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2022
Exports $12.2BWorld Rnk 1 / 221
Flag Rnk 63 / 1216
2022
Destination $240M United States
2021 - 2022
FASTEST GROWING MARKET $240MUnited States
2022
PRODUCT COMPLEXITY IN Liquid Pumps1.19Rnk 105 / 1025
2022
Imports $4.29BWorld Rnk 3 / 225
Flag Rnk 83 / 1212
2022
Origin $28.4M Germany
2021 - 2022
FASTEST GROWING ORIGIN $28.4MMexico
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $12.2B in Liquid Pumps, making it the 1st largest exporter of Liquid Pumps in the world. At the same year, Liquid Pumps was the 63rd most exported product in China. The main destination of Liquid Pumps exports from China are: United States ($2.19B), Russia ($601M), Mexico ($525M), Japan ($518M), and Germany ($491M).

The fastest growing export markets for Liquid Pumps of China between 2021 and 2022 were United States ($240M), Russia ($162M), and Canada ($51.5M).

Imports In 2022, China imported $4.29B in Liquid Pumps, becoming the 3rd largest importer of Liquid Pumps in the world. At the same year, Liquid Pumps was the 83rd most imported product in China. China imports Liquid Pumps primarily from: Germany ($1.16B), Japan ($809M), United States ($548M), South Korea ($191M), and Italy ($180M).

The fastest growing import markets in Liquid Pumps for China between 2021 and 2022 were Mexico ($28.4M), United Kingdom ($6.59M), and Hong Kong ($5.17M).

COMPANIES In 2023, leading companies such as Danfoss (92), CrimsonLogic (66), and StarTech (52) were at the forefront of shipping Liquid Pumps from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Liquid Pumps exports accounted up to $1.15B and imports accounted up to $358M, resulting in a positive trade balance of $789M. Between October 2023 and October 2024 the exports of China's   Liquid Pumps have increased by $245M (27.2%) from $901M to $1.15B, while imports decreased by $-37.7M (-9.54%) from $395M to $358M.

Destinations In October 2024, Liquid Pumps were exported mostly to United States ($148M), Russia ($111M), Mexico ($46.8M), Indonesia ($42.2M), and Japan ($41.3M), and were imported mostly from Germany ($95.2M), Japan ($64.6M), United States ($41.9M), Italy ($21.9M), and United Kingdom ($17.5M).

Growth In October 2024, the increase in Liquid Pumps's year-by-year exports was explained primarily by an increase in exports to Russia ($28.7M or 53.5%), Algeria ($9.99M or 136%), and Turkey ($5.47M or 31.3%). In October 2024, the decrease in Liquid Pumps's year-by-year imports was explained primarily by a decrease in imports from United States ($-165M or -79.1%), Japan ($-45.9M or -49%), and Italy ($-17.7M or -46.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$245M(27.2%)
IMPORT GROWTH (October 2023 - October 2024)$-37.7M(-9.54%)
MAIN EXPORTER (October 2024)Zhejiang Province$473M
MAIN DESTINATION (October 2024)United States$148M

This section shows Liquid Pumps's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Liquid Pumps over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.2B
IMPORTS (2022)$4.29B
NET TRADE (2022)$7.93B

In 2022, China exported $12.2B in Liquid Pumps. The main destinations of China exports on Liquid Pumps were United States ($2.19B), Russia ($601M), Mexico ($525M), Japan ($518M), and Germany ($491M).

In 2022, China imported $4.29B in Liquid Pumps, mainly from Germany ($1.16B), Japan ($809M), United States ($548M), South Korea ($191M), and Italy ($180M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Pumps EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$240M (12.3%)
Russia$162M (37.1%)
Canada$51.5M (22.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Pumps BY China WERE (2021 - 2022):
Hong Kong-$68.2M (-39.6%)
Bangladesh-$66.5M (-30.8%)
Thailand-$42.7M (-13.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Liquid Pumps were:
Germany $11B
United States $8.25B
In 2022, China's main importing competitors in Liquid Pumps were:
United States $11.7B
Germany $5.33B

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Trade Value of Liquid Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $351M
TOP IMPORT POTENTIALUnited States+ $162M

Liquid Pumps’s highest export potential is United States. With an export gap of $351M.   Liquid Pumps’s highest import potential is United States with an import gap of $162M.

See methodology.

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