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848130 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.53BRnk 987 / 4644
2023
Top Exporter | Top Importer $684M | $538MChina | United States
2023
Product Complexity 0.9Rnk 956 / 4656
2022 - 2023
Export Growth (CAGR) 1.85%Rnk 1356 / 4644
2023
Share of World Trade 0.016%Rnk 987 / 4644

About

Overview This page contains the latest trade data of Valves, check. In 2023, Valves, check were the world's 987th most traded product, with a total trade of $3.53B. Between 2022 and 2023 the exports of Valves, check grew by 1.85%, from $3.47B to $3.53B. Trade in Valves, check represent 0.016% of total world trade.

Valves, check are a part of Valves.

Exports In 2023 the top exporters of Valves, check  were China ($684M), United States ($675M), Germany ($431M), Italy ($213M), and Japan ($184M).

Imports In 2023 the top importers of Valves, check were United States ($538M), China ($322M), Mexico ($200M), Germany ($179M), and Canada ($150M).

Ranking Valves, check ranks 956th 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 (2023)China$684M
Top Destination (2023)United States$538M

In 2023 Valves, check were the world's 987th most traded product (out of 4,644).

In 2023, the top exporters of Valves, check were China ($684M), United States ($675M), Germany ($431M), Italy ($213M), and Japan ($184M).

In 2023, the top importers of Valves, check were United States ($538M), China ($322M), Mexico ($200M), Germany ($179M), and Canada ($150M).

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Exporters of Valves, check (2023)
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Importers of Valves, check (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$47.7M
Top Destination Growth (2022 -  2023)Singapore$22.5M

Between 2022 and 2023, the exports of Valves, check grew the fastest in United States ($47.7M), Germany ($45M), United Kingdom ($42.7M), France ($22.1M), and Singapore ($15.6M).

Between 2022 and 2023, the fastest growing importers of Valves, check were Singapore ($22.5M), United Kingdom ($20.3M), Saudi Arabia ($16.8M), Mexico ($15.1M), and Qatar ($10.4M).

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Exporters of Valves, check (2022 - 2023)

Importers of Valves, check (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.13. 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 (2023)China$362M
TOP NET IMPORTER (2023)Mexico$104M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Valves, check were China ($362M), Germany ($252M), Italy ($143M), United States ($137M), and Japan ($81.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Valves, check were Mexico ($104M), Canada ($76.8M), Saudi Arabia ($72.2M), Brazil ($66.2M), and Australia ($54.1M).

Net Trade (2023)

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 (2023)

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