The value of exports of commodity group 7304 "Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel." from Australia totalled $ 18.1 million in 2023. Sales of commodity group 7304 from Australia decreased by 12.5% in value terms compared to 2022. exports of commodity group 7304 "Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel." decreased by $ 2.6 million (cumulative exports of commodity group 7304 from Australia amounted $20 million in 2022)
Exports of commodity group 7304 "Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel." amounted to 0.004% of total exports from Australia (cumulative merchandise exports from Australia totalled $ 369 billion in 2023). The share of commodity group 7304 in total exports from Australia decreased by 0 p.p. compared to 2022 (it was 0.005% in 2022 and cumulative exports from Australia were equal to $ 410 billion).
Exports of commodity group 7304 amounted to 2.76% of total sales of group "" from Australia in 2023 (the value of exports of commodity group from Australia amounted to $655 million in 2023). The share of exports of commodity group 7304 in sales of commodity group from Australia lowered by 0.302 p.p. compared to 2022 (it was 3.07% in 2022, and exports of commodity group from Australia were $675 million).
Where does Australia export Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel.?
Top export destinations of "Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel." from Australia in 2023:
- Papua New Guinea with a share of 25% (4.7 million US$)
- Turkey with a share of 13.6% (2.48 million US$)
- Singapore with a share of 10.2% (1.86 million US$)
- New Zealand with a share of 9.41% (1.7 million US$)
- Kazakhstan with a share of 4.59% (833 thousand US$)
- China with a share of 4.34% (787 thousand US$)
- Indonesia with a share of 4.01% (729 thousand US$)
- USA with a share of 3.7% (671 thousand US$)
- Egypt with a share of 3.37% (612 thousand US$)
- United Kingdom with a share of 2.95% (536 thousand US$)
Exports structure of 7304 - Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel. - from Australia in 2023 represented by the following main commodity groups:
- 18% (3.28 million US$): 730490 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.59), seamless, of iron other than cast iron/steel
- 16.3% (2.96 million US$): 730459 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.49), seamless, of circular cross-section, of alloy steel other than stainless steel (excl. of 7304.51)
- 7.33% (1.32 million US$): 730429 - Casing & tubing, seamless, of iron (excl. cast iron)/steel, of a kind used in drilling for oil/gas (excl. drill pipe)
- 6.56% (1.18 million US$): 730449 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.39), seamless, of circular cross-section, of stainless steel other than cold drawn/cold rolled (cold reduced)
- 6.15% (1.11 million US$): 730431 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.29), seamless, of circular cross-section, of cold-drawn/cold-rolled (cold-reduced) steel
- 2.89% (524 thousand US$): 730439 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.31), seamless, of circular cross section, of iron (excl. cast iron)/non-alloy steel
- 2.79% (506 thousand US$): 730441 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.39), seamless, of circular cross-section, of stainless steel, cold-drawn/cold-rolled (cold-reduced)
- 1.43% (260 thousand US$): 730451 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.49), seamless, of circular cross-section, of alloy steel other than stainless steel, cold-drawn/cold-rolled (cold-reduced)
The value of imports of commodity group 7304 "Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel." to Australia totalled $ 321 million in 2023. Sales of commodity group 7304 to Australia decreased by 22% in value terms compared to 2022. imports of commodity group 7304 "Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel." decreased by $ 91 million (the value of imports of commodity group 7304 to Australia was equal to $412 million in 2022)
Imports of commodity group 7304 "Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel." accounted for 0.111% of total import flow to Australia (in 2023, total imports to Australia amounted to $ 287 billion). The share of commodity group 7304 in total imports to Australia decreased by 0.021 p.p. compared to 2022 (it was 0.133% in 2022 and cumulative imports to Australia were equal to $ 309 billion).
Imports of commodity group 7304 reached 5.01% of total imports of group "" to Australia in 2023 (imports of commodity group to Australia totalled $6.4 billion in 2023). The share of purchases of commodity group 7304 in imports of commodity group to Australia went down by 0.565 p.p. compared to 2022 (it was 5.58% in 2022, and imports of commodity group to Australia accounted for $7.39 billion).
Where does Australia import Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel. from?
Top trading partners (import of "Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel.") of Australia in 2023:
- China with a share of 43% (140 million US$)
- Japan with a share of 17% (54 million US$)
- Sweden with a share of 7.14% (22 million US$)
- Mexico with a share of 3.46% (11.1 million US$)
- Germany with a share of 3.32% (10.6 million US$)
- Indonesia with a share of 3.14% (10 million US$)
- Areas, nes with a share of 2.6% (8.36 million US$)
- Italy with a share of 2.3% (7.4 million US$)
- Canada with a share of 2.11% (6.78 million US$)
- Turkey with a share of 1.7% (5.49 million US$)
Imports structure of 7304 - Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel. - to Australia in 2023 represented by the following main commodity groups:
- 40% (131 million US$): 730429 - Casing & tubing, seamless, of iron (excl. cast iron)/steel, of a kind used in drilling for oil/gas (excl. drill pipe)
- 14.1% (45 million US$): 730459 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.49), seamless, of circular cross-section, of alloy steel other than stainless steel (excl. of 7304.51)
- 6.39% (20 million US$): 730441 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.39), seamless, of circular cross-section, of stainless steel, cold-drawn/cold-rolled (cold-reduced)
- 5.27% (16.9 million US$): 730439 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.31), seamless, of circular cross section, of iron (excl. cast iron)/non-alloy steel
- 5.26% (16.9 million US$): 730431 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.29), seamless, of circular cross-section, of cold-drawn/cold-rolled (cold-reduced) steel
- 2.64% (8.49 million US$): 730449 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.39), seamless, of circular cross-section, of stainless steel other than cold drawn/cold rolled (cold reduced)
- 1.53% (4.93 million US$): 730451 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.49), seamless, of circular cross-section, of alloy steel other than stainless steel, cold-drawn/cold-rolled (cold-reduced)
- 1.37% (4.42 million US$): 730490 - Tubes, pipes & hollow profiles (excl. of 7304.10-7304.59), seamless, of iron other than cast iron/steel