HS Code:
The category 'Having a wall thickness of 6.4 mm or more but not exceeding 12.7 mm' typically pertains to specific types of steel or metal pipes and tubes under the Harmonized System (HS) Code, likely falling within Chapter 73 (Articles of Iron or Steel). This category is used in various industrial applications, including construction, oil and gas pipelines, and manufacturing. Products in this range of wall thickness are valued for their balance between durability and flexibility, making them suitable for medium-pressure environments.
Total Trade Volume
USD 5.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.8%
Highest Rate
15% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements such as USMCA and EU-Japan EPA)
Increased demand in energy sector
Rising need for pipelines in oil and gas exploration has boosted demand for pipes with medium wall thickness, particularly in North America and the Middle East.
2021-2022
Shift towards sustainable materials
Manufacturers are under pressure to adopt eco-friendly production methods, impacting cost structures and trade competitiveness.
2022
Technological advancements in manufacturing
Innovations in welding and coating technologies have improved product durability, influencing export growth from technologically advanced countries like Germany and Japan.
2020-2022
The United States introduced additional tariffs on Chinese steel products, including pipes in this category, citing unfair trade practices and dumping concerns.
March 2023
This is expected to reduce Chinese exports to the US by 10-15%, redirecting trade flows to other markets like Southeast Asia.
The European Union launched a policy to promote low-carbon steel production, offering subsidies for manufacturers meeting environmental standards.
January 2023
European producers may gain a competitive edge in global markets, potentially increasing their export share.
Major infrastructure projects in the Middle East, including Saudi Arabia’s Vision 2030, have driven up demand for steel pipes with specific wall thickness for construction and energy projects.
Mid-2022
This has led to a 20% surge in exports to the region from key suppliers like China and South Korea.