USDTWD.ai Taiwan Macro Atlas

Taiwan’s Largest Semi-Finished Steel Suppliers, 2024

Aggregated World Bank trade subheadings rank semi-finished steel import partners.

What the Data Shows

This statistic shows Taiwan’s semi-finished steel sourcing before domestic rolling and fabrication. Russia is the largest supplier in the aggregated table, followed by Japan and China. The top five account for more than 93% of the total, making the supply base highly concentrated. The chart works because the visual shape is a clear rank order with a steep drop after the top three.

Data table

Russia $741.7M 45.0%
Japan $370.9M 22.5%
China $276.5M 16.8%
Indonesia $78.9M 4.8%
Saudi Arabia $67.8M 4.1%
Russia share 45.0% Aggregated WITS HS 7207 subheadings.
Top-five share 93.1% Semi-finished steel concentration.

Sources

Source 1: Other Asia, nes HS 720711 semi-finished steel imports, 2024

Publisher: World Bank WITS / UN Comtrade

Dataset/table: Other Asia, nes imports by partner, HS 720711, 2024

Units: US$ thousand and quantity

Date checked: 2026-05-14

Evidence: Reports the largest HS 720711 partners led by Russian Federation and China.

Note: Reports the largest HS 720711 partners led by Russian Federation and China.

Source 2: Other Asia, nes HS 720712 semi-finished steel imports, 2024

Publisher: World Bank WITS / UN Comtrade

Dataset/table: Other Asia, nes imports by partner, HS 720712, 2024

Units: US$ thousand and quantity

Date checked: 2026-05-14

Evidence: Reports HS 720712 partners led by Japan and Russian Federation.

Note: Reports HS 720712 partners led by Japan and Russian Federation.

Source 3: Other Asia, nes HS 720719 semi-finished steel imports, 2024

Publisher: World Bank WITS / UN Comtrade

Dataset/table: Other Asia, nes imports by partner, HS 720719, 2024

Units: US$ thousand and quantity

Date checked: 2026-05-14

Evidence: Reports HS 720719 partners led by Russian Federation and China.

Note: Reports HS 720719 partners led by Russian Federation and China.

Source 4: Other Asia, nes HS 720720 semi-finished steel imports, 2024

Publisher: World Bank WITS / UN Comtrade

Dataset/table: Other Asia, nes imports by partner, HS 720720, 2024

Units: US$ thousand and quantity

Date checked: 2026-05-14

Evidence: Reports HS 720720 partners led by Russian Federation, China and Japan.

Note: Reports HS 720720 partners led by Russian Federation, China and Japan.

Data notes & caveats

The source bundle covers semi-finished iron or non-alloy steel subheadings. Values are in US$ thousands converted to compact labels.

Methodology

Aggregate the supplied 2024 semi-finished steel customs subheadings by partner and rank the five largest suppliers.

Source consistency notes

All values are calculated from World Bank World Integrated Trade Solution customs-code 7207 subheading tables for the same reporter, year, flow and units.