2022
Exports
$8.25BWorld Rnk 3 / 221
Flag Rnk 38 / 1217
2022
PRODUCT COMPLEXITY IN Liquid Pumps
1.19Rnk 105 / 1025
2022
Imports
$11.7BWorld Rnk 1 / 225
Flag Rnk 53 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $8.25B in Liquid Pumps, making it the 3rd largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 38th most exported product in United States. The main destination of Liquid Pumps exports from United States are: Canada ($1.88B), Mexico ($1.29B), China ($548M), Germany ($373M), and United Kingdom ($371M).

The fastest growing export markets for Liquid Pumps of United States between 2021 and 2022 were Canada ($274M), Thailand ($61.5M), and Germany ($57.9M).

Imports In 2022, United States imported $11.7B in Liquid Pumps, becoming the 1st largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 53rd most imported product in United States. United States imports Liquid Pumps primarily from: China ($2.19B), Mexico ($2.19B), Germany ($1.34B), Canada ($1.08B), and Japan ($961M).

The fastest growing import markets in Liquid Pumps for United States between 2021 and 2022 were China ($240M), Mexico ($225M), and India ($143M).

COMPANIES In 2023, leading companies such as Robert Bosch (2.66k), Danfoss (1.22k), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (296) were at the forefront of shipping Liquid Pumps to the United States.

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-10.9M(-1.42%)
IMPORT GROWTH (September 2023 - September 2024)$56.3M(5.42%)
MAIN EXPORTER (September 2024)Texas$151M
MAIN DESTINATION (September 2024)Canada$175M

This section shows Liquid Pumps'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 Liquid Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.25B
IMPORTS (2022)$11.7B
NET TRADE (2022)-$3.49B

In 2022, United States exported $8.25B in Liquid Pumps. The main destinations of United States exports on Liquid Pumps were Canada ($1.88B), Mexico ($1.29B), China ($548M), Germany ($373M), and United Kingdom ($371M).

In 2022, United States imported $11.7B in Liquid Pumps, mainly from China ($2.19B), Mexico ($2.19B), Germany ($1.34B), Canada ($1.08B), and Japan ($961M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$274M (17.1%)
Thailand$61.5M (102%)
Germany$57.9M (18.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY United States WERE (2021 - 2022):
China-$143M (-20.7%)
Russia-$43.2M (-84.7%)
Ireland-$12.2M (-28%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Liquid Pumps were:
In 2022, United States's main importing competitors in Liquid Pumps were:
Germany $5.33B
China $4.29B

Explore Visualizations

Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $162M
TOP IMPORT POTENTIALChina+ $351M

Liquid Pumps’s highest export potential is China. With an export gap of $162M.   Liquid Pumps’s highest import potential is China with an import gap of $351M.

See methodology.

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