Overview: In 2018, Liquid Pumps were the world's 39th most traded product, with a total trade of $67.6B. Between 2017 and 2018 the exports of Liquid Pumps grew by 8.06%, from $62.5B to $67.6B. Trade in Liquid Pumps represent 0.37% of total world trade.
Exports: In 2018 the top exporters of Liquid Pumps were Germany ($11.7B), China ($8.55B), United States ($7.84B), Italy ($4.55B), and Japan ($4.05B).
Imports: In 2018 the top importers of Liquid Pumps were United States ($10.5B), Germany ($5.35B), China ($4.58B), France ($2.38B), and United Kingdom ($2.33B).
Tariffs: In 2018 the average tariff for Liquid Pumps was 5.28%, been the 776 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Liquid Pumps are Bahamas (32.9%), Bermuda (25.8%), Maldives (25.3%), Iran (19.1%), and Pakistan (17.2%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Armenia (0%), and Hong Kong (0%).
Ranking: Liquid Pumps ranks 72nd in the Product Complexity Index (PCI).