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730722 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.15BRnk 2034 / 4648
2022
Top Exporter | Top Importer $352M | $169MUnited States | United States
2022
Product Complexity 1.36Rnk 298 / 4653
2021 - 2022
Export Growth (CAGR) 12.7%Rnk 1347 / 4648
2022
Share of World Trade 0.0049%Rnk 2034 / 4648

About

Overview This page contains the latest trade data of Threaded elbows, bends and sleeves of stainless steel. In 2022, Threaded elbows, bends and sleeves of stainless steel were the world's 2034th most traded product, with a total trade of $1.15B. Between 2021 and 2022 the exports of Threaded elbows, bends and sleeves of stainless steel grew by 12.7%, from $1.02B to $1.15B. Trade in Threaded elbows, bends and sleeves of stainless steel represent 0.0049% of total world trade.

Threaded elbows, bends and sleeves of stainless steel are a part of Iron Pipe Fittings.

Exports In 2022 the top exporters of Threaded elbows, bends and sleeves of stainless steel  were United States ($352M), China ($170M), Italy ($137M), Germany ($84.7M), and South Korea ($34M).

Imports In 2022 the top importers of Threaded elbows, bends and sleeves of stainless steel were United States ($169M), Germany ($127M), Japan ($69.1M), Netherlands ($56.2M), and Canada ($55.3M).

Ranking Threaded elbows, bends and sleeves of stainless steel ranks 298th in the Product Complexity Index (PCI).

Description Threaded elbows, bends and sleeves are typically used to connect pipe segments together in a straight line, for example, connecting pipes that have been cut to length.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Threaded elbows, bends and sleeves of stainless steel. 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)United States$352M
Top Destination (2022)United States$169M

In 2022 Threaded elbows, bends and sleeves of stainless steel were the world's 2034th most traded product (out of 4,648).

In 2022, the top exporters of Threaded elbows, bends and sleeves of stainless steel were United States ($352M), China ($170M), Italy ($137M), Germany ($84.7M), and South Korea ($34M).

In 2022, the top importers of Threaded elbows, bends and sleeves of stainless steel were United States ($169M), Germany ($127M), Japan ($69.1M), Netherlands ($56.2M), and Canada ($55.3M).

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Exporters of Threaded elbows, bends and sleeves of stainless steel (2022)
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Importers of Threaded elbows, bends and sleeves of stainless steel (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$40.5M
Top Destination Growth (2021 -  2022)United States$57.7M

Between 2021 and 2022, the exports of Threaded elbows, bends and sleeves of stainless steel grew the fastest in United States ($40.5M), Italy ($34.5M), China ($14.3M), Netherlands ($11.3M), and Chinese Taipei ($8.22M).

Between 2021 and 2022, the fastest growing importers of Threaded elbows, bends and sleeves of stainless steel were United States ($57.7M), Germany ($28M), India ($14.4M), Malaysia ($7.72M), and Canada ($5.6M).

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Exporters of Threaded elbows, bends and sleeves of stainless steel (2021 - 2022)

Importers of Threaded elbows, bends and sleeves of stainless steel (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Threaded elbows, bends and sleeves of stainless steel.

In 2022, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Threaded elbows, bends and sleeves of stainless steel are explained by 13 countries.

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Value of Exports in Threaded elbows, bends and sleeves of stainless steel

Net Trade

TOP NET EXPORTER (2022)United States$183M
TOP NET IMPORTER (2022)Japan$51.1M

This map shows which countries export or import more of Threaded elbows, bends and sleeves of stainless steel. Each country is colored based on the difference in exports and imports of Threaded elbows, bends and sleeves of stainless steel during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Threaded elbows, bends and sleeves of stainless steel were United States ($183M), China ($116M), Italy ($113M), Romania ($15.7M), and South Korea ($13.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Threaded elbows, bends and sleeves of stainless steel were Japan ($51.1M), Canada ($47.9M), Germany ($41.8M), India ($29.4M), and France ($25.5M).

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 Threaded elbows, bends and sleeves of stainless steel.
It is possible to select the main countries that export or import Threaded elbows, bends and sleeves of stainless steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Threaded elbows, bends and sleeves of stainless steel 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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