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Pricing

841370 (Harmonized System 1992 for 6-digit)

2022
World Trade $16.5BRnk 220 / 4648
2022
Top Exporter | Top Importer $4.06B | $1.89BChina | United States
2022
Product Complexity 1.01Rnk 761 / 4653
2021 - 2022
Export Growth (CAGR) -3.65%Rnk 3433 / 4648
2022
Share of World Trade 0.07%Rnk 220 / 4648

About

Overview This page contains the latest trade data of Centrifugal pumps nes. In 2022, Centrifugal pumps nes were the world's 220th most traded product, with a total trade of $16.5B. Between 2021 and 2022 the exports of Centrifugal pumps nes decreased by -3.65%, from $17.1B to $16.5B. Trade in Centrifugal pumps nes represent 0.07% of total world trade.

Centrifugal pumps nes are a part of Liquid Pumps.

Exports In 2022 the top exporters of Centrifugal pumps nes  were China ($4.06B), Germany ($1.86B), Italy ($1.17B), United States ($1.12B), and France ($872M).

Imports In 2022 the top importers of Centrifugal pumps nes were United States ($1.89B), Germany ($1.06B), China ($717M), Netherlands ($679M), and Canada ($547M).

Ranking Centrifugal pumps nes ranks 761st in the Product Complexity Index (PCI).

Description Centrifugal pumps are used in both liquid and gas systems to move fluids. They are used in a wide variety of applications in industry, agriculture, medicine, and sewage treatment.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Centrifugal pumps nes. 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$4.06B
Top Destination (2022)United States$1.89B

In 2022 Centrifugal pumps nes were the world's 220th most traded product (out of 4,648).

In 2022, the top exporters of Centrifugal pumps nes were China ($4.06B), Germany ($1.86B), Italy ($1.17B), United States ($1.12B), and France ($872M).

In 2022, the top importers of Centrifugal pumps nes were United States ($1.89B), Germany ($1.06B), China ($717M), Netherlands ($679M), and Canada ($547M).

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Exporters of Centrifugal pumps nes (2022)
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Importers of Centrifugal pumps nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Czechia$74.3M
Top Destination Growth (2021 -  2022)United States$144M

Between 2021 and 2022, the exports of Centrifugal pumps nes grew the fastest in Czechia ($74.3M), Denmark ($53.8M), Hungary ($50.8M), Saudi Arabia ($41.7M), and Mexico ($35.9M).

Between 2021 and 2022, the fastest growing importers of Centrifugal pumps nes were United States ($144M), Germany ($78.4M), Kuwait ($71.8M), Canada ($44M), and Democratic Republic of the Congo ($37.7M).

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Exporters of Centrifugal pumps nes (2021 - 2022)

Importers of Centrifugal pumps nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Centrifugal pumps nes.

In 2022, market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of Centrifugal pumps nes are explained by 19 countries.

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Value of Exports in Centrifugal pumps nes

Net Trade

TOP NET EXPORTER (2022)China$3.35B
TOP NET IMPORTER (2022)United States$769M

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

In 2022, the countries that had a largest trade value in exports than in imports of Centrifugal pumps nes were China ($3.35B), Germany ($801M), Italy ($681M), Hungary ($389M), and France ($333M).

In 2022, the countries that had a largest trade value in imports than in exports of Centrifugal pumps nes were United States ($769M), Russia ($403M), Canada ($392M), Indonesia ($342M), and Australia ($216M).

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 Centrifugal pumps nes.
It is possible to select the main countries that export or import Centrifugal pumps nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Centrifugal pumps nes 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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