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Instruments, apparatus for measuring or checking the flow, level, pressure of liquids, gases (e.g. flow meters, heat meters etc), not instruments and apparatus of heading no. 9014, 9015, 9028 or 9032

9026 (Harmonized System 1992 for 4-digit)

2022
World Trade $25.5BRnk 178 / 1218
2022
Top Exporter | Top Importer $4.81B | $3.96BGermany | United States
2022
Product Complexity 1.11Rnk 134 / 1033
2021 - 2022
Export Growth (CAGR) 1.86%Rnk 768 / 1218
2022
Share of World Trade 0.11%Rnk 178 / 1218

About

Overview This page contains the latest trade data of Gas and Liquid Flow Measuring Instruments. In 2022, Gas and Liquid Flow Measuring Instruments were the world's 178th most traded product, with a total trade of $25.5B. Between 2021 and 2022 the exports of Gas and Liquid Flow Measuring Instruments grew by 1.86%, from $25.1B to $25.5B. Trade in Gas and Liquid Flow Measuring Instruments represent 0.11% of total world trade.

Gas and Liquid Flow Measuring Instruments are a part of Optical, photo, & film equipment; medical instruments. They include Equipment to measure or check pressure, Equipment to measure or check liquid flow or level, Parts of equipment to measure or check fluid variable, and Equipment to measure, check gas/liquid properties nes.

Exports In 2022 the top exporters of Gas and Liquid Flow Measuring Instruments  were Germany ($4.81B), United States ($3.92B), China ($3.03B), Japan ($1.44B), and Switzerland ($1.42B).

Imports In 2022 the top importers of Gas and Liquid Flow Measuring Instruments were United States ($3.96B), China ($2.45B), Germany ($2.28B), Mexico ($1.02B), and United Kingdom ($933M).

Ranking Gas and Liquid Flow Measuring Instruments ranks 134th in the Product Complexity Index (PCI).

Description Flow meters are used to measure the flow of liquids or gases. They can be made from a variety of materials, including metal, plastic, and glass.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Gas and Liquid Flow Measuring Instruments. 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$4.81B
Top Destination (2022)United States$3.96B

In 2022 Gas and Liquid Flow Measuring Instruments were the world's 178th most traded product (out of 1,218).

In 2022, the top exporters of Gas and Liquid Flow Measuring Instruments were Germany ($4.81B), United States ($3.92B), China ($3.03B), Japan ($1.44B), and Switzerland ($1.42B).

In 2022, the top importers of Gas and Liquid Flow Measuring Instruments were United States ($3.96B), China ($2.45B), Germany ($2.28B), Mexico ($1.02B), and United Kingdom ($933M).

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Exporters of Gas and Liquid Flow Measuring Instruments (2022)
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Importers of Gas and Liquid Flow Measuring Instruments (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$418M
Top Destination Growth (2021 -  2022)United States$331M

Between 2021 and 2022, the exports of Gas and Liquid Flow Measuring Instruments grew the fastest in United States ($418M), China ($167M), Mexico ($130M), Switzerland ($114M), and Canada ($62.2M).

Between 2021 and 2022, the fastest growing importers of Gas and Liquid Flow Measuring Instruments were United States ($331M), Mexico ($174M), Canada ($95.2M), Thailand ($64.6M), and Brazil ($62.1M).

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Exporters of Gas and Liquid Flow Measuring Instruments (2021 - 2022)

Importers of Gas and Liquid Flow Measuring Instruments (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Gas and Liquid Flow Measuring Instruments.

In 2022, market concentration measured using Shannon Entropy, was 4.25. This means that most of the exports of Gas and Liquid Flow Measuring Instruments are explained by 19 countries.

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Value of Exports in Gas and Liquid Flow Measuring Instruments

Net Trade

TOP NET EXPORTER (2022)Germany$2.53B
TOP NET IMPORTER (2022)South Korea$579M

This map shows which countries export or import more of Gas and Liquid Flow Measuring Instruments. Each country is colored based on the difference in exports and imports of Gas and Liquid Flow Measuring Instruments during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Gas and Liquid Flow Measuring Instruments were Germany ($2.53B), Switzerland ($1.06B), Japan ($745M), China ($589M), and United Kingdom ($301M).

In 2022, the countries that had a largest trade value in imports than in exports of Gas and Liquid Flow Measuring Instruments were South Korea ($579M), Canada ($392M), Hong Kong ($368M), Brazil ($328M), and Turkey ($255M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Gas and Liquid Flow Measuring Instruments, disaggragated by their HS6 level were Equipment to measure or check pressure ($10.4B), Equipment to measure or check liquid... ($6.18B), Parts of equipment to measure or... ($5.19B), and Equipment to measure, check gas/liquid properties... ($3.79B)

HS6 Disaggregation for Gas and Liquid Flow Measuring Instruments (2022)
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Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Gas and Liquid Flow Measuring Instruments.
It is possible to select the main countries that export or import Gas and Liquid Flow Measuring Instruments in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Gas and Liquid Flow Measuring Instruments by percentage of total exports

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $60.1M
TOP IMPORT POTENTIALChina+ $29.6M

Gas and Liquid Flow Measuring Instruments’s highest export potential is United States. With an export gap of $60.1M.  Gas and Liquid Flow Measuring Instruments’s highest import potential is China with an import gap of $29.6M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Gas and Liquid Flow Measuring Instruments.

Country by Relatedness

The following visualization shows the relatedness of Gas and Liquid Flow Measuring Instruments to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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