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730511 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.83BRnk 757 / 4644
2023
Top Exporter | Top Importer $1.23B | $596MGermany | Mexico
2023
Product Complexity 0.14Rnk 2292 / 4656
2022 - 2023
Export Growth (CAGR) 91.2%Rnk 34 / 4644
2023
Share of World Trade 0.021%Rnk 757 / 4644

About

Overview This page contains the latest trade data of Pipe-line submerged arc welded steel diameter >406mm. In 2023, Pipe-line submerged arc welded steel diameter >406mm were the world's 757th most traded product, with a total trade of $4.83B. Between 2022 and 2023 the exports of Pipe-line submerged arc welded steel diameter >406mm grew by 91.2%, from $2.53B to $4.83B. Trade in Pipe-line submerged arc welded steel diameter >406mm represent 0.021% of total world trade.

Pipe-line submerged arc welded steel diameter >406mm are a part of Other Large Iron Pipes.

Exports In 2023 the top exporters of Pipe-line submerged arc welded steel diameter >406mm  were Germany ($1.23B), India ($701M), Russia ($464M), China ($390M), and Brazil ($311M).

Imports In 2023 the top importers of Pipe-line submerged arc welded steel diameter >406mm were Mexico ($596M), Indonesia ($502M), Qatar ($378M), Kazakhstan ($361M), and Malaysia ($325M).

Ranking Pipe-line submerged arc welded steel diameter >406mm ranks 2292nd in the Product Complexity Index (PCI).

Description A common use of pipe-line submerged arc welded steel diameter >406mm is in oil-wells. Another use is in gasoline-storage tanks.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pipe-line submerged arc welded steel diameter >406mm. 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$1.23B
Top Destination (2023)Mexico$596M

In 2023 Pipe-line submerged arc welded steel diameter >406mm were the world's 757th most traded product (out of 4,644).

In 2023, the top exporters of Pipe-line submerged arc welded steel diameter >406mm were Germany ($1.23B), India ($701M), Russia ($464M), China ($390M), and Brazil ($311M).

In 2023, the top importers of Pipe-line submerged arc welded steel diameter >406mm were Mexico ($596M), Indonesia ($502M), Qatar ($378M), Kazakhstan ($361M), and Malaysia ($325M).

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Exporters of Pipe-line submerged arc welded steel diameter >406mm (2023)
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Importers of Pipe-line submerged arc welded steel diameter >406mm (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$685M
Top Destination Growth (2022 -  2023)Mexico$558M

Between 2022 and 2023, the exports of Pipe-line submerged arc welded steel diameter >406mm grew the fastest in Germany ($685M), India ($375M), Brazil ($240M), Indonesia ($192M), and Russia ($187M).

Between 2022 and 2023, the fastest growing importers of Pipe-line submerged arc welded steel diameter >406mm were Mexico ($558M), Qatar ($241M), Kazakhstan ($218M), Australia ($202M), and Argentina ($174M).

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Exporters of Pipe-line submerged arc welded steel diameter >406mm (2022 - 2023)

Importers of Pipe-line submerged arc welded steel diameter >406mm (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pipe-line submerged arc welded steel diameter >406mm.

In 2023, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Pipe-line submerged arc welded steel diameter >406mm are explained by 12 countries.

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Value of Exports in Pipe-line submerged arc welded steel diameter >406mm

Net Trade

TOP NET EXPORTER (2023)Germany$1.22B
TOP NET IMPORTER (2023)Mexico$579M

This map shows which countries export or import more of Pipe-line submerged arc welded steel diameter >406mm. Each country is colored based on the difference in exports and imports of Pipe-line submerged arc welded steel diameter >406mm during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pipe-line submerged arc welded steel diameter >406mm were Germany ($1.22B), India ($684M), Russia ($460M), China ($387M), and South Korea ($302M).

In 2023, the countries that had a largest trade value in imports than in exports of Pipe-line submerged arc welded steel diameter >406mm were Mexico ($579M), Qatar ($378M), Kazakhstan ($360M), Canada ($282M), and Indonesia ($263M).

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 Pipe-line submerged arc welded steel diameter >406mm.
It is possible to select the main countries that export or import Pipe-line submerged arc welded steel diameter >406mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pipe-line submerged arc welded steel diameter >406mm 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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