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730411 (Harmonized System 2007 for 6-digit)

2023
World Trade $816MRnk 2445 / 5026
2023
Top Exporter | Top Importer $194M | $113MSaudi Arabia | Chile
2023
Product Complexity -0.061Rnk 2849 / 5035
2022 - 2023
Export Growth (CAGR) 6.5%Rnk 988 / 5026
2023
Share of World Trade 0.0036%Rnk 2445 / 5026

About

Overview This page contains the latest trade data of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel. In 2023, Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were the world's 2445th most traded product, with a total trade of $816M. Between 2022 and 2023 the exports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel grew by 6.5%, from $766M to $816M. Trade in Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel represent 0.0036% of total world trade.

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

Exports In 2023 the top exporters of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel  were Saudi Arabia ($194M), China ($150M), South Korea ($87.1M), Japan ($86.4M), and Italy ($31.4M).

Imports In 2023 the top importers of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were Chile ($113M), United Arab Emirates ($86.1M), Saudi Arabia ($75.2M), Indonesia ($47.8M), and Malaysia ($47.6M).

Ranking Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel ranks 2849th 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): seamless, line pipe of a kind used for oil or gas pipelines, 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)Saudi Arabia$194M
Top Destination (2023)Chile$113M

In 2023 Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were the world's 2445th most traded product (out of 5,026).

In 2023, the top exporters of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were Saudi Arabia ($194M), China ($150M), South Korea ($87.1M), Japan ($86.4M), and Italy ($31.4M).

In 2023, the top importers of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were Chile ($113M), United Arab Emirates ($86.1M), Saudi Arabia ($75.2M), Indonesia ($47.8M), and Malaysia ($47.6M).

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Exporters of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel (2023)
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Importers of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$42.6M
Top Destination Growth (2022 -  2023)Chile$112M

Between 2022 and 2023, the exports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel grew the fastest in South Korea ($42.6M), Saudi Arabia ($36.8M), Singapore ($9.66M), United Arab Emirates ($8.7M), and Japan ($8M).

Between 2022 and 2023, the fastest growing importers of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were Chile ($112M), Saudi Arabia ($52.4M), United Arab Emirates ($45.8M), Norway ($33.9M), and Indonesia ($12.4M).

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Exporters of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel (2022 - 2023)

Importers of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel are explained by 14 countries.

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

Net Trade

TOP NET EXPORTER (2023)China$133M
TOP NET IMPORTER (2023)Chile$113M

This map shows which countries export or import more of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel. Each country is colored based on the difference in exports and imports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were China ($133M), Saudi Arabia ($119M), South Korea ($82M), Japan ($75.1M), and Italy ($20.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Iron or steel (excluding cast iron): seamless, line pipe of a kind used for oil or gas pipelines, of stainless steel were Chile ($113M), United Arab Emirates ($64.5M), Indonesia ($45.4M), Malaysia ($43.1M), and United States ($25M).

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