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Hydraulic brake fluids and other prepared liquids for hydraulic transmission, not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals

3819 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.14BRnk 906 / 1217
2023
Top Exporter | Top Importer $305M | $83.5MGermany | Germany
2023
Product Complexity 0.58Rnk 345 / 1044
2022 - 2023
Export Growth (CAGR) 4.01%Rnk 279 / 1217
2023
Share of World Trade 0.005%Rnk 906 / 1217

About

Overview This page contains the latest trade data of Hydraulic Brake Fluid. In 2023, Hydraulic Brake Fluid were the world's 906th most traded product, with a total trade of $1.14B. Between 2022 and 2023 the exports of Hydraulic Brake Fluid grew by 4.01%, from $1.09B to $1.14B. Trade in Hydraulic Brake Fluid represent 0.005% of total world trade.

Hydraulic Brake Fluid are a part of Chemical products n.e.s.. They include Hydraulic brake, transmission fluid <70% petroleum oi.

Exports In 2023 the top exporters of Hydraulic Brake Fluid  were Germany ($305M), United States ($191M), United Kingdom ($126M), Switzerland ($64.1M), and Belgium ($60.3M).

Imports In 2023 the top importers of Hydraulic Brake Fluid were Germany ($83.5M), France ($74.6M), Belgium ($51.6M), China ($50.5M), and Canada ($48.9M).

Ranking Hydraulic Brake Fluid ranks 345th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hydraulic Brake Fluid. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Germany$305M
Top Destination (2023)Germany$83.5M

In 2023 Hydraulic Brake Fluid were the world's 906th most traded product (out of 1,217).

In 2023, the top exporters of Hydraulic Brake Fluid were Germany ($305M), United States ($191M), United Kingdom ($126M), Switzerland ($64.1M), and Belgium ($60.3M).

In 2023, the top importers of Hydraulic Brake Fluid were Germany ($83.5M), France ($74.6M), Belgium ($51.6M), China ($50.5M), and Canada ($48.9M).

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Exporters of Hydraulic Brake Fluid (2023)
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Importers of Hydraulic Brake Fluid (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$22.6M
Top Destination Growth (2022 -  2023)France$12.7M

Between 2022 and 2023, the exports of Hydraulic Brake Fluid grew the fastest in Germany ($22.6M), United Kingdom ($20.4M), France ($11.1M), Italy ($9.31M), and China ($7.35M).

Between 2022 and 2023, the fastest growing importers of Hydraulic Brake Fluid were France ($12.7M), Germany ($10.1M), Ukraine ($9.96M), Spain ($6.91M), and Canada ($6.34M).

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Exporters of Hydraulic Brake Fluid (2022 - 2023)

Importers of Hydraulic Brake Fluid (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hydraulic Brake Fluid.

In 2023, market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Hydraulic Brake Fluid are explained by 14 countries.

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Value of Exports in Hydraulic Brake Fluid

Net Trade

TOP NET EXPORTER (2023)Germany$222M
TOP NET IMPORTER (2023)Canada$47.2M

This map shows which countries export or import more of Hydraulic Brake Fluid. Each country is colored based on the difference in exports and imports of Hydraulic Brake Fluid during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hydraulic Brake Fluid were Germany ($222M), United States ($143M), United Kingdom ($88.8M), Switzerland ($55.3M), and Japan ($20.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Hydraulic Brake Fluid were Canada ($47.2M), Mexico ($27.6M), China ($20.7M), Indonesia ($16.1M), and Norway ($15.6M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Hydraulic Brake Fluid.
It is possible to select the main countries that export or import Hydraulic Brake Fluid in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hydraulic Brake Fluid by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $2.28M
TOP IMPORT POTENTIALFrance+ $782k

Hydraulic Brake Fluid’s highest export potential is China. With an export gap of $2.28M.  Hydraulic Brake Fluid’s highest import potential is France with an import gap of $782k.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Country by Relatedness

The following visualization shows the relatedness of Hydraulic Brake Fluid to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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