Tube or pipe fittings (e.g. couplings, elbows, sleeves), of iron or steel

7307 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Iron Pipe Fittings. In 2022, Iron Pipe Fittings were the world's 196th most traded product, with a total trade of $22.7B. Between 2021 and 2022 the exports of Iron Pipe Fittings grew by 14.5%, from $19.8B to $22.7B. Trade in Iron Pipe Fittings represent 0.096% of total world trade.

Iron Pipe Fittings are a part of Iron or steel articles. They include Fittings, pipe or tube, iron or steel, nes, Pipe fittings of stainless steel except butt welding, Pipe fittings of malleable iron or steel, cast, Pipe flanges, iron or steel except stainless/cast, Butt weld fittings, iron/steel except stainless/cast, Flanges, stainless steel, Threaded fittings, iron or steel except stainless/cas, Pipe fittings, butt welding of stainless steel, Threaded elbows, bends and sleeves of stainless steel, and Pipe fittings of non-malleable cast iron, among others.

Exports In 2022 the top exporters of Iron Pipe Fittings  were China ($6.05B), Italy ($1.98B), United States ($1.97B), Germany ($1.92B), and South Korea ($1.09B).

Imports In 2022 the top importers of Iron Pipe Fittings were United States ($3.42B), Germany ($1.76B), Canada ($1.07B), Japan ($813M), and France ($734M).

Ranking Iron Pipe Fittings ranks 130th in the Product Complexity Index (PCI).

Description Tube or pipe fittings are used to connect two pieces of tube or pipe together. They can be made from a variety of materials, including iron and steel.

Latest Data

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The following visualization shows the latest trends on Iron Pipe Fittings. 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$6.05B
Top Destination (2022)United States$3.42B

In 2022 Iron Pipe Fittings were the world's 196th most traded product (out of 1,218).

In 2022, the top exporters of Iron Pipe Fittings were China ($6.05B), Italy ($1.98B), United States ($1.97B), Germany ($1.92B), and South Korea ($1.09B).

In 2022, the top importers of Iron Pipe Fittings were United States ($3.42B), Germany ($1.76B), Canada ($1.07B), Japan ($813M), and France ($734M).

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Exporters of Iron Pipe Fittings (2022)
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Importers of Iron Pipe Fittings (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$841M
Top Destination Growth (2021 -  2022)United States$926M

Between 2021 and 2022, the exports of Iron Pipe Fittings grew the fastest in China ($841M), United States ($328M), India ($315M), Italy ($252M), and South Korea ($224M).

Between 2021 and 2022, the fastest growing importers of Iron Pipe Fittings were United States ($926M), Germany ($246M), Canada ($242M), Italy ($101M), and Mexico ($96.1M).

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Exporters of Iron Pipe Fittings (2021 - 2022)

Importers of Iron Pipe Fittings (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron Pipe Fittings.

In 2022, market concentration measured using Shannon Entropy, was 4.3. This means that most of the exports of Iron Pipe Fittings are explained by 19 countries.

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Value of Exports in Iron Pipe Fittings

Net Trade

TOP NET EXPORTER (2022)China$5.35B
TOP NET IMPORTER (2022)United States$1.46B

This map shows which countries export or import more of Iron Pipe Fittings. Each country is colored based on the difference in exports and imports of Iron Pipe Fittings during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Iron Pipe Fittings were China ($5.35B), Italy ($1.4B), India ($780M), South Korea ($569M), and Poland ($225M).

In 2022, the countries that had a largest trade value in imports than in exports of Iron Pipe Fittings were United States ($1.46B), Canada ($883M), Saudi Arabia ($426M), Japan ($373M), and France ($324M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Iron Pipe Fittings, disaggragated by their HS6 level were Fittings, pipe or tube, iron or... ($5.23B), Pipe fittings of stainless steel except... ($3.47B), Pipe fittings of malleable iron or... ($2.59B), Pipe flanges, iron or steel except... ($2.51B), and Flanges, stainless steel ($1.85B)

HS6 Disaggregation for Iron Pipe Fittings (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Iron Pipe Fittings.
It is possible to select the main countries that export or import Iron Pipe Fittings in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron Pipe Fittings by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $115M
TOP IMPORT POTENTIALSouth Korea+ $34M

Iron Pipe Fittings’s highest export potential is United States. With an export gap of $115M.  Iron Pipe Fittings’s highest import potential is South Korea with an import gap of $34M.

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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)

Country by Relatedness

The following visualization shows the relatedness of Iron Pipe Fittings to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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