# HS 848140 Safety Or Relief Valves global trade data overview...

Reported global trade in safety or relief valves, for pipes, boiler shells, tanks, vats or the like reached $5.0B in 2024, with five-year annual growth of +2.3%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $4.4B | +11.7% | +13.6% |
| 2014 | $4.9B | +11.9% | +9% |
| 2015 | $4.4B | -9.6% | +4.2% |
| 2016 | $4.1B | -6.5% | -1.9% |
| 2017 | $4.2B | +0.9% | -5.2% |
| 2018 | $4.4B | +5.5% | -0.2% |
| 2019 | $4.4B | +0.6% | +2.3% |
| 2020 | $4.1B | -6.6% | -0.3% |
| 2021 | $4.5B | +7.9% | +0.5% |
| 2022 | $4.6B | +2.7% | +1.2% |
| 2023 | $4.8B | +4.4% | +5% |
| 2024 | $5.0B | +3.8% | +3.6% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $557.6M | -0.8% | 94 |
| China | $402.4M | -0.8% | 74 |
| Germany | $390.7M | +4.4% | 90 |
| Saudi Arabia | $218.9M | +10.2% | 63 |
| Canada | $214.4M | +2.9% | 76 |
| Mexico | $205.7M | +3% | 101 |
| United Arab Emirates | $166.1M | +5.1% | 83 |
| United Kingdom | $151.0M | -0.6% | 86 |
| France | $136.2M | +5.5% | 87 |
| Singapore | $123.1M | +0.5% | 73 |
| Netherlands | $120.6M | +1.3% | 85 |
| Brazil | $119.1M | +13% | 72 |

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