Hydraulic Brake Fluid in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $23.9M in Hydraulic Brake Fluid, making it the 10th largest exporter of Hydraulic Brake Fluid in the world. At the same year, Hydraulic Brake Fluid was the 1025th most exported product in China. The main destination of Hydraulic Brake Fluid exports from China are: Chinese Taipei ($2.41M), Nigeria ($2.38M), Russia ($1.46M), Thailand ($1.42M), and Japan ($1.24M).

The fastest growing export markets for Hydraulic Brake Fluid of China between 2021 and 2022 were Russia ($1.44M), Chinese Taipei ($1.27M), and Kazakhstan ($1.03M).

Imports In 2022, China imported $53.1M in Hydraulic Brake Fluid, becoming the 3rd largest importer of Hydraulic Brake Fluid in the world. At the same year, Hydraulic Brake Fluid was the 774th most imported product in China. China imports Hydraulic Brake Fluid primarily from: Germany ($24.4M), United Kingdom ($6.3M), Japan ($5.99M), France ($5.62M), and United States ($5.44M).

The fastest growing import markets in Hydraulic Brake Fluid for China between 2021 and 2022 were France ($4.95M), United Kingdom ($2.82M), and United States ($2.82M).

COMPANIES In 2023, leading companies such as DANFOSS POWER SOLUTIONS COMPANY (3) and GLOBAL ETRADE SERVICES INC (1) were at the forefront of shipping Hydraulic Brake Fluid from China to the United States.

Latest Trends

March 2024

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Overview In March 2024 China's Hydraulic Brake Fluid exports accounted up to $2.97M and imports accounted up to $6.45M, resulting in a negative trade balance of $3.48M. Between March 2023 and March 2024 the exports of China's Hydraulic Brake Fluid have increased by $535k (21.9%) from $2.44M to $2.97M, while imports increased by $2.03M (45.8%) from $4.43M to $6.45M.

Destinations In March 2024, Hydraulic Brake Fluid were exported mostly to Russia ($356k), Nigeria ($347k), Chinese Taipei ($235k), Thailand ($227k), and India ($200k), and were imported mostly from Germany ($2.82M), United States ($2.41M), Japan ($370k), China ($242k), and United Kingdom ($189k).

Growth In March 2024, the increase in Hydraulic Brake Fluid's year-by-year exports was explained primarily by an increase in exports to Russia ($399k or 11.1k%), Nigeria ($92.3k or 29.6%), and Venezuela ($77.3k or 368%). In March 2024, the increase in Hydraulic Brake Fluid's year-by-year imports was explained primarily by an increase in imports from United States ($274k or 39.5%), Thailand ($37.3k or 257%), and South Korea ($20.3k or 69.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$535k(21.9%)

IMPORT GROWTH (March 2023 - March 2024)$2.03M(45.8%)

MAIN EXPORTER (March 2024)Jiangsu Province$1.2M

MAIN DESTINATION (March 2024)Russia$356k

This section shows Hydraulic Brake Fluid's exports and imports data at subnational level for China. 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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