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841221 (Harmonized System 1992 for 6-digit)

2023
World Trade $8.06BRnk 465 / 4644
2023
Top Exporter | Top Importer $1.3B | $1.71BUnited States | United States
2023
Product Complexity 0.88Rnk 984 / 4656
2022 - 2023
Export Growth (CAGR) 6.58%Rnk 903 / 4644
2023
Share of World Trade 0.036%Rnk 465 / 4644

About

Overview This page contains the latest trade data of Hydraulic power engines/motors, linear acting. In 2023, Hydraulic power engines/motors, linear acting were the world's 465th most traded product, with a total trade of $8.06B. Between 2022 and 2023 the exports of Hydraulic power engines/motors, linear acting grew by 6.58%, from $7.56B to $8.06B. Trade in Hydraulic power engines/motors, linear acting represent 0.036% of total world trade.

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

Exports In 2023 the top exporters of Hydraulic power engines/motors, linear acting  were United States ($1.3B), Germany ($1.12B), China ($999M), South Korea ($432M), and Japan ($360M).

Imports In 2023 the top importers of Hydraulic power engines/motors, linear acting were United States ($1.71B), Germany ($647M), France ($417M), China ($403M), and United Kingdom ($385M).

Ranking Hydraulic power engines/motors, linear acting ranks 984th in the Product Complexity Index (PCI).

Description A hydraulic power engine or motor can be used to power a variety of machines. They are usually used to power cranes and other heavy machinery, but can also be used to power boats. A hydraulic power engine or motor is powered by a pump. The pump sends pressurized fluid to a motor which operates a piston. The piston moves up and down, converting the linear movement of the piston to rotational movement which can then be used to power a machine.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hydraulic power engines/motors, 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 (2023)United States$1.3B
Top Destination (2023)United States$1.71B

In 2023 Hydraulic power engines/motors, linear acting were the world's 465th most traded product (out of 4,644).

In 2023, the top exporters of Hydraulic power engines/motors, linear acting were United States ($1.3B), Germany ($1.12B), China ($999M), South Korea ($432M), and Japan ($360M).

In 2023, the top importers of Hydraulic power engines/motors, linear acting were United States ($1.71B), Germany ($647M), France ($417M), China ($403M), and United Kingdom ($385M).

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Exporters of Hydraulic power engines/motors, linear acting (2023)
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Importers of Hydraulic power engines/motors, linear acting (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$141M
Top Destination Growth (2022 -  2023)United States$101M

Between 2022 and 2023, the exports of Hydraulic power engines/motors, linear acting grew the fastest in United States ($141M), Germany ($128M), France ($72M), South Korea ($39M), and Finland ($33.1M).

Between 2022 and 2023, the fastest growing importers of Hydraulic power engines/motors, linear acting were United States ($101M), France ($65.7M), Australia ($64.4M), Germany ($43.1M), and Mexico ($41.7M).

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Exporters of Hydraulic power engines/motors, linear acting (2022 - 2023)

Importers of Hydraulic power engines/motors, linear acting (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.42. This means that most of the exports of Hydraulic power engines/motors, linear acting are explained by 21 countries.

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

Net Trade

TOP NET EXPORTER (2023)China$596M
TOP NET IMPORTER (2023)United States$408M

This map shows which countries export or import more of Hydraulic power engines/motors, linear acting. Each country is colored based on the difference in exports and imports of Hydraulic power engines/motors, linear acting during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hydraulic power engines/motors, linear acting were China ($596M), Germany ($470M), South Korea ($304M), Bulgaria ($247M), and Philippines ($153M).

In 2023, the countries that had a largest trade value in imports than in exports of Hydraulic power engines/motors, linear acting were United States ($408M), Brazil ($271M), Australia ($212M), France ($95.2M), and Russia ($90.8M).

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 power engines/motors, linear acting.
It is possible to select the main countries that export or import Hydraulic power engines/motors, 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, 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 (2023)

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