HS Icon Liquid Pumps in  Flag United States

2021
Exports | Imports
: $7.61B | $10.7B, World Rnk 3 / 223
Flag Rnk 40 / 1216 | World Rnk 1 / 225
Flag Rnk 55 / 1215

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $194M | $291M, China |  Mexico

2021
ECONOMIC COMPLEXITY of United States
: 1.46, Rnk 10 / 131

2021
PRODUCT COMPLEXITY IN Liquid Pumps
: 1.27, Rnk 102 / 1029

Exports In 2021, United States exported $7.61B in Liquid Pumps, making it the 3rd largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 40th most exported product in United States. The main destination of Liquid Pumps exports from United States are: Canada ($1.6B), Mexico ($1.28B), China ($692M), Germany ($315M), and United Kingdom ($315M).

The fastest growing export markets for Liquid Pumps of United States between 2020 and 2021 were China ($194M), Canada ($136M), and Brazil ($57.2M).

Imports In 2021, United States imported $10.7B in Liquid Pumps, becoming the 1st largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 55th most imported product in United States. United States imports Liquid Pumps primarily from: Mexico ($1.96B), China ($1.96B), Germany ($1.31B), Japan ($1.03B), and Canada ($953M).

The fastest growing import markets in Liquid Pumps for United States between 2020 and 2021 were Mexico ($291M), Germany ($279M), and Japan ($243M).

Tariffs In 2019, the average tariff for United States in Liquid Pumps was 0.33%. The countries with the highest import tariffs for Liquid Pumps were Burundi (Most Favoured Nation duty rate treatment, 0.47%), Democratic Republic of the Congo (Most Favoured Nation duty rate treatment, 0.47%), Algeria (Most Favoured Nation duty rate treatment, 0.47%), Egypt (Most Favoured Nation duty rate treatment, 0.47%), and Eritrea (Most Favoured Nation duty rate treatment, 0.47%).

February 2023

Subnational Monthly Trade

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Time Scale
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EXPORT GROWTH (February 2022 - February 2023): $93.6M, (15.2%)

IMPORT GROWTH (February 2022 - February 2023): $52.5M, (5.58%)

MAIN EXPORTER (February 2023): Texas, $130M

MAIN DESTINATION (February 2023): Canada, $178M

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

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EXPORTS (2021): $7.61B

IMPORTS (2021): $10.7B

NET TRADE (2021): -$3.12B

In 2021, United States exported $7.61B in Liquid Pumps. The main destinations of United States exports on Liquid Pumps were Canada ($1.6B), Mexico ($1.28B), China ($692M), Germany ($315M), and United Kingdom ($315M).

In 2021, United States imported $10.7B in Liquid Pumps, mainly from Mexico ($1.96B), China ($1.96B), Germany ($1.31B), Japan ($1.03B), and Canada ($953M).

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Flow

THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR United States WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY United States WERE (2020 - 2021):

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Market Concentration

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In 2021, United States's main exporting competitors in Liquid Pumps were:

In 2021, United States's main importing competitors in Liquid Pumps were:

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