Subheading · Section XV
7304.31: Cold-drawn or cold-rolled (cold-reduced)
- FreeUK
- FreeEU
- 30%Türkiye
- FreeUSA
- US$1.6bnWorld trade in 2024
Subheading 7304.31 belongs to heading 7304 (tubes, pipes and hollow profiles, seamless, of iron) in chapter 73.
The UK Global Tariff divides subheading 7304.31 into 4 tariff lines; the duty is duty-free.
In the EU Combined Nomenclature, subheading 7304.31 covers 2 tariff lines and the duty is duty-free.
The Turkish Customs Tariff Schedule divides subheading 7304.31 into 4 tariff lines; the statutory rate is 30%.
In the Harmonized Tariff Schedule of the United States, subheading 7304.31 covers 2 tariff lines and the duty is duty-free.
In 2024, countries exported these goods worth US$1.6bn (−15.5% year on year).
The largest exporter was China (US$361.2m), followed by Germany.
The biggest buyer was Germany, with imports of US$136.7m.
The United Kingdom ranked 20th among 109 exporters with US$15.4m; its largest buyer was the Czechia.
The United Kingdom imported US$44.7m, most of it from Germany.
Duty rates compared
UK Free Third-country duty 4 tariff lines 
EU Free Third-country duty 2 tariff lines 
Türkiye 30% Statutory rate (Law 474) 4 tariff lines 
USA Free General (MFN) 2 tariff lines 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.
UK Global Tariff
UK lines →- 7304 31 00 00 Cold-drawn or cold-rolled (cold-reduced) Free
- 7304 31 20 00 Precision tubes Free
- 7304 31 20 30 Of an external diameter not exceeding 406.4 mm and with a carbon equivalent value (cev) not exceeding 0.86 according to the international institute of welding (iiw) formula and chemical analysis Free
- 7304 31 20 95 Other Free
- 7304 31 80 00 Other Free
- 7304 31 80 30 Of an external diameter not exceeding 406.4 mm and with a carbon equivalent value (cev) not exceeding 0.86 according to the international institute of welding (iiw) formula and chemical analysis Free
- 7304 31 80 99 Other Free
EU Combined Nomenclature
EU lines →- 7304 31 Cold-drawn or cold-rolled (cold-reduced):
- 7304 31 20 Precision tubes Free—
- 7304 31 80 Other Free—
Turkish Customs Tariff Schedule
Türkiye lines →This line has no official text in this language; it is shown in the language of its tariff.
- 7304.31 Soğuk çekilmiş veya soğuk haddelenmiş:
- Hassas borular
- 7304.31.20.10.00 Sivil hava taşıtlarında kullanılmaya mahsus, gaz ve sıvıların naklinde kullanılan türde olanlar (bağlantı parçaları takılmış) 30%
- 7304.31.20.90.00 Diğerleri 30%
- Diğerleri
- 7304.31.80.10.00 Sivil hava taşıtlarında kullanılmaya mahsus, gaz ve sıvıların naklinde kullanılan türde olanlar (bağlantı parçaları takılmış) 30%
- 7304.31.80.90.00 Diğerleri: 30%
Harmonized Tariff Schedule of the United States
USA lines →- 7304.31 Cold-drawn or cold-rolled (cold-reduced):
- 7304.31.30.00 Hollow bars Freekg
- 7304.31.60 Other Free
- 7304.31.60.10 Suitable for use in boilers, superheaters, heat exchangers, condensers, refining furnaces and feedwater heaters kg
- 7304.31.60.50 Other kg
World trade in 2024
Trade value (US$) no reported trade < US$336.6kUS$336.6k+US$6m+US$36.1m+> US$99.5m
Exports: 109
- China: US$361.2m
- Germany: US$327.3m
- Italy: US$152m
- Slovakia: US$99.5m
- Romania: US$98.7m
- Spain: US$49.8m
- Netherlands: US$46.6m
- Austria: US$43.3m
- France: US$39.3m
- South Korea: US$37.2m
- United States: US$36.1m
- United Arab Emirates: US$31.3m
- Hungary: US$27m
- Thailand: US$23.8m
- India: US$22.9m
- Japan: US$19.2m
- Sweden: US$18m
- Poland: US$16.2m
- Czechia: US$15.8m
- United Kingdom: US$15.4m
- Russia: US$14.3m
- Ukraine: US$10.9m
- Türkiye: US$9.1m
- Mexico: US$8.9m
