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Pricing

Iron or steel (excluding cast iron); tubes, pipes and hollow profiles (not seamless), n.e.c. in chapter 73

7306 (Harmonized System 1992 for 4-digit)

2023
World Trade $27BRnk 165 / 1217
2023
Top Exporter | Top Importer $4.03B | $5.33BItaly | United States
2023
Product Complexity -0.62Rnk 754 / 1044
2022 - 2023
Export Growth (CAGR) -14.9%Rnk 903 / 1217
2023
Share of World Trade 0.12%Rnk 165 / 1217

About

Overview This page contains the latest trade data of Other Small Iron Pipes. In 2023, Other Small Iron Pipes were the world's 165th most traded product, with a total trade of $27B. Between 2022 and 2023 the exports of Other Small Iron Pipes decreased by -14.9%, from $31.7B to $27B. Trade in Other Small Iron Pipes represent 0.12% of total world trade.

Other Small Iron Pipes are a part of Iron/Steel Articles. They include Pipes etc nes, iron/steel welded nes,diameter <406.4m, Hollow profiles/tubes,iron/steel,non-circular, welded, Pipes and tubing, stainless steel, welded, Pipe (oil/gas line) iron or steel nes, diameter <406m, Tube/pipe/hollow profile, iron/steel,riveted/open sea, Casings,circular, iron/steel, oil/gas drilling <406mm, and Pipes and tubing, alloy steel nes, welded.

Exports In 2023 the top exporters of Other Small Iron Pipes  were Italy ($4.03B), China ($3.7B), South Korea ($1.93B), Germany ($1.67B), and United States ($1.45B).

Imports In 2023 the top importers of Other Small Iron Pipes were United States ($5.33B), Germany ($2.08B), Canada ($1.2B), France ($1.06B), and Mexico ($798M).

Ranking Other Small Iron Pipes ranks 754th in the Product Complexity Index (PCI).

Description Tubes, pipes and hollow profiles are used in the production of other goods. They can be made from a variety of materials, including steel, aluminum, copper, and plastic.

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Other Small Iron Pipes. 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)Italy$4.03B
Top Destination (2023)United States$5.33B

In 2023 Other Small Iron Pipes were the world's 165th most traded product (out of 1,217).

In 2023, the top exporters of Other Small Iron Pipes were Italy ($4.03B), China ($3.7B), South Korea ($1.93B), Germany ($1.67B), and United States ($1.45B).

In 2023, the top importers of Other Small Iron Pipes were United States ($5.33B), Germany ($2.08B), Canada ($1.2B), France ($1.06B), and Mexico ($798M).

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Exporters of Other Small Iron Pipes (2023)
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Importers of Other Small Iron Pipes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Norway$36.4M
Top Destination Growth (2022 -  2023)United Arab Emirates$101M

Between 2022 and 2023, the exports of Other Small Iron Pipes grew the fastest in Norway ($36.4M), Brunei ($35.5M), Philippines ($20.2M), Laos ($18.6M), and Cambodia ($17.4M).

Between 2022 and 2023, the fastest growing importers of Other Small Iron Pipes were United Arab Emirates ($101M), Indonesia ($99M), Egypt ($92M), Oman ($50.7M), and Angola ($50.1M).

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Exporters of Other Small Iron Pipes (2022 - 2023)

Importers of Other Small Iron Pipes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Small Iron Pipes.

In 2023, market concentration measured using Shannon Entropy, was 4.78. This means that most of the exports of Other Small Iron Pipes are explained by 27 countries.

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Value of Exports in Other Small Iron Pipes

Net Trade

TOP NET EXPORTER (2023)Italy$3.71B
TOP NET IMPORTER (2023)United States$3.88B

This map shows which countries export or import more of Other Small Iron Pipes. Each country is colored based on the difference in exports and imports of Other Small Iron Pipes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Small Iron Pipes were Italy ($3.71B), China ($3.45B), South Korea ($1.75B), Turkey ($1.2B), and Chinese Taipei ($619M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Small Iron Pipes were United States ($3.88B), France ($841M), Germany ($412M), Czechia ($321M), and United Kingdom ($309M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Other Small Iron Pipes, disaggragated by their HS6 level were Hollow profiles/tubes,iron/steel,non-circular, welded ($7.91B), Pipes etc nes, iron/steel welded nes,diameter... ($7.81B), Pipes and tubing, stainless steel, welded ($4.35B), Casings,circular, iron/steel, oil/gas drilling <406mm ($2.37B), and Pipe (oil/gas line) iron or steel... ($2.16B)

HS6 Disaggregation for Other Small Iron Pipes (2023)
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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 Other Small Iron Pipes.
It is possible to select the main countries that export or import Other Small Iron Pipes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Small Iron Pipes by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $28.4M
TOP IMPORT POTENTIALChina+ $23.2M

Other Small Iron Pipes’s highest export potential is China. With an export gap of $28.4M.  Other Small Iron Pipes’s highest import potential is China with an import gap of $23.2M.

See methodology.

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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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Other Small Iron Pipes.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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