# HS 848180 For Pipes global trade data overview | Yugalinks

Reported global trade in for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves reached $65.0B in 2024, with five-year annual growth of +4.4%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $49.5B | +5.1% | +9.3% |
| 2014 | $51.8B | +4.6% | +5.7% |
| 2015 | $47.9B | -7.6% | +0.5% |
| 2016 | $46.1B | -3.6% | -2.3% |
| 2017 | $48.2B | +4.5% | -2.3% |
| 2018 | $52.8B | +9.4% | +3.3% |
| 2019 | $52.3B | -0.9% | +4.3% |
| 2020 | $49.5B | -5.3% | +0.9% |
| 2021 | $57.6B | +16.4% | +3% |
| 2022 | $59.8B | +3.8% | +4.6% |
| 2023 | $61.0B | +2% | +7.2% |
| 2024 | $65.0B | +6.5% | +4.1% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $9.8B | +4.6% | 129 |
| China | $4.5B | +3.9% | 105 |
| Germany | $3.8B | +1.7% | 122 |
| Canada | $2.4B | +1.3% | 128 |
| United Kingdom | $2.4B | +3.8% | 116 |
| France | $2.3B | +3.3% | 132 |
| Mexico | $2.1B | +6.1% | 113 |
| Saudi Arabia | $1.9B | +16% | 87 |
| Russia | $1.6B | -1% | 53 |
| Republic of Korea | $1.6B | +2.1% | 91 |
| Italy | $1.4B | +5.7% | 100 |
| Netherlands | $1.3B | +2.1% | 110 |

_Source: reported merchandise trade data. Updated 2026-08-14._