Overview This page contains the latest trade data of Valves. In 2021, Valves were the world's 28th most traded product, with a total trade of $102B. Between 2020 and 2021 the exports of Valves grew by 17.3%, from $86.7B to $102B. Trade in Valves represent 0.0048% of total world trade.
Valves are a part of Machinery, mechanical appliances, & parts. They include Taps, cocks, valves and similar appliances, nes, Parts of taps, cocks, valves or similar appliances, Valves for oleohydraulic or pneumatic transmissions, Valves, safety or relief, Valves, pressure reducing, and Valves, check.
Exports In 2021 the top exporters of Valves were China ($20.8B), Germany ($15.3B), United States ($11.1B), Italy ($8.95B), and Japan ($5.66B).
Imports In 2021 the top importers of Valves were United States ($15.1B), China ($8.6B), Germany ($7.89B), France ($3.9B), and United Kingdom ($3.41B).
Tariffs In 2018 the average tariff for Valves was 6.08%, making it the 698th lowest tariff using the HS4 product classification.
Ranking Valves ranks 84th in the Product Complexity Index (PCI).
Description Taps, cocks, valves and similar appliances for pipes are used to control the flow of water or other liquids. They can be made from a variety of materials, including steel, brass, copper, and plastic.