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730423 (Harmonized System 2007 for 6-digit)

2022
World Trade $745MRnk 2630 / 5023
2022
Top Exporter | Top Importer $323M | $123MChina | United States
2022
Product Complexity -1.29Rnk 4423 / 5030
2022
Share of World Trade 0.0031%Rnk 2630 / 5023

About

Overview This page contains the latest trade data of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas. In 2022, Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas were the world's 2630th most traded product, with a total trade of $745M.

Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas are a part of Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron)....

Exports In 2022 the top exporters of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas  were China ($323M), United States ($122M), Austria ($60.9M), Mexico ($28.8M), and United Arab Emirates ($19.2M).

Imports In 2022 the top importers of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas were United States ($123M), United Arab Emirates ($67.2M), Saudi Arabia ($58.4M), Mexico ($42.9M), and Thailand ($28.7M).

Ranking Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas ranks 4423rd 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 or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas. 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 (2022)China$323M
Top Destination (2022)United States$123M

In 2022 Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas were the world's 2630th most traded product (out of 5,023).

In 2022, the top exporters of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas were China ($323M), United States ($122M), Austria ($60.9M), Mexico ($28.8M), and United Arab Emirates ($19.2M).

In 2022, the top importers of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas were United States ($123M), United Arab Emirates ($67.2M), Saudi Arabia ($58.4M), Mexico ($42.9M), and Thailand ($28.7M).

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Exporters of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas (2022)
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Importers of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$165M
Top Destination Growth (2021 -  2022)United States$82.7M

Between 2021 and 2022, the exports of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas grew the fastest in China ($165M), Austria ($38.7M), United States ($28.5M), Thailand ($17.1M), and Mexico ($7.58M).

Between 2021 and 2022, the fastest growing importers of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas were United States ($82.7M), United Arab Emirates ($54.6M), Saudi Arabia ($35.8M), Thailand ($23.9M), and Australia ($13.5M).

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Exporters of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas (2021 - 2022)

Importers of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas.

In 2022, market concentration measured using Shannon Entropy, was 3.31. This means that most of the exports of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas are explained by 9 countries.

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Value of Exports in Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas

Net Trade

TOP NET EXPORTER (2022)China$315M
TOP NET IMPORTER (2022)Saudi Arabia$58.4M

This map shows which countries export or import more of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas. Each country is colored based on the difference in exports and imports of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas were China ($315M), Austria ($59.1M), Japan ($11.9M), Germany ($9.47M), and France ($7.76M).

In 2022, the countries that had a largest trade value in imports than in exports of Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas were Saudi Arabia ($58.4M), United Arab Emirates ($48M), Colombia ($17.2M), Australia ($16.3M), and Canada ($15.7M).

Net Trade (2022)

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 or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas.
It is possible to select the main countries that export or import Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas 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 or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas 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 (2022)

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