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730429 (Harmonized System 1996 for 6-digit)

2022
World Trade $9.61BRnk 408 / 4769
2022
Top Exporter | Top Importer $2.47B | $2.56BChina | United States
2022
Product Complexity -0.22Rnk 2920 / 4776
2021 - 2022
Export Growth (CAGR) 65.1%Rnk 106 / 4769
2022
Share of World Trade 0.041%Rnk 408 / 4769

About

Overview This page contains the latest trade data of Seamless Pipes: For Oil or Gas Drilling. In 2022, Seamless Pipes: For Oil or Gas Drilling were the world's 408th most traded product, with a total trade of $9.61B. Between 2021 and 2022 the exports of Seamless Pipes: For Oil or Gas Drilling grew by 65.1%, from $5.82B to $9.61B. Trade in Seamless Pipes: For Oil or Gas Drilling represent 0.041% of total world trade.

Seamless Pipes: For Oil or Gas Drilling are a part of Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron)....

Exports In 2022 the top exporters of Seamless Pipes: For Oil or Gas Drilling  were China ($2.47B), Japan ($1.73B), Mexico ($859M), Austria ($592M), and Argentina ($419M).

Imports In 2022 the top importers of Seamless Pipes: For Oil or Gas Drilling were United States ($2.56B), Canada ($803M), Kuwait ($799M), United Arab Emirates ($472M), and Algeria ($433M).

Ranking Seamless Pipes: For Oil or Gas Drilling ranks 2920th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Seamless Pipes: For Oil or Gas Drilling. 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$2.47B
Top Destination (2022)United States$2.56B

In 2022 Seamless Pipes: For Oil or Gas Drilling were the world's 408th most traded product (out of 4,769).

In 2022, the top exporters of Seamless Pipes: For Oil or Gas Drilling were China ($2.47B), Japan ($1.73B), Mexico ($859M), Austria ($592M), and Argentina ($419M).

In 2022, the top importers of Seamless Pipes: For Oil or Gas Drilling were United States ($2.56B), Canada ($803M), Kuwait ($799M), United Arab Emirates ($472M), and Algeria ($433M).

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Exporters of Seamless Pipes: For Oil or Gas Drilling (2022)
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Importers of Seamless Pipes: For Oil or Gas Drilling (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.48B
Top Destination Growth (2021 -  2022)United States$1.1B

Between 2021 and 2022, the exports of Seamless Pipes: For Oil or Gas Drilling grew the fastest in China ($1.48B), Japan ($630M), Austria ($290M), Brazil ($147M), and Mexico ($140M).

Between 2021 and 2022, the fastest growing importers of Seamless Pipes: For Oil or Gas Drilling were United States ($1.1B), Kuwait ($583M), Canada ($475M), Algeria ($241M), and United Arab Emirates ($164M).

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Exporters of Seamless Pipes: For Oil or Gas Drilling (2021 - 2022)

Importers of Seamless Pipes: For Oil or Gas Drilling (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Seamless Pipes: For Oil or Gas Drilling.

In 2022, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Seamless Pipes: For Oil or Gas Drilling are explained by 15 countries.

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Value of Exports in Seamless Pipes: For Oil or Gas Drilling

Net Trade

TOP NET EXPORTER (2022)China$2.35B
TOP NET IMPORTER (2022)United States$2.4B

This map shows which countries export or import more of Seamless Pipes: For Oil or Gas Drilling. Each country is colored based on the difference in exports and imports of Seamless Pipes: For Oil or Gas Drilling during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Seamless Pipes: For Oil or Gas Drilling were China ($2.35B), Japan ($1.72B), Mexico ($814M), Austria ($586M), and Argentina ($406M).

In 2022, the countries that had a largest trade value in imports than in exports of Seamless Pipes: For Oil or Gas Drilling were United States ($2.4B), Kuwait ($799M), Canada ($736M), Algeria ($433M), and Oman ($383M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Seamless Pipes: For Oil or Gas Drilling.
It is possible to select the main countries that export or import Seamless Pipes: For Oil or Gas Drilling in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Seamless Pipes: For Oil or Gas Drilling 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 (2022)

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