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730799 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.32BRnk 686 / 4644
2023
Top Exporter | Top Importer $968M | $513MChina | United States
2023
Product Complexity 1.21Rnk 448 / 4656
2022 - 2023
Export Growth (CAGR) -2.62%Rnk 1817 / 4644
2023
Share of World Trade 0.024%Rnk 686 / 4644

About

Overview This page contains the latest trade data of Fittings, pipe or tube, iron or steel, nes. In 2023, Fittings, pipe or tube, iron or steel, nes were the world's 686th most traded product, with a total trade of $5.32B. Between 2022 and 2023 the exports of Fittings, pipe or tube, iron or steel, nes decreased by -2.62%, from $5.46B to $5.32B. Trade in Fittings, pipe or tube, iron or steel, nes represent 0.024% of total world trade.

Fittings, pipe or tube, iron or steel, nes are a part of Iron Pipe Fittings.

Exports In 2023 the top exporters of Fittings, pipe or tube, iron or steel, nes  were China ($968M), Germany ($646M), United States ($590M), Italy ($515M), and Poland ($298M).

Imports In 2023 the top importers of Fittings, pipe or tube, iron or steel, nes were United States ($513M), Germany ($381M), Canada ($274M), France ($186M), and Singapore ($167M).

Ranking Fittings, pipe or tube, iron or steel, nes ranks 448th in the Product Complexity Index (PCI).

Description Fittings, pipe, and tube can be used to connect pipe to pipe, pipe to fittings, fittings to pipe, fittings to fittings, and pipe to valves. Iron and steel are used to make fittings, pipe, and tube.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Fittings, pipe or tube, iron or steel, nes. 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)China$968M
Top Destination (2023)United States$513M

In 2023 Fittings, pipe or tube, iron or steel, nes were the world's 686th most traded product (out of 4,644).

In 2023, the top exporters of Fittings, pipe or tube, iron or steel, nes were China ($968M), Germany ($646M), United States ($590M), Italy ($515M), and Poland ($298M).

In 2023, the top importers of Fittings, pipe or tube, iron or steel, nes were United States ($513M), Germany ($381M), Canada ($274M), France ($186M), and Singapore ($167M).

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Exporters of Fittings, pipe or tube, iron or steel, nes (2023)
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Importers of Fittings, pipe or tube, iron or steel, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$74.8M
Top Destination Growth (2022 -  2023)Brazil$56.6M

Between 2022 and 2023, the exports of Fittings, pipe or tube, iron or steel, nes grew the fastest in United States ($74.8M), Angola ($21M), United Kingdom ($10.8M), United Arab Emirates ($8.72M), and South Korea ($8.66M).

Between 2022 and 2023, the fastest growing importers of Fittings, pipe or tube, iron or steel, nes were Brazil ($56.6M), Saudi Arabia ($49.9M), United Arab Emirates ($37.8M), Egypt ($34.5M), and Netherlands ($23.3M).

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Exporters of Fittings, pipe or tube, iron or steel, nes (2022 - 2023)

Importers of Fittings, pipe or tube, iron or steel, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Fittings, pipe or tube, iron or steel, nes.

In 2023, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Fittings, pipe or tube, iron or steel, nes are explained by 21 countries.

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Value of Exports in Fittings, pipe or tube, iron or steel, nes

Net Trade

TOP NET EXPORTER (2023)China$822M
TOP NET IMPORTER (2023)Canada$219M

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

In 2023, the countries that had a largest trade value in exports than in imports of Fittings, pipe or tube, iron or steel, nes were China ($822M), Italy ($419M), Germany ($265M), Poland ($181M), and South Korea ($164M).

In 2023, the countries that had a largest trade value in imports than in exports of Fittings, pipe or tube, iron or steel, nes were Canada ($219M), Saudi Arabia ($147M), Brazil ($142M), Thailand ($108M), and Mexico ($106M).

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 or tube, iron or steel, nes.
It is possible to select the main countries that export or import Fittings, pipe or tube, iron or steel, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Fittings, pipe or tube, iron or steel, nes 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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