U.S. Fluid Power Product Exports Decline $1 Billion in 2020

Stats Deep Dive

U.S. fluid power product exports dropped 14.3% when compared to last year, reaching 5.6 billion dollars in 2020. Declining nearly one billion dollars since 2019, U.S. fluid power exports faced several challenges, including a recessionary economy brought on by the COVID-19 pandemic as well as an uncertain foreign trade environment due to unstable trade policies,…

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2019 U.S. Fluid Power Product Exports Summary Released

U.S. fluid power products exports reached a record high of nearly 6.6 billion dollars in 2019 despite a declining domestic fluid power marketplace and the uncertainty caused by unstable trade policies and tariffs throughout the year. While very little changed in 2019 concerning major trade partners and leading U.S. fluid power product exports, the results…

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Sneak Peek into 2018 U.S. Fluid Power Product Export Analysis

Stats Fact of the Week

Stats Fact of the Week: Week of April 1, 2019 Despite the unpredictability of tariffs, trade policies, and inflation, U.S. fluid power product exports reached a record high of 6.5 billion dollars in 2018. This goes hand-in-hand with the record high production of U.S. fluid power products, which reached an estimated 23.8 billion dollars. Although…

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2017 Trade Data: Exports Grow, But Can’t Keep Pace with Imports

Imports and exports of fluid power

The U.S. International Trade Commission recently posted full 2017 trade data to its website.  The data is made available in a huge searchable database, but fluid power products are scattered across a series of NAICS codes. To get all the fluid power products in one place, take a look at NFPA’s Annual Fluid Power Import-Export…

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