HS4 subsector intelligence

Valves
HS4 8481 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 84811995-2024 coverageGrowing
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$112.2BGlobal subsector value
02

Annual change

+3.5%Latest year on year
03

Exporters

200Active reporting countries
04

Importers

200Active reporting countries
05

HS6 products

6Classifications inside HS4

The subsector read

$112.2B in trade, with +3.6% annualized growth over three years.

Valves is recorded across 12,760 active corridors, with 200 exporters and 200 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $19.3B1996: $20.4B1997: $21.3B1998: $22.0B1999: $23.0B2000: $24.0B2001: $24.3B2002: $26.5B2003: $31.0B2004: $37.9B2005: $42.2B2006: $51.3B2007: $63.1B2008: $71.7B2009: $57.7B2010: $66.1B2011: $77.7B2012: $81.8B2013: $85.9B2014: $90.5B2015: $83.2B2016: $80.3B2017: $85.2B2018: $93.3B2019: $92.2B2020: $86.3B2021: $101.0B2022: $104.4B2023: $107.3B2024: $112.2B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$3.8B-2.3%611,883 kmNo
2MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$3.2B+9.3%63,359 kmYes
3USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$2.3B+8.1%63,359 kmYes
4USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$2.1B+5.4%6556 kmYes
5GermanyDEUChinaCHN$1.9B-3.7%68,415 kmNo
6ChinaCHNRussiaRUS$1.4B+21.4%66,831 kmNo
7GermanyDEUUSA, Puerto Rico and US Virgin IslandsUSA$1.4B+1.7%66,402 kmNo
8JapanJPNChinaCHN$1.2B-14.9%61,763 kmNo
9JapanJPNUSA, Puerto Rico and US Virgin IslandsUSA$1.2B-1.5%610,872 kmNo
10USA, Puerto Rico and US Virgin IslandsUSAChinaCHN$1.0B+0.5%611,883 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$22.3B2006
2GermanyDEU$14.8B1906
3USA, Puerto Rico and US Virgin IslandsUSA$14.0B1856
4ItalyITA$9.4B1846
5JapanJPN$4.7B1796
6MexicoMEX$3.9B1496
7United KingdomGBR$3.6B1856
8FranceFRA$3.4B1886
9IndiaIND$2.5B1836
10Republic of KoreaKOR$2.5B1736
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$17.0B1486
2ChinaCHN$8.4B1216
3GermanyDEU$7.7B1376
4MexicoMEX$4.4B1186
5United KingdomGBR$3.9B1346
6FranceFRA$3.9B1466
7CanadaCAN$3.9B1536
8Saudi ArabiaSAU$2.9B1016
9ItalyITA$2.9B1156
10Republic of KoreaKOR$2.6B1006

HS6 product coverage

The products inside HS4 8481

Six-digit classifications make the subsector specific. Browse the product workspace ↗

6 classifications shownValves
01
Valves: pressure reducing, for pipes, boiler shells, tanks, vats or the likeHS6 848110
02
Valves: for oleohydraulic or pneumatic transmissionsHS6 848120
03
Valves: check (nonreturn) valves, for pipes, boiler shells, tanks, vats or the likeHS6 848130
04
Valves: safety or relief valves, for pipes, boiler shells, tanks, vats or the likeHS6 848140
05
Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valvesHS6 848180
06
Taps, cocks, valves and similar appliances: parts thereofHS6 848190

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.