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730424 (Harmonized System 2007 for 6-digit)

2022
World Trade $1.86BRnk 1631 / 5023
2022
Top Exporter | Top Importer $1.14B | $261MJapan | Qatar
2022
Product Complexity 0.95Rnk 894 / 5030
2021 - 2022
Export Growth (CAGR) 30.9%Rnk 478 / 5023
2022
Share of World Trade 0.0077%Rnk 1631 / 5023

About

Overview This page contains the latest trade data of Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas. In 2022, Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas were the world's 1631st most traded product, with a total trade of $1.86B. Between 2021 and 2022 the exports of Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas grew by 30.9%, from $1.42B to $1.86B. Trade in Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas represent 0.0077% of total world trade.

Steel, stainless: seamless, casing and tubing, 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, casing and tubing, of a kind used in drilling for oil or gas  were Japan ($1.14B), Sweden ($108M), Indonesia ($106M), China ($62.6M), and Germany ($57.8M).

Imports In 2022 the top importers of Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas were Qatar ($261M), United States ($176M), United Arab Emirates ($164M), Algeria ($145M), and Iraq ($132M).

Ranking Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas ranks 894th 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, casing and tubing, 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.

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)Japan$1.14B
Top Destination (2022)Qatar$261M

In 2022 Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas were the world's 1631st most traded product (out of 5,023).

In 2022, the top exporters of Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas were Japan ($1.14B), Sweden ($108M), Indonesia ($106M), China ($62.6M), and Germany ($57.8M).

In 2022, the top importers of Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas were Qatar ($261M), United States ($176M), United Arab Emirates ($164M), Algeria ($145M), and Iraq ($132M).

Explore Visualizations

Exporters of Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas (2022)
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Importers of Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Japan$332M
Top Destination Growth (2021 -  2022)Algeria$108M

Between 2021 and 2022, the exports of Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas grew the fastest in Japan ($332M), Indonesia ($49.3M), Sweden ($45.9M), Spain ($34.6M), and China ($29.2M).

Between 2021 and 2022, the fastest growing importers of Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas were Algeria ($108M), Qatar ($71.3M), Iraq ($60.4M), United Arab Emirates ($49.1M), and United States ($40.2M).

Explore Visualizations

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

Importers of Steel, stainless: seamless, casing and tubing, 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, casing and tubing, of a kind used in drilling for oil or gas.

In 2022, market concentration measured using Shannon Entropy, was 2.55. This means that most of the exports of Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas are explained by 5 countries.

Explore Visualizations

Value of Exports in Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas

Net Trade

TOP NET EXPORTER (2022)Japan$1.14B
TOP NET IMPORTER (2022)Qatar$261M

This map shows which countries export or import more of Steel, stainless: seamless, casing and tubing, 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, casing and tubing, 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, casing and tubing, of a kind used in drilling for oil or gas were Japan ($1.14B), Sweden ($104M), Germany ($55.5M), Spain ($39.1M), and France ($35.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Steel, stainless: seamless, casing and tubing, of a kind used in drilling for oil or gas were Qatar ($261M), United States ($153M), United Arab Emirates ($133M), Norway ($71.2M), and Oman ($59.3M).

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, casing and tubing, 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, casing and tubing, 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, casing and tubing, 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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