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841392 (Harmonized System 1992 for 6-digit)

2022
World Trade $171MRnk 3824 / 4648
2022
Top Exporter | Top Importer $26.1M | $31.9MChina | United States
2022
Product Complexity 0.47Rnk 1693 / 4653
2021 - 2022
Export Growth (CAGR) 7.09%Rnk 1955 / 4648
2022
Share of World Trade 0.00072%Rnk 3824 / 4648

About

Overview This page contains the latest trade data of Parts of liquid elevators. In 2022, Parts of liquid elevators were the world's 3824th most traded product, with a total trade of $171M. Between 2021 and 2022 the exports of Parts of liquid elevators grew by 7.09%, from $159M to $171M. Trade in Parts of liquid elevators represent 0.00072% of total world trade.

Parts of liquid elevators are a part of Liquid Pumps.

Exports In 2022 the top exporters of Parts of liquid elevators  were China ($26.1M), Netherlands ($25.8M), United States ($15.2M), Saudi Arabia ($9.72M), and Italy ($9.44M).

Imports In 2022 the top importers of Parts of liquid elevators were United States ($31.9M), United Kingdom ($11.6M), Saudi Arabia ($10.5M), Italy ($5.71M), and Germany ($5.61M).

Ranking Parts of liquid elevators ranks 1693rd in the Product Complexity Index (PCI).

Description Parts of a liquid elevators may include: the metal shaft, the motor, the pump, the tank, the hoist, the controls, the rope, and the pulley. The motor is the power source for the pump, which is used to move the liquid in the tank. The rope is used to move the pulley up and down the shaft.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Parts of 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 (2022)China$26.1M
Top Destination (2022)United States$31.9M

In 2022 Parts of liquid elevators were the world's 3824th most traded product (out of 4,648).

In 2022, the top exporters of Parts of liquid elevators were China ($26.1M), Netherlands ($25.8M), United States ($15.2M), Saudi Arabia ($9.72M), and Italy ($9.44M).

In 2022, the top importers of Parts of liquid elevators were United States ($31.9M), United Kingdom ($11.6M), Saudi Arabia ($10.5M), Italy ($5.71M), and Germany ($5.61M).

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Exporters of Parts of liquid elevators (2022)
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Importers of Parts of liquid elevators (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Netherlands$8.7M
Top Destination Growth (2021 -  2022)United States$5.96M

Between 2021 and 2022, the exports of Parts of liquid elevators grew the fastest in Netherlands ($8.7M), Saudi Arabia ($4.52M), United Arab Emirates ($3.1M), United States ($3.08M), and South Korea ($2.68M).

Between 2021 and 2022, the fastest growing importers of Parts of liquid elevators were United States ($5.96M), Dominican Republic ($3.33M), Canada ($3.19M), Italy ($3.09M), and Iraq ($1.43M).

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Exporters of Parts of liquid elevators (2021 - 2022)

Importers of Parts of liquid elevators (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of liquid elevators.

In 2022, market concentration measured using Shannon Entropy, was 4.5. This means that most of the exports of Parts of liquid elevators are explained by 22 countries.

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Value of Exports in Parts of liquid elevators

Net Trade

TOP NET EXPORTER (2022)China$24.6M
TOP NET IMPORTER (2022)United States$16.6M

This map shows which countries export or import more of Parts of liquid elevators. Each country is colored based on the difference in exports and imports of Parts of liquid elevators during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts of liquid elevators were China ($24.6M), Netherlands ($23.3M), Chinese Taipei ($5.7M), Italy ($3.73M), and South Africa ($3.52M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts of liquid elevators were United States ($16.6M), United Kingdom ($6.18M), Dominican Republic ($5.35M), Brazil ($2.44M), and Austria ($2.17M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Parts 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 (2022)

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