HS Code:
The category 'With a diameter exceeding 152 mm' typically falls under HS Code 7306.30 or related subcategories, which includes welded steel pipes and tubes with a diameter exceeding 152 mm. These products are primarily used in industries such as oil and gas, construction, and infrastructure for transporting fluids or as structural components. This category is critical for large-scale industrial applications due to the durability and capacity of these pipes.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 3.8 billion
30.4% of total trade of total trade
Increasing
USD 1.9 billion
15.2% of total trade of total trade
Stable
USD 1.5 billion
12.0% of total trade of total trade
Increasing
USD 1.2 billion
9.6% of total trade of total trade
Stable
USD 900 million
7.2% of total trade of total trade
Increasing
Average Rate
6.5%
Highest Rate
25% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Increased demand for energy infrastructure
Growing investments in oil and gas pipelines in North America and the Middle East have boosted trade volumes by 8% annually since 2020.
2022
Shift towards sustainable materials
Manufacturers are under pressure to adopt eco-friendly production processes, influencing costs and trade dynamics in regions with strict environmental regulations.
2021-2022
Rising production costs
Fluctuating raw material prices, especially steel, have led to a 5-10% increase in export prices, affecting competitiveness of smaller exporters.
2022
The United States introduced a 15% additional tariff on welded steel pipes from China to combat alleged dumping practices, affecting imports worth USD 500 million annually.
March 2023
This is expected to shift demand towards domestic producers and other exporters like South Korea and India.
The European Union launched a policy requiring steel pipe manufacturers to meet stricter carbon emission standards by 2025, impacting trade with non-compliant countries.
June 2023
Exporters from developing nations may face reduced market access unless they invest in greener technologies.
Major pipeline projects in Saudi Arabia and UAE have increased demand for large-diameter steel pipes, with contracts worth USD 2 billion awarded in 2023.
September 2023
This has boosted exports from China and Germany, with trade volumes expected to rise by 12% in the region over the next two years.