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681390 (Harmonized System 1992 for 6-digit)

2023
World Trade $570MRnk 2713 / 4644
2023
Top Exporter | Top Importer $155M | $58.2MUnited States | China
2023
Product Complexity 0.21Rnk 2183 / 4656
2022 - 2023
Export Growth (CAGR) 4.49%Rnk 1082 / 4644
2023
Share of World Trade 0.0025%Rnk 2713 / 4644

About

Overview This page contains the latest trade data of Asbestos friction material, articles except for brake. In 2023, Asbestos friction material, articles except for brake were the world's 2713th most traded product, with a total trade of $570M. Between 2022 and 2023 the exports of Asbestos friction material, articles except for brake grew by 4.49%, from $546M to $570M. Trade in Asbestos friction material, articles except for brake represent 0.0025% of total world trade.

Asbestos friction material, articles except for brake are a part of Friction Material.

Exports In 2023 the top exporters of Asbestos friction material, articles except for brake  were United States ($155M), Germany ($88.7M), China ($84.3M), Japan ($65.2M), and France ($33.4M).

Imports In 2023 the top importers of Asbestos friction material, articles except for brake were China ($58.2M), Hungary ($37.4M), India ($35.3M), Mexico ($32.6M), and France ($31.8M).

Ranking Asbestos friction material, articles except for brake ranks 2183rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Asbestos friction material, articles except for brake. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$155M
Top Destination (2023)China$58.2M

In 2023 Asbestos friction material, articