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Parts of vacuum pumps, compressors,fans,blowers,hoods

841490 (Harmonized System 1992 for 6-digit)

2023
World Trade $17BRnk 196 / 4644
2023
Top Exporter | Top Importer $3.53B | $2.26BChina | United States
2023
Product Complexity 1.27Rnk 365 / 4656
2022 - 2023
Export Growth (CAGR) 3%Rnk 1225 / 4644
2023
Share of World Trade 0.075%Rnk 196 / 4644

About

Overview This page contains the latest trade data of Parts of vacuum pumps, compressors,fans,blowers,hoods. In 2023, Parts of vacuum pumps, compressors,fans,blowers,hoods were the world's 196th most traded product, with a total trade of $17B. Between 2022 and 2023 the exports of Parts of vacuum pumps, compressors,fans,blowers,hoods grew by 3%, from $16.5B to $17B. Trade in Parts of vacuum pumps, compressors,fans,blowers,hoods represent 0.075% of total world trade.

Parts of vacuum pumps, compressors,fans,blowers,hoods are a part of Air Pumps.

Exports In 2023 the top exporters of Parts of vacuum pumps, compressors,fans,blowers,hoods  were China ($3.53B), Germany ($1.83B), United States ($1.68B), Italy ($1.34B), and Japan ($1.24B).

Imports In 2023 the top importers of Parts of vacuum pumps, compressors,fans,blowers,hoods were United States ($2.26B), Mexico ($1.39B), China ($1.11B), Germany ($1.06B), and India ($639M).

Ranking Parts of vacuum pumps, compressors,fans,blowers,hoods ranks 365th in the Product Complexity Index (PCI).

Description Parts of a vacuum pump, compressor, fan, blower, and hood.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of vacuum pumps, compressors,fans,blowers,hoods. 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$3.53B
Top Destination (2023)United States$2.26B

In 2023 Parts of vacuum pumps, compressors,fans,blowers,hoods were the world's 196th most traded product (out of 4,644).

In 2023, the top exporters of Parts of vacuum pumps, compressors,fans,blowers,hoods were China ($3.53B), Germany ($1.83B), United States ($1.68B), Italy ($1.34B), and Japan ($1.24B).

In 2023, the top importers of Parts of vacuum pumps, compressors,fans,blowers,hoods were United States ($2.26B), Mexico ($1.39B), China ($1.11B), Germany ($1.06B), and India ($639M).

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Exporters of Parts of vacuum pumps, compressors,fans,blowers,hoods (2023)
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Importers of Parts of vacuum pumps, compressors,fans,blowers,hoods (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$244M
Top Destination Growth (2022 -  2023)Iraq$118M

Between 2022 and 2023, the exports of Parts of vacuum pumps, compressors,fans,blowers,hoods grew the fastest in Italy ($244M), Germany ($229M), Switzerland ($73.2M), United States ($55.2M), and France ($44.1M).

Between 2022 and 2023, the fastest growing importers of Parts of vacuum pumps, compressors,fans,blowers,hoods were Iraq ($118M), India ($85.9M), Mexico ($81.2M), United Arab Emirates ($75.6M), and Indonesia ($71.9M).

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Exporters of Parts of vacuum pumps, compressors,fans,blowers,hoods (2022 - 2023)

Importers of Parts of vacuum pumps, compressors,fans,blowers,hoods (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of vacuum pumps, compressors,fans,blowers,hoods.

In 2023, market concentration measured using Shannon Entropy, was 4.37. This means that most of the exports of Parts of vacuum pumps, compressors,fans,blowers,hoods are explained by 20 countries.

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Value of Exports in Parts of vacuum pumps, compressors,fans,blowers,hoods

Net Trade

TOP NET EXPORTER (2023)China$2.42B
TOP NET IMPORTER (2023)Mexico$835M

This map shows which countries export or import more of Parts of vacuum pumps, compressors,fans,blowers,hoods. Each country is colored based on the difference in exports and imports of Parts of vacuum pumps, compressors,fans,blowers,hoods during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts of vacuum pumps, compressors,fans,blowers,hoods were China ($2.42B), Italy ($866M), Germany ($780M), Japan ($651M), and Switzerland ($278M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of vacuum pumps, compressors,fans,blowers,hoods were Mexico ($835M), United States ($583M), Indonesia ($231M), Slovakia ($226M), and Brazil ($211M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Parts of vacuum pumps, compressors,fans,blowers,hoods 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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