Overview: This page contains the latest trade data of Liquid Pumps. In 2019, Liquid Pumps were the world's 40th most traded product, with a total trade of $67.3B. Between 2018 and 2019 the exports of Liquid Pumps decreased by -1.75%, from $68.5B to $67.3B. Trade in Liquid Pumps represent 0.37% of total world trade.
Exports: In 2019 the top exporters of Liquid Pumps were Germany ($11.3B), China ($8.73B), United States ($8.3B), Italy ($4.3B), and Japan ($3.97B).
Imports: In 2019 the top importers of Liquid Pumps were United States ($10.2B), Germany ($5.08B), China ($4.51B), Canada ($2.6B), and Mexico ($2.32B).
Tariffs: In 2018 the average tariff for Liquid Pumps was 5.28%, making it the 776th 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 82nd in the Product Complexity Index (PCI).
Description: Pumps are used to move liquids from one place to another. They can be made from a variety of materials, including plastic, metal, and ceramic.