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730531 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.27BRnk 1849 / 4644
2023
Top Exporter | Top Importer $244M | $149MSouth Korea | Morocco
2023
Product Complexity -0.14Rnk 2743 / 4656
2022 - 2023
Export Growth (CAGR) 25%Rnk 198 / 4644
2023
Share of World Trade 0.0056%Rnk 1849 / 4644

About

Overview This page contains the latest trade data of Steel pipes nes, longitudinally welded diameter>406mm. In 2023, Steel pipes nes, longitudinally welded diameter>406mm were the world's 1849th most traded product, with a total trade of $1.27B. Between 2022 and 2023 the exports of Steel pipes nes, longitudinally welded diameter>406mm grew by 25%, from $1.01B to $1.27B. Trade in Steel pipes nes, longitudinally welded diameter>406mm represent 0.0056% of total world trade.

Steel pipes nes, longitudinally welded diameter>406mm are a part of Other Large Iron Pipes.

Exports In 2023 the top exporters of Steel pipes nes, longitudinally welded diameter>406mm  were South Korea ($244M), Germany ($237M), China ($162M), India ($156M), and Russia ($72.1M).

Imports In 2023 the top importers of Steel pipes nes, longitudinally welded diameter>406mm were Morocco ($149M), United Arab Emirates ($89.3M), Saudi Arabia ($86M), United States ($63.8M), and Netherlands ($62M).

Ranking Steel pipes nes, longitudinally welded diameter>406mm ranks 2743rd in the Product Complexity Index (PCI).

Description Steel pipes are used to transport gas, oil, water, and other liquids. They can also be used to contain chemicals and can be used for the construction industry.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Steel pipes nes, longitudinally welded 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 (2023)South Korea$244M
Top Destination (2023)Morocco$149M

In 2023 Steel pipes nes, longitudinally welded diameter>406mm were the world's 1849th most traded product (out of 4,644).

In 2023, the top exporters of Steel pipes nes, longitudinally welded diameter>406mm were South Korea ($244M), Germany ($237M), China ($162M), India ($156M), and Russia ($72.1M).

In 2023, the top importers of Steel pipes nes, longitudinally welded diameter>406mm were Morocco ($149M), United Arab Emirates ($89.3M), Saudi Arabia ($86M), United States ($63.8M), and Netherlands ($62M).

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Exporters of Steel pipes nes, longitudinally welded diameter>406mm (2023)
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Importers of Steel pipes nes, longitudinally welded diameter>406mm (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$145M
Top Destination Growth (2022 -  2023)Morocco$128M

Between 2022 and 2023, the exports of Steel pipes nes, longitudinally welded diameter>406mm grew the fastest in India ($145M), Germany ($124M), South Korea ($42.1M), Indonesia ($26.9M), and Italy ($13.1M).

Between 2022 and 2023, the fastest growing importers of Steel pipes nes, longitudinally welded diameter>406mm were Morocco ($128M), Saudi Arabia ($44.6M), Chinese Taipei ($33.2M), United Kingdom ($31.3M), and United Arab Emirates ($29.5M).

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Exporters of Steel pipes nes, longitudinally welded diameter>406mm (2022 - 2023)

Importers of Steel pipes nes, longitudinally welded diameter>406mm (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Steel pipes nes, longitudinally welded diameter>406mm.

In 2023, market concentration measured using Shannon Entropy, was 3.81. This means that most of the exports of Steel pipes nes, longitudinally welded diameter>406mm are explained by 14 countries.

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Value of Exports in Steel pipes nes, longitudinally welded diameter>406mm

Net Trade

TOP NET EXPORTER (2023)South Korea$241M
TOP NET IMPORTER (2023)Morocco$149M

This map shows which countries export or import more of Steel pipes nes, longitudinally welded diameter>406mm. Each country is colored based on the difference in exports and imports of Steel pipes nes, longitudinally welded diameter>406mm during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Steel pipes nes, longitudinally welded diameter>406mm were South Korea ($241M), Germany ($212M), China ($130M), India ($116M), and Russia ($69.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Steel pipes nes, longitudinally welded diameter>406mm were Morocco ($149M), United Arab Emirates ($84.4M), Saudi Arabia ($83.4M), Kazakhstan ($43.5M), and Norway ($38.2M).

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 Steel pipes nes, longitudinally welded diameter>406mm.
It is possible to select the main countries that export or import Steel pipes nes, longitudinally welded diameter>406mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Steel pipes nes, longitudinally welded 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 (2023)

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