- Argentina: US$8m
- Taiwan: US$7.1m
- Brazil: US$6m
- Estonia: US$4.4m
- Singapore: US$4.4m
- Lithuania: US$4.3m
- Portugal: US$4m
- Finland: US$4m
- Switzerland: US$3.8m
- Belgium: US$2.7m
- Indonesia: US$2.6m
- Serbia: US$2.3m
- Saudi Arabia: US$2.3m
- Slovenia: US$2.2m
- Canada: US$2.2m
- Denmark: US$2m
- Norway: US$1.7m
- Bulgaria: US$1.5m
- Malaysia: US$1.4m
- South Africa: US$1.2m
- Chile: US$913.6k
- Kuwait: US$881.5k
- Egypt: US$860.1k
- Hong Kong SAR China: US$838.1k
- Ireland: US$665.7k
- Philippines: US$608.5k
- Greece: US$519.1k
- Australia: US$382.3k
- North Macedonia: US$336.6k
- Luxembourg: US$296.6k
- Kazakhstan: US$261.1k
- Bosnia & Herzegovina: US$257.1k
- Vietnam: US$229.7k
- Tunisia: US$208.2k
- Kyrgyzstan: US$172.8k
- Croatia: US$134.9k
Trade value (US$) no reported trade < US$482.5kUS$482.5k+US$5.7m+US$29.1m+> US$70.7m
Imports: 202
- Germany: US$136.7m
- Italy: US$87.5m
- Saudi Arabia: US$81.7m
- United States: US$79.3m
- Türkiye: US$72.8m
- Poland: US$70.7m
- France: US$59.8m
- Spain: US$59.5m
- South Korea: US$51.5m
- Canada: US$45.1m
- United Kingdom: US$44.7m
- China: US$39.6m
- India: US$34.8m
- Austria: US$33.7m
- Netherlands: US$32.5m
- Czechia: US$31.9m
- Mexico: US$31m
- Argentina: US$30.6m
- Bulgaria: US$29.7m
- Romania: US$29.1m
- Sweden: US$28.9m
- Indonesia: US$28.4m
- Finland: US$28.3m
- Vietnam: US$23.7m
- Malaysia: US$22.8m
- Taiwan: US$22.8m
- Russia: US$21.6m
- United Arab Emirates: US$20.8m
- Australia: US$17.2m
- Hungary: US$16.2m
- Thailand: US$13.9m
- Slovakia: US$13.9m
- Kazakhstan: US$13.4m
- Japan: US$12.7m
- Switzerland: US$12.5m
- Brazil: US$10.8m
- Belgium: US$10.3m
- Singapore: US$9.6m
- Uzbekistan: US$9.4m
- Norway: US$9.3m
- Portugal: US$8.6m
- Ireland: US$8.3m
- Pakistan: US$6.9m
- Oman: US$6.7m
- Slovenia: US$6.6m
- Denmark: US$6.6m
- Iran: US$6.4m
- Serbia: US$6.2m
- Ukraine: US$5.8m
- Chile: US$5.7m
- Qatar: US$5.3m
- Nigeria: US$4.7m
- Philippines: US$4.5m
- Morocco: US$4.1m
- Bosnia & Herzegovina: US$4.1m
- Peru: US$4.1m
- Belarus: US$3.8m
- Israel: US$3.8m
- South Africa: US$3.7m
- Egypt: US$3.4m
Top exporters
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 |  China | US$361.2m | 22.6% |
| 2 |  Germany | US$327.3m | 20.4% |
| 3 |  Italy | US$152m | 9.5% |
| 4 |  Slovakia | US$99.5m | 6.2% |
| 5 |  Romania | US$98.7m | 6.2% |
| 6 |  Spain | US$49.8m | 3.1% |
| 7 |  Netherlands | US$46.6m | 2.9% |
| 8 |  Austria | US$43.3m | 2.7% |
| 9 |  France | US$39.3m | 2.5% |
| 10 |  South Korea | US$37.2m | 2.3% |
Top importers
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 | Germany | US$136.7m | 8.5% |
| 2 | Italy | US$87.5m | 5.5% |
| 3 |  Saudi Arabia | US$81.7m | 5.1% |
| 4 | United States | US$79.3m | 5% |
| 5 | Türkiye | US$72.8m | 4.5% |
| 6 |  Poland | US$70.7m | 4.4% |
| 7 | France | US$59.8m | 3.7% |
| 8 | Spain | US$59.5m | 3.7% |
| 9 | South Korea | US$51.5m | 3.2% |
| 10 |  Canada | US$45.1m | 2.8% |
Questions and answers
What is the HS code for cold-drawn or cold-rolled (cold-reduced)?
Cold-drawn or cold-rolled (cold-reduced) fall under HS subheading 7304.31, part of heading 7304, in section XV of the Harmonized System.
What is the import duty on cold-drawn or cold-rolled (cold-reduced) in the UK?
Under the UK Global Tariff, imports under 7304.31 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 cold-drawn or cold-rolled (cold-reduced) in the EU?
Under the EU Combined Nomenclature, imports under 7304.31 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 cold-drawn or cold-rolled (cold-reduced)?
China, with US$361.2m in 2024 (22.6% of world exports).