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730429 (Harmonized System 1996 for 6-digit)

2023
World Trade $11.2BRnk 323 / 4766
2023
Top Exporter | Top Importer $2.32B | $2.86BChina | United States
2023
Product Complexity -0.39Rnk 3171 / 4780
2022 - 2023
Export Growth (CAGR) 20.3%Rnk 292 / 4766
2023
Share of World Trade 0.049%Rnk 323 / 4766

About

Overview This page contains the latest trade data of Seamless Pipes: For Oil or Gas Drilling. In 2023, Seamless Pipes: For Oil or Gas Drilling were the world's 323rd most traded product, with a total trade of $11.2B. Between 2022 and 2023 the exports of Seamless Pipes: For Oil or Gas Drilling grew by 20.3%, from $9.27B to $11.2B. Trade in Seamless Pipes: For Oil or Gas Drilling represent 0.049% of total world trade.

Seamless Pipes: For Oil or Gas Drilling are a part of Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron)....

Exports In 2023 the top exporters of Seamless Pipes: For Oil or Gas Drilling  were China ($2.32B), Japan ($2.31B), Mexico ($1.07B), Austria ($643M), and Italy ($503M).

Imports In 2023 the top importers of Seamless Pipes: For Oil or Gas Drilling were United States ($2.86B), United Arab Emirates ($836M), Canada ($587M), Oman ($495M), and Kuwait ($494M).

Ranking Seamless Pipes: For Oil or Gas Drilling ranks 3171st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Seamless Pipes: For Oil or Gas Drilling. 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 (2023)China$2.32B
Top Destination (2023)United States$2.86B

In 2023 Seamless Pipes: For Oil or Gas Drilling were the world's 323rd most traded product (out of 4,766).

In 2023, the top exporters of Seamless Pipes: For Oil or Gas Drilling were China ($2.32B), Japan ($2.31B), Mexico ($1.07B), Austria ($643M), and Italy ($503M).

In 2023, the top importers of Seamless Pipes: For Oil or Gas Drilling were United States ($2.86B), United Arab Emirates ($836M), Canada ($587M), Oman ($495M), and Kuwait ($494M).

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Exporters of Seamless Pipes: For Oil or Gas Drilling (2023)
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Importers of Seamless Pipes: For Oil or Gas Drilling (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$516M
Top Destination Growth (2022 -  2023)United Arab Emirates$363M

Between 2022 and 2023, the exports of Seamless Pipes: For Oil or Gas Drilling grew the fastest in Japan ($516M), Canada ($250M), Italy ($229M), Thailand ($218M), and China ($211M).

Between 2022 and 2023, the fastest growing importers of Seamless Pipes: For Oil or Gas Drilling were United Arab Emirates ($363M), United States ($324M), Brazil ($211M), Saudi Arabia ($199M), and Indonesia ($155M).

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Exporters of Seamless Pipes: For Oil or Gas Drilling (2022 - 2023)

Importers of Seamless Pipes: For Oil or Gas Drilling (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Seamless Pipes: For Oil or Gas Drilling.

In 2023, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Seamless Pipes: For Oil or Gas Drilling are explained by 15 countries.

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Value of Exports in Seamless Pipes: For Oil or Gas Drilling

Net Trade

TOP NET EXPORTER (2023)Japan$2.31B
TOP NET IMPORTER (2023)United States$2.72B

This map shows which countries export or import more of Seamless Pipes: For Oil or Gas Drilling. Each country is colored based on the difference in exports and imports of Seamless Pipes: For Oil or Gas Drilling during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Seamless Pipes: For Oil or Gas Drilling were Japan ($2.31B), China ($2.18B), Mexico ($1.01B), Austria ($637M), and Italy ($449M).

In 2023, the countries that had a largest trade value in imports than in exports of Seamless Pipes: For Oil or Gas Drilling were United States ($2.72B), United Arab Emirates ($667M), Kuwait ($494M), Oman ($493M), and Qatar ($341M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Seamless Pipes: For Oil or Gas Drilling 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 (2023)

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