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Pricing

841381 (Harmonized System 1992 for 6-digit)

2022
World Trade $4.34BRnk 881 / 4648
2022
Top Exporter | Top Importer $817M | $457MItaly | United States
2022
Product Complexity 0.73Rnk 1223 / 4653
2021 - 2022
Export Growth (CAGR) -2.1%Rnk 3269 / 4648
2022
Share of World Trade 0.018%Rnk 881 / 4648

About

Overview This page contains the latest trade data of Pumps nes. In 2022, Pumps nes were the world's 881st most traded product, with a total trade of $4.34B. Between 2021 and 2022 the exports of Pumps nes decreased by -2.1%, from $4.43B to $4.34B. Trade in Pumps nes represent 0.018% of total world trade.

Pumps nes are a part of Liquid Pumps.

Exports In 2022 the top exporters of Pumps nes  were Italy ($817M), United States ($599M), China ($483M), Germany ($236M), and United Kingdom ($194M).

Imports In 2022 the top importers of Pumps nes were United States ($457M), Germany ($347M), United Kingdom ($199M), China ($175M), and Canada ($152M).

Ranking Pumps nes ranks 1223rd in the Product Complexity Index (PCI).

Description Pumps are often used to transfer fluids from one place to another. They can be used to pump water from an underground water table to the surface, for example. Or, a water container can be pressurized by transferring water from a high-pressure water source (such as a water tower) to a lower pressure water source.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Pumps nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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)Italy$817M
Top Destination (2022)United States$457M

In 2022 Pumps nes were the world's 881st most traded product (out of 4,648).

In 2022, the top exporters of Pumps nes were Italy ($817M), United States ($599M), China ($483M), Germany ($236M), and United Kingdom ($194M).

In 2022, the top importers of Pumps nes were United States ($457M), Germany ($347M), United Kingdom ($199M), China ($175M), and Canada ($152M).

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Exporters of Pumps nes (2022)
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Importers of Pumps nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$87.6M
Top Destination Growth (2021 -  2022)United States$32.7M

Between 2021 and 2022, the exports of Pumps nes grew the fastest in United States ($87.6M), South Korea ($35.6M), Mexico ($25.5M), United Kingdom ($16.1M), and Austria ($14.4M).

Between 2021 and 2022, the fastest growing importers of Pumps nes were United States ($32.7M), United Kingdom ($24.9M), Qatar ($15.2M), Egypt ($14.8M), and Canada ($14.5M).

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Exporters of Pumps nes (2021 - 2022)

Importers of Pumps nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pumps nes.

In 2022, market concentration measured using Shannon Entropy, was 4.54. This means that most of the exports of Pumps nes are explained by 23 countries.

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Value of Exports in Pumps nes

Net Trade

TOP NET EXPORTER (2022)Italy$707M
TOP NET IMPORTER (2022)Germany$111M

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

In 2022, the countries that had a largest trade value in exports than in imports of Pumps nes were Italy ($707M), China ($308M), United States ($142M), Chinese Taipei ($108M), and Japan ($77.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Pumps nes were Germany ($111M), Canada ($92.5M), Egypt ($64.5M), Indonesia ($54.6M), and Saudi Arabia ($52.7M).

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 Pumps nes.
It is possible to select the main countries that export or import Pumps nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pumps nes 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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