HS Code:
The Pneumatic category, often associated with HS Code 8414 (Air or vacuum pumps, air or other gas compressors and fans; ventilating or recycling hoods incorporating a fan), includes products related to pneumatic systems such as pumps, compressors, and related equipment. These products are critical in various industries including manufacturing, automotive, construction, and healthcare for powering tools, controlling machinery, and facilitating industrial processes. The category is integral to industrial automation and energy efficiency solutions globally.
Total Trade Volume
USD 45.6 billion
Data from 2022
Source
United Nations Comtrade Database
USD 8.2 billion
18% of total trade of total trade
Increasing
USD 6.5 billion
14.3% of total trade of total trade
Stable
USD 5.9 billion
12.9% of total trade of total trade
Increasing
USD 4.3 billion
9.4% of total trade of total trade
Stable
USD 3.1 billion
6.8% of total trade of total trade
Increasing
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Rising demand for energy-efficient pneumatic systems
Increased adoption of advanced compressors and smart pneumatic technologies in industrial automation, driving market growth by 8% annually.
2022
Shift towards sustainable manufacturing
Manufacturers are focusing on eco-friendly designs and reducing carbon footprints, influencing product innovation and regulatory compliance.
2021-2022
Growth in automotive and healthcare sectors
Higher demand for pneumatic tools and equipment in electric vehicle production and medical device manufacturing, boosting trade volumes by 10% in key markets.
2022
The European Union introduced new energy efficiency directives for pneumatic systems under the Ecodesign framework, mandating lower energy consumption for compressors and pumps.
January 2023
Exporters to the EU must adapt to new compliance requirements, potentially increasing production costs but also opening opportunities for innovative, energy-efficient products.
A revised trade agreement reduced tariffs on pneumatic equipment between the US and China, facilitating smoother trade flows and reducing costs for importers.
March 2023
This is expected to increase Chinese exports to the US by 5-7% in the pneumatic category over the next two years.
Major manufacturers in Germany and Japan unveiled IoT-enabled pneumatic systems for real-time monitoring and predictive maintenance at the Hannover Messe trade fair.
April 2023
This innovation is anticipated to drive demand in industrial automation, particularly in smart factories, influencing global trade patterns.