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730422 (Harmonized System 2007 for 6-digit)

2022
World Trade $91.9MRnk 4397 / 5023
2022
Top Exporter | Top Importer $21.5M | $11MChina | United Arab Emirates
2022
Product Complexity -1.23Rnk 4354 / 5030
2021 - 2022
Export Growth (CAGR) -63.3%Rnk 4964 / 5023
2022
Share of World Trade 0.00038%Rnk 4397 / 5023

About

Overview This page contains the latest trade data of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas. In 2022, Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas were the world's 4397th most traded product, with a total trade of $91.9M. Between 2021 and 2022 the exports of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas decreased by -63.3%, from $251M to $91.9M. Trade in Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas represent 0.00038% of total world trade.

Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas are a part of Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron)....

Exports In 2022 the top exporters of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas  were China ($21.5M), United States ($13.5M), Singapore ($7.85M), United Kingdom ($5.24M), and Germany ($3.87M).

Imports In 2022 the top importers of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas were United Arab Emirates ($11M), Netherlands ($5.49M), Singapore ($5M), Malaysia ($4.93M), and Indonesia ($4.51M).

Ranking Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas ranks 4354th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas. 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$21.5M
Top Destination (2022)United Arab Emirates$11M

In 2022 Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas were the world's 4397th most traded product (out of 5,023).

In 2022, the top exporters of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas were China ($21.5M), United States ($13.5M), Singapore ($7.85M), United Kingdom ($5.24M), and Germany ($3.87M).

In 2022, the top importers of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas were United Arab Emirates ($11M), Netherlands ($5.49M), Singapore ($5M), Malaysia ($4.93M), and Indonesia ($4.51M).

Explore Visualizations

Exporters of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas (2022)
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Importers of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$4.69M
Top Destination Growth (2021 -  2022)United Arab Emirates$5.91M

Between 2021 and 2022, the exports of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas grew the fastest in China ($4.69M), Kuwait ($3.01M), United States ($2.34M), Romania ($1.6M), and Singapore ($1.44M).

Between 2021 and 2022, the fastest growing importers of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas were United Arab Emirates ($5.91M), Netherlands ($5.3M), Indonesia ($3.47M), Turkey ($3.01M), and Kuwait ($1.69M).

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Exporters of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas (2021 - 2022)

Importers of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas.

In 2022, market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas are explained by 19 countries.

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Value of Exports in Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas

Net Trade

TOP NET EXPORTER (2022)China$21.4M
TOP NET IMPORTER (2022)United Arab Emirates$9.25M

This map shows which countries export or import more of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas. Each country is colored based on the difference in exports and imports of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas were China ($21.4M), United States ($10.3M), Germany ($3.56M), Romania ($2.98M), and South Africa ($2.92M).

In 2022, the countries that had a largest trade value in imports than in exports of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas were United Arab Emirates ($9.25M), Netherlands ($4.46M), Malaysia ($3.43M), Saudi Arabia ($2.82M), and Turkey ($1.97M).

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 Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas.
It is possible to select the main countries that export or import Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Steel, stainless: seamless, drill pipe, of a kind used in drilling for oil or gas 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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