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841480 (Harmonized System 1992 for 6-digit)

2023
World Trade $24.9BRnk 125 / 4644
2023
Top Exporter | Top Importer $4.48B | $3.67BChina | United States
2023
Product Complexity 1.34Rnk 289 / 4656
2022 - 2023
Export Growth (CAGR) 6.72%Rnk 890 / 4644
2023
Share of World Trade 0.11%Rnk 125 / 4644

About

Overview This page contains the latest trade data of Air or gas compressors, hoods. In 2023, Air or gas compressors, hoods were the world's 125th most traded product, with a total trade of $24.9B. Between 2022 and 2023 the exports of Air or gas compressors, hoods grew by 6.72%, from $23.3B to $24.9B. Trade in Air or gas compressors, hoods represent 0.11% of total world trade.

Air or gas compressors, hoods are a part of Air Pumps.

Exports In 2023 the top exporters of Air or gas compressors, hoods  were China ($4.48B), Germany ($3B), United States ($2.68B), Mexico ($1.5B), and Belgium ($1.22B).

Imports In 2023 the top importers of Air or gas compressors, hoods were United States ($3.67B), Germany ($1.76B), China ($1.3B), United Kingdom ($1.11B), and Mexico ($994M).

Ranking Air or gas compressors, hoods ranks 289th in the Product Complexity Index (PCI).

Description Air or gas compressors are used to pump air or gas into an area where it is needed. A hood is a device that is used to remove air pollutants or other contaminants from an area.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Air or gas compressors, hoods. 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)China$4.48B
Top Destination (2023)United States$3.67B

In 2023 Air or gas compressors, hoods were the world's 125th most traded product (out of 4,644).

In 2023, the top exporters of Air or gas compressors, hoods were China ($4.48B), Germany ($3B), United States ($2.68B), Mexico ($1.5B), and Belgium ($1.22B).

In 2023, the top importers of Air or gas compressors, hoods were United States ($3.67B), Germany ($1.76B), China ($1.3B), United Kingdom ($1.11B), and Mexico ($994M).

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Exporters of Air or gas compressors, hoods (2023)
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Importers of Air or gas compressors, hoods (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$305M
Top Destination Growth (2022 -  2023)Singapore$389M

Between 2022 and 2023, the exports of Air or gas compressors, hoods grew the fastest in United States ($305M), Thailand ($263M), Mexico ($240M), Germany ($205M), and Belgium ($203M).

Between 2022 and 2023, the fastest growing importers of Air or gas compressors, hoods were Singapore ($389M), United States ($328M), Poland ($177M), Indonesia ($148M), and Mexico ($110M).

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Exporters of Air or gas compressors, hoods (2022 - 2023)

Importers of Air or gas compressors, hoods (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Air or gas compressors, hoods.

In 2023, market concentration measured using Shannon Entropy, was 4.36. This means that most of the exports of Air or gas compressors, hoods are explained by 20 countries.

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Value of Exports in Air or gas compressors, hoods

Net Trade

TOP NET EXPORTER (2023)China$3.18B
TOP NET IMPORTER (2023)United States$996M

This map shows which countries export or import more of Air or gas compressors, hoods. Each country is colored based on the difference in exports and imports of Air or gas compressors, hoods during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Air or gas compressors, hoods were China ($3.18B), Germany ($1.25B), Belgium ($816M), Mexico ($509M), and Italy ($501M).

In 2023, the countries that had a largest trade value in imports than in exports of Air or gas compressors, hoods were United States ($996M), Singapore ($522M), Russia ($479M), India ($439M), and Sweden ($419M).

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 Air or gas compressors, hoods.
It is possible to select the main countries that export or import Air or gas compressors, hoods in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Air or gas compressors, hoods 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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