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2022
Exports $8.25BWorld Rnk 3 / 221
Flag Rnk 38 / 1217
2022
Destination $274M Canada
2021 - 2022
FASTEST GROWING MARKET $274MCanada
2022
PRODUCT COMPLEXITY IN Liquid Pumps1.19Rnk 105 / 1025
2022
Imports $11.7BWorld Rnk 1 / 225
Flag Rnk 53 / 1216
2022
Origin $240M China
2021 - 2022
FASTEST GROWING ORIGIN $240MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $8.25B in Liquid Pumps, making it the 3rd largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 38th most exported product in United States. The main destination of Liquid Pumps exports from United States are: Canada ($1.88B), Mexico ($1.29B), China ($548M), Germany ($373M), and United Kingdom ($371M).

The fastest growing export markets for Liquid Pumps of United States between 2021 and 2022 were Canada ($274M), Thailand ($61.5M), and Germany ($57.9M).

Imports In 2022, United States imported $11.7B in Liquid Pumps, becoming the 1st largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 53rd most imported product in United States. United States imports Liquid Pumps primarily from: China ($2.19B), Mexico ($2.19B), Germany ($1.34B), Canada ($1.08B), and Japan ($961M).

The fastest growing import markets in Liquid Pumps for United States between 2021 and 2022 were China ($240M), Mexico ($225M), and India ($143M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH LLC (2.77k), DANFOSS POWER SOLUTIONS COMPANY (1.22k), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (309) were at the forefront of shipping Liquid Pumps to the United States.

Latest Trends

February 2024

About

Overview In February 2024 United States' Liquid Pumps exports accounted up to $816M and imports accounted up to $1.02B, resulting in a negative trade balance of $203M. Between February 2023 and February 2024 the exports of United States'   Liquid Pumps have increased by $106M (14.9%) from $710M to $816M, while imports increased by $26.4M (2.66%) from $993M to $1.02B.

Destinations In February 2024, Liquid Pumps were exported mostly to Canada ($204M), Mexico ($137M), United Kingdom ($42M), China ($41.4M), and Germany ($40.9M), and were imported mostly from Mexico ($226M), China ($162M), Germany ($106M), Japan ($97.6M), and Canada ($94.1M).

Growth In February 2024, the increase in Liquid Pumps's year-by-year exports was explained primarily by an increase in exports to Canada ($48.3M or 33.8%), Mexico ($26.1M or 25.5%), and Thailand ($9.22M or 141%). In February 2024, the increase in Liquid Pumps's year-by-year imports was explained primarily by an increase in imports from Mexico ($38.3M or 22.6%), India ($15.7M or 49.1%), and Canada ($13.4M or 19.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$106M(14.9%)
IMPORT GROWTH (February 2023 - February 2024)$26.4M(2.66%)
MAIN EXPORTER (February 2024)Texas$150M
MAIN DESTINATION (February 2024)Canada$204M

This section shows Liquid Pumps'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 Liquid Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.25B
IMPORTS (2022)$11.7B
NET TRADE (2022)-$3.49B

In 2022, United States exported $8.25B in Liquid Pumps. The main destinations of United States exports on Liquid Pumps were Canada ($1.88B), Mexico ($1.29B), China ($548M), Germany ($373M), and United Kingdom ($371M).

In 2022, United States imported $11.7B in Liquid Pumps, mainly from China ($2.19B), Mexico ($2.19B), Germany ($1.34B), Canada ($1.08B), and Japan ($961M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$274M (17.1%)
Thailand$61.5M (102%)
Germany$57.9M (18.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY United States WERE (2021 - 2022):
China-$143M (-20.7%)
Russia-$43.2M (-84.7%)
Ireland-$12.2M (-28%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Liquid Pumps were:
China $12.2B
Germany $11B
In 2022, United States's main importing competitors in Liquid Pumps were:
Germany $5.33B
China $4.29B

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Trade Value of Liquid Pumps by Exporters

Keep Exploring

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