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750720 (Harmonized System 1992 for 6-digit)

2023
World Trade $329MRnk 3256 / 4644
2023
Top Exporter | Top Importer $60.4M | $47.5MUnited States | United States
2023
Product Complexity 0.75Rnk 1199 / 4656
2022 - 2023
Export Growth (CAGR) 21.7%Rnk 265 / 4644
2023
Share of World Trade 0.0015%Rnk 3256 / 4644

About

Overview This page contains the latest trade data of Fittings, pipe and tube, nickel. In 2023, Fittings, pipe and tube, nickel were the world's 3256th most traded product, with a total trade of $329M. Between 2022 and 2023 the exports of Fittings, pipe and tube, nickel grew by 21.7%, from $270M to $329M. Trade in Fittings, pipe and tube, nickel represent 0.0015% of total world trade.

Fittings, pipe and tube, nickel are a part of Nickel Pipes.

Exports In 2023 the top exporters of Fittings, pipe and tube, nickel  were United States ($60.4M), Italy ($39.9M), China ($31.5M), Canada ($29.1M), and Germany ($29M).

Imports In 2023 the top importers of Fittings, pipe and tube, nickel were United States ($47.5M), United Arab Emirates ($22.3M), Spain ($19.9M), China ($18.1M), and Netherlands ($16.7M).

Ranking Fittings, pipe and tube, nickel ranks 1199th in the Product Complexity Index (PCI).

Description Fittings are used to connect pipe and tube together. Nickel pipe and tube is used in water systems.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Fittings, pipe and tube, nickel. 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 (2023)United States$60.4M
Top Destination (2023)United States$47.5M

In 2023 Fittings, pipe and tube, nickel were the world's 3256th most traded product (out of 4,644).

In 2023, the top exporters of Fittings, pipe and tube, nickel were United States ($60.4M), Italy ($39.9M), China ($31.5M), Canada ($29.1M), and Germany ($29M).

In 2023, the top importers of Fittings, pipe and tube, nickel were United States ($47.5M), United Arab Emirates ($22.3M), Spain ($19.9M), China ($18.1M), and Netherlands ($16.7M).

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Exporters of Fittings, pipe and tube, nickel (2023)
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Importers of Fittings, pipe and tube, nickel (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$13.4M
Top Destination Growth (2022 -  2023)United Arab Emirates$10.6M

Between 2022 and 2023, the exports of Fittings, pipe and tube, nickel grew the fastest in China ($13.4M), Germany ($13.2M), Japan ($10.1M), United States ($9.03M), and United Kingdom ($5.28M).

Between 2022 and 2023, the fastest growing importers of Fittings, pipe and tube, nickel were United Arab Emirates ($10.6M), Netherlands ($9.5M), Spain ($7.63M), Saudi Arabia ($7.33M), and Philippines ($5.63M).

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Exporters of Fittings, pipe and tube, nickel (2022 - 2023)

Importers of Fittings, pipe and tube, nickel (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Fittings, pipe and tube, nickel.

In 2023, market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Fittings, pipe and tube, nickel are explained by 16 countries.

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Value of Exports in Fittings, pipe and tube, nickel

Net Trade

TOP NET EXPORTER (2023)Italy$31.2M
TOP NET IMPORTER (2023)United Arab Emirates$15.7M

This map shows which countries export or import more of Fittings, pipe and tube, nickel. Each country is colored based on the difference in exports and imports of Fittings, pipe and tube, nickel during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Fittings, pipe and tube, nickel were Italy ($31.2M), Germany ($17.7M), Canada ($15M), Japan ($13.8M), and China ($13.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Fittings, pipe and tube, nickel were United Arab Emirates ($15.7M), Saudi Arabia ($15.1M), Netherlands ($9.59M), Poland ($8.83M), and Qatar ($8.6M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Fittings, pipe and tube, nickel.
It is possible to select the main countries that export or import Fittings, pipe and tube, nickel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Fittings, pipe and tube, nickel 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 (2023)

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