HS Icon Iron Pipes

Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel

7304 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Iron Pipes. In 2021, Iron Pipes were the world's 199th most traded product, with a total trade of $21.7B. Between 2020 and 2021 the exports of Iron Pipes grew by 11%, from $19.6B to $21.7B. Trade in Iron Pipes represent 0.001% of total world trade.

Iron Pipes are a part of Iron or steel articles. They include Casings, tubing and drill pipe, for oil drilling, Pipes, line, iron or steel, for oil or gas pipelines, Iron/non-alloy steel pipe or tubing, nes, Alloy steel pipe or tubing, except cold rolled, Stainless steel pipe or tubing, cold rolled, Stainless steel pipe or tubing, except cold rolled, Iron/non-alloy steel pipe, cold drawn/rolled, nes, Iron or steel tubes, pipes or hollow profiles, nes, and Alloy steel pipe or tubing, cold rolled.

Exports In 2021 the top exporters of Iron Pipes  were China ($5.17B), Japan ($2.06B), Germany ($1.94B), Italy ($1.06B), and Mexico ($935M).

Imports In 2021 the top importers of Iron Pipes were United States ($2.55B), Germany ($1.04B), India ($878M), Italy ($852M), and United Arab Emirates ($771M).

Tariffs In 2018 the average tariff for Iron Pipes was 5.77%, making it the 736th lowest tariff using the HS4 product classification.

Ranking Iron Pipes ranks 503rd in the Product Complexity Index (PCI).

Description Tubes, pipes and hollow profiles are used to transport liquids or gases. They can be made from a variety of materials, including steel, aluminum, copper, and plastic.

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Y-AXIS SCALE

The following visualization shows the latest trends on Iron Pipes. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $5.17B

Top Destination (2021): United States, $2.55B

Iron Pipes are the world's 199th most traded product.

In 2021, the top exporters of Iron Pipes were China ($5.17B), Japan ($2.06B), Germany ($1.94B), Italy ($1.06B), and Mexico ($935M).

In 2021, the top importers of Iron Pipes were United States ($2.55B), Germany ($1.04B), India ($878M), Italy ($852M), and United Arab Emirates ($771M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $863M

Top Destination Growth (2020 -  2021): United States, $857M

Between 2020 and 2021, the exports of Iron Pipes grew the fastest in China ($863M), Mexico ($265M), Germany ($256M), Austria ($207M), and Ukraine ($185M).

Between 2020 and 2021, the fastest growing importers of Iron Pipes were United States ($857M), Italy ($291M), Germany ($269M), Canada ($221M), and Turkey ($142M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Iron Pipes.

In 2021, market concentration measured using Shannon Entropy, was 4.47. This means that most of the exports of Iron Pipes are explained by 22 countries.

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TOP NET EXPORTER (2021): China, $4.44B

TOP NET IMPORTER (2021): United States, $1.94B

This map shows which countries export or import more of Iron Pipes. Each country is colored based on the difference in exports and imports of Iron Pipes during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Iron Pipes were China ($4.44B), Japan ($1.96B), Germany ($900M), Mexico ($608M), and Ukraine ($596M).

In 2021, the countries that had a largest trade value in imports than in exports of Iron Pipes were United States ($1.94B), Canada ($565M), Algeria ($478M), India ($457M), and United Arab Emirates ($442M).

Disaggregation

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Value

In 2021, the world most traded Iron Pipes, disaggragated by their HS6 level were Casings, tubing and drill pipe, for... ($6.31B), Pipes, line, iron or steel, for... ($3.4B), Iron/non-alloy steel pipe or tubing, nes ($3.23B), Stainless steel pipe or tubing, cold... ($2.55B), and Alloy steel pipe or tubing, except... ($1.66B)

Country Comparison

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Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Iron Pipes to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.