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Pricing

730610 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.15BRnk 1421 / 4648
2022
Top Exporter | Top Importer $597M | $843MSouth Korea | United States
2022
Product Complexity -0.28Rnk 2922 / 4653
2021 - 2022
Export Growth (CAGR) 21.7%Rnk 699 / 4648
2022
Share of World Trade 0.0091%Rnk 1421 / 4648

About

Overview This page contains the latest trade data of Pipe (oil/gas line) iron or steel nes, diameter <406m. In 2022, Pipe (oil/gas line) iron or steel nes, diameter <406m were the world's 1421st most traded product, with a total trade of $2.15B. Between 2021 and 2022 the exports of Pipe (oil/gas line) iron or steel nes, diameter <406m grew by 21.7%, from $1.77B to $2.15B. Trade in Pipe (oil/gas line) iron or steel nes, diameter <406m represent 0.0091% of total world trade.

Pipe (oil/gas line) iron or steel nes, diameter <406m are a part of Other Small Iron Pipes.

Exports In 2022 the top exporters of Pipe (oil/gas line) iron or steel nes, diameter <406m  were South Korea ($597M), China ($393M), Germany ($120M), Turkey ($113M), and Mexico ($109M).

Imports In 2022 the top importers of Pipe (oil/gas line) iron or steel nes, diameter <406m were United States ($843M), Canada ($78M), Oman ($65.9M), Malaysia ($65.5M), and Australia ($54.7M).

Ranking Pipe (oil/gas line) iron or steel nes, diameter <406m ranks 2922nd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pipe (oil/gas line) iron or steel nes, diameter <406m. 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)South Korea$597M
Top Destination (2022)United States$843M

In 2022 Pipe (oil/gas line) iron or steel nes, diameter <406m were the world's 1421st most traded product (out of 4,648).

In 2022, the top exporters of Pipe (oil/gas line) iron or steel nes, diameter <406m were South Korea ($597M), China ($393M), Germany ($120M), Turkey ($113M), and Mexico ($109M).

In 2022, the top importers of Pipe (oil/gas line) iron or steel nes, diameter <406m were United States ($843M), Canada ($78M), Oman ($65.9M), Malaysia ($65.5M), and Australia ($54.7M).

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Exporters of Pipe (oil/gas line) iron or steel nes, diameter <406m (2022)
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Importers of Pipe (oil/gas line) iron or steel nes, diameter <406m (2022)
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Market Dynamics

Color
Top Origin Decrease (2021 -  2022)Russia-$60.5M
Top Destination Growth (2021 -  2022)United States$380M

Between 2021 and 2022, the fastest declining exporters of Pipe (oil/gas line) iron or steel nes, diameter <406m were Russia (-$60.5M), Germany (-$23.5M), Denmark (-$13M), Spain (-$7.05M), and Ukraine (-$6.98M).

Between 2021 and 2022, the fastest growing importers of Pipe (oil/gas line) iron or steel nes, diameter <406m were United States ($380M), Malaysia ($57.3M), Canada ($35M), Mauritania ($28.7M), and Poland ($19.8M).

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Exporters of Pipe (oil/gas line) iron or steel nes, diameter <406m (2021 - 2022)

Importers of Pipe (oil/gas line) iron or steel nes, diameter <406m (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pipe (oil/gas line) iron or steel nes, diameter <406m.

In 2022, market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Pipe (oil/gas line) iron or steel nes, diameter <406m are explained by 14 countries.

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Value of Exports in Pipe (oil/gas line) iron or steel nes, diameter <406m

Net Trade

TOP NET EXPORTER (2022)South Korea$592M
TOP NET IMPORTER (2022)United States$795M

This map shows which countries export or import more of Pipe (oil/gas line) iron or steel nes, diameter <406m. Each country is colored based on the difference in exports and imports of Pipe (oil/gas line) iron or steel nes, diameter <406m during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Pipe (oil/gas line) iron or steel nes, diameter <406m were South Korea ($592M), China ($390M), Turkey ($108M), India ($88.3M), and Germany ($85M).

In 2022, the countries that had a largest trade value in imports than in exports of Pipe (oil/gas line) iron or steel nes, diameter <406m were United States ($795M), Oman ($65.8M), Australia ($53.9M), Malaysia ($53.1M), and Egypt ($51.4M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Pipe (oil/gas line) iron or steel nes, diameter <406m.
It is possible to select the main countries that export or import Pipe (oil/gas line) iron or steel nes, diameter <406m in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pipe (oil/gas line) iron or steel nes, diameter <406m 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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