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Pricing

Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel

7304 (Harmonized System 1992 for 4-digit)

2022
World Trade $30.2BRnk 157 / 1218
2022
Top Exporter | Top Importer $8.49B | $4.8BChina | United States
2022
Product Complexity 0.089Rnk 526 / 1033
2021 - 2022
Export Growth (CAGR) 38.2%Rnk 51 / 1218
2022
Share of World Trade 0.13%Rnk 157 / 1218

About

Overview This page contains the latest trade data of Iron Pipes. In 2022, Iron Pipes were the world's 157th most traded product, with a total trade of $30.2B. Between 2021 and 2022 the exports of Iron Pipes grew by 38.2%, from $21.8B to $30.2B. Trade in Iron Pipes represent 0.13% of total world trade.

Iron Pipes are a part of Iron or steel articles. They include Casings, tubing and drill pipe, for oil drilling, Pipes, line, iron or steel, for oil or gas pipelines, Iron/non-alloy steel pipe or tubing, nes, Alloy steel pipe or tubing, except cold rolled, Stainless steel pipe or tubing, cold rolled, Stainless steel pipe or tubing, except cold rolled, Iron/non-alloy steel pipe, cold drawn/rolled, nes, Iron or steel tubes, pipes or hollow profiles, nes, and Alloy steel pipe or tubing, cold rolled.

Exports In 2022 the top exporters of Iron Pipes  were China ($8.49B), Japan ($2.88B), Germany ($2.46B), Italy ($1.52B), and Mexico ($1.25B).

Imports In 2022 the top importers of Iron Pipes were United States ($4.8B), Canada ($1.35B), Germany ($1.26B), United Arab Emirates ($1.2B), and Kuwait ($1.01B).

Ranking Iron Pipes ranks 526th in the Product Complexity Index (PCI).

Description Tubes, pipes and hollow profiles are used to transport liquids or gases. They can be made from a variety of materials, including steel, aluminum, copper, and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Iron Pipes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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$8.49B
Top Destination (2022)United States$4.8B

In 2022 Iron Pipes were the world's 157th most traded product (out of 1,218).

In 2022, the top exporters of Iron Pipes were China ($8.49B), Japan ($2.88B), Germany ($2.46B), Italy ($1.52B), and Mexico ($1.25B).

In 2022, the top importers of Iron Pipes were United States ($4.8B), Canada ($1.35B), Germany ($1.26B), United Arab Emirates ($1.2B), and Kuwait ($1.01B).

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Exporters of Iron Pipes (2022)
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Importers of Iron Pipes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$3.31B
Top Destination Growth (2021 -  2022)United States$2.23B

Between 2021 and 2022, the exports of Iron Pipes grew the fastest in China ($3.31B), Japan ($808M), Germany ($508M), Italy ($470M), and Austria ($372M).

Between 2021 and 2022, the fastest growing importers of Iron Pipes were United States ($2.23B), Kuwait ($688M), Canada ($681M), United Arab Emirates ($428M), and Turkey ($387M).

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Exporters of Iron Pipes (2021 - 2022)

Importers of Iron Pipes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Iron Pipes.

In 2022, market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Iron Pipes are explained by 19 countries.

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Value of Exports in Iron Pipes

Net Trade

TOP NET EXPORTER (2022)China$7.75B
TOP NET IMPORTER (2022)United States$4.05B

This map shows which countries export or import more of Iron Pipes. Each country is colored based on the difference in exports and imports of Iron Pipes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Iron Pipes were China ($7.75B), Japan ($2.77B), Germany ($1.2B), Mexico ($819M), and Romania ($790M).

In 2022, the countries that had a largest trade value in imports than in exports of Iron Pipes were United States ($4.05B), Canada ($1.19B), Kuwait ($962M), United Arab Emirates ($753M), and Turkey ($731M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Iron Pipes, disaggragated by their HS6 level were Casings, tubing and drill pipe, for... ($10.3B), Pipes, line, iron or steel, for... ($5B), Iron/non-alloy steel pipe or tubing, nes ($4.16B), Stainless steel pipe or tubing, cold... ($3.05B), and Alloy steel pipe or tubing, except... ($2.13B)

HS6 Disaggregation for Iron Pipes (2022)
[Click to Select]

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Iron Pipes 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)

Related Products

This visualization shows products that are likely to be exported by countries that export Iron Pipes.

Country by Relatedness

The following visualization shows the relatedness of Iron Pipes to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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