Hydraulic Brake Fluid in United States 2021 Exports | Imports : $143M | $34.6M, World Rnk 2 / 138 Rnk 641 / 1216 | World Rnk 6 / 211 Rnk 1007 / 1215
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $5.22M | $6.27M, Canada | Germany
2021 ECONOMIC COMPLEXITY of United States: 1.46, Rnk 10 / 131
2021 PRODUCT COMPLEXITY IN Hydraulic Brake Fluid: 0.69, Rnk 280 / 1029
Exports In 2021, United States exported $143M 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 641st most exported product in United States. The main destination of Hydraulic Brake Fluid exports from United States are: Canada ($30.8M), Mexico ($17.2M), Hong Kong ($7.41M), Saudi Arabia ($6.08M), and Netherlands ($5.15M).
The fastest growing export markets for Hydraulic Brake Fluid of United States between 2020 and 2021 were Canada ($5.22M), Belgium ($4.9M), and Hong Kong ($3.98M).
Imports In 2021, United States imported $34.6M in Hydraulic Brake Fluid, becoming the 6th largest importer of Hydraulic Brake Fluid in the world. At the same year, Hydraulic Brake Fluid was the 1007th most imported product in United States. United States imports Hydraulic Brake Fluid primarily from: Germany ($19.6M), United Kingdom ($3.97M), France ($3.56M), Canada ($2.19M), and Mexico ($1.01M).
The fastest growing import markets in Hydraulic Brake Fluid for United States between 2020 and 2021 were Germany ($6.27M), France ($3.22M), and United Kingdom ($1.43M).
Tariffs In 2018, the average tariff for United States in Hydraulic Brake Fluid was 4.2%. The countries with the highest import tariffs for Hydraulic Brake Fluid were Algeria (Most Favoured Nation duty rate treatment, 6.5%), Egypt (Most Favoured Nation duty rate treatment, 6.5%), Eritrea (Most Favoured Nation duty rate treatment, 6.5%), Western Sahara (Most Favoured Nation duty rate treatment, 6.5%), and Equatorial Guinea (Most Favoured Nation duty rate treatment, 6.5%).
February 2023
Overview In February 2023 United States' Hydraulic Brake Fluid exports accounted up to $14.1M and imports accounted up to $3.42M, resulting in a positive trade balance of $10.7M. Between February 2022 and February 2023 the exports of United States' Hydraulic Brake Fluid have increased by $1.3M (10.2%) from $12.8M to $14.1M, while imports increased by $578k (20.3%) from $2.85M to $3.42M.
Destinations In February 2023, Hydraulic Brake Fluid were exported mostly to Canada ($3.33M), Hong Kong ($1.22M), Mexico ($1.18M), Singapore ($771k), and Netherlands ($577k), and were imported mostly from Germany ($2.45M), United Kingdom ($490k), Mexico ($193k), South Korea ($106k), and Switzerland ($87.7k).
Growth In February 2023, the increase in Hydraulic Brake Fluid's year-by-year exports was explained primarily by an increase in exports to Netherlands ($1.02M or 7.63k%), Canada ($818k or 37.8%), and Mexico ($664k or 43.9%). In February 2023, the increase in Hydraulic Brake Fluid's year-by-year imports was explained primarily by an increase in imports from Germany ($488k or 36.4%), Switzerland ($112k or 221%), and Ukraine ($101k or 286%).
EXPORT GROWTH (February 2022 - February 2023): $1.3M, (10.2%)
IMPORT GROWTH (February 2022 - February 2023): $578k, (20.3%)
MAIN EXPORTER (February 2023): Texas, $2.07M
MAIN DESTINATION (February 2023): Canada, $3.33M
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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EXPORTS (2021): $143M
IMPORTS (2021): $34.6M
NET TRADE (2021): $109M
In 2021, United States exported $143M in Hydraulic Brake Fluid. The main destinations of United States exports on Hydraulic Brake Fluid were Canada ($30.8M), Mexico ($17.2M), Hong Kong ($7.41M), Saudi Arabia ($6.08M), and Netherlands ($5.15M).
In 2021, United States imported $34.6M in Hydraulic Brake Fluid, mainly from Germany ($19.6M), United Kingdom ($3.97M), France ($3.56M), Canada ($2.19M), and Mexico ($1.01M).
THE FASTEST GROWING Hydraulic Brake Fluid EXPORT MARKETS FOR United States WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Brake Fluid BY United States WERE (2020 - 2021):
In 2021, United States's main exporting competitors in Hydraulic Brake Fluid were:
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