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

Special Reports from Oxford Economics: Insights on Baltimore Bridge Collapse and Global Scenarios Forecast

A new research briefing and global scenarios report from Oxford Economics has been added to NFPA’s member hub. The latest research briefing focuses on the Francis Scott Key Bridge collapse. Oxford anticipates larger economic implications for the Baltimore economy than nationally. Increases in transportation costs and disruptions are not forecasted to be widespread or large…

Read More about Special Reports from Oxford Economics: Insights on Baltimore Bridge Collapse and Global Scenarios Forecast

NFPA Scholarship Winners Seeking Employment and Internships in the Fluid Power Industry 

Through the support of generous donations to the NFPA Education and Technology Foundation, and volunteer NFPA member judges, the NFPA Education and Technology Foundation awarded 26 students $86,000 in scholarships to further their fluid power education for the 2023-24 academic year. The awardees include 23 students from the Fluid Power Scholarship applicant pool and 3 students from the…

Read More about NFPA Scholarship Winners Seeking Employment and Internships in the Fluid Power Industry 

Your Participation Inspires Students

Remarkable things happen when members volunteer and participate in NFPA programs and events designed for middle and high school students. The students learn about fluid power, develop an awareness for the industry and careers, and get inspired to continue their fluid power education at the collegiate level. A great example of this pipeline from childhood…

Read More about Your Participation Inspires Students