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842542 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.31BRnk 1365 / 4648
2022
Top Exporter | Top Importer $1.23B | $535MChina | United States
2022
Product Complexity 0.57Rnk 1522 / 4653
2021 - 2022
Export Growth (CAGR) 4.01%Rnk 2376 / 4648
2022
Share of World Trade 0.0098%Rnk 1365 / 4648

About

Overview This page contains the latest trade data of Hydraulic jacks/hoists except for garages. In 2022, Hydraulic jacks/hoists except for garages were the world's 1365th most traded product, with a total trade of $2.31B. Between 2021 and 2022 the exports of Hydraulic jacks/hoists except for garages grew by 4.01%, from $2.22B to $2.31B. Trade in Hydraulic jacks/hoists except for garages represent 0.0098% of total world trade.

Hydraulic jacks/hoists except for garages are a part of Pulley Systems.

Exports In 2022 the top exporters of Hydraulic jacks/hoists except for garages  were China ($1.23B), France ($203M), Germany ($137M), Italy ($126M), and United States ($96.2M).

Imports In 2022 the top importers of Hydraulic jacks/hoists except for garages were United States ($535M), Germany ($209M), France ($128M), Canada ($105M), and United Kingdom ($76.4M).

Ranking Hydraulic jacks/hoists except for garages ranks 1522nd in the Product Complexity Index (PCI).

Description Hydraulic jacks are used to lift cars to help them change tires or for car repairs. Hydraulic jacks are also used to lift heavy objects for the same reasons as a car.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Hydraulic jacks/hoists except for garages. 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)China$1.23B
Top Destination (2022)United States$535M

In 2022 Hydraulic jacks/hoists except for garages were the world's 1365th most traded product (out of 4,648).

In 2022, the top exporters of Hydraulic jacks/hoists except for garages were China ($1.23B), France ($203M), Germany ($137M), Italy ($126M), and United States ($96.2M).

In 2022, the top importers of Hydraulic jacks/hoists except for garages were United States ($535M), Germany ($209M), France ($128M), Canada ($105M), and United Kingdom ($76.4M).

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Exporters of Hydraulic jacks/hoists except for garages (2022)
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Importers of Hydraulic jacks/hoists except for garages (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$72M
Top Destination Growth (2021 -  2022)United States$25.7M

Between 2021 and 2022, the exports of Hydraulic jacks/hoists except for garages grew the fastest in China ($72M), Bosnia and Herzegovina ($6.88M), Germany ($6.72M), Bulgaria ($5.73M), and Chinese Taipei ($5.64M).

Between 2021 and 2022, the fastest growing importers of Hydraulic jacks/hoists except for garages were United States ($25.7M), Indonesia ($23.9M), Canada ($11M), Nigeria ($8.2M), and Denmark ($7.38M).

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Exporters of Hydraulic jacks/hoists except for garages (2021 - 2022)

Importers of Hydraulic jacks/hoists except for garages (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hydraulic jacks/hoists except for garages.

In 2022, market concentration measured using Shannon Entropy, was 3.05. This means that most of the exports of Hydraulic jacks/hoists except for garages are explained by 8 countries.

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Value of Exports in Hydraulic jacks/hoists except for garages

Net Trade

TOP NET EXPORTER (2022)China$1.21B
TOP NET IMPORTER (2022)United States$439M

This map shows which countries export or import more of Hydraulic jacks/hoists except for garages. Each country is colored based on the difference in exports and imports of Hydraulic jacks/hoists except for garages during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hydraulic jacks/hoists except for garages were China ($1.21B), Italy ($84.6M), France ($75.6M), Bulgaria ($34.1M), and Chinese Taipei ($12.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Hydraulic jacks/hoists except for garages were United States ($439M), Canada ($83.5M), Germany ($72.9M), Russia ($66M), and Australia ($63.6M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Hydraulic jacks/hoists except for garages by percentage of total exports

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)

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