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841319 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.46BRnk 1710 / 4644
2023
Top Exporter | Top Importer $296M | $324MUnited States | United States
2023
Product Complexity 1.02Rnk 742 / 4656
2022 - 2023
Export Growth (CAGR) 3.54%Rnk 1185 / 4644
2023
Share of World Trade 0.0064%Rnk 1710 / 4644

About

Overview This page contains the latest trade data of Pumps fitted, designed to have, a measuring device ne. In 2023, Pumps fitted, designed to have, a measuring device ne were the world's 1710th most traded product, with a total trade of $1.46B. Between 2022 and 2023 the exports of Pumps fitted, designed to have, a measuring device ne grew by 3.54%, from $1.41B to $1.46B. Trade in Pumps fitted, designed to have, a measuring device ne represent 0.0064% of total world trade.

Pumps fitted, designed to have, a measuring device ne are a part of Liquid Pumps.

Exports In 2023 the top exporters of Pumps fitted, designed to have, a measuring device ne  were United States ($296M), China ($170M), Germany ($126M), Mexico ($101M), and Poland ($94.7M).

Imports In 2023 the top importers of Pumps fitted, designed to have, a measuring device ne were United States ($324M), Canada ($94.7M), China ($84.3M), United Kingdom ($56.9M), and Saudi Arabia ($52.5M).

Ranking Pumps fitted, designed to have, a measuring device ne ranks 742nd in the Product Complexity Index (PCI).

Description Pumps fitted, designed to have, a measuring device ne are used to measure the water pressure in plumbing systems.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Pumps fitted, designed to have, a measuring device ne. 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$296M
Top Destination (2023)United States$324M

In 2023 Pumps fitted, designed to have, a measuring device ne were the world's 1710th most traded product (out of 4,644).

In 2023, the top exporters of Pumps fitted, designed to have, a measuring device ne were United States ($296M), China ($170M), Germany ($126M), Mexico ($101M), and Poland ($94.7M).

In 2023, the top importers of Pumps fitted, designed to have, a measuring device ne were United States ($324M), Canada ($94.7M), China ($84.3M), United Kingdom ($56.9M), and Saudi Arabia ($52.5M).

Explore Visualizations

Exporters of Pumps fitted, designed to have, a measuring device ne (2023)
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Importers of Pumps fitted, designed to have, a measuring device ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$38.6M
Top Destination Growth (2022 -  2023)South Korea$20.3M

Between 2022 and 2023, the exports of Pumps fitted, designed to have, a measuring device ne grew the fastest in United States ($38.6M), Italy ($18.8M), Mexico ($17.2M), China ($10.3M), and Czechia ($9.2M).

Between 2022 and 2023, the fastest growing importers of Pumps fitted, designed to have, a measuring device ne were South Korea ($20.3M), Italy ($10.6M), France ($8.45M), Russia ($7.82M), and Ireland ($7.41M).

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Exporters of Pumps fitted, designed to have, a measuring device ne (2022 - 2023)

Importers of Pumps fitted, designed to have, a measuring device ne (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pumps fitted, designed to have, a measuring device ne.

In 2023, market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Pumps fitted, designed to have, a measuring device ne are explained by 20 countries.

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Value of Exports in Pumps fitted, designed to have, a measuring device ne

Net Trade

TOP NET EXPORTER (2023)Germany$91.6M
TOP NET IMPORTER (2023)Canada$70.3M

This map shows which countries export or import more of Pumps fitted, designed to have, a measuring device ne. Each country is colored based on the difference in exports and imports of Pumps fitted, designed to have, a measuring device ne during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pumps fitted, designed to have, a measuring device ne were Germany ($91.6M), China ($85.5M), Poland ($78.9M), Mexico ($64.6M), and Italy ($49.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Pumps fitted, designed to have, a measuring device ne were Canada ($70.3M), Saudi Arabia ($51M), United States ($28.6M), Indonesia ($27.1M), and Ireland ($22.4M).

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 Pumps fitted, designed to have, a measuring device ne.
It is possible to select the main countries that export or import Pumps fitted, designed to have, a measuring device ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pumps fitted, designed to have, a measuring device ne 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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