Iron Pipes in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $750M in Iron Pipes, making it the 10th largest exporter of Iron Pipes in the world. At the same year, Iron Pipes was the 306th most exported product in United States. The main destination of Iron Pipes exports from United States are: Canada ($214M), Mexico ($138M), United Kingdom ($41.1M), Algeria ($23.7M), and China ($17.8M).

The fastest growing export markets for Iron Pipes of United States between 2021 and 2022 were Canada ($37.5M), Algeria ($21.5M), and United Kingdom ($19.2M).

Imports In 2022, United States imported $4.8B in Iron Pipes, becoming the 1st largest importer of Iron Pipes in the world. At the same year, Iron Pipes was the 121st most imported product in United States. United States imports Iron Pipes primarily from: Mexico ($632M), Japan ($532M), Austria ($465M), Germany ($364M), and Spain ($343M).

The fastest growing import markets in Iron Pipes for United States between 2021 and 2022 were Japan ($329M), Austria ($271M), and Spain ($242M).

COMPANIES In 2023, leading companies such as SPENCER GIFTS, LLC (51), FETZER VINEYARDS (32), and GOYA FOODS INC (31) were at the forefront of shipping Iron Pipes to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Iron Pipes exports accounted up to $74.8M and imports accounted up to $261M, resulting in a negative trade balance of $186M. Between February 2023 and February 2024 the exports of United States' Iron Pipes have increased by $3.13M (4.37%) from $71.7M to $74.8M, while imports decreased by $-207M (-44.2%) from $468M to $261M.

Destinations In February 2024, Iron Pipes were exported mostly to Canada ($20.2M), Mexico ($11.2M), Belgium ($9.93M), Guyana ($5.21M), and Brazil ($3.06M), and were imported mostly from Mexico ($39.8M), Japan ($34.6M), Austria ($28.1M), Italy ($27.1M), and Canada ($26.2M).

Growth In February 2024, the increase in Iron Pipes's year-by-year exports was explained primarily by an increase in exports to Canada ($6.99M or 45%), Mexico ($6.09M or 52.2%), and South Korea ($2.01M or 197%). In February 2024, the decrease in Iron Pipes's year-by-year imports was explained primarily by a decrease in imports from Argentina ($-3.38M or -16.5%), Belarus ($-2.59M or -93.2%), and Netherlands ($-355k or -45%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$3.13M(4.37%)

IMPORT GROWTH (February 2023 - February 2024)$-207M(-44.2%)

MAIN EXPORTER (February 2024)Texas$36.4M

MAIN DESTINATION (February 2024)Canada$20.2M

This section shows Iron Pipes's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Iron Pipes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$750M

IMPORTS (2022)$4.8B

NET TRADE (2022)-$4.05B

In 2022, United States exported $750M in Iron Pipes. The main destinations of United States exports on Iron Pipes were Canada ($214M), Mexico ($138M), United Kingdom ($41.1M), Algeria ($23.7M), and China ($17.8M).

In 2022, United States imported $4.8B in Iron Pipes, mainly from Mexico ($632M), Japan ($532M), Austria ($465M), Germany ($364M), and Spain ($343M).

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