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730431 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.95BRnk 1448 / 4644
2023
Top Exporter | Top Importer $419M | $162MGermany | Germany
2023
Product Complexity 0.53Rnk 1602 / 4656
2022 - 2023
Export Growth (CAGR) -7.68%Rnk 2439 / 4644
2023
Share of World Trade 0.0086%Rnk 1448 / 4644

About

Overview This page contains the latest trade data of Iron/non-alloy steel pipe, cold drawn/rolled, nes. In 2023, Iron/non-alloy steel pipe, cold drawn/rolled, nes were the world's 1448th most traded product, with a total trade of $1.95B. Between 2022 and 2023 the exports of Iron/non-alloy steel pipe, cold drawn/rolled, nes decreased by -7.68%, from $2.12B to $1.95B. Trade in Iron/non-alloy steel pipe, cold drawn/rolled, nes represent 0.0086% of total world trade.

Iron/non-alloy steel pipe, cold drawn/rolled, nes are a part of Iron Pipes.

Exports In 2023 the top exporters of Iron/non-alloy steel pipe, cold drawn/rolled, nes  were Germany ($419M), China ($386M), Italy ($221M), Romania ($132M), and Slovakia ($104M).

Imports In 2023 the top importers of Iron/non-alloy steel pipe, cold drawn/rolled, nes were Germany ($162M), Italy ($130M), Spain ($86.1M), France ($85.8M), and United States ($85.3M).

Ranking Iron/non-alloy steel pipe, cold drawn/rolled, nes ranks 1602nd in the Product Complexity Index (PCI).

Description Cold drawn steel pipe is used to provide a long-lasting and durable product. It is often used for plumbing. Steel pipe is also used to provide a durable and long-lasting product. It is often used for plumbing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Iron/non-alloy steel pipe, cold drawn/rolled, nes. 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)Germany$419M
Top Destination (2023)Germany$162M

In 2023 Iron/non-alloy steel pipe, cold drawn/rolled, nes were the world's 1448th most traded product (out of 4,644).

In 2023, the top exporters of Iron/non-alloy steel pipe, cold drawn/rolled, nes were Germany ($419M), China ($386M), Italy ($221M), Romania ($132M), and Slovakia ($104M).

In 2023, the top importers of Iron/non-alloy steel pipe, cold drawn/rolled, nes were Germany ($162M), Italy ($130M), Spain ($86.1M), France ($85.8M), and United States ($85.3M).

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Exporters of Iron/non-alloy steel pipe, cold drawn/rolled, nes (2023)
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Importers of Iron/non-alloy steel pipe, cold drawn/rolled, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$30M
Top Destination Growth (2022 -  2023)United Arab Emirates$20.5M

Between 2022 and 2023, the exports of Iron/non-alloy steel pipe, cold drawn/rolled, nes grew the fastest in Japan ($30M), Netherlands ($3.41M), Indonesia ($3.15M), Saudi Arabia ($2.72M), and Poland ($1.85M).

Between 2022 and 2023, the fastest growing importers of Iron/non-alloy steel pipe, cold drawn/rolled, nes were United Arab Emirates ($20.5M), India ($12.4M), South Korea ($7.22M), Malaysia ($6.42M), and France ($5.7M).

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Exporters of Iron/non-alloy steel pipe, cold drawn/rolled, nes (2022 - 2023)

Importers of Iron/non-alloy steel pipe, cold drawn/rolled, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron/non-alloy steel pipe, cold drawn/rolled, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Iron/non-alloy steel pipe, cold drawn/rolled, nes are explained by 15 countries.

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Value of Exports in Iron/non-alloy steel pipe, cold drawn/rolled, nes

Net Trade

TOP NET EXPORTER (2023)China$345M
TOP NET IMPORTER (2023)Saudi Arabia$80.4M

This map shows which countries export or import more of Iron/non-alloy steel pipe, cold drawn/rolled, nes. Each country is colored based on the difference in exports and imports of Iron/non-alloy steel pipe, cold drawn/rolled, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Iron/non-alloy steel pipe, cold drawn/rolled, nes were China ($345M), Germany ($257M), Italy ($90.7M), Romania ($90M), and Slovakia ($87.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Iron/non-alloy steel pipe, cold drawn/rolled, nes were Saudi Arabia ($80.4M), Canada ($57.5M), United Kingdom ($57.3M), United States ($52.5M), and Turkey ($48.4M).

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/non-alloy steel pipe, cold drawn/rolled, nes.
It is possible to select the main countries that export or import Iron/non-alloy steel pipe, cold drawn/rolled, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Iron/non-alloy steel pipe, cold drawn/rolled, nes 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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