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.
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