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841290 (Harmonized System 1992 for 6-digit)

2023
World Trade $9.41BRnk 391 / 4644
2023
Top Exporter | Top Importer $2.35B | $1.83BChina | United States
2023
Product Complexity 0.71Rnk 1256 / 4656
2022 - 2023
Export Growth (CAGR) -8.35%Rnk 2521 / 4644
2023
Share of World Trade 0.042%Rnk 391 / 4644

About

Overview This page contains the latest trade data of Parts of hydraulic/pneumatic/other power engines. In 2023, Parts of hydraulic/pneumatic/other power engines were the world's 391st most traded product, with a total trade of $9.41B. Between 2022 and 2023 the exports of Parts of hydraulic/pneumatic/other power engines decreased by -8.35%, from $10.3B to $9.41B. Trade in Parts of hydraulic/pneumatic/other power engines represent 0.042% of total world trade.

Parts of hydraulic/pneumatic/other power engines are a part of Other Engines.

Exports In 2023 the top exporters of Parts of hydraulic/pneumatic/other power engines  were China ($2.35B), United States ($803M), Germany ($746M), India ($699M), and Turkey ($550M).

Imports In 2023 the top importers of Parts of hydraulic/pneumatic/other power engines were United States ($1.83B), Germany ($1.07B), France ($569M), United Kingdom ($444M), and Sweden ($364M).

Ranking Parts of hydraulic/pneumatic/other power engines ranks 1256th in the Product Complexity Index (PCI).

Description Hydraulic engines are used to power heavy equipment such as cranes. Pneumatic engines are used to power the pneumatic tools, such as nail guns. Other power engines are used to power printers and other small equipment.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of hydraulic/pneumatic/other power engines. 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)China$2.35B
Top Destination (2023)United States$1.83B

In 2023 Parts of hydraulic/pneumatic/other power engines were the world's 391st most traded product (out of 4,644).

In 2023, the top exporters of Parts of hydraulic/pneumatic/other power engines were China ($2.35B), United States ($803M), Germany ($746M), India ($699M), and Turkey ($550M).

In 2023, the top importers of Parts of hydraulic/pneumatic/other power engines were United States ($1.83B), Germany ($1.07B), France ($569M), United Kingdom ($444M), and Sweden ($364M).

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Exporters of Parts of hydraulic/pneumatic/other power engines (2023)
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Importers of Parts of hydraulic/pneumatic/other power engines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$123M
Top Destination Growth (2022 -  2023)United Kingdom$178M

Between 2022 and 2023, the exports of Parts of hydraulic/pneumatic/other power engines grew the fastest in United States ($123M), Portugal ($102M), United Kingdom ($56.4M), France ($35.6M), and Germany ($30M).

Between 2022 and 2023, the fastest growing importers of Parts of hydraulic/pneumatic/other power engines were United Kingdom ($178M), Saudi Arabia ($55.8M), Peru ($39.6M), Turkey ($36.9M), and United Arab Emirates ($36.9M).

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Exporters of Parts of hydraulic/pneumatic/other power engines (2022 - 2023)

Importers of Parts of hydraulic/pneumatic/other power engines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of hydraulic/pneumatic/other power engines.

In 2023, market concentration measured using Shannon Entropy, was 4.19. This means that most of the exports of Parts of hydraulic/pneumatic/other power engines are explained by 18 countries.

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Value of Exports in Parts of hydraulic/pneumatic/other power engines

Net Trade

TOP NET EXPORTER (2023)China$2.02B
TOP NET IMPORTER (2023)United States$1.03B

This map shows which countries export or import more of Parts of hydraulic/pneumatic/other power engines. Each country is colored based on the difference in exports and imports of Parts of hydraulic/pneumatic/other power engines during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts of hydraulic/pneumatic/other power engines were China ($2.02B), India ($529M), Turkey ($476M), Spain ($300M), and Denmark ($293M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of hydraulic/pneumatic/other power engines were United States ($1.03B), France ($405M), Germany ($323M), Finland ($279M), and Australia ($262M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Parts of hydraulic/pneumatic/other power engines 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 (2023)

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