# Valves (HS4 8481) Trade Overview | Yugalinks

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Valves at HS4 8481, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/8481

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## Answer

The valves subsector recorded $112.2B in reported global trade in 2024, with +3.5% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $112.2B |
| Latest annual change | +3.5% |
| Active exporters | 200 |
| Active importers | 200 |
| Active HS6 products | 6 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $19.3B | 5,708 | 6 |
| 1996 | $20.4B | 5,921 | 6 |
| 1997 | $21.3B | 5,984 | 6 |
| 1998 | $22.0B | 6,130 | 6 |
| 1999 | $23.0B | 6,674 | 6 |
| 2000 | $24.0B | 7,838 | 6 |
| 2001 | $24.3B | 8,068 | 6 |
| 2002 | $26.5B | 8,393 | 6 |
| 2003 | $31.0B | 8,550 | 6 |
| 2004 | $37.9B | 8,859 | 6 |
| 2005 | $42.2B | 9,169 | 6 |
| 2006 | $51.3B | 9,467 | 6 |
| 2007 | $63.1B | 9,784 | 6 |
| 2008 | $71.7B | 10,006 | 6 |
| 2009 | $57.7B | 10,139 | 6 |
| 2010 | $66.1B | 10,336 | 6 |
| 2011 | $77.7B | 10,829 | 6 |
| 2012 | $81.8B | 11,131 | 6 |
| 2013 | $85.9B | 11,255 | 6 |
| 2014 | $90.5B | 11,652 | 6 |
| 2015 | $83.2B | 11,794 | 6 |
| 2016 | $80.3B | 11,923 | 6 |
| 2017 | $85.2B | 12,110 | 6 |
| 2018 | $93.3B | 12,344 | 6 |
| 2019 | $92.2B | 12,454 | 6 |
| 2020 | $86.3B | 12,078 | 6 |
| 2021 | $101.0B | 12,440 | 6 |
| 2022 | $104.4B | 12,667 | 6 |
| 2023 | $107.3B | 12,785 | 6 |
| 2024 | $112.2B | 12,760 | 6 |

## Leading corridors

- China to USA, Puerto Rico and US Virgin Islands: $3.8B; growth -2.3%.
- Mexico to USA, Puerto Rico and US Virgin Islands: $3.2B; growth +9.3%.
- USA, Puerto Rico and US Virgin Islands to Mexico: $2.3B; growth +8.1%.
- USA, Puerto Rico and US Virgin Islands to Canada: $2.1B; growth +5.4%.
- Germany to China: $1.9B; growth -3.7%.
- China to Russia: $1.4B; growth +21.4%.
- Germany to USA, Puerto Rico and US Virgin Islands: $1.4B; growth +1.7%.
- Japan to China: $1.2B; growth -14.9%.
- Japan to USA, Puerto Rico and US Virgin Islands: $1.2B; growth -1.5%.
- USA, Puerto Rico and US Virgin Islands to China: $1.0B; growth +0.5%.

## HS6 products

- Valves: pressure reducing, for pipes, boiler shells, tanks, vats or the like (HS6 848110)
- Valves: for oleohydraulic or pneumatic transmissions (HS6 848120)
- Valves: check (nonreturn) valves, for pipes, boiler shells, tanks, vats or the like (HS6 848130)
- Valves: safety or relief valves, for pipes, boiler shells, tanks, vats or the like (HS6 848140)
- Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves (HS6 848180)
- Taps, cocks, valves and similar appliances: parts thereof (HS6 848190)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.