In 2023, Germany led global exports of fuel, lubricating, and cooling pumps for motor engines with $3.3578 billion, a growth rate of 1.89%. The United States followed with $1.6069 billion and a higher growth rate of 2.62%. China and Mexico showed strong growth of 3.58% and 3.48% respectively. Notably, the Czech Republic also featured prominently, though with a slower growth rate compared to others leading in value.
Emerging markets like Romania (5.31% growth) and Slovakia (5.79%) exhibited rapid expansion. Meanwhile, more mature markets such as France and Canada faced slight declines, at -0.72% and -1.92%. Russia displayed exceptional growth at 7.91%, while countries such as Argentina and Lebanon saw sharp contractions at -19.39% and -19.95% respectively.
Future trends suggest a continued rise in demand from emerging markets due to increased automotive production. Growth will likely be driven by technological advancements in motor engines and tighter environmental regulations prompting innovations in fuel efficiency, supporting increased exports from countries engaging in high-value R&D and manufacturing.
Top countries in Export of Fuel, Lubricating and Cooling Pumps for Motor Engines by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,357,800,000 | 2023 | +2.05% | +1.89% | View data |
| 2 | 2 United States | 1,606,900,000 | 2023 | +2.16% | +2.62% | View data |
| 3 | 3 Czech Republic | 1,595,400,000 | 2023 | +1.81% | +0.82% | View data |
| 4 | 4 China | 1,230,200,000 | 2023 | +3.56% | +3.58% | View data |
| 5 | 5 Mexico | 1,146,100,000 | 2023 | +3.53% | +3.48% | View data |
| 6 | 6 Japan | 862,920,000 | 2023 | -0.42% | +0.75% | View data |
| 7 | 7 Italy | 802,340,000 | 2023 | +2.15% | +2.06% | View data |
| 8 | 8 Romania | 720,420,000 | 2023 | +4.81% | +5.31% | View data |
| 9 | 9 Thailand | 572,740,000 | 2023 | +3.98% | +4.61% | View data |
| 10 | 10 South Korea | 510,330,000 | 2023 | +3.38% | +4.13% | View data |
