Carbon steel seamless drill pipe trade by country: top importers, exporters and prices
World trade in carbon steel seamless drill pipe was worth $682.1 million in 2024, about 226.6 thousand tonnes. That is a fall of 4% since 2017, and down 25% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $682.1M | 226.6K t |
| 2023 | $907.0M | 298.5K t |
| 2022 | $801.2M | 273.8K t |
| 2021 | $527.5M | 194.3K t |
| 2020 | $728.3M | 296.8K t |
| 2019 | $1.02B | 445.7K t |
| 2018 | $920.5M | 387.8K t |
| 2017 | $709.7M | 349.0K t |
Top carbon steel seamless drill pipe exporting countries
Exports are led by China (53%), the United States (13%) and Austria (7%). 108 countries reported exports, and the top three account for 72%.
| Exporter | Value | Share |
|---|---|---|
| China | $358.9M | 53% |
| United States | $88.6M | 13% |
| Austria | $46.3M | 6.8% |
| Mexico | $20.3M | 3% |
| Germany | $18.0M | 2.6% |
| United Kingdom | $15.6M | 2.3% |
| Russia | $14.0M | 2.1% |
| United Arab Emirates | $9.6M | 1.4% |
| France | $8.9M | 1.3% |
| Singapore | $8.2M | 1.2% |
| India | $7.8M | 1.1% |
| Spain | $6.7M | 1% |
Top importing countries and buyer markets
The largest importers are the United States (13%), Saudi Arabia (9%) and Thailand (8%). 175 countries imported it, and the top three take 31% of the value.
| Importer | Value | Share |
|---|---|---|
| United States | $91.5M | 13% |
| Saudi Arabia | $63.6M | 9.3% |
| Thailand | $56.2M | 8.2% |
| Canada | $40.4M | 5.9% |
| United Arab Emirates | $30.5M | 4.5% |
| Singapore | $24.2M | 3.6% |
| Uzbekistan | $19.9M | 2.9% |
| Russia | $19.8M | 2.9% |
| United Kingdom | $19.7M | 2.9% |
| Mexico | $15.7M | 2.3% |
| Argentina | $15.6M | 2.3% |
| Indonesia | $14.7M | 2.2% |
Average price per kg
The world average declared value was about $3.01 per kg in 2024. Among the main exporters, Germany averaged $6.13 per kg and the United Arab Emirates $1.99 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Carbon steel seamless drill pipe (HS 7304.23) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7304.23: Iron or steel (excluding cast iron or stainless steel): seamless, drill pipe, of a kind used in drilling for oil or gas. HS 7304 codes.
Common questions
Which countries export the most carbon steel seamless drill pipe?
China exported $358.9 million in 2024, 53% of the world total, followed by the United States (13%) and Austria (7%). In all, 108 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most carbon steel seamless drill pipe?
The United States imported $91.5 million in 2024, 13% of world imports, ahead of Saudi Arabia (9%) and Thailand (8%). The top three importers together take 31%. Each country with its own page is linked from the table.
How big is the world trade in carbon steel seamless drill pipe?
It was worth $682.1 million in 2024, about 226.6 thousand tonnes. That is a fall of 4% since 2017. The peak year was 2019 at $1.02 billion. 108 countries reported exports and 175 reported imports.
What is the average price of carbon steel seamless drill pipe per kg?
The world average declared value was about $3.01 per kg in 2024. Among the main exporters, Germany averaged $6.13 per kg and the United Arab Emirates $1.99 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for carbon steel seamless drill pipe?
The HS code for carbon steel seamless drill pipe is subheading 7304.23, in chapter 73 (iron or steel articles). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 7304 page.
How can I find carbon steel seamless drill pipe buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show carbon steel seamless drill pipe buyers and suppliers on a short call.
See what your buyers are buying.Then decide.
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