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730719 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.59BRnk 1266 / 4648
2022
Top Exporter | Top Importer $832M | $445MChina | United States
2022
Product Complexity 0.75Rnk 1188 / 4653
2021 - 2022
Export Growth (CAGR) 6.18%Rnk 2069 / 4648
2022
Share of World Trade 0.011%Rnk 1266 / 4648

About

Overview This page contains the latest trade data of Pipe fittings of malleable iron or steel, cast. In 2022, Pipe fittings of malleable iron or steel, cast were the world's 1266th most traded product, with a total trade of $2.59B. Between 2021 and 2022 the exports of Pipe fittings of malleable iron or steel, cast grew by 6.18%, from $2.43B to $2.59B. Trade in Pipe fittings of malleable iron or steel, cast represent 0.011% of total world trade.

Pipe fittings of malleable iron or steel, cast are a part of Iron Pipe Fittings.

Exports In 2022 the top exporters of Pipe fittings of malleable iron or steel, cast  were China ($832M), Poland ($197M), United States ($170M), Italy ($160M), and India ($128M).

Imports In 2022 the top importers of Pipe fittings of malleable iron or steel, cast were United States ($445M), Germany ($155M), Canada ($154M), France ($93.5M), and Italy ($92.5M).

Ranking Pipe fittings of malleable iron or steel, cast ranks 1188th in the Product Complexity Index (PCI).

Description Pipe fittings of malleable iron or steel are used to join pipes or to change the direction of the flow of the pipe. This type of pipe fitting is often used where the pipe runs vertically and is often joined with a "elbow".

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Pipe fittings of malleable iron or steel, cast. 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$832M
Top Destination (2022)United States$445M

In 2022 Pipe fittings of malleable iron or steel, cast were the world's 1266th most traded product (out of 4,648).

In 2022, the top exporters of Pipe fittings of malleable iron or steel, cast were China ($832M), Poland ($197M), United States ($170M), Italy ($160M), and India ($128M).

In 2022, the top importers of Pipe fittings of malleable iron or steel, cast were United States ($445M), Germany ($155M), Canada ($154M), France ($93.5M), and Italy ($92.5M).

Explore Visualizations

Exporters of Pipe fittings of malleable iron or steel, cast (2022)
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Importers of Pipe fittings of malleable iron or steel, cast (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$37.7M
Top Destination Growth (2021 -  2022)Germany$26.4M

Between 2021 and 2022, the exports of Pipe fittings of malleable iron or steel, cast grew the fastest in India ($37.7M), United States ($27.5M), Italy ($25.2M), Vietnam ($18.2M), and United Arab Emirates ($12.6M).

Between 2021 and 2022, the fastest growing importers of Pipe fittings of malleable iron or steel, cast were Germany ($26.4M), Japan ($16.2M), Romania ($13.6M), Italy ($11.2M), and Singapore ($11.1M).

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Exporters of Pipe fittings of malleable iron or steel, cast (2021 - 2022)

Importers of Pipe fittings of malleable iron or steel, cast (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pipe fittings of malleable iron or steel, cast.

In 2022, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Pipe fittings of malleable iron or steel, cast are explained by 17 countries.

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Value of Exports in Pipe fittings of malleable iron or steel, cast

Net Trade

TOP NET EXPORTER (2022)China$813M
TOP NET IMPORTER (2022)United States$276M

This map shows which countries export or import more of Pipe fittings of malleable iron or steel, cast. Each country is colored based on the difference in exports and imports of Pipe fittings of malleable iron or steel, cast during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Pipe fittings of malleable iron or steel, cast were China ($813M), Poland ($108M), India ($106M), Italy ($67.7M), and Austria ($61.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Pipe fittings of malleable iron or steel, cast were United States ($276M), Canada ($143M), Japan ($47.4M), Saudi Arabia ($41.4M), and United Kingdom ($40.8M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Pipe fittings of malleable iron or steel, cast.
It is possible to select the main countries that export or import Pipe fittings of malleable iron or steel, cast in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pipe fittings of malleable iron or steel, cast 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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