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730621 (Harmonized System 2007 for 6-digit)

2023
World Trade $42.2MRnk 4659 / 5026
2023
Top Exporter | Top Importer $11.3M | $5.25MChina | United States
2023
Product Complexity -0.46Rnk 3451 / 5035
2022 - 2023
Export Growth (CAGR) -35.4%Rnk 4749 / 5026
2023
Share of World Trade 0.00019%Rnk 4659 / 5026

About

Overview This page contains the latest trade data of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless). In 2023, Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were the world's 4659th most traded product, with a total trade of $42.2M. Between 2022 and 2023 the exports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) decreased by -35.4%, from $65.3M to $42.2M. Trade in Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) represent 0.00019% of total world trade.

Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) are a part of Iron or steel (excluding cast iron); tubes, pipes and hollow profiles (not....

Exports In 2023 the top exporters of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless)  were China ($11.3M), United States ($4.31M), France ($3.37M), Italy ($3.11M), and Germany ($2.16M).

Imports In 2023 the top importers of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were United States ($5.25M), Saudi Arabia ($5.15M), India ($2.44M), Egypt ($2.13M), and United Arab Emirates ($2.1M).

Ranking Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) ranks 3451st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless). 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)China$11.3M
Top Destination (2023)United States$5.25M

In 2023 Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were the world's 4659th most traded product (out of 5,026).

In 2023, the top exporters of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were China ($11.3M), United States ($4.31M), France ($3.37M), Italy ($3.11M), and Germany ($2.16M).

In 2023, the top importers of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were United States ($5.25M), Saudi Arabia ($5.15M), India ($2.44M), Egypt ($2.13M), and United Arab Emirates ($2.1M).

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Exporters of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) (2023)
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Importers of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$3.33M
Top Destination Growth (2022 -  2023)Egypt$1.5M

Between 2022 and 2023, the exports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) grew the fastest in China ($3.33M), Romania ($1.22M), Japan ($1.18M), Chile ($969k), and Belgium ($350k).

Between 2022 and 2023, the fastest growing importers of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were Egypt ($1.5M), Australia ($992k), Mexico ($985k), South Korea ($972k), and Argentina ($942k).

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Exporters of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) (2022 - 2023)

Importers of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless).

In 2023, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) are explained by 16 countries.

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Value of Exports in Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless)

Net Trade

TOP NET EXPORTER (2023)China$11.2M
TOP NET IMPORTER (2023)Saudi Arabia$5.03M

This map shows which countries export or import more of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless). Each country is colored based on the difference in exports and imports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were China ($11.2M), France ($3.04M), Italy ($2.86M), South Africa ($2.03M), and Germany ($1.76M).

In 2023, the countries that had a largest trade value in imports than in exports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were Saudi Arabia ($5.03M), Egypt ($2.05M), Qatar ($2.04M), United Arab Emirates ($1.92M), and Nigeria ($1.7M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless).
It is possible to select the main countries that export or import Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) 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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