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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)

2022
World Trade $1.1BRnk 923 / 1218
2022
Top Exporter | Top Importer $280M | $75.7MGermany | Germany
2022
Product Complexity 0.35Rnk 441 / 1033
2021 - 2022
Export Growth (CAGR) 17.3%Rnk 236 / 1218
2022
Share of World Trade 0.0046%Rnk 923 / 1218

About

Overview This page contains the latest trade data of Hydraulic Brake Fluid. In 2022, Hydraulic Brake Fluid were the world's 923rd most traded product, with a total trade of $1.1B. Between 2021 and 2022 the exports of Hydraulic Brake Fluid grew by 17.3%, from $934M to $1.1B. Trade in Hydraulic Brake Fluid represent 0.0046% 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 2022 the top exporters of Hydraulic Brake Fluid  were Germany ($280M), United States ($189M), United Kingdom ($105M), Netherlands ($62.1M), and Belgium ($57.7M).

Imports In 2022 the top importers of Hydraulic Brake Fluid were Germany ($75.7M), France ($63.9M), China ($53.1M), Belgium ($51.5M), and United States ($46.5M).

Ranking Hydraulic Brake Fluid ranks 441st in the Product Complexity Index (PCI).

Description -

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 (2022)Germany$280M
Top Destination (2022)Germany$75.7M

In 2022 Hydraulic Brake Fluid were the world's 923rd most traded product (out of 1,218).

In 2022, the top exporters of Hydraulic Brake Fluid were Germany ($280M), United States ($189M), United Kingdom ($105M), Netherlands ($62.1M), and Belgium ($57.7M).

In 2022, the top importers of Hydraulic Brake Fluid were Germany ($75.7M), France ($63.9M), China ($53.1M), Belgium ($51.5M), and United States ($46.5M).

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Exporters of Hydraulic Brake Fluid (2022)
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Importers of Hydraulic Brake Fluid (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$44M
Top Destination Growth (2021 -  2022)Nigeria$22.4M

Between 2021 and 2022, the exports of Hydraulic Brake Fluid grew the fastest in United States ($44M), Netherlands ($38M), Germany ($20M), United Kingdom ($18.2M), and France ($12.4M).

Between 2021 and 2022, the fastest growing importers of Hydraulic Brake Fluid were Nigeria ($22.4M), France ($22.3M), United States ($11.9M), Kenya ($8.63M), and Canada ($8.47M).

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Exporters of Hydraulic Brake Fluid (2021 - 2022)

Importers of Hydraulic Brake Fluid (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Hydraulic Brake Fluid are explained by 15 countries.

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Value of Exports in Hydraulic Brake Fluid

Net Trade

TOP NET EXPORTER (2022)Germany$205M
TOP NET IMPORTER (2022)Canada$42M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hydraulic Brake Fluid were Germany ($205M), United States ($142M), United Kingdom ($71.4M), Switzerland ($46.2M), and Netherlands ($34.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Hydraulic Brake Fluid were Canada ($42M), Nigeria ($33.9M), China ($29.2M), Mexico ($23.9M), and Norway ($15M).

Net Trade (2022)

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 (2022)

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 (2022)

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