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841229 (Harmonized System 1992 for 6-digit)

2022
World Trade $4.81BRnk 789 / 4648
2022
Top Exporter | Top Importer $686M | $808MGermany | United States
2022
Product Complexity 1.11Rnk 622 / 4653
2021 - 2022
Export Growth (CAGR) -1.37%Rnk 3177 / 4648
2022
Share of World Trade 0.02%Rnk 789 / 4648

About

Overview This page contains the latest trade data of Hydraulic power engines/motors, except linear acting. In 2022, Hydraulic power engines/motors, except linear acting were the world's 789th most traded product, with a total trade of $4.81B. Between 2021 and 2022 the exports of Hydraulic power engines/motors, except linear acting decreased by -1.37%, from $4.88B to $4.81B. Trade in Hydraulic power engines/motors, except linear acting represent 0.02% of total world trade.

Hydraulic power engines/motors, except linear acting are a part of Other Engines.

Exports In 2022 the top exporters of Hydraulic power engines/motors, except linear acting  were Germany ($686M), United States ($587M), China ($469M), Japan ($427M), and United Kingdom ($350M).

Imports In 2022 the top importers of Hydraulic power engines/motors, except linear acting were United States ($808M), Germany ($474M), China ($383M), Canada ($250M), and Italy ($200M).

Ranking Hydraulic power engines/motors, except linear acting ranks 622nd in the Product Complexity Index (PCI).

Description A hydraulic power engine/motor is a machine that converts the energy of pressurized oil to rotary motion. It is typically used to power various types of equipment. This includes vehicles such as forklifts, heavy trucks, buses, and railcars. It is also used in construction equipment such as bulldozers, excavators, and loaders. It is also used in various types of pumps and compressors.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hydraulic power engines/motors, except linear acting. 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$686M
Top Destination (2022)United States$808M

In 2022 Hydraulic power engines/motors, except linear acting were the world's 789th most traded product (out of 4,648).

In 2022, the top exporters of Hydraulic power engines/motors, except linear acting were Germany ($686M), United States ($587M), China ($469M), Japan ($427M), and United Kingdom ($350M).

In 2022, the top importers of Hydraulic power engines/motors, except linear acting were United States ($808M), Germany ($474M), China ($383M), Canada ($250M), and Italy ($200M).

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Exporters of Hydraulic power engines/motors, except linear acting (2022)
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Importers of Hydraulic power engines/motors, except linear acting (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$118M
Top Destination Growth (2021 -  2022)United States$72M

Between 2021 and 2022, the exports of Hydraulic power engines/motors, except linear acting grew the fastest in China ($118M), United States ($109M), India ($40.3M), Italy ($39.8M), and Philippines ($25.5M).

Between 2021 and 2022, the fastest growing importers of Hydraulic power engines/motors, except linear acting were United States ($72M), Germany ($46M), Italy ($34.6M), France ($30.6M), and Canada ($28.3M).

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Exporters of Hydraulic power engines/motors, except linear acting (2021 - 2022)

Importers of Hydraulic power engines/motors, except linear acting (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hydraulic power engines/motors, except linear acting.

In 2022, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Hydraulic power engines/motors, except linear acting are explained by 21 countries.

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Value of Exports in Hydraulic power engines/motors, except linear acting

Net Trade

TOP NET EXPORTER (2022)Japan$334M
TOP NET IMPORTER (2022)United States$222M

This map shows which countries export or import more of Hydraulic power engines/motors, except linear acting. Each country is colored based on the difference in exports and imports of Hydraulic power engines/motors, except linear acting during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hydraulic power engines/motors, except linear acting were Japan ($334M), Germany ($212M), Sweden ($159M), United Kingdom ($155M), and South Korea ($111M).

In 2022, the countries that had a largest trade value in imports than in exports of Hydraulic power engines/motors, except linear acting were United States ($222M), Canada ($160M), Brazil ($140M), Austria ($72.9M), and Netherlands ($62.8M).

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 Hydraulic power engines/motors, except linear acting.
It is possible to select the main countries that export or import Hydraulic power engines/motors, except linear acting in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hydraulic power engines/motors, except linear acting 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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