HS Code:
This category, under HS Code 7306.30, pertains to welded circular cross-section tubes, pipes, and hollow profiles of iron or non-alloy steel, with an outside diameter exceeding 114.3 mm but not exceeding 406.4 mm. These products are commonly used in construction, infrastructure projects, and industrial applications such as oil and gas pipelines, structural frameworks, and water supply systems. The category includes both galvanized and non-galvanized variants, catering to diverse durability and corrosion resistance needs.
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
5.8% ad valorem
Highest Rate
25% (imposed by certain countries under anti-dumping measures)
Lowest Rate
0% (under free trade agreements like EU-USA or ASEAN)
Rising demand for infrastructure projects
Increased global trade volume due to urbanization and government-led construction in developing economies like India and Southeast Asia.
2021-2022
Shift towards sustainable materials
Growing preference for corrosion-resistant and recyclable steel products, boosting demand for galvanized variants.
2020-2022
Supply chain disruptions
Delays and cost increases due to geopolitical tensions and raw material shortages, affecting trade flows.
2021-2023
The United States extended Section 232 tariffs on steel imports, including this category, with specific exemptions for EU countries under a quota system.
January 2023
Redirected trade flows towards non-tariffed regions, increasing exports to Middle Eastern and African markets.
China reduced export tax rebates on steel products, including welded pipes, to encourage domestic consumption and reduce carbon emissions.
May 2021
Slight reduction in Chinese export competitiveness, creating opportunities for other exporters like India and South Korea.
The European Union introduced policies under the Green Deal to prioritize low-carbon steel production, impacting import preferences for this category.
July 2022
Increased demand for certified sustainable products, pressuring exporters to adopt greener manufacturing processes.