HS Icon Cast Iron Pipes

7303 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.62B, Rnk 793 / 1225

Top Exporter (2018): $441M, China

Top Importer (2018): $101M, France

Export Growth (CAGR)(2017 - 2018): 30.4%, Rnk 170 / 1225

Mean Tariff (2018): 5.87%, Rnk 717 / 1259

Share of World Trade (2018): 0.0088%, Rnk 793 / 1225

Overview:  This page contains the latest trade data of Cast Iron Pipes. In 2018, Cast Iron Pipes were the world's 793rd most traded product, with a total trade of $1.62B. Between 2017 and 2018 the exports of Cast Iron Pipes grew by 30.4%, from  $1.24B to $1.62B. Trade in Cast Iron Pipes represent 0.0088% of total world trade.

Exports: In 2018 the top exporters of Cast Iron Pipes  were China ($441M), France ($192M), India ($165M), Germany ($150M), and United Arab Emirates ($117M).

Imports: In 2018 the top importers of Cast Iron Pipes were France ($101M), Kuwait ($86.9M), Saudi Arabia ($65.3M), Qatar ($63.1M), and Senegal ($60.4M).

Tariffs: In 2018 the average tariff for Cast Iron Pipes was 5.87%, been the 717 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Cast Iron Pipes are Bahamas (40.2%), Bermuda (25%), Bangladesh (24.5%), Tanzania (23.6%), and Rwanda (23.5%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Uganda (0%), Hong Kong (0%), and Singapore (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $441M

Top Destination (2018): France, $101M

Cast Iron Pipes are the world's 793rd most traded product.

In 2018, the top exporters of Cast Iron Pipes were China ($441M), France ($192M), India ($165M), Germany ($150M), and United Arab Emirates ($117M).

In 2018, the top importers of Cast Iron Pipes were France ($101M), Kuwait ($86.9M), Saudi Arabia ($65.3M), Qatar ($63.1M), and Senegal ($60.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United Arab Emirates, $80.7M

Top Destination Growth (2017 - 2018): Senegal, $48.7M

Between 2017 and 2018, the exports of Cast Iron Pipes grew the fastest in United Arab Emirates ($80.7M), France ($67.2M), India ($45.5M), Japan ($25.6M), and Spain ($24.5M).

Between 2017 and 2018, the fastest growing importers of Cast Iron Pipes were Senegal ($48.7M), Saudi Arabia ($46.3M), Qatar ($45.4M), Vietnam ($29.7M), and Panama ($20.5M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Cast Iron Pipes.

In 2018,  market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Cast Iron Pipes are explained by 15 countries.

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TOP NET EXPORTER (2018): China, $427M

TOP NET IMPORTER (2018): Kuwait, $85.6M

This map shows which countries export or import more of Cast Iron Pipes. Each country is colored based on the difference in exports and imports of Cast Iron Pipes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Cast Iron Pipes were China ($427M), India ($152M), Germany ($101M), United Arab Emirates ($91.7M), and France ($91.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Cast Iron Pipes were Kuwait ($85.6M), Qatar ($62.9M), Senegal ($60M), Vietnam ($51.3M), and Saudi Arabia ($40.2M).

Trade Forecasts

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This section shows forecasts for total trade for Cast Iron Pipes. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Cast Iron Pipes was 5.87%.  The countries with the highest tariffs for importing Cast Iron Pipes were Bahamas (40.2%), Bermuda (25%), Bangladesh (24.5%), Tanzania (23.6%), and Rwanda (23.5%).

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Product Complexity

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Diversification Frontier

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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.