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730629 (Harmonized System 2007 for 6-digit)

2023
World Trade $2.33BRnk 1346 / 5026
2023
Top Exporter | Top Importer $730M | $1.91BSouth Korea | United States
2023
Product Complexity 0.39Rnk 2012 / 5035
2022 - 2023
Export Growth (CAGR) -10.4%Rnk 2974 / 5026
2023
Share of World Trade 0.01%Rnk 1346 / 5026

About

Overview This page contains the latest trade data of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73. In 2023, Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 were the world's 1346th most traded product, with a total trade of $2.33B. Between 2022 and 2023 the exports of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 decreased by -10.4%, from $2.6B to $2.33B. Trade in Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 represent 0.01% of total world trade.

Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 are a part of Iron or steel (excluding cast iron); tubes, pipes and hollow profiles (not....

Exports In 2023 the top exporters of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73  were South Korea ($730M), Canada ($412M), United States ($230M), Chinese Taipei ($183M), and Italy ($156M).

Imports In 2023 the top importers of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 were United States ($1.91B), Canada ($238M), Saudi Arabia ($27.1M), United Arab Emirates ($24.5M), and Hungary ($9.65M).

Ranking Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 ranks 2012th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73. 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$730M
Top Destination (2023)United States$1.91B

In 2023 Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 were the world's 1346th most traded product (out of 5,026).

In 2023, the top exporters of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 were South Korea ($730M), Canada ($412M), United States ($230M), Chinese Taipei ($183M), and Italy ($156M).

In 2023, the top importers of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 were United States ($1.91B), Canada ($238M), Saudi Arabia ($27.1M), United Arab Emirates ($24.5M), and Hungary ($9.65M).

Explore Visualizations

Exporters of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 (2023)
[Click to Select a Country]

Importers of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$53.6M
Top Destination Growth (2022 -  2023)Hungary$9.16M

Between 2022 and 2023, the exports of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 grew the fastest in Vietnam ($53.6M), Philippines ($52.4M), Canada ($36.2M), Italy ($33.2M), and Thailand ($25.2M).

Between 2022 and 2023, the fastest growing importers of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 were Hungary ($9.16M), United Arab Emirates ($8.07M), Israel ($6.44M), Suriname ($4.2M), and Singapore ($3.46M).

Explore Visualizations

Exporters of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 (2022 - 2023)

Importers of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73.

In 2023, market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 are explained by 10 countries.

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Value of Exports in Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73

Net Trade

TOP NET EXPORTER (2023)South Korea$730M
TOP NET IMPORTER (2023)United States$1.68B

This map shows which countries export or import more of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73. Each country is colored based on the difference in exports and imports of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 were South Korea ($730M), Chinese Taipei ($183M), Canada ($174M), Italy ($155M), and Turkey ($94.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 were United States ($1.68B), Hungary ($9.64M), Malaysia ($5.88M), Qatar ($4.63M), and Argentina ($3.61M).

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 Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73.
It is possible to select the main countries that export or import Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron or steel (excluding cast iron): casing and tubing of a kind used in drilling for oil and gas (other than stainless steel or seamless), n.e.c. in chapter 73 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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