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730411 (Harmonized System 2007 for 6-digit)

2022
World Trade $655MRnk 2789 / 5023
2022
Top Exporter | Top Importer $186M | $61.1MChina | Kuwait
2022
Product Complexity -0.028Rnk 2804 / 5030
2021 - 2022
Export Growth (CAGR) 3.98%Rnk 2668 / 5023
2022
Share of World Trade 0.0027%Rnk 2789 / 5023

About

Overview This page contains the latest trade data of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel. In 2022, Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were the world's 2789th most traded product, with a total trade of $655M. Between 2021 and 2022 the exports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel grew by 3.98%, from $630M to $655M. Trade in Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel represent 0.0027% of total world trade.

Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel are a part of Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron)....

Exports In 2022 the top exporters of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel  were China ($186M), Saudi Arabia ($115M), Japan ($62.9M), South Korea ($42.9M), and United States ($24.6M).

Imports In 2022 the top importers of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were Kuwait ($61.1M), South Korea ($52.1M), Malaysia ($50.8M), India ($44.8M), and United Arab Emirates ($39.8M).

Ranking Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel ranks 2804th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel. 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)China$186M
Top Destination (2022)Kuwait$61.1M

In 2022 Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were the world's 2789th most traded product (out of 5,023).

In 2022, the top exporters of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were China ($186M), Saudi Arabia ($115M), Japan ($62.9M), South Korea ($42.9M), and United States ($24.6M).

In 2022, the top importers of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were Kuwait ($61.1M), South Korea ($52.1M), Malaysia ($50.8M), India ($44.8M), and United Arab Emirates ($39.8M).

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Exporters of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel (2022)
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Importers of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Saudi Arabia$23.5M
Top Destination Growth (2021 -  2022)Kuwait$45.1M

Between 2021 and 2022, the exports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel grew the fastest in Saudi Arabia ($23.5M), China ($22.1M), Vietnam ($9.54M), France ($8.42M), and India ($4.54M).

Between 2021 and 2022, the fastest growing importers of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were Kuwait ($45.1M), Oman ($22.4M), United Arab Emirates ($17.8M), South Korea ($10.5M), and Singapore ($7.09M).

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Exporters of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel (2021 - 2022)

Importers of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel.

In 2022, market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel are explained by 14 countries.

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Value of Exports in Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel

Net Trade

TOP NET EXPORTER (2022)China$169M
TOP NET IMPORTER (2022)Kuwait$60.7M

This map shows which countries export or import more of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel. Each country is colored based on the difference in exports and imports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were China ($169M), Saudi Arabia ($108M), Japan ($52.5M), France ($9.04M), and Spain ($8.01M).

In 2022, the countries that had a largest trade value in imports than in exports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were Kuwait ($60.7M), Malaysia ($44.9M), Indonesia ($32.3M), Oman ($31M), and United Arab Emirates ($26.1M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel.
It is possible to select the main countries that export or import Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel 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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