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841381 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.8BRnk 769 / 4644
2023
Top Exporter | Top Importer $777M | $460MChina | United States
2023
Product Complexity 1.09Rnk 647 / 4656
2022 - 2023
Export Growth (CAGR) -4.35%Rnk 2025 / 4644
2023
Share of World Trade 0.021%Rnk 769 / 4644

About

Overview This page contains the latest trade data of Pumps nes. In 2023, Pumps nes were the world's 769th most traded product, with a total trade of $4.8B. Between 2022 and 2023 the exports of Pumps nes decreased by -4.35%, from $5.01B to $4.8B. Trade in Pumps nes represent 0.021% of total world trade.

Pumps nes are a part of Liquid Pumps.

Exports In 2023 the top exporters of Pumps nes  were China ($777M), United States ($738M), Italy ($688M), Germany ($352M), and Japan ($162M).

Imports In 2023 the top importers of Pumps nes were United States ($460M), Germany ($366M), United Kingdom ($224M), Mexico ($169M), and France ($156M).

Ranking Pumps nes ranks 647th 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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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.

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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$777M
Top Destination (2023)United States$460M

In 2023 Pumps nes were the world's 769th most traded product (out of 4,644).

In 2023, the top exporters of Pumps nes were China ($777M), United States ($738M), Italy ($688M), Germany ($352M), and Japan ($162M).

In 2023, the top importers of Pumps nes were United States ($460M), Germany ($366M), United Kingdom ($224M), Mexico ($169M), and France ($156M).

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Exporters of Pumps nes (2023)
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Importers of Pumps nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$40.2M
Top Destination Growth (2022 -  2023)Nigeria$53.7M

Between 2022 and 2023, the exports of Pumps nes grew the fastest in Netherlands ($40.2M), Czechia ($20.4M), Switzerland ($20.1M), Chinese Taipei ($19.3M), and Thailand ($16.5M).

Between 2022 and 2023, the fastest growing importers of Pumps nes were Nigeria ($53.7M), Israel ($34.6M), Germany ($31.2M), Malaysia ($25.1M), and Saudi Arabia ($24.9M).

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Exporters of Pumps nes (2022 - 2023)

Importers of Pumps nes (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.43. This means that most of the exports of Pumps nes are explained by 21 countries.

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Value of Exports in Pumps nes

Net Trade

TOP NET EXPORTER (2023)China$661M
TOP NET IMPORTER (2023)Mexico$106M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pumps nes were China ($661M), Italy ($582M), United States ($277M), Czechia ($109M), and Japan ($98.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Pumps nes were Mexico ($106M), Canada ($95.2M), Saudi Arabia ($90.1M), United Kingdom ($79.8M), and Poland ($76.7M).

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 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 (2023)

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