In a constantly evolving global economy, information on U.S. imports and exports is becoming increasingly valuable. NFPA’s 2021 Foreign Trade Report, based on U.S. International Trade Commission data, is now available for member download.
Companies shipping fluid power products into and out of the U.S. use a standard set of codes for reporting the value and quantity of these shipments to the U.S. Customs Service. Data gathered through this reporting system is aggregated and summarized by the U.S. Census Bureau. This data can be used to specifically measure the imports and exports of fluid power products in the U.S. which provides members with valuable data on the status of our industry on a global scale.
The updated report contains critical information including:
- U.S. foreign trade metrics by individual product
- Balance of trade throughout the past 10 years
- Country-specific data on imports/exports
Download the 2021 Foreign Trade Report today to gain access to the crucial data you need to assess your company’s place in the global fluid power economy.
Looking for More Useful Reports?
Look ahead and anticipate change with the NFPA Forecast Report: U.S. Customer Markets from ITR. This quarterly report includes an annual outlook with ITR phase identifiers for the current year and next two years ahead for 30 of fluid power’s most popular customer markets, as well as hydraulics, pneumatics and the overall fluid power industry. The report also includes quarterly ITR phase identifiers for those same markets and detailed fluid power outlooks with supporting evidence, management objectives and amplitudes. View forecasts from the last 13 quarters featuring data such as:
- Current Economic Overview
- Economic Opportunities for NFPA Members
- Economic Risks for NFPA Members
- Management Objectives for NFPA Members
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Mark your calendars for the NFPA Fluid Power Vehicle Challenge Design and Specification Midway Reviews, happening in December and January. This is a fantastic opportunity for industry members to get engaged and connect with students. The reviews are 45-minute webinar presentations with 10 minutes of Q&A from the judges. During this review, students will showcase…