Heading · Chapter 72

7218

7218: Stainless steel in ingots or other primary forms; semi-finished products of stainless steel

Heading 7218 is divided into 3 six-digit subheadings and sits in chapter 72, iron and steel.

Duty rates compared

Subheadings 3

EU: imports by month

last 12 months€874.6m-3.2% · previous 12 months
Average import price€1.88 per kg
Jan 2024: €50.1mFeb 2024: €56.9mMar 2024: €61mApr 2024: €76mMay 2024: €75.9mJun 2024: €63.3mJul 2024: €71.6mAug 2024: €52.8mSept 2024: €112.8mOct 2024: €81.4mNov 2024: €93.9mDec 2024: €46.5mJan 2025: €36mFeb 2025: €81.4mMar 2025: €77.7mApr 2025: €69.9mMay 2025: €106.5mJun 2025: €105.5mJul 2025: €62.6mAug 2025: €29.3mSept 2025: €44.6mOct 2025: €58.5mNov 2025: €130.4mDec 2025: €156.3mJan 2026: €30.9mFeb 2026: €29.3mMar 2026: €56.9mApr 2026: €45.8mMay 2026: €51.9mJun 2026: €153.2mJul 2026: €42.9mAug 2026: €74m 202420252026
Data up to August 2026 (provisional) · Monthly data: Eurostat Comext (CC BY 4.0), HMRC (OGL v3.0)

World trade in 2024

7218 · US$5bn

Trade value (US$) no reported trade < US$729kUS$729k+US$9m+US$59m+> US$319m

Exports: 98
  1. Indonesia: US$3bn
  2. United Kingdom: US$848m
  3. Sweden: US$319m
  4. Italy: US$217m
  5. Austria: US$123m
  6. Germany: US$122m
  7. Spain: US$89m
  8. France: US$78m
  9. United States: US$69m
  10. Belgium: US$59m
  11. Canada: US$46m
  12. India: US$45m
  13. Netherlands: US$35m
  14. China: US$33m
  15. Taiwan: US$30m
  16. Mexico: US$29m
  17. South Korea: US$17m
  18. Vietnam: US$13m
  19. Finland: US$11m
  20. Japan: US$11m
  21. Portugal: US$11m
  22. Kazakhstan: US$10m
  23. Australia: US$9m
  24. Denmark: US$9m
  25. Czechia: US$8m
  26. Slovenia: US$8m
  27. Singapore: US$7m
  28. Malaysia: US$4m
  29. Russia: US$4m
  30. Slovakia: US$3m
  31. Hungary: US$3m
  32. Poland: US$3m
  33. Brazil: US$3m
  34. Iran: US$3m
  35. Ukraine: US$2m
  36. Azerbaijan: US$2m
  37. Bulgaria: US$2m
  38. Zambia: US$2m
  39. United Arab Emirates: US$2m
  40. Norway: US$1m
  41. Türkiye: US$1m
  42. South Africa: US$1m
  43. Estonia: US$1m
  44. Croatia: US$960k
  45. Hong Kong SAR China: US$951k
  46. Thailand: US$754k
  47. Switzerland: US$746k
  48. Nigeria: US$729k
  49. Lithuania: US$694k
  50. Luxembourg: US$550k
  51. Philippines: US$521k
  52. Latvia: US$487k
  53. Kyrgyzstan: US$442k
  54. Angola: US$398k
  55. Tunisia: US$346k
  56. Ireland: US$306k
  57. Greece: US$298k
  58. New Zealand: US$294k
  59. Saudi Arabia: US$260k
  60. Colombia: US$225k

Top exporters

RankCountryValueShare
1 Indonesia US$3bn 52.1%
2 United Kingdom US$848m 17.6%
3 Sweden US$319m 6.6%
4 Italy US$217m 4.5%
5 Austria US$123m 2.5%
6 Germany US$122m 2.5%
7 Spain US$89m 1.8%
8 France US$78m 1.6%
9 United States US$69m 1.4%
10 Belgium US$59m 1.2%

Top importers

RankCountryValueShare
1 India US$1bn 23.5%
2 China US$849m 17.6%
3 Taiwan US$563m 11.7%
4 Belgium US$424m 8.8%
5 Sweden US$313m 6.5%
6 United States US$265m 5.5%
7 Italy US$261m 5.4%
8 Germany US$213m 4.4%
9 France US$189m 3.9%
10 Spain US$97m 2%

The UK Global Tariff divides heading 7218 into 7 tariff lines; the duty is duty-free.

In the EU Combined Nomenclature, heading 7218 covers 7 tariff lines and the duty is duty-free.

The Turkish Customs Tariff Schedule divides heading 7218 into 9 tariff lines; the duty is between 0% and 0.7% (average 0.4%). 4 of them are duty-free.

In the Harmonized Tariff Schedule of the United States, heading 7218 covers 3 tariff lines and the duty is duty-free.

In 2024, countries exported heading 7218 goods worth US$5bn (−10.4% year on year).

The largest exporter was Indonesia (US$3bn), followed by the United Kingdom.

The biggest buyer was India, with imports of US$1bn.

The United Kingdom ranked 2nd among 98 exporters with US$848m.

The United Kingdom imported US$52m.

Products classified here

Questions and answers

What is the HS code for stainless steel in ingots or other primary forms; semi-finished products of stainless steel?

Stainless steel in ingots or other primary forms; semi-finished products of stainless steel fall under HS heading 7218, part of chapter 72, in section XV of the Harmonized System.

What is the import duty on stainless steel in ingots or other primary forms in the UK?

Under the UK Global Tariff, imports under 7218 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.

What is the import duty on stainless steel in ingots or other primary forms in the EU?

Under the EU Combined Nomenclature, imports under 7218 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most stainless steel in ingots or other primary forms?

Indonesia, with US$3bn in 2024 (52.1% of world exports).

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