Korea Trade Data

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

Exports, October 2026
$20K
-96.5% vs previous month
vs same month a year earlier
-97.5%
export value
Exports, last 12 months
$2.6M
-57.3% vs 12 months before
Imports, October 2026
$9,613
Export value per kg
$1.44
net weight, 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

Monthly exportsExport value in US dollars (FOB).
$0M$0.5M$1M$1.5MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $50,578December 2024: $725,631January 2025: $165,650February 2025: $750,009March 2025: $886,254April 2025: $0May 2025: $1.4 millionJune 2025: $28,681July 2025: $3,926August 2025: $1.0 millionSeptember 2025: $250,657October 2025: $799,052November 2025: $8,480December 2025: $103January 2026: $393,646February 2026: $269,684March 2026: $340,823April 2026: $41,265May 2026: $57,661June 2026: $272,412July 2026: $625,453August 2026: $3,560September 2026: $567,534October 2026: $19,818
Monthly importsImport value in US dollars (CIF).
$0K$50K$100K$150KOct ’26May ’26Dec ’25Jul ’25Feb ’25$9.61KNovember 2024: $327December 2024: $593January 2025: $2,079February 2025: $13,964March 2025: $5,215April 2025: $21,491May 2025: $96June 2025: $3,796July 2025: $371August 2025: $3,389September 2025: $42,529October 2025: $2,903November 2025: $30,306December 2025: $34,656January 2026: $98,836February 2026: $74March 2026: $26April 2026: $3,264May 2026: $7,475June 2026: $3,291July 2026: $105,788August 2026: $12,608September 2026: $9,874October 2026: $9,613

Subheadings under HS 7206

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
7206.10Ingots$2.3M 87.5%-60.0%$0
7206.90Other$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.

RankCountryExports, 12 monthsSharevs 12 months before Rank beforeOctober 2026
1Japan $2.0M78.5%-65.8%1 $0
2China $395K15.2%–– $0
3Indonesia $75K2.9%+130.2%3 $12K
4Vietnam $70K2.7%+8.8%2 $8,208
5United Arab Emirates $17K0.7%+19.8%4 $0
6Saudi Arabia $3,0000.1%–– $0
–Mexico $00.0%–6 $0
–Philippines $00.0%–5 $0
–Thailand $00.0%–7 $0

Countries are linked when exports of this product to them reached $5,000,000 over 24 months.

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$20K-97.5%13.7 t $1.44$9,613115 kg
September 2026$568K+126.4%730 t $0.78$9,8744.4 t
August 2026$3,560-99.7%120 kg $29.67$13K46 kg
July 2026$625K–819 t $0.76$106K37.1 t
June 2026$272K+849.8%244 t $1.12$3,291167 kg
May 2026$58K-95.9%9.1 t $6.35$7,475593 kg
April 2026$41K–44.6 t $0.92$3,2643.3 t
March 2026$341K-61.5%434 t $0.79$262 kg
February 2026$270K-64.0%191 t $1.41$7430 kg
January 2026$394K+137.6%495 t $0.80$99K99.8 t
December 2025$103-100.0%9 kg $11.44$35K13.0 t
November 2025$8,480-83.2%16.0 t $0.53$30K19.0 t
October 2025$799K+801.3%994 t $0.80$2,90369 kg
September 2025$251K-70.9%315 t $0.80$43K2.7 t
August 2025$1.0M-12.3%1,190 t $0.87$3,38926 kg
July 2025$3,926-99.5%140 kg $28.04$3717 kg
June 2025$29K-78.0%21.1 t $1.36$3,796115 kg
May 2025$1.4M+41.2%1,737 t $0.80$9637 kg
April 2025$0-100.0%0 kg –$21K14.2 t
March 2025$886K-39.1%1,076 t $0.82$5,21569 kg
February 2025$750K+585.7%924 t $0.81$14K18.3 t
January 2025$166K-89.6%61.8 t $2.68$2,07911 kg
December 2024$726K+90.1%888 t $0.82$5931 kg
November 2024$51K-95.9%24.0 t $2.11$3274 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.