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730520 (Harmonized System 1992 for 6-digit)

2022
World Trade $330MRnk 3320 / 4648
2022
Top Exporter | Top Importer $75.7M | $52.8MJapan | Guyana
2022
Product Complexity -0.3Rnk 2947 / 4653
2021 - 2022
Export Growth (CAGR) 56.5%Rnk 144 / 4648
2022
Share of World Trade 0.0014%Rnk 3320 / 4648

About

Overview This page contains the latest trade data of Casings,circular, iron/steel, oil/gas drilling >406mm. In 2022, Casings,circular, iron/steel, oil/gas drilling >406mm were the world's 3320th most traded product, with a total trade of $330M. Between 2021 and 2022 the exports of Casings,circular, iron/steel, oil/gas drilling >406mm grew by 56.5%, from $211M to $330M. Trade in Casings,circular, iron/steel, oil/gas drilling >406mm represent 0.0014% of total world trade.

Casings,circular, iron/steel, oil/gas drilling >406mm are a part of Other Large Iron Pipes.

Exports In 2022 the top exporters of Casings,circular, iron/steel, oil/gas drilling >406mm  were Japan ($75.7M), Brazil ($68.9M), Singapore ($53.8M), United Kingdom ($24.1M), and Germany ($19.2M).

Imports In 2022 the top importers of Casings,circular, iron/steel, oil/gas drilling >406mm were Guyana ($52.8M), United States ($27.6M), Kuwait ($26.6M), Singapore ($26.5M), and Norway ($18.7M).

Ranking Casings,circular, iron/steel, oil/gas drilling >406mm ranks 2947th in the Product Complexity Index (PCI).

Description Casings are used in oil and gas drilling to protect the drill bit and to keep the drill hole open. Circular casings are used to line the walls of oil and gas wells. Iron and steel casings are used to line the walls of oil and gas wells to keep them open and to protect the interior parts.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Casings,circular, iron/steel, oil/gas drilling >406mm. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Japan$75.7M
Top Destination (2022)Guyana$52.8M

In 2022 Casings,circular, iron/steel, oil/gas drilling >406mm were the world's 3320th most traded product (out of 4,648).

In 2022, the top exporters of Casings,circular, iron/steel, oil/gas drilling >406mm were Japan ($75.7M), Brazil ($68.9M), Singapore ($53.8M), United Kingdom ($24.1M), and Germany ($19.2M).

In 2022, the top importers of Casings,circular, iron/steel, oil/gas drilling >406mm were Guyana ($52.8M), United States ($27.6M), Kuwait ($26.6M), Singapore ($26.5M), and Norway ($18.7M).

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Exporters of Casings,circular, iron/steel, oil/gas drilling >406mm (2022)
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Importers of Casings,circular, iron/steel, oil/gas drilling >406mm (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$33.7M
Top Destination Growth (2021 -  2022)Guyana$37.6M

Between 2021 and 2022, the exports of Casings,circular, iron/steel, oil/gas drilling >406mm grew the fastest in Brazil ($33.7M), Singapore ($27.2M), Japan ($22.9M), Indonesia ($10.2M), and United Kingdom ($9.96M).

Between 2021 and 2022, the fastest growing importers of Casings,circular, iron/steel, oil/gas drilling >406mm were Guyana ($37.6M), Singapore ($20.7M), Brazil ($14.7M), Kuwait ($13.8M), and Oman ($11M).

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Exporters of Casings,circular, iron/steel, oil/gas drilling >406mm (2021 - 2022)

Importers of Casings,circular, iron/steel, oil/gas drilling >406mm (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Casings,circular, iron/steel, oil/gas drilling >406mm.

In 2022, market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Casings,circular, iron/steel, oil/gas drilling >406mm are explained by 10 countries.

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Value of Exports in Casings,circular, iron/steel, oil/gas drilling >406mm

Net Trade

TOP NET EXPORTER (2022)Japan$75.4M
TOP NET IMPORTER (2022)Kuwait$26.4M

This map shows which countries export or import more of Casings,circular, iron/steel, oil/gas drilling >406mm. Each country is colored based on the difference in exports and imports of Casings,circular, iron/steel, oil/gas drilling >406mm during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Casings,circular, iron/steel, oil/gas drilling >406mm were Japan ($75.4M), Brazil ($51.2M), Singapore ($27.4M), United Kingdom ($18.9M), and Germany ($18M).

In 2022, the countries that had a largest trade value in imports than in exports of Casings,circular, iron/steel, oil/gas drilling >406mm were Kuwait ($26.4M), Norway ($16.4M), Oman ($14.2M), Qatar ($12.6M), and United States ($11.4M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Casings,circular, iron/steel, oil/gas drilling >406mm.
It is possible to select the main countries that export or import Casings,circular, iron/steel, oil/gas drilling >406mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Casings,circular, iron/steel, oil/gas drilling >406mm by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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