# HS 848120 For Oleohydraulic Or Pneumatic Trans global trade...

Reported global trade in for oleohydraulic or pneumatic transmissions reached $13.3B in 2024, with five-year annual growth of +3%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $8.9B | -0.8% | +7.1% |
| 2014 | $9.5B | +6.6% | +0.7% |
| 2015 | $8.7B | -8.5% | -1.1% |
| 2016 | $9.0B | +3.9% | +0.4% |
| 2017 | $10.2B | +13.7% | +2.6% |
| 2018 | $11.9B | +16.4% | +11.2% |
| 2019 | $11.5B | -3.7% | +8.4% |
| 2020 | $10.7B | -6.5% | +1.6% |
| 2021 | $13.0B | +21.5% | +3% |
| 2022 | $13.0B | -0.1% | +4.3% |
| 2023 | $13.9B | +7.2% | +9.2% |
| 2024 | $13.3B | -4.5% | +0.8% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $1.8B | +1.1% | 98 |
| China | $1.5B | -1.6% | 75 |
| Germany | $1.4B | +4.2% | 96 |
| France | $636.6M | +1.3% | 102 |
| Italy | $555.2M | +5.2% | 77 |
| Mexico | $519.8M | +4.3% | 102 |
| United Kingdom | $461.3M | +1.8% | 98 |
| Canada | $353.5M | +1.6% | 100 |
| Republic of Korea | $340.6M | +3.3% | 63 |
| Brazil | $339.0M | +8.1% | 65 |
| Turkey | $296.3M | +13.4% | 78 |
| Netherlands | $283.8M | +1.9% | 93 |

_Source: reported merchandise trade data. Updated 2026-08-14._