Chapter · Section XV

Chapter 73: Articles of iron or steel

73
  • 0%–50%UK
  • 0%–3.7%EU
  • 15%–60%Türkiye
  • 0%–12.5%USA
  • US$370.7bnWorld trade in 2024

Chapter 73 of the Harmonized System has 26 headings and belongs to section XV (base metals and articles of base metal).

The UK Global Tariff divides chapter 73 into 437 tariff lines; the duty is between 0% and 50% (average 4.2%). 337 of them are duty-free.

In the EU Combined Nomenclature, chapter 73 covers 234 tariff lines and the duty is between 0% and 3.7%. 104 of them are duty-free.

The Turkish Customs Tariff Schedule divides chapter 73 into 336 tariff lines; the statutory rate is between 15% and 60% (average 38.3%).

In 2024, countries exported chapter 73 goods worth US$370.7bn (−2.5% year on year).

The largest exporter was China (US$102.3bn), followed by Germany.

The biggest buyer was the United States, with imports of US$52.9bn.

Duty rates compared

The Turkish schedule prints the statutory rate set under Customs Law 474. The rate applied at import is laid down in the Import Regime Decision and can be lower, or different by country of origin.

Headings 26

World trade in 2024

73 · US$370.7bn

Trade value (US$) no reported trade < US$9mUS$9m+US$398m+US$3bn+> US$10.4bn

Exports: 225
  1. China: US$102.3bn
  2. Germany: US$32.9bn
  3. United States: US$22.7bn
  4. Italy: US$20.2bn
  5. Japan: US$11.3bn
  6. Poland: US$10.7bn
  7. Türkiye: US$10.4bn
  8. India: US$10.2bn
  9. South Korea: US$10.1bn
  10. Mexico: US$9.4bn
  11. Spain: US$9.2bn
  12. France: US$8.7bn
  13. Taiwan: US$8.1bn
  14. Czechia: US$7.1bn
  15. Austria: US$6.8bn
  16. Netherlands: US$6.8bn
  17. United Kingdom: US$6.7bn
  18. Canada: US$6.3bn
  19. Thailand: US$4.8bn
  20. Belgium: US$4.4bn
  21. Vietnam: US$4.4bn
  22. United Arab Emirates: US$3.2bn
  23. Sweden: US$3bn
  24. Russia: US$3bn
  25. Switzerland: US$2.9bn
  26. Indonesia: US$2.8bn
  27. Malaysia: US$2.8bn
  28. Romania: US$2.8bn
  29. Denmark: US$2.5bn
  30. Slovakia: US$2.4bn
  31. Brazil: US$2.3bn
  32. Portugal: US$2.3bn
  33. Singapore: US$2bn
  34. Hungary: US$1.8bn
  35. Finland: US$1.4bn
  36. South Africa: US$1.3bn
  37. Norway: US$1.1bn
  38. Luxembourg: US$1.1bn
  39. Slovenia: US$1bn
  40. Greece: US$1bn
  41. Ukraine: US$996.9m
  42. Lithuania: US$863.6m
  43. Saudi Arabia: US$838.2m
  44. Bulgaria: US$835.8m
  45. Serbia: US$798m
  46. Ireland: US$722.1m
  47. Australia: US$714.2m
  48. Estonia: US$672.7m
  49. Croatia: US$658.7m
  50. Bosnia & Herzegovina: US$643.3m
  51. Latvia: US$573.1m
  52. Egypt: US$568.1m
  53. Argentina: US$559.7m
  54. Bahrain: US$470.1m
  55. Hong Kong SAR China: US$468.4m
  56. Colombia: US$419.4m
  57. Israel: US$398m
  58. Tunisia: US$393.5m
  59. Kazakhstan: US$370.8m
  60. Philippines: US$351.8m

Top exporters

RankCountryValueShare
1 China US$102.3bn 27.6%
2 Germany US$32.9bn 8.9%
3 United States US$22.7bn 6.1%
4 Italy US$20.2bn 5.5%
5 Japan US$11.3bn 3%
6 Poland US$10.7bn 2.9%
7 Türkiye US$10.4bn 2.8%
8 India US$10.2bn 2.7%
9 South Korea US$10.1bn 2.7%
10 Mexico US$9.4bn 2.5%

Top importers

RankCountryValueShare
1 United States US$52.9bn 14.3%
2 Germany US$27.5bn 7.4%
3 France US$14.6bn 3.9%
4 Mexico US$12.4bn 3.3%
5 Canada US$11.8bn 3.2%
6 United Kingdom US$11.2bn 3%
7 Netherlands US$9.4bn 2.5%
8 Poland US$8.5bn 2.3%
9 Italy US$8.3bn 2.3%
10 China US$8.1bn 2.2%

Chapter notes

Notes

Products classified here

Questions and answers

What is the HS code for articles of iron or steel?

Articles of iron or steel make up HS chapter 73, in section XV of the Harmonized System.

What is the import duty on articles of iron or steel in the UK?

Under the UK Global Tariff, imports under 73 from countries without a preferential agreement are charged at 0% to 50%, depending on the line. Preferential rates, anti-dumping duties and VAT are not included.

What is the import duty on articles of iron or steel in the EU?

Under the EU Combined Nomenclature, imports under 73 from countries without a preferential agreement are charged at 0% to 3.7%, depending on the line. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most articles of iron or steel?

China, with US$102.3bn in 2024 (27.6% of world exports).