Hydraulic Brake Fluid in United States

EXPORTS (2018): $175M, World Rnk 2 / 107
Flag Rnk 586 / 1222

TOP DESTINATION (2018): $31.4M, Canada

FASTEST GROWING MARKET (2017 - 2018): $2.48M, Peru

IMPORTS (2018): $33M, World Rnk 7 / 204
Flag Rnk 1006 / 1217

TOP ORIGIN (2018): $20.8M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $1.8M, United Kingdom

ECONOMIC COMPLEXITY of United States (2018): 1.57, Rnk 9 / 137

PRODUCT COMPLEXITY  IN Hydraulic Brake Fluid (2018): 0.68, Rnk 288 / 1018

Exports: In 2018, United States exported $175M 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 586th most exported product in United States. The main destination of Hydraulic Brake Fluid exports from United States are: Canada ($31.4M), Mexico ($20.7M), United Kingdom ($8.18M), Saudi Arabia ($7.96M), and Netherlands ($7.72M).

The fastest growing export markets for Hydraulic Brake Fluid of United States between 2017 and 2018 were Peru ($2.48M), Canada ($2.29M), and Brazil ($2.03M).

Imports: In 2018, United States imported $33M in Hydraulic Brake Fluid, becoming the 7th largest importer of Hydraulic Brake Fluid in the world. At the same year, Hydraulic Brake Fluid was the 1006th most imported product in United States. United States imports Hydraulic Brake Fluid primarily from: Germany ($20.8M), United Kingdom ($5.18M), Canada ($1.6M), Switzerland ($960k), and South Korea ($912k).

The fastest growing import markets in Hydraulic Brake Fluid for United States between 2017 and 2018 were United Kingdom ($1.8M), Germany ($1.21M), and Mexico ($395k).

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 (6.5%), Egypt (6.5%), Eritrea (6.5%), Western Sahara (6.5%), and Equatorial Guinea (6.5%).

Overview: In October 2020 United States' Hydraulic Brake Fluid exports accounted up to $8.28M and imports accounted up to $2.07M, resulting in a positive trade balance of $6.2M. Between October 2019 and October 2020 the exports of United States'   Hydraulic Brake Fluid have decreased by $-2.91M (-26%) from $11.2M to $8.28M, while imports decreased by $-419k (-16.8%) from $2.49M to $2.07M.

Destinations: In October 2020 Hydraulic Brake Fluid exported mostly to Canada ($2.48M), Mexico ($988k), Saudi Arabia ($522k), Colombia ($374k), and Chile ($325k), and imported mostly from Germany ($1.11M), South Korea ($274k), United Kingdom ($223k), Mexico ($119k), and Taiwan ($106k).

Growth: In October 2020, the decrease in Hydraulic Brake Fluid's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-996k or -97.6%), Mexico ($-382k or -27.9%), and Brazil ($-382k or -78.2%). In October 2020, the decrease in Hydraulic Brake Fluid's year-by-year imports was explained primarily by a decrease in imports from United Kingdom ($-380k or -63%), France ($-196k or -95.8%), and Switzerland ($-86k or -58.9%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (October 2019 - October 2020): $-2.91M, (-26%)

IMPORT GROWTH (October 2019 - October 2020): $-419k, (-16.8%)

MAIN EXPORTER (October 2020): Texas, $1.74M

MAIN DESTINATION (October 2020): Canada, $2.48M

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.

Value

EXPORTS (2018): $175M

IMPORTS (2018): $33M

NET TRADE (2018): $142M

In 2018, United States exported $175M in Hydraulic Brake Fluid. The main destinations of United States exports on Hydraulic Brake Fluid were Canada ($31.4M), Mexico ($20.7M), United Kingdom ($8.18M), Saudi Arabia ($7.96M), and Netherlands ($7.72M).

In 2018, United States imported $33M in Hydraulic Brake Fluid, mainly from Germany ($20.8M), United Kingdom ($5.18M), Canada ($1.6M), Switzerland ($960k), and South Korea ($912k).

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IN 2018, United States HAD A POSITIVE NET TRADE IN Hydraulic Brake Fluid WITH:

IN 2018, United States HAD A NEGATIVE NET TRADE IN Hydraulic Brake Fluid WITH:

Flow

THE FASTEST GROWING Hydraulic Brake Fluid EXPORT MARKETS FOR United States WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Brake Fluid BY United States WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, United States's main exporting competitors in Hydraulic Brake Fluid were:

In 2018, United States's main importing competitors in Hydraulic Brake Fluid were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Hydraulic Brake Fluid in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for United States in Hydraulic Brake Fluid was 4.2%.

The countries with the highest tariffs for Hydraulic Brake Fluid in United States were Algeria (6.5%), Egypt (6.5%), Eritrea (6.5%), Western Sahara (6.5%), and Equatorial Guinea (6.5%).

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