Iron and steel: South Korea exports to Canada
HS chapter 72 · 철강 · latest month: October 2026
In October 2026, South Korea exported $49.6 million of iron and steel (HS 72) to Canada, down 58.8% from September 2026 and up 17.7% from October 2025.
Over the 12 months to October 2026, exports of iron and steel (HS 72) to Canada totalled $651.1 million, up 28.4% from the 12 months before ($507.0 million).
Canada took 2.8% of South Korea's exports of this product over the 12 months to October 2026, ranking 11th of 148 destinations (13th in the 12 months before).
This product made up 5.3% of South Korea's goods exports to Canada over the same period.
The average export value in October 2026 was $1.14 per kg of net weight, compared with $1.18 per kg in October 2025.
Imports from Canada in October 2026 were $442,451 (down 73.3% from October 2025), leaving a surplus of $49.1 million for the month.
Last 24 months
Monthly figures
| Month | Exports | vs year earlier | Export weight | Export $/kg | Imports | Import weight |
|---|---|---|---|---|---|---|
| October 2026 | $49.6M | +17.7% | 43,610 t | $1.14 | $442K | 255 t |
| September 2026 | $120.4M | +106.1% | 122,148 t | $0.99 | $512K | 594 t |
| August 2026 | $81.4M | +94.9% | 85,781 t | $0.95 | $573K | 775 t |
| July 2026 | $29.6M | -17.8% | 28,508 t | $1.04 | $986K | 1,125 t |
| June 2026 | $42.7M | -1.3% | 32,261 t | $1.32 | $1.1M | 1,235 t |
| May 2026 | $83.7M | +140.0% | 80,492 t | $1.04 | $1.3M | 515 t |
| April 2026 | $32.6M | -34.7% | 33,957 t | $0.96 | $2.0M | 1,056 t |
| March 2026 | $63.0M | +20.1% | 74,371 t | $0.85 | $1.1M | 314 t |
| February 2026 | $62.2M | +48.1% | 58,033 t | $1.07 | $2.3M | 1,410 t |
| January 2026 | $31.6M | -13.6% | 32,421 t | $0.97 | $1.5M | 1,268 t |
| December 2025 | $34.7M | -28.1% | 31,598 t | $1.10 | $1.2M | 959 t |
| November 2025 | $19.6M | -8.2% | 17,204 t | $1.14 | $1.8M | 1,166 t |
| October 2025 | $42.1M | +11.5% | 35,702 t | $1.18 | $1.7M | 1,104 t |
| September 2025 | $58.5M | +64.8% | 73,420 t | $0.80 | $2.0M | 1,271 t |
| August 2025 | $41.7M | +57.9% | 40,554 t | $1.03 | $1.5M | 1,122 t |
| July 2025 | $36.0M | -32.9% | 33,914 t | $1.06 | $1.1M | 919 t |
| June 2025 | $43.2M | +49.0% | 49,331 t | $0.88 | $1.5M | 910 t |
| May 2025 | $34.9M | -44.7% | 37,185 t | $0.94 | $1.6M | 1,003 t |
| April 2025 | $49.9M | +6.7% | 46,751 t | $1.07 | $2.1M | 1,452 t |
| March 2025 | $52.5M | +24.1% | 51,077 t | $1.03 | $1.3M | 838 t |
| February 2025 | $42.0M | -19.3% | 45,103 t | $0.93 | $1.3M | 770 t |
| January 2025 | $36.6M | +10.3% | 40,295 t | $0.91 | $1.3M | 526 t |
| December 2024 | $48.3M | +69.0% | 52,333 t | $0.92 | $1.4M | 1,265 t |
| November 2024 | $21.4M | -38.4% | 19,830 t | $1.08 | $1.2M | 785 t |
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.
Largest headings exported to Canada
| Code | Product | Exports, 12 months | Share | vs 12 months before | October 2026 |
|---|---|---|---|---|---|
| 7216 | Angles, shapes and sections of iron or non-alloy steel | $197.3M | 30.3% | +13.6% | $15.5M |
| 7210 | Flat-rolled iron or non-alloy steel, coated or plated | $182.2M | 28.0% | +18.4% | $15.5M |
| 7225 | Flat-rolled products of other alloy steel | $107.1M | 16.4% | +52.2% | $10.6M |
| 7208 | Flat-rolled iron or non-alloy steel, hot-rolled | $83.5M | 12.8% | +73.5% | $2.4M |
| 7217 | Wire or iron or non-alloy steel | $22.5M | 3.5% | +20.4% | $1.4M |
| 7228 | Bars, rods, angles and sections of other alloy steel | $18.5M | 2.8% | +12.0% | $2.8M |
| 7207 | Semi-finished products of iron or non-alloy steel | $15.1M | 2.3% | – | $0 |
| 7229 | Wire of other alloy steel | $7.3M | 1.1% | +5.6% | $412K |
| 7219 | Flat-rolled products of stainless steel | $6.3M | 1.0% | +7.2% | $139K |
| 7227 | Bars and rods, hot-rolled, in irregularly wound coils, of other alloy steel | $3.3M | 0.5% | +4.0% | $108K |
| 7212 | Narrow flat-rolled iron or non-alloy steel (under 600 mm), coated or plated | $3.3M | 0.5% | -3.8% | $0 |
| 7223 | Wire of stainless steel | $1.3M | 0.2% | -34.3% | $61K |
| 7221 | Bars and rods, hot-rolled, in irregularly wound coils, of stainless steel | $1.3M | 0.2% | +9.3% | $320K |
| 7213 | Hot-rolled bars and rods of iron or non-alloy steel, in coils | $868K | 0.1% | – | $346K |
| 7202 | Ferro-alloys | $446K | 0.1% | -39.8% | $0 |
| 7226 | Flat-rolled other alloy steel, under 600 mm wide | $340K | 0.1% | -30.2% | $0 |
| 7211 | Narrow flat-rolled iron or non-alloy steel (under 600 mm), not coated | $192K | 0.0% | +269.4% | $15K |
| 7214 | Other bars and rods of iron or non-alloy steel, forged or hot-rolled | $139K | 0.0% | -50.5% | $0 |
| 7222 | Other bars and rods of stainless steel, etc. | $86K | 0.0% | +383.3% | $2,650 |
| 7215 | Other bars and rods of iron or non-alloy steel | $65K | 0.0% | -33.6% | $0 |
See also: Iron and steel to all countries · all exports to Canada