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730511 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.63BRnk 1245 / 4648
2022
Top Exporter | Top Importer $543M | $439MGermany | Indonesia
2022
Product Complexity 0.78Rnk 1128 / 4653
2021 - 2022
Export Growth (CAGR) 21.3%Rnk 724 / 4648
2022
Share of World Trade 0.011%Rnk 1245 / 4648

About

Overview This page contains the latest trade data of Pipe-line submerged arc welded steel diameter >406mm. In 2022, Pipe-line submerged arc welded steel diameter >406mm were the world's 1245th most traded product, with a total trade of $2.63B. Between 2021 and 2022 the exports of Pipe-line submerged arc welded steel diameter >406mm grew by 21.3%, from $2.17B to $2.63B. Trade in Pipe-line submerged arc welded steel diameter >406mm represent 0.011% of total world trade.

Pipe-line submerged arc welded steel diameter >406mm are a part of Other Large Iron Pipes.

Exports In 2022 the top exporters of Pipe-line submerged arc welded steel diameter >406mm  were Germany ($543M), India ($355M), South Korea ($343M), Japan ($263M), and Russia ($256M).

Imports In 2022 the top importers of Pipe-line submerged arc welded steel diameter >406mm were Indonesia ($439M), United States ($261M), Canada ($195M), Qatar ($192M), and Saudi Arabia ($176M).

Ranking Pipe-line submerged arc welded steel diameter >406mm ranks 1128th in the Product Complexity Index (PCI).

Description A common use of pipe-line submerged arc welded steel diameter >406mm is in oil-wells. Another use is in gasoline-storage tanks.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Pipe-line submerged arc welded steel diameter >406mm. 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)Germany$543M
Top Destination (2022)Indonesia$439M

In 2022 Pipe-line submerged arc welded steel diameter >406mm were the world's 1245th most traded product (out of 4,648).

In 2022, the top exporters of Pipe-line submerged arc welded steel diameter >406mm were Germany ($543M), India ($355M), South Korea ($343M), Japan ($263M), and Russia ($256M).

In 2022, the top importers of Pipe-line submerged arc welded steel diameter >406mm were Indonesia ($439M), United States ($261M), Canada ($195M), Qatar ($192M), and Saudi Arabia ($176M).

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Exporters of Pipe-line submerged arc welded steel diameter >406mm (2022)
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Importers of Pipe-line submerged arc welded steel diameter >406mm (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Korea$203M
Top Destination Growth (2021 -  2022)Indonesia$398M

Between 2021 and 2022, the exports of Pipe-line submerged arc welded steel diameter >406mm grew the fastest in South Korea ($203M), Greece ($128M), Germany ($117M), Japan ($74.9M), and Brazil ($55.1M).

Between 2021 and 2022, the fastest growing importers of Pipe-line submerged arc welded steel diameter >406mm were Indonesia ($398M), Mauritania ($122M), Kazakhstan ($113M), Malaysia ($85.3M), and United States ($77.8M).

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Exporters of Pipe-line submerged arc welded steel diameter >406mm (2021 - 2022)

Importers of Pipe-line submerged arc welded steel diameter >406mm (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pipe-line submerged arc welded steel diameter >406mm.

In 2022, market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Pipe-line submerged arc welded steel diameter >406mm are explained by 11 countries.

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Value of Exports in Pipe-line submerged arc welded steel diameter >406mm

Net Trade

TOP NET EXPORTER (2022)Germany$529M
TOP NET IMPORTER (2022)Indonesia$329M

This map shows which countries export or import more of Pipe-line submerged arc welded steel diameter >406mm. Each country is colored based on the difference in exports and imports of Pipe-line submerged arc welded steel diameter >406mm during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Pipe-line submerged arc welded steel diameter >406mm were Germany ($529M), South Korea ($343M), India ($340M), Japan ($262M), and China ($247M).

In 2022, the countries that had a largest trade value in imports than in exports of Pipe-line submerged arc welded steel diameter >406mm were Indonesia ($329M), Canada ($194M), Qatar ($192M), United States ($171M), and Saudi Arabia ($161M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Pipe-line submerged arc welded steel diameter >406mm.
It is possible to select the main countries that export or import Pipe-line submerged arc welded steel diameter >406mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pipe-line submerged arc welded steel diameter >406mm 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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