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902620 (Harmonized System 1992 for 6-digit)

2022
World Trade $10.4BRnk 378 / 4648
2022
Top Exporter | Top Importer $2.17B | $1.68BGermany | United States
2022
Product Complexity 1.28Rnk 391 / 4653
2021 - 2022
Export Growth (CAGR) 2.75%Rnk 2560 / 4648
2022
Share of World Trade 0.044%Rnk 378 / 4648

About

Overview This page contains the latest trade data of Equipment to measure or check pressure. In 2022, Equipment to measure or check pressure were the world's 378th most traded product, with a total trade of $10.4B. Between 2021 and 2022 the exports of Equipment to measure or check pressure grew by 2.75%, from $10.1B to $10.4B. Trade in Equipment to measure or check pressure represent 0.044% of total world trade.

Equipment to measure or check pressure are a part of Gas and Liquid Flow Measuring Instruments.

Exports In 2022 the top exporters of Equipment to measure or check pressure  were Germany ($2.17B), United States ($1.71B), China ($1.41B), Mexico ($686M), and Switzerland ($562M).

Imports In 2022 the top importers of Equipment to measure or check pressure were United States ($1.68B), Germany ($1.1B), China ($964M), South Korea ($472M), and Mexico ($411M).

Ranking Equipment to measure or check pressure ranks 391st in the Product Complexity Index (PCI).

Description Pressure is a measure of the force applied to an area. Pressure can be measured by determining the force applied to an area, the area over which the force is applied, and the distance between the two. The pressure unit is the pascal in the metric system or the pounds per square inch (psi) in the imperial system. There are many types of equipment for measuring pressure including hydraulic presses, piezometers, manometers, and transducers. Hydraulic presses are often used to measure the pressure at which the fluid will no longer flow. Piezometers are used to measure

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Equipment to measure or check pressure. 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 (2022)Germany$2.17B
Top Destination (2022)United States$1.68B

In 2022 Equipment to measure or check pressure were the world's 378th most traded product (out of 4,648).

In 2022, the top exporters of Equipment to measure or check pressure were Germany ($2.17B), United States ($1.71B), China ($1.41B), Mexico ($686M), and Switzerland ($562M).

In 2022, the top importers of Equipment to measure or check pressure were United States ($1.68B), Germany ($1.1B), China ($964M), South Korea ($472M), and Mexico ($411M).

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Exporters of Equipment to measure or check pressure (2022)
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Importers of Equipment to measure or check pressure (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$162M
Top Destination Growth (2021 -  2022)United States$71.7M

Between 2021 and 2022, the exports of Equipment to measure or check pressure grew the fastest in United States ($162M), Switzerland ($93.7M), Mexico ($42.4M), China ($39.7M), and Malaysia ($36.8M).

Between 2021 and 2022, the fastest growing importers of Equipment to measure or check pressure were United States ($71.7M), Singapore ($65.1M), Mexico ($56.6M), Thailand ($52.4M), and Canada ($37.5M).

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Exporters of Equipment to measure or check pressure (2021 - 2022)

Importers of Equipment to measure or check pressure (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Equipment to measure or check pressure.

In 2022, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Equipment to measure or check pressure are explained by 16 countries.

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Value of Exports in Equipment to measure or check pressure

Net Trade

TOP NET EXPORTER (2022)Germany$1.07B
TOP NET IMPORTER (2022)South Korea$347M

This map shows which countries export or import more of Equipment to measure or check pressure. Each country is colored based on the difference in exports and imports of Equipment to measure or check pressure during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Equipment to measure or check pressure were Germany ($1.07B), China ($448M), Switzerland ($435M), Mexico ($275M), and Malaysia ($180M).

In 2022, the countries that had a largest trade value in imports than in exports of Equipment to measure or check pressure were South Korea ($347M), Canada ($187M), Hong Kong ($142M), Turkey ($141M), and Italy ($131M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Equipment to measure or check pressure.
It is possible to select the main countries that export or import Equipment to measure or check pressure in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Equipment to measure or check pressure 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 (2022)

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