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730640 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.35BRnk 831 / 4644
2023
Top Exporter | Top Importer $1.18B | $467MItaly | Germany
2023
Product Complexity 0.84Rnk 1055 / 4656
2022 - 2023
Export Growth (CAGR) -10.7%Rnk 2786 / 4644
2023
Share of World Trade 0.019%Rnk 831 / 4644

About

Overview This page contains the latest trade data of Pipes and tubing, stainless steel, welded. In 2023, Pipes and tubing, stainless steel, welded were the world's 831st most traded product, with a total trade of $4.35B. Between 2022 and 2023 the exports of Pipes and tubing, stainless steel, welded decreased by -10.7%, from $4.87B to $4.35B. Trade in Pipes and tubing, stainless steel, welded represent 0.019% of total world trade.

Pipes and tubing, stainless steel, welded are a part of Other Small Iron Pipes.

Exports In 2023 the top exporters of Pipes and tubing, stainless steel, welded  were Italy ($1.18B), China ($576M), Germany ($447M), Chinese Taipei ($379M), and United States ($239M).

Imports In 2023 the top importers of Pipes and tubing, stainless steel, welded were Germany ($467M), United States ($431M), Poland ($211M), France ($180M), and Mexico ($173M).

Ranking Pipes and tubing, stainless steel, welded ranks 1055th in the Product Complexity Index (PCI).

Description Pipes and tubing are made out of steel and are used for transferring liquids and gases. Stainless steel is a type of steel that does not rust and is used in the food and medical industries to keep things fresh and clean. Welded is a type of welding that uses heat and pressure to join metal pieces together. Welded steel is used to build things like buildings, bridges, and airplanes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pipes and tubing, stainless steel, welded. 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$1.18B
Top Destination (2023)Germany$467M

In 2023 Pipes and tubing, stainless steel, welded were the world's 831st most traded product (out of 4,644).

In 2023, the top exporters of Pipes and tubing, stainless steel, welded were Italy ($1.18B), China ($576M), Germany ($447M), Chinese Taipei ($379M), and United States ($239M).

In 2023, the top importers of Pipes and tubing, stainless steel, welded were Germany ($467M), United States ($431M), Poland ($211M), France ($180M), and Mexico ($173M).

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Exporters of Pipes and tubing, stainless steel, welded (2023)
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Importers of Pipes and tubing, stainless steel, welded (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$25.8M
Top Destination Growth (2022 -  2023)United Kingdom$43.8M

Between 2022 and 2023, the exports of Pipes and tubing, stainless steel, welded grew the fastest in United States ($25.8M), United Arab Emirates ($13.8M), Czechia ($9.13M), Canada ($7.39M), and Estonia ($6.91M).

Between 2022 and 2023, the fastest growing importers of Pipes and tubing, stainless steel, welded were United Kingdom ($43.8M), United Arab Emirates ($23.4M), Netherlands ($16.8M), Qatar ($11.9M), and Egypt ($10.7M).

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Exporters of Pipes and tubing, stainless steel, welded (2022 - 2023)

Importers of Pipes and tubing, stainless steel, welded (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pipes and tubing, stainless steel, welded.

In 2023, market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Pipes and tubing, stainless steel, welded are explained by 15 countries.

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Value of Exports in Pipes and tubing, stainless steel, welded

Net Trade

TOP NET EXPORTER (2023)Italy$1.12B
TOP NET IMPORTER (2023)United States$191M

This map shows which countries export or import more of Pipes and tubing, stainless steel, welded. Each country is colored based on the difference in exports and imports of Pipes and tubing, stainless steel, welded during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pipes and tubing, stainless steel, welded were Italy ($1.12B), China ($507M), Chinese Taipei ($347M), South Korea ($156M), and Finland ($52.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Pipes and tubing, stainless steel, welded were United States ($191M), Poland ($172M), United Kingdom ($155M), Mexico ($146M), and France ($131M).

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 Pipes and tubing, stainless steel, welded.
It is possible to select the main countries that export or import Pipes and tubing, stainless steel, welded in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pipes and tubing, stainless steel, welded 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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