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841480 (Harmonized System 1992 for 6-digit)

2022
World Trade $23.2BRnk 135 / 4648
2022
Top Exporter | Top Importer $4.79B | $3.48BChina | United States
2022
Product Complexity 1.25Rnk 435 / 4653
2021 - 2022
Export Growth (CAGR) 1.49%Rnk 2758 / 4648
2022
Share of World Trade 0.098%Rnk 135 / 4648

About

Overview This page contains the latest trade data of Air or gas compressors, hoods. In 2022, Air or gas compressors, hoods were the world's 135th most traded product, with a total trade of $23.2B. Between 2021 and 2022 the exports of Air or gas compressors, hoods grew by 1.49%, from $22.9B to $23.2B. Trade in Air or gas compressors, hoods represent 0.098% of total world trade.

Air or gas compressors, hoods are a part of Air Pumps.

Exports In 2022 the top exporters of Air or gas compressors, hoods  were China ($4.79B), Germany ($3.1B), United States ($2.2B), Mexico ($1.24B), and Italy ($1.02B).

Imports In 2022 the top importers of Air or gas compressors, hoods were United States ($3.48B), Germany ($1.86B), China ($1.44B), United Kingdom ($961M), and Mexico ($879M).

Ranking Air or gas compressors, hoods ranks 435th in the Product Complexity Index (PCI).

Description Air or gas compressors are used to pump air or gas into an area where it is needed. A hood is a device that is used to remove air pollutants or other contaminants from an area.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Air or gas compressors, hoods. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$4.79B
Top Destination (2022)United States$3.48B

In 2022 Air or gas compressors, hoods were the world's 135th most traded product (out of 4,648).

In 2022, the top exporters of Air or gas compressors, hoods were China ($4.79B), Germany ($3.1B), United States ($2.2B), Mexico ($1.24B), and Italy ($1.02B).

In 2022, the top importers of Air or gas compressors, hoods were United States ($3.48B), Germany ($1.86B), China ($1.44B), United Kingdom ($961M), and Mexico ($879M).

Explore Visualizations

Exporters of Air or gas compressors, hoods (2022)
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Importers of Air or gas compressors, hoods (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$251M
Top Destination Growth (2021 -  2022)United States$522M

Between 2021 and 2022, the exports of Air or gas compressors, hoods grew the fastest in United States ($251M), Mexico ($191M), China ($121M), Switzerland ($112M), and Canada ($98.1M).

Between 2021 and 2022, the fastest growing importers of Air or gas compressors, hoods were United States ($522M), Mexico ($232M), Saudi Arabia ($186M), Romania ($88.7M), and Kazakhstan ($78.1M).

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Exporters of Air or gas compressors, hoods (2021 - 2022)

Importers of Air or gas compressors, hoods (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Air or gas compressors, hoods.

In 2022, market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of Air or gas compressors, hoods are explained by 19 countries.

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Value of Exports in Air or gas compressors, hoods

Net Trade

TOP NET EXPORTER (2022)China$3.36B
TOP NET IMPORTER (2022)United States$1.27B

This map shows which countries export or import more of Air or gas compressors, hoods. Each country is colored based on the difference in exports and imports of Air or gas compressors, hoods during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Air or gas compressors, hoods were China ($3.36B), Germany ($1.24B), Belgium ($516M), Romania ($510M), and Slovakia ($510M).

In 2022, the countries that had a largest trade value in imports than in exports of Air or gas compressors, hoods were United States ($1.27B), Russia ($837M), Spain ($370M), Australia ($345M), and Saudi Arabia ($340M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Air or gas compressors, hoods.
It is possible to select the main countries that export or import Air or gas compressors, hoods in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Air or gas compressors, hoods by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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