Fast Stats Feature: Foreign Trade Report

NFPA’s 2020 U.S. Foreign Trade Data for Fluid Power Products Report breaks down U.S. fluid power foreign trade data by both country and product, with key pieces highlighted in a trade data summary sheet and a variety of foreign trade trend graphs for a quick and easy snapshot of our industry’s foreign trade activity in 2020.

A few findings included in the 2020 report were that U.S. Fluid Power Imports were $7.4B, decreasing 17.2% compared to 2019. U.S. Fluid Power Exports were $5.6B, decreasing 14.3% compared to 2019. This resulted in a deficit of $1.8B, closing the trade gap by 25.5% compared to 2019.
 
Update Frequency: Annual

Valuable Features:

  • Access to fluid power foreign trade data sets
    • Imports/Exports by Product
    • Imports/Exports by Country
    • Top Ten Trading Partners by Product
  • Graphs that identify trends and fluctuations in:
    • Balance of Trade
    • Leading Sources/Destinations of FP Foreign Trade
    • Emerging Sources/Destinations of FP Foreign Trade
  • Additional analysis

 
Accessibility: NFPA’s Foreign Trade Report is available to all members, click HERE to view.

Recent Posts

Economic Market Indicators Report and Oxford Monthly Industry Briefings Update

NFPA’s Econ and Market Indicators (EMI) report pulls together data from multiple sources to provide the latest trends for: Customer Markets (U.S. Census Bureau) Economic Indicators (U.S. Census Bureau) Industrial Production (Federal Reserve) Capacity Utilization (Federal Reserve) Producer Price Index (Bureau of Labor Statistics) Oxford’s Monthly Industry Briefings contain the latest developments for eleven major…

Read More about Economic Market Indicators Report and Oxford Monthly Industry Briefings Update

Cutting-Edge Cartridge Valve Portfolio Increases Efficiency, Stability and Safety in Mobile Equipment

This episode features Derek Bailey of Danfoss Power Solutions. Listen to the Podcast Here Derek is Vice President of Integrated Circuit Solutions at Danfoss Power Solutions. Danfoss designs engineered hydraulic, electric, and electronic systems and components, for use primarily in off-highway mobile equipment and attachments. Recently, Danfoss expanded its cartridge valve portfolio, promising increased operator comfort…

Read More about Cutting-Edge Cartridge Valve Portfolio Increases Efficiency, Stability and Safety in Mobile Equipment

NAM Regulatory Update: Final Heavy-Duty Tailpipe Rule Presents Challenges

As part of an effort to bring more information about the regulatory and legal environment facing American manufacturers, NFPA is monitoring the newsfeed of the National Association of Manufacturers (NAM) and will be bringing important updates like this to the attention of NFPA members. The Environmental Protection Agency’s new heavy-duty tailpipe emissions rule is unrealistic…

Read More about NAM Regulatory Update: Final Heavy-Duty Tailpipe Rule Presents Challenges