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841391 (Harmonized System 1992 for 6-digit)

2023
World Trade $18.4BRnk 178 / 4644
2023
Top Exporter | Top Importer $3.21B | $3.39BChina | United States
2023
Product Complexity 1.21Rnk 459 / 4656
2022 - 2023
Export Growth (CAGR) 1.44%Rnk 1395 / 4644
2023
Share of World Trade 0.081%Rnk 178 / 4644

About

Overview This page contains the latest trade data of Parts of pumps for liquids. In 2023, Parts of pumps for liquids were the world's 178th most traded product, with a total trade of $18.4B. Between 2022 and 2023 the exports of Parts of pumps for liquids grew by 1.44%, from $18.1B to $18.4B. Trade in Parts of pumps for liquids represent 0.081% of total world trade.

Parts of pumps for liquids are a part of Liquid Pumps.

Exports In 2023 the top exporters of Parts of pumps for liquids  were China ($3.21B), Germany ($2.57B), United States ($2.31B), Italy ($1.05B), and Japan ($937M).

Imports In 2023 the top importers of Parts of pumps for liquids were United States ($3.39B), Germany ($1.36B), Canada ($900M), China ($818M), and Mexico ($732M).

Ranking Parts of pumps for liquids ranks 459th in the Product Complexity Index (PCI).

Description A pump is a device that moves liquids and gasses through a pipe by sucking the liquid or gas from one place and pushing it to another. There are two commonly used types of pumps: centrifugal and positive displacement.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of pumps for liquids. 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$3.21B
Top Destination (2023)United States$3.39B

In 2023 Parts of pumps for liquids were the world's 178th most traded product (out of 4,644).

In 2023, the top exporters of Parts of pumps for liquids were China ($3.21B), Germany ($2.57B), United States ($2.31B), Italy ($1.05B), and Japan ($937M).

In 2023, the top importers of Parts of pumps for liquids were United States ($3.39B), Germany ($1.36B), Canada ($900M), China ($818M), and Mexico ($732M).

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Exporters of Parts of pumps for liquids (2023)
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Importers of Parts of pumps for liquids (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$213M
Top Destination Growth (2022 -  2023)Czechia$89.9M

Between 2022 and 2023, the exports of Parts of pumps for liquids grew the fastest in United States ($213M), Germany ($155M), Netherlands ($47.2M), Belgium ($37M), and Russia ($36.1M).

Between 2022 and 2023, the fastest growing importers of Parts of pumps for liquids were Czechia ($89.9M), Saudi Arabia ($65.5M), Canada ($54M), United Arab Emirates ($36.7M), and Russia ($34M).

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Exporters of Parts of pumps for liquids (2022 - 2023)

Importers of Parts of pumps for liquids (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of pumps for liquids.

In 2023, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Parts of pumps for liquids are explained by 21 countries.

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Value of Exports in Parts of pumps for liquids

Net Trade

TOP NET EXPORTER (2023)China$2.4B
TOP NET IMPORTER (2023)United States$1.09B

This map shows which countries export or import more of Parts of pumps for liquids. Each country is colored based on the difference in exports and imports of Parts of pumps for liquids during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts of pumps for liquids were China ($2.4B), Germany ($1.21B), India ($459M), Italy ($447M), and Japan ($431M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of pumps for liquids were United States ($1.09B), Canada ($494M), Mexico ($316M), Saudi Arabia ($259M), and United Arab Emirates ($220M).

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 Parts of pumps for liquids.
It is possible to select the main countries that export or import Parts of pumps for liquids in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts of pumps for liquids 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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