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841391 (Harmonized System 1992 for 6-digit)

2022
World Trade $16.8BRnk 205 / 4648
2022
Top Exporter | Top Importer $3.07B | $3.1BChina | United States
2022
Product Complexity 1.15Rnk 563 / 4653
2021 - 2022
Export Growth (CAGR) 4.08%Rnk 2367 / 4648
2022
Share of World Trade 0.071%Rnk 205 / 4648

About

Overview This page contains the latest trade data of Parts of pumps for liquids. In 2022, Parts of pumps for liquids were the world's 205th most traded product, with a total trade of $16.8B. Between 2021 and 2022 the exports of Parts of pumps for liquids grew by 4.08%, from $16.2B to $16.8B. Trade in Parts of pumps for liquids represent 0.071% of total world trade.

Parts of pumps for liquids are a part of Liquid Pumps.

Exports In 2022 the top exporters of Parts of pumps for liquids  were China ($3.07B), United States ($2.16B), Germany ($2.15B), Italy ($927M), and Japan ($767M).

Imports In 2022 the top importers of Parts of pumps for liquids were United States ($3.1B), Germany ($1.24B), China ($865M), Canada ($844M), and Mexico ($655M).

Ranking Parts of pumps for liquids ranks 563rd in the Product Complexity Index (PCI).

Description A pump is a device that moves liquids and gasses through a pipe by sucking the liquid or gas from one place and pushing it to another. There are two commonly used types of pumps: centrifugal and positive displacement.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Parts of pumps for liquids. Countries are shown based on data availability.

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

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* 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$3.07B
Top Destination (2022)United States$3.1B

In 2022 Parts of pumps for liquids were the world's 205th most traded product (out of 4,648).

In 2022, the top exporters of Parts of pumps for liquids were China ($3.07B), United States ($2.16B), Germany ($2.15B), Italy ($927M), and Japan ($767M).

In 2022, the top importers of Parts of pumps for liquids were United States ($3.1B), Germany ($1.24B), China ($865M), Canada ($844M), and Mexico ($655M).

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Exporters of Parts of pumps for liquids (2022)
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Importers of Parts of pumps for liquids (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$585M
Top Destination Growth (2021 -  2022)United States$472M

Between 2021 and 2022, the exports of Parts of pumps for liquids grew the fastest in China ($585M), India ($183M), United States ($147M), Canada ($99.4M), and Chinese Taipei ($37.8M).

Between 2021 and 2022, the fastest growing importers of Parts of pumps for liquids were United States ($472M), Canada ($120M), Indonesia ($45.2M), Germany ($41.2M), and Japan ($37.2M).

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Exporters of Parts of pumps for liquids (2021 - 2022)

Importers of Parts of pumps for liquids (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of pumps for liquids.

In 2022, market concentration measured using Shannon Entropy, was 4.45. This means that most of the exports of Parts of pumps for liquids are explained by 21 countries.

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Value of Exports in Parts of pumps for liquids

Net Trade

TOP NET EXPORTER (2022)China$2.2B
TOP NET IMPORTER (2022)United States$934M

This map shows which countries export or import more of Parts of pumps for liquids. Each country is colored based on the difference in exports and imports of Parts of pumps for liquids during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts of pumps for liquids were China ($2.2B), Germany ($902M), Italy ($411M), India ($401M), and Denmark ($393M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts of pumps for liquids were United States ($934M), Canada ($409M), Mexico ($316M), Czechia ($232M), and Saudi Arabia ($207M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Parts of pumps for liquids 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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