Liquid Pumps in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $12.2B in Liquid Pumps, making it the 1st largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 63rd most exported product in China. The main destination of Liquid Pumps exports from China are: United States ($2.19B), Russia ($601M), Mexico ($525M), Japan ($518M), and Germany ($491M).

The fastest growing export markets for Liquid Pumps of China between 2021 and 2022 were United States ($240M), Russia ($162M), and Canada ($51.5M).

Imports In 2022, China imported $4.29B in Liquid Pumps, becoming the 3rd largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 83rd most imported product in China. China imports Liquid Pumps primarily from: Germany ($1.16B), Japan ($809M), United States ($548M), South Korea ($191M), and Italy ($180M).

The fastest growing import markets in Liquid Pumps for China between 2021 and 2022 were Mexico ($28.4M), United Kingdom ($6.59M), and Hong Kong ($5.17M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (11.3k), AMAZON SERVICES LLC (3.13k), and ROBERT BOSCH LLC (2.24k) were at the forefront of shipping Liquid Pumps from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Liquid Pumps exports accounted up to $859M and imports accounted up to $284M, resulting in a positive trade balance of $575M. Between February 2023 and February 2024 the exports of China's Liquid Pumps have increased by $234M (37.4%) from $625M to $859M, while imports decreased by $-72.8M (-20.4%) from $356M to $284M.

Destinations In February 2024, Liquid Pumps were exported mostly to United States ($124M), Russia ($81.2M), Mexico ($34.8M), Germany ($33.1M), and Japan ($30.8M), and were imported mostly from Germany ($66.2M), Japan ($51.9M), United States ($42.4M), Italy ($17.6M), and Norway ($11.7M).

Growth In February 2024, the increase in Liquid Pumps's year-by-year exports was explained primarily by an increase in exports to Russia ($28.7M or 53.5%), Algeria ($9.99M or 136%), and Turkey ($5.47M or 31.3%). In February 2024, the decrease in Liquid Pumps's year-by-year imports was explained primarily by a decrease in imports from United States ($-165M or -79.1%), Japan ($-45.9M or -49%), and Italy ($-17.7M or -46.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$234M(37.4%)

IMPORT GROWTH (February 2023 - February 2024)$-72.8M(-20.4%)

MAIN EXPORTER (February 2024)Zhejiang Province$470M

MAIN DESTINATION (February 2024)United States$124M

This section shows Liquid Pumps'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 Liquid Pumps over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$12.2B

IMPORTS (2022)$4.29B

NET TRADE (2022)$7.93B

In 2022, China exported $12.2B in Liquid Pumps. The main destinations of China exports on Liquid Pumps were United States ($2.19B), Russia ($601M), Mexico ($525M), Japan ($518M), and Germany ($491M).

In 2022, China imported $4.29B in Liquid Pumps, mainly from Germany ($1.16B), Japan ($809M), United States ($548M), South Korea ($191M), and Italy ($180M).

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