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2023
Exports $770MWorld Rnk 10 / 182
Flag Rnk 285 / 1217
2023
Destination $17.2M Canada
2022 - 2023
FASTEST GROWING MARKET $17.2MGuyana
2023
PRODUCT COMPLEXITY IN Iron Pipes0.22Rnk 490 / 1025
2023
Imports $5.13BWorld Rnk 1 / 223
Flag Rnk 110 / 1215
2023
Origin $260M Japan
2022 - 2023
FASTEST GROWING ORIGIN $260MCanada
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $770M in Iron Pipes, making it the 10th largest exporter of Iron Pipes in the world. At the same year, Iron Pipes was the 285th most exported product in United States. The main destination of Iron Pipes exports from United States are: Canada ($167M), Mexico ($122M), United Kingdom ($29.9M), Singapore ($26.7M), and Brazil ($26M).

The fastest growing export markets for Iron Pipes of United States between 2022 and 2023 were Guyana ($17.2M), Brazil ($14.3M), and Costa Rica ($11.3M).

Imports In 2023, United States imported $5.13B in Iron Pipes, becoming the 1st largest importer of Iron Pipes in the world. At the same year, Iron Pipes was the 110th most imported product in United States. United States imports Iron Pipes primarily from: Japan ($715M), Mexico ($594M), Austria ($450M), Germany ($376M), and Thailand ($374M).

The fastest growing import markets in Iron Pipes for United States between 2022 and 2023 were Canada ($260M), Thailand ($227M), and Japan ($219M).

COMPANIES In 2023, leading companies such as Spencer Gifts (51), Fetzer Vineyards (32), and Goya Foods (31) were at the forefront of shipping Iron Pipes to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Iron Pipes exports accounted up to $67M and imports accounted up to $243M, resulting in a negative trade balance of $176M. Between November 2023 and November 2024 the exports of United States'   Iron Pipes have decreased by $-196k (-0.29%) from $67.2M to $67M, while imports increased by $47.7M (24.4%) from $196M to $243M.

Destinations In November 2024, Iron Pipes were exported mostly to Canada ($13.8M), Mexico ($12.4M), Brazil ($4.69M), Australia ($3.18M), and China ($3M), and were imported mostly from Japan ($50.5M), Mexico ($30.8M), Italy ($24.2M), Spain ($19.7M), and Austria ($17.9M).

Growth In November 2024, the decrease in Iron Pipes's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-10.5M or -87.3%), China ($-3.38M or -76%), and Indonesia ($-2.7M or -98.6%). In November 2024, the increase in Iron Pipes's year-by-year imports was explained primarily by an increase in imports from Canada ($44.2M or 675%), Japan ($40.8M or 360%), and Italy ($34.9M or 328%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-196k(-0.29%)
IMPORT GROWTH (November 2023 - November 2024)$47.7M(24.4%)
MAIN EXPORTER (November 2024)Texas$40M
MAIN DESTINATION (November 2024)Canada$13.8M

This section shows Iron Pipes's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Iron Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$770M
IMPORTS (2023)$5.13B
NET TRADE (2023)-$4.36B

In 2023, United States exported $770M in Iron Pipes. The main destinations of United States exports on Iron Pipes were Canada ($167M), Mexico ($122M), United Kingdom ($29.9M), Singapore ($26.7M), and Brazil ($26M).

In 2023, United States imported $5.13B in Iron Pipes, mainly from Japan ($715M), Mexico ($594M), Austria ($450M), Germany ($376M), and Thailand ($374M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Pipes EXPORT MARKETS FOR United States WERE (2022 - 2023):
Guyana$17.2M (940%)
Brazil$14.3M (123%)
Costa Rica$11.3M (95.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Pipes BY United States WERE (2022 - 2023):
Algeria-$21.3M (-89.9%)
Ghana-$16M (-98.8%)
Liberia-$8.23M (-97%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Iron Pipes were:
China $8.68B
Japan $3.64B
Germany $2.35B
In 2023, United States's main importing competitors in Iron Pipes were:
United Arab Emirates $1.72B
Germany $1.18B

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Trade Value of Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $40.6M
TOP IMPORT POTENTIALChina+ $215M

Iron Pipes’s highest export potential is Canada. With an export gap of $40.6M.   Iron Pipes’s highest import potential is China with an import gap of $215M.

See methodology.

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