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841382 (Harmonized System 1992 for 6-digit)

2023
World Trade $286MRnk 3382 / 4644
2023
Top Exporter | Top Importer $73.1M | $46.4MChina | Indonesia
2023
Product Complexity 0.59Rnk 1495 / 4656
2022 - 2023
Export Growth (CAGR) 10.4%Rnk 661 / 4644
2023
Share of World Trade 0.0013%Rnk 3382 / 4644

About

Overview This page contains the latest trade data of Liquid elevators. In 2023, Liquid elevators were the world's 3382nd most traded product, with a total trade of $286M. Between 2022 and 2023 the exports of Liquid elevators grew by 10.4%, from $259M to $286M. Trade in Liquid elevators represent 0.0013% of total world trade.

Liquid elevators are a part of Liquid Pumps.

Exports In 2023 the top exporters of Liquid elevators  were China ($73.1M), South Korea ($30.7M), United States ($28.1M), Italy ($23.2M), and Germany ($21.6M).

Imports In 2023 the top importers of Liquid elevators were Indonesia ($46.4M), Dominican Republic ($19M), Germany ($17.2M), Kazakhstan ($13.7M), and Nigeria ($12.2M).

Ranking Liquid elevators ranks 1495th in the Product Complexity Index (PCI).

Description The most common use for liquid elevators is to transport fuel from a storage tank to the top of a tall chimney. These elevators are used to pump fuel up the chimney to the top of the chimney, where it is then transferred by trucks to a storage facility. Another common use for liquid elevators is to transport water from a reservoir to a treatment facility.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Liquid elevators. 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)China$73.1M
Top Destination (2023)Indonesia$46.4M

In 2023 Liquid elevators were the world's 3382nd most traded product (out of 4,644).

In 2023, the top exporters of Liquid elevators were China ($73.1M), South Korea ($30.7M), United States ($28.1M), Italy ($23.2M), and Germany ($21.6M).

In 2023, the top importers of Liquid elevators were Indonesia ($46.4M), Dominican Republic ($19M), Germany ($17.2M), Kazakhstan ($13.7M), and Nigeria ($12.2M).

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Exporters of Liquid elevators (2023)
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Importers of Liquid elevators (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$29.1M
Top Destination Growth (2022 -  2023)Indonesia$35.8M

Between 2022 and 2023, the exports of Liquid elevators grew the fastest in South Korea ($29.1M), China ($6.95M), Netherlands ($5.37M), United States ($5.13M), and Italy ($4.37M).

Between 2022 and 2023, the fastest growing importers of Liquid elevators were Indonesia ($35.8M), Kazakhstan ($8.61M), Nigeria ($4.06M), Angola ($4M), and Saudi Arabia ($3.63M).

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Exporters of Liquid elevators (2022 - 2023)

Importers of Liquid elevators (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Liquid elevators.

In 2023, market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Liquid elevators are explained by 16 countries.

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Value of Exports in Liquid elevators

Net Trade

TOP NET EXPORTER (2023)China$62.1M
TOP NET IMPORTER (2023)Indonesia$46.4M

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

In 2023, the countries that had a largest trade value in exports than in imports of Liquid elevators were China ($62.1M), South Korea ($30.3M), United States ($20.4M), Italy ($19.9M), and France ($13.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Liquid elevators were Indonesia ($46.4M), Dominican Republic ($18.9M), Kazakhstan ($13.5M), Nigeria ($12.2M), and Angola ($6.03M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Liquid elevators 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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