HS Icon Hydrometers

Hydrometers and similar floating instruments, thermometers, pyrometers, barometers, hygrometers and psychrometers, recording or not

9025 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Hydrometers. In 2021, Hydrometers were the world's 410th most traded product, with a total trade of $8.06B. Between 2020 and 2021 the exports of Hydrometers decreased by -8.69%, from $8.83B to $8.06B. Trade in Hydrometers represent 0.00038% of total world trade.

Hydrometers are a part of Optical, photo, & film equipment; medical instruments. They include Thermometers, except liquid filled, Parts and accessories for thermometers, etc, Hydrometer, pyrometer, hygrometer, alone or combined, Thermometers, liquid-filled, and Barometers.

Exports In 2021 the top exporters of Hydrometers  were China ($2.05B), Germany ($1.04B), United States ($842M), Netherlands ($322M), and Mexico ($295M).

Imports In 2021 the top importers of Hydrometers were United States ($1.26B), Germany ($849M), China ($569M), Japan ($349M), and Netherlands ($326M).

Tariffs In 2018 the average tariff for Hydrometers was 4.31%, making it the 956th lowest tariff using the HS4 product classification.

Ranking Hydrometers ranks 234th in the Product Complexity Index (PCI).

Description Hydrometers, areometers and similar floating instruments are used to measure the density of liquids. Thermometers are used to measure temperature. Pyrometers and barometers are used to measure air pressure. Hygrometers and psychrometers are used to measure humidity.

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Y-AXIS SCALE

The following visualization shows the latest trends on Hydrometers. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $2.05B

Top Destination (2021): United States, $1.26B

Hydrometers are the world's 410th most traded product.

In 2021, the top exporters of Hydrometers were China ($2.05B), Germany ($1.04B), United States ($842M), Netherlands ($322M), and Mexico ($295M).

In 2021, the top importers of Hydrometers were United States ($1.26B), Germany ($849M), China ($569M), Japan ($349M), and Netherlands ($326M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Bulgaria, $126M

Top Destination Growth (2020 -  2021): Germany, $214M

Between 2020 and 2021, the exports of Hydrometers grew the fastest in Bulgaria ($126M), Germany ($122M), Vietnam ($59.6M), Poland ($50.4M), and Netherlands ($46.6M).

Between 2020 and 2021, the fastest growing importers of Hydrometers were Germany ($214M), Iceland ($42.4M), Poland ($28M), France ($24.5M), and Netherlands ($21.2M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Hydrometers.

In 2021, market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Hydrometers are explained by 19 countries.

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TOP NET EXPORTER (2021): China, $1.48B

TOP NET IMPORTER (2021): United States, $417M

This map shows which countries export or import more of Hydrometers. Each country is colored based on the difference in exports and imports of Hydrometers during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Hydrometers were China ($1.48B), Bulgaria ($204M), Germany ($189M), Mexico ($122M), and Finland ($95.4M).

In 2021, the countries that had a largest trade value in imports than in exports of Hydrometers were United States ($417M), Hong Kong ($183M), South Korea ($150M), France ($115M), and Canada ($115M).

Disaggregation

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Value

In 2021, the world most traded Hydrometers, disaggragated by their HS6 level were Thermometers, except liquid filled ($4.62B), Parts and accessories for thermometers, etc ($1.66B), Hydrometer, pyrometer, hygrometer, alone or combined ($1.57B), and Thermometers, liquid-filled ($212M)

Country Comparison

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Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Hydrometers to countries. Higher relatedness values ‚Äč‚Äčindicate greater knowledge, which predicts a greater probability of exporting that product in the future.