Hydraulic Brake Fluid in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $189M in Hydraulic Brake Fluid, making it the 2nd largest exporter of Hydraulic Brake Fluid in the world. At the same year, Hydraulic Brake Fluid was the 601st most exported product in United States. The main destination of Hydraulic Brake Fluid exports from United States are: Canada ($37.7M), Mexico ($21.4M), United Arab Emirates ($8.83M), Netherlands ($8.5M), and Saudi Arabia ($7.81M).

The fastest growing export markets for Hydraulic Brake Fluid of United States between 2021 and 2022 were Canada ($6.7M), Mexico ($4.29M), and United Arab Emirates ($4.02M).

Imports In 2022, United States imported $46.5M in Hydraulic Brake Fluid, becoming the 5th largest importer of Hydraulic Brake Fluid in the world. At the same year, Hydraulic Brake Fluid was the 989th most imported product in United States. United States imports Hydraulic Brake Fluid primarily from: Germany ($25.9M), United Kingdom ($7.3M), Belgium ($2.44M), France ($2.06M), and South Korea ($1.81M).

The fastest growing import markets in Hydraulic Brake Fluid for United States between 2021 and 2022 were Germany ($6.17M), United Kingdom ($3.3M), and Belgium ($1.74M).

COMPANIES In 2023, leading companies such as DANFOSS POWER SOLUTION (US) COMPANY (15) and GLOBAL ETRADE SERVICES INC (3) were at the forefront of shipping Hydraulic Brake Fluid to the United States.

Latest Trends

January 2024

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Overview In January 2024 United States' Hydraulic Brake Fluid exports accounted up to $12.5M and imports accounted up to $3.39M, resulting in a positive trade balance of $9.12M. Between January 2023 and January 2024 the exports of United States' Hydraulic Brake Fluid have decreased by $-1.55M (-11%) from $14.1M to $12.5M, while imports increased by $522k (18.2%) from $2.87M to $3.39M.

Destinations In January 2024, Hydraulic Brake Fluid were exported mostly to Canada ($3.32M), Mexico ($1.33M), Belgium ($1.26M), China ($893k), and Netherlands ($614k), and were imported mostly from Germany ($2.43M), United Kingdom ($349k), Belgium ($179k), South Korea ($129k), and Italy ($86.6k).

Growth In January 2024, the decrease in Hydraulic Brake Fluid's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-782k or -36%), Philippines ($-527k or -60.3%), and Netherlands ($-519k or -50.4%). In January 2024, the increase in Hydraulic Brake Fluid's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($712k or 472%), France ($407k or 2.03k%), and Japan ($26.7k or 163%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-1.55M(-11%)

IMPORT GROWTH (January 2023 - January 2024)$522k(18.2%)

MAIN EXPORTER (January 2024)Texas$2.28M

MAIN DESTINATION (January 2024)Canada$3.32M

This section shows Hydraulic Brake Fluid's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Hydraulic Brake Fluid over time.

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