HS Icon Other Large Iron Pipes

7305 (Harmonized System 1992 for 4-digit)

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.

The countries with the highest import tariffs for Other Large Iron Pipes are Bahamas (40.4%), Iran (28.8%), Bermuda (25%), and Cayman Islands (22%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), South Korea (0%), and Singapore (0%).

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.

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Y-AXIS SCALE

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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Germany, $742M

Top Destination (2020): Canada, $506M

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).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Greece, $128M

Top Destination Growth (2019 - 2020): Denmark, $181M

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).

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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 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.

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TOP NET EXPORTER (2020): India, $614M

TOP NET IMPORTER (2020): Canada, $458M

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).

Disaggregation

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Value

In 2019, 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)

Country Comparison

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Measure
Ranking

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.

Import Tariffs

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In 2018, the average tariff for importing Other Large Iron Pipes was 7.41%. The countries with the highest tariffs for importing Other Large Iron Pipes were Bahamas (40.4%), Iran (28.8%), Bermuda (25%), and Cayman Islands (22%).

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