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903281 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.56BRnk 1212 / 4644
2023
Top Exporter | Top Importer $1.2B | $317MGermany | China
2023
Product Complexity 1.25Rnk 395 / 4656
2022 - 2023
Export Growth (CAGR) 9.68%Rnk 699 / 4644
2023
Share of World Trade 0.011%Rnk 1212 / 4644

About

Overview This page contains the latest trade data of Hydraulic and pneumatic automatic controls. In 2023, Hydraulic and pneumatic automatic controls were the world's 1212th most traded product, with a total trade of $2.56B. Between 2022 and 2023 the exports of Hydraulic and pneumatic automatic controls grew by 9.68%, from $2.33B to $2.56B. Trade in Hydraulic and pneumatic automatic controls represent 0.011% of total world trade.

Hydraulic and pneumatic automatic controls are a part of Thermostats.

Exports In 2023 the top exporters of Hydraulic and pneumatic automatic controls  were Germany ($1.2B), France ($367M), United States ($208M), China ($197M), and Japan ($81.4M).

Imports In 2023 the top importers of Hydraulic and pneumatic automatic controls were China ($317M), Spain ($283M), Germany ($236M), Italy ($188M), and Turkey ($165M).

Ranking Hydraulic and pneumatic automatic controls ranks 395th in the Product Complexity Index (PCI).

Description One common use of hydraulic automatic controls is in the suspension of a car. It uses a hydraulic system that transfers fluid to the tires, which in turn causes the car to move up and down. Another common use of hydraulic automatic controls is in hydraulic brakes. This system transfers high pressure fluid to each wheel, which in turn causes the brake to clamp down on the wheel. This stops the car or slows it down.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hydraulic and pneumatic automatic controls. 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)Germany$1.2B
Top Destination (2023)China$317M

In 2023 Hydraulic and pneumatic automatic controls were the world's 1212th most traded product (out of 4,644).

In 2023, the top exporters of Hydraulic and pneumatic automatic controls were Germany ($1.2B), France ($367M), United States ($208M), China ($197M), and Japan ($81.4M).

In 2023, the top importers of Hydraulic and pneumatic automatic controls were China ($317M), Spain ($283M), Germany ($236M), Italy ($188M), and Turkey ($165M).

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Exporters of Hydraulic and pneumatic automatic controls (2023)
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Importers of Hydraulic and pneumatic automatic controls (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$133M
Top Destination Growth (2022 -  2023)Italy$49.5M

Between 2022 and 2023, the exports of Hydraulic and pneumatic automatic controls grew the fastest in Germany ($133M), France ($73.3M), United States ($22.2M), United Kingdom ($12.5M), and Thailand ($9.95M).

Between 2022 and 2023, the fastest growing importers of Hydraulic and pneumatic automatic controls were Italy ($49.5M), Spain ($43.8M), Turkey ($32.3M), Slovakia ($23.5M), and United Kingdom ($21.7M).

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Exporters of Hydraulic and pneumatic automatic controls (2022 - 2023)

Importers of Hydraulic and pneumatic automatic controls (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hydraulic and pneumatic automatic controls.

In 2023, market concentration measured using Shannon Entropy, was 3.03. This means that most of the exports of Hydraulic and pneumatic automatic controls are explained by 8 countries.

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Value of Exports in Hydraulic and pneumatic automatic controls

Net Trade

TOP NET EXPORTER (2023)Germany$960M
TOP NET IMPORTER (2023)Spain$275M

This map shows which countries export or import more of Hydraulic and pneumatic automatic controls. Each country is colored based on the difference in exports and imports of Hydraulic and pneumatic automatic controls during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hydraulic and pneumatic automatic controls were Germany ($960M), France ($264M), United States ($44.6M), Tunisia ($22.5M), and Japan ($15.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Hydraulic and pneumatic automatic controls were Spain ($275M), Turkey ($160M), Italy ($141M), China ($120M), and Slovakia ($66.7M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Hydraulic and pneumatic automatic controls 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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