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848120 (Harmonized System 1992 for 6-digit)

2023
World Trade $14.1BRnk 258 / 4644
2023
Top Exporter | Top Importer $3.27B | $2.08BGermany | United States
2023
Product Complexity 1.4Rnk 247 / 4656
2022 - 2023
Export Growth (CAGR) 4.55%Rnk 1077 / 4644
2023
Share of World Trade 0.062%Rnk 258 / 4644

About

Overview This page contains the latest trade data of Valves for oleohydraulic or pneumatic transmissions. In 2023, Valves for oleohydraulic or pneumatic transmissions were the world's 258th most traded product, with a total trade of $14.1B. Between 2022 and 2023 the exports of Valves for oleohydraulic or pneumatic transmissions grew by 4.55%, from $13.4B to $14.1B. Trade in Valves for oleohydraulic or pneumatic transmissions represent 0.062% of total world trade.

Valves for oleohydraulic or pneumatic transmissions are a part of Valves.

Exports In 2023 the top exporters of Valves for oleohydraulic or pneumatic transmissions  were Germany ($3.27B), United States ($1.68B), Japan ($1.39B), Italy ($1.15B), and Mexico ($814M).

Imports In 2023 the top importers of Valves for oleohydraulic or pneumatic transmissions were United States ($2.08B), China ($1.73B), Germany ($1.63B), France ($665M), and Italy ($638M).

Ranking Valves for oleohydraulic or pneumatic transmissions ranks 247th in the Product Complexity Index (PCI).

Description Valves are used within an oleohydraulic or pneumatic transmission to control the release of power to the clutch or the brake. A transmission consists of a hydraulic or pneumatic clutch or brake, a valve, and a flexible line. One end of the flexible line is attached to the valve and the other end is attached to the clutch or brake. The valve controls the flow of hydraulic or pneumatic pressure from the pump or accumulator to the clutch or brake.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Valves for oleohydraulic or pneumatic transmissions. 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)Germany$3.27B
Top Destination (2023)United States$2.08B

In 2023 Valves for oleohydraulic or pneumatic transmissions were the world's 258th most traded product (out of 4,644).

In 2023, the top exporters of Valves for oleohydraulic or pneumatic transmissions were Germany ($3.27B), United States ($1.68B), Japan ($1.39B), Italy ($1.15B), and Mexico ($814M).

In 2023, the top importers of Valves for oleohydraulic or pneumatic transmissions were United States ($2.08B), China ($1.73B), Germany ($1.63B), France ($665M), and Italy ($638M).

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Exporters of Valves for oleohydraulic or pneumatic transmissions (2023)
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Importers of Valves for oleohydraulic or pneumatic transmissions (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$167M
Top Destination Growth (2022 -  2023)Germany$116M

Between 2022 and 2023, the exports of Valves for oleohydraulic or pneumatic transmissions grew the fastest in United States ($167M), Germany ($135M), Mexico ($128M), Italy ($55.9M), and Poland ($47.6M).

Between 2022 and 2023, the fastest growing importers of Valves for oleohydraulic or pneumatic transmissions were Germany ($116M), United States ($91.6M), France ($77.6M), Turkey ($75.6M), and Italy ($53.5M).

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Exporters of Valves for oleohydraulic or pneumatic transmissions (2022 - 2023)

Importers of Valves for oleohydraulic or pneumatic transmissions (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Valves for oleohydraulic or pneumatic transmissions.

In 2023, market concentration measured using Shannon Entropy, was 4.14. This means that most of the exports of Valves for oleohydraulic or pneumatic transmissions are explained by 17 countries.

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Value of Exports in Valves for oleohydraulic or pneumatic transmissions

Net Trade

TOP NET EXPORTER (2023)Germany$1.64B
TOP NET IMPORTER (2023)China$1.09B

This map shows which countries export or import more of Valves for oleohydraulic or pneumatic transmissions. Each country is colored based on the difference in exports and imports of Valves for oleohydraulic or pneumatic transmissions during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Valves for oleohydraulic or pneumatic transmissions were Germany ($1.64B), Japan ($1.14B), Italy ($516M), Mexico ($297M), and Poland ($292M).

In 2023, the countries that had a largest trade value in imports than in exports of Valves for oleohydraulic or pneumatic transmissions were China ($1.09B), United States ($406M), Canada ($328M), Brazil ($297M), and France ($259M).

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 Valves for oleohydraulic or pneumatic transmissions.
It is possible to select the main countries that export or import Valves for oleohydraulic or pneumatic transmissions in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Valves for oleohydraulic or pneumatic transmissions 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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