steel; articles, n.e.c.… | 5.5% | $67.31B |
| 7319 | Sewing and knitting needles, bo… | 4.5% | $332.43M |
| 7311 | Containers for compressed or li… | 4.2% | $4.47B |
| 7318 | Screws, bolts, nuts, coach scre… | 3.9% | $42.98B |
| 7323 | Table, kitchen, other household… | 3.8% | $15.68B |
Imports
Coverage vs HS2: 99.2%
Iron or steel articles - top 4-digit product groups by import share (Imports), 2024 (USD)
Leading 4-digit product groups by import value.
Flow: Imports | Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade
| HS4 | Subcategory | Value | Share |
|---|---|---|---|
| 7326 | Iron or steel; articles, n.e.c.… | $60.95B | 18.3% |
| 7308 | Structures of iron or steel and… | $58.86B | 17.7% |
| 7318 | Screws, bolts, nuts, coach scre… | $46.43B | 14.0% |
| 7304 | Tubes, pipes and hollow profile… | $24.87B | 7.5% |
| 7306 | Iron or steel (excluding cast i… | $23.03B | 6.9% |
| 7307 | Tube or pipe fittings (e.g. cou… | $21.30B | 6.4% |
| 7323 | Table, kitchen, other household… | $13.26B | 4.0% |
| 7321 | Stoves, ranges, grates, cookers… | $10.06B | 3.0% |
| 7320 | Springs and leaves for springs,… | $7.60B | 2.3% |
| 7305 | Iron or steel (excluding cast i… | $7.24B | 2.2% |
| 7312 | Stranded wire, ropes, cables, p… | $7.12B | 2.1% |
| 7310 | Tanks, casks, drums, cans, boxe… | $6.49B | 2.0% |
Subcategory names are truncated; hover to see the full description.
Fastest-growing HS4 (CAGR 2019–2024)
Filter: start-year value ≥ $1.00M
| HS4 | Subcategory | CAGR | 2024 value |
|---|---|---|---|
| 7313 | Barbed wire of iron or steel; t… | 5.3% | $225.45M |
| 7302 | Railway or tramway track constr… | 4.7% | $4.72B |
| 7309 | Reservoirs, tanks, vats and sim… | 4.6% | $4.31B |
| 7308 | Structures of iron or steel and… | 4.5% | $58.86B |
| 7311 | Containers for compressed or li… | 3.9% | $3.76B |
| 7323 | Table, kitchen, other household… | 3.1% | $13.26B |
| 7301 | Iron or steel sheet piling, whe… | 2.7% | $1.97B |
| 7318 | Screws, bolts, nuts, coach scre… | 1.8% | $46.43B |
Explore country profiles
Jump from this HS2 product to the country trade pages for the largest exporters and importers.
Top exporters
Top trade routes
Top exporter → importer routes among the largest exporters (bounded at build-time).
| Exporter | Importer | Value | Share of exports |
|---|---|---|---|
| China (CHN) | USA (USA) | $14.04B | 3.9% |
| USA (USA) | Mexico (MEX) | $7.96B | 2.2% |
| Mexico (MEX) | USA (USA) | $7.75B | 2.2% |
| USA (USA) | Canada (CAN) | $6.69B | 1.9% |
| Canada (CAN) | USA (USA) | $5.76B | 1.6% |
| China (CHN) | Rep. of Korea (KOR) | $4.38B | 1.2% |
| Poland (POL) | Germany (DEU) | $3.95B | 1.1% |
| China (CHN) | Japan (JPN) | $3.80B | 1.1% |
| China (CHN) | Viet Nam (VNM) | $3.66B | 1.0% |
| China (CHN) | Indonesia (IDN) | $3.66B | 1.0% |
| China (CHN) | Thailand (THA) | $3.49B | 1.0% |
| Italy (ITA) | Germany (DEU) | $3.27B | 0.9% |
| China (CHN) | Malaysia (MYS) | $3.22B | 0.9% |
| Rep. of Korea (KOR) | USA (USA) | $3.08B | 0.9% |
| China (CHN) | Australia (AUS) | $3.07B | 0.9% |
Data notes & methodology
Source: UN Comtrade
Exports total: $357.76B • Imports total: $332.67B
Canonical: https://tradevedia.com/product/hs2/73/