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730722 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.13BRnk 1979 / 4644
2023
Top Exporter | Top Importer $311M | $158MUnited States | United States
2023
Product Complexity 1.29Rnk 342 / 4656
2022 - 2023
Export Growth (CAGR) -3.31%Rnk 1892 / 4644
2023
Share of World Trade 0.005%Rnk 1979 / 4644

About

Overview This page contains the latest trade data of Threaded elbows, bends and sleeves of stainless steel. In 2023, Threaded elbows, bends and sleeves of stainless steel were the world's 1979th most traded product, with a total trade of $1.13B. Between 2022 and 2023 the exports of Threaded elbows, bends and sleeves of stainless steel decreased by -3.31%, from $1.17B to $1.13B. Trade in Threaded elbows, bends and sleeves of stainless steel represent 0.005% of total world trade.

Threaded elbows, bends and sleeves of stainless steel are a part of Iron Pipe Fittings.

Exports In 2023 the top exporters of Threaded elbows, bends and sleeves of stainless steel  were United States ($311M), China ($155M), Italy ($112M), Germany ($103M), and South Korea ($43.5M).

Imports In 2023 the top importers of Threaded elbows, bends and sleeves of stainless steel were United States ($158M), Germany ($90.9M), Canada ($58.1M), United Kingdom ($58M), and Japan ($50.9M).

Ranking Threaded elbows, bends and sleeves of stainless steel ranks 342nd in the Product Complexity Index (PCI).

Description Threaded elbows, bends and sleeves are typically used to connect pipe segments together in a straight line, for example, connecting pipes that have been cut to length.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Threaded elbows, bends and sleeves of stainless steel. 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)United States$311M
Top Destination (2023)United States$158M

In 2023 Threaded elbows, bends and sleeves of stainless steel were the world's 1979th most traded product (out of 4,644).

In 2023, the top exporters of Threaded elbows, bends and sleeves of stainless steel were United States ($311M), China ($155M), Italy ($112M), Germany ($103M), and South Korea ($43.5M).

In 2023, the top importers of Threaded elbows, bends and sleeves of stainless steel were United States ($158M), Germany ($90.9M), Canada ($58.1M), United Kingdom ($58M), and Japan ($50.9M).

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Exporters of Threaded elbows, bends and sleeves of stainless steel (2023)
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Importers of Threaded elbows, bends and sleeves of stainless steel (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$7.59M
Top Destination Growth (2022 -  2023)United Arab Emirates$14.2M

Between 2022 and 2023, the exports of Threaded elbows, bends and sleeves of stainless steel grew the fastest in United Kingdom ($7.59M), Germany ($7.26M), France ($5.69M), Romania ($5.38M), and South Korea ($4.06M).

Between 2022 and 2023, the fastest growing importers of Threaded elbows, bends and sleeves of stainless steel were United Arab Emirates ($14.2M), Brazil ($6.18M), Italy ($4.6M), United Kingdom ($4.03M), and Saudi Arabia ($3.94M).

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Exporters of Threaded elbows, bends and sleeves of stainless steel (2022 - 2023)

Importers of Threaded elbows, bends and sleeves of stainless steel (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Threaded elbows, bends and sleeves of stainless steel.

In 2023, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Threaded elbows, bends and sleeves of stainless steel are explained by 15 countries.

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Value of Exports in Threaded elbows, bends and sleeves of stainless steel

Net Trade

TOP NET EXPORTER (2023)United States$153M
TOP NET IMPORTER (2023)Canada$51.3M

This map shows which countries export or import more of Threaded elbows, bends and sleeves of stainless steel. Each country is colored based on the difference in exports and imports of Threaded elbows, bends and sleeves of stainless steel during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Threaded elbows, bends and sleeves of stainless steel were United States ($153M), China ($115M), Italy ($85.1M), South Korea ($27.8M), and Israel ($19.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Threaded elbows, bends and sleeves of stainless steel were Canada ($51.3M), Mexico ($29.2M), Spain ($25.4M), Japan ($24.9M), and United Kingdom ($24.4M).

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 Threaded elbows, bends and sleeves of stainless steel.
It is possible to select the main countries that export or import Threaded elbows, bends and sleeves of stainless steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Threaded elbows, bends and sleeves of stainless steel 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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