Iron and non-alloy steel in ingots or other primary forms, etc.: South Korea exports and imports
HS 7206 · 잉곳(ingot)이나 그 밖의 일차제품(primary form) 형태인 철과 비합금강(제7203호의 철은 제외한다) · latest month: October 2026
In October 2026, South Korea exported $19,818 of iron and non-alloy steel in ingots or other primary forms, etc. (HS 7206), down 96.5% from September 2026 and down 97.5% from October 2025.
Over the 12 months to October 2026, exports of iron and non-alloy steel in ingots or other primary forms, etc. (HS 7206) totalled $2.6 million, down 57.3% from the 12 months before ($6.1 million).
The largest destination over the 12 months to October 2026 was Japan ($2.0 million, 78.5% of the total), followed by China and Indonesia.
That was 0.0% of South Korea's exports under HS chapter 72 (iron and steel) over the same 12 months.
Official description of HS 7206: Iron and non-alloy steel in ingots or other primary forms (excluding iron of heading 72.03).
Last 24 months
Subheadings under HS 7206
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 7206.10 | Ingots | $2.3M | 87.5% | -60.0% | $0 |
| 7206.90 | Other | $326K | 12.5% | -18.0% | $20K |
Six-digit codes are international; the indented ten-digit codes are South Korea's own subdivision. These rows are world totals; "Share" is the share of the row above.
Top destinations
Export value over the 12 months to October 2026. 9 countries received this product from South Korea in the last 24 months.
| Rank | Country | Exports, 12 months | Share | vs 12 months before | Rank before | October 2026 |
|---|---|---|---|---|---|---|
| 1 | Japan | $2.0M | 78.5% | -65.8% | 1 | $0 |
| 2 | China | $395K | 15.2% | – | – | $0 |
| 3 | Indonesia | $75K | 2.9% | +130.2% | 3 | $12K |
| 4 | Vietnam | $70K | 2.7% | +8.8% | 2 | $8,208 |
| 5 | United Arab Emirates | $17K | 0.7% | +19.8% | 4 | $0 |
| 6 | Saudi Arabia | $3,000 | 0.1% | – | – | $0 |
| – | Mexico | $0 | 0.0% | – | 6 | $0 |
| – | Philippines | $0 | 0.0% | – | 5 | $0 |
| – | Thailand | $0 | 0.0% | – | 7 | $0 |
Countries are linked when exports of this product to them reached $5,000,000 over 24 months.
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $20K | -97.5% | 13.7 t | $1.44 | $9,613 | 115 kg |
| September 2026 | $568K | +126.4% | 730 t | $0.78 | $9,874 | 4.4 t |
| August 2026 | $3,560 | -99.7% | 120 kg | $29.67 | $13K | 46 kg |
| July 2026 | $625K | – | 819 t | $0.76 | $106K | 37.1 t |
| June 2026 | $272K | +849.8% | 244 t | $1.12 | $3,291 | 167 kg |
| May 2026 | $58K | -95.9% | 9.1 t | $6.35 | $7,475 | 593 kg |
| April 2026 | $41K | – | 44.6 t | $0.92 | $3,264 | 3.3 t |
| March 2026 | $341K | -61.5% | 434 t | $0.79 | $26 | 2 kg |
| February 2026 | $270K | -64.0% | 191 t | $1.41 | $74 | 30 kg |
| January 2026 | $394K | +137.6% | 495 t | $0.80 | $99K | 99.8 t |
| December 2025 | $103 | -100.0% | 9 kg | $11.44 | $35K | 13.0 t |
| November 2025 | $8,480 | -83.2% | 16.0 t | $0.53 | $30K | 19.0 t |
| October 2025 | $799K | +801.3% | 994 t | $0.80 | $2,903 | 69 kg |
| September 2025 | $251K | -70.9% | 315 t | $0.80 | $43K | 2.7 t |
| August 2025 | $1.0M | -12.3% | 1,190 t | $0.87 | $3,389 | 26 kg |
| July 2025 | $3,926 | -99.5% | 140 kg | $28.04 | $371 | 7 kg |
| June 2025 | $29K | -78.0% | 21.1 t | $1.36 | $3,796 | 115 kg |
| May 2025 | $1.4M | +41.2% | 1,737 t | $0.80 | $96 | 37 kg |
| April 2025 | $0 | -100.0% | 0 kg | – | $21K | 14.2 t |
| March 2025 | $886K | -39.1% | 1,076 t | $0.82 | $5,215 | 69 kg |
| February 2025 | $750K | +585.7% | 924 t | $0.81 | $14K | 18.3 t |
| January 2025 | $166K | -89.6% | 61.8 t | $2.68 | $2,079 | 11 kg |
| December 2024 | $726K | +90.1% | 888 t | $0.82 | $593 | 1 kg |
| November 2024 | $51K | -95.9% | 24.0 t | $2.11 | $327 | 4 kg |
Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.