Other Large Iron Pipes7305 (Harmonized System 1992 for 4-digit)
2020 World Trade: $6.05B, Rnk 429 / 1217
2020 Top Exporter | Top Importer: $742M | $506M, Germany | Canada
2020 Product Complexity: 0.74, Rnk 258 / 1028
2019 - 2020 Export Growth (CAGR): -24.3%, Rnk 1086 / 1217
2018 Mean Tariff: 7.41%, Rnk 591 / 1259
2020 Share of World Trade: 0.036%, Rnk 429 / 1217
Overview This page contains the latest trade data of Other Large Iron Pipes. In 2020, Other Large Iron Pipes were the world's 429th most traded product, with a total trade of $6.05B. Between 2019 and 2020 the exports of Other Large Iron Pipes decreased by -24.3%, from $7.99B to $6.05B. Trade in Other Large Iron Pipes represent 0.036% of total world trade.
Other Large Iron Pipes are a part of Iron or steel articles. They include Pipe-line submerged arc welded steel diameter >406mm, Pipe (oil/gas line) iron or steel nes, diameter >406m, Steel pipes nes, longitudinally welded diameter>406mm, Pipe-line longitudinal nes welded steel,diameter>406m, Pipes nes, iron/steel, welded nes, diameter >406.4mm, Casings,circular, iron/steel, oil/gas drilling >406mm, and Tube/pipe nes,iron/steel riveted etc, diameter>406.4m.
Exports In 2020 the top exporters of Other Large Iron Pipes were Germany ($742M), India ($648M), South Korea ($615M), Russia ($607M), and China ($563M).
Imports In 2020 the top importers of Other Large Iron Pipes were Canada ($506M), Saudi Arabia ($366M), Indonesia ($297M), United States ($281M), and United Kingdom ($211M).
Tariffs In 2018 the average tariff for Other Large Iron Pipes was 7.41%, making it the 591st lowest tariff using the HS4 product classification.
Ranking Other Large Iron Pipes ranks 258th in the Product Complexity Index (PCI).
Description Tubes and pipes are used to transport liquids, gases, or other materials. They can be made from a variety of materials, including steel, aluminum, copper, and plastic.
The following visualization shows the latest trends on Other Large 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.
Trade By Country
Other Large Iron Pipes are the world's 429th most traded product.
In 2020, the top exporters of Other Large Iron Pipes were Germany ($742M), India ($648M), South Korea ($615M), Russia ($607M), and China ($563M).
In 2020, the top importers of Other Large Iron Pipes were Canada ($506M), Saudi Arabia ($366M), Indonesia ($297M), United States ($281M), and United Kingdom ($211M).
Trade by country
Between 2019 and 2020, the exports of Other Large Iron Pipes grew the fastest in Greece ($128M), United Kingdom ($95.1M), India ($84.7M), Netherlands ($45.3M), and Brazil ($36.4M).
Between 2019 and 2020, the fastest growing importers of Other Large Iron Pipes were Denmark ($181M), Uzbekistan ($165M), Saudi Arabia ($122M), Oman ($96.7M), and United Kingdom ($91.8M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Other Large Iron Pipes.
In 2020, market concentration measured using Shannon Entropy, was 4.24. This means that most of the exports of Other Large Iron Pipes are explained by 18 countries.
This map shows which countries export or import more of Other Large Iron Pipes. Each country is colored based on the difference in exports and imports of Other Large Iron Pipes during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Other Large Iron Pipes were India ($614M), South Korea ($611M), Russia ($562M), Germany ($546M), and China ($459M).
In 2020, the countries that had a largest trade value in imports than in exports of Other Large Iron Pipes were Canada ($458M), Saudi Arabia ($321M), Indonesia ($274M), Bulgaria ($207M), and Oman ($200M).
In 2020, the world most traded Other Large Iron Pipes, disaggragated by their HS6 level were Pipe-line submerged arc welded steel diameter... ($2.73B), Steel pipes nes, longitudinally welded diameter>406mm ($1.15B), Pipes nes, iron/steel, welded nes, diameter... ($591M), Pipe-line longitudinal nes welded steel,diameter>406m ($571M), and Pipe (oil/gas line) iron or steel... ($559M)
This visualization shows the countries that have an important ratio of their trade related to Other Large Iron Pipes. It is possible to select the main countries that export or import Other Large Iron Pipes in the world, or by continent, as well as select the measure of interest.
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.
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