HS Code:
The category 'Having an outside diameter of 215.9 mm or more but not exceeding 406.4 mm' typically falls under HS Code 7306, which pertains to other tubes, pipes, and hollow profiles of iron or steel. This specific subcategory often includes welded or seamless steel pipes used in industries such as oil and gas, construction, and infrastructure for transporting fluids or as structural components. These pipes are critical for large-scale projects due to their durability and ability to withstand high pressure and harsh environmental conditions.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
25% (imposed by certain developing countries on non-preferential trade partners)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Increased demand for energy infrastructure
Rising global energy needs, particularly in oil and gas pipelines, have boosted demand for steel pipes in this diameter range, especially in the Middle East and North America.
2022
Shift toward sustainable materials
Growing environmental regulations are pushing manufacturers to adopt greener production methods and recyclable materials, impacting cost structures and trade competitiveness.
2021-2022
Technological advancements in pipe manufacturing
Innovations in welding and coating technologies have improved pipe durability and corrosion resistance, increasing exports from technologically advanced countries like Germany and Japan.
2020-2022
The United States extended Section 232 tariffs on steel imports, including pipes in this category, to protect domestic industries, impacting exporters like China and South Korea.
March 2022
Increased costs for US importers and potential retaliatory tariffs from affected countries.
The European Union renewed safeguard measures on steel products, setting quotas for imports of steel pipes to prevent market disruption.
July 2022
Limited export opportunities for non-EU countries, particularly in Asia, while benefiting intra-EU trade.
China announced increased domestic production and export subsidies for steel pipes as part of its Belt and Road Initiative, focusing on infrastructure projects in Africa and Asia.
January 2023
Potential oversupply in global markets, driving down prices and intensifying competition.