730621 (Harmonized System 2007 for 6-digit)

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Overview This page contains the latest trade data of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless). In 2022, Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were the world's 4608th most traded product, with a total trade of $57.6M. Between 2021 and 2022 the exports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) grew by 51.1%, from $38.1M to $57.6M. Trade in Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) represent 0.00024% of total world trade.

Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) are a part of Iron or steel (excluding cast iron); tubes, pipes and hollow profiles (not....

Exports In 2022 the top exporters of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless)  were South Africa ($10.2M), Italy ($9.32M), China ($8.11M), Germany ($4.15M), and United States ($3.86M).

Imports In 2022 the top importers of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were United States ($14.3M), India ($8.82M), United Arab Emirates ($3.28M), Qatar ($2.69M), and Oman ($2M).

Ranking Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) ranks 3455th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless). 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)South Africa$10.2M
Top Destination (2022)United States$14.3M

In 2022 Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were the world's 4608th most traded product (out of 5,023).

In 2022, the top exporters of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were South Africa ($10.2M), Italy ($9.32M), China ($8.11M), Germany ($4.15M), and United States ($3.86M).

In 2022, the top importers of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were United States ($14.3M), India ($8.82M), United Arab Emirates ($3.28M), Qatar ($2.69M), and Oman ($2M).

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Exporters of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) (2022)
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Importers of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Africa$9.19M
Top Destination Growth (2021 -  2022)United States$13.4M

Between 2021 and 2022, the exports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) grew the fastest in South Africa ($9.19M), China ($4.56M), Germany ($3.16M), Oman ($2.8M), and India ($1.34M).

Between 2021 and 2022, the fastest growing importers of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were United States ($13.4M), United Arab Emirates ($2.49M), Qatar ($2.24M), Cyprus ($1.32M), and Oman ($1.27M).

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Exporters of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) (2021 - 2022)

Importers of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless).

In 2022, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) are explained by 15 countries.

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Value of Exports in Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless)

Net Trade

TOP NET EXPORTER (2022)South Africa$9.87M
TOP NET IMPORTER (2022)United States$10.5M

This map shows which countries export or import more of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless). Each country is colored based on the difference in exports and imports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were South Africa ($9.87M), Italy ($8.98M), China ($7.89M), Germany ($3.74M), and Thailand ($1.99M).

In 2022, the countries that had a largest trade value in imports than in exports of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) were United States ($10.5M), India ($6.56M), Qatar ($2.69M), Cyprus ($1.39M), and Canada ($1.17M).

Net Trade (2022)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless).
It is possible to select the main countries that export or import Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Steel, stainless: casing and tubing of a kind used in drilling for oil and gas, n.e.c. in chapter 73, welded, (not seamless) 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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