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848130 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.29BRnk 1086 / 4648
2022
Top Exporter | Top Importer $709M | $547MChina | United States
2022
Product Complexity 0.91Rnk 906 / 4653
2021 - 2022
Export Growth (CAGR) 4.34%Rnk 2318 / 4648
2022
Share of World Trade 0.014%Rnk 1086 / 4648

About

Overview This page contains the latest trade data of Valves, check. In 2022, Valves, check were the world's 1086th most traded product, with a total trade of $3.29B. Between 2021 and 2022 the exports of Valves, check grew by 4.34%, from $3.15B to $3.29B. Trade in Valves, check represent 0.014% of total world trade.

Valves, check are a part of Valves.

Exports In 2022 the top exporters of Valves, check  were China ($709M), United States ($578M), Germany ($405M), Japan ($169M), and Italy ($165M).

Imports In 2022 the top importers of Valves, check were United States ($547M), China ($255M), Germany ($169M), Canada ($151M), and Mexico ($149M).

Ranking Valves, check ranks 906th in the Product Complexity Index (PCI).

Description Valves are often used to regulate and control the flow of liquids and gases, or to measure and control the pressure of fluids.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Valves, check. 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$709M
Top Destination (2022)United States$547M

In 2022 Valves, check were the world's 1086th most traded product (out of 4,648).

In 2022, the top exporters of Valves, check were China ($709M), United States ($578M), Germany ($405M), Japan ($169M), and Italy ($165M).

In 2022, the top importers of Valves, check were United States ($547M), China ($255M), Germany ($169M), Canada ($151M), and Mexico ($149M).

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Exporters of Valves, check (2022)
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Importers of Valves, check (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$80.6M
Top Destination Growth (2021 -  2022)United States$86.3M

Between 2021 and 2022, the exports of Valves, check grew the fastest in China ($80.6M), United States ($62.6M), India ($20.3M), Canada ($16.9M), and Singapore ($11.4M).

Between 2021 and 2022, the fastest growing importers of Valves, check were United States ($86.3M), Canada ($17.4M), Thailand ($15.3M), Malaysia ($15.2M), and Poland ($14.3M).

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Exporters of Valves, check (2021 - 2022)

Importers of Valves, check (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Valves, check.

In 2022, market concentration measured using Shannon Entropy, was 4.14. This means that most of the exports of Valves, check are explained by 17 countries.

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Value of Exports in Valves, check

Net Trade

TOP NET EXPORTER (2022)China$454M
TOP NET IMPORTER (2022)Brazil$73.4M

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

In 2022, the countries that had a largest trade value in exports than in imports of Valves, check were China ($454M), Germany ($237M), Japan ($105M), Italy ($89.7M), and United States ($30.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Valves, check were Brazil ($73.4M), Canada ($70.4M), Saudi Arabia ($64.7M), Mexico ($57.4M), and Australia ($46.2M).

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

Top 10 Exporters Countries of Valves, check 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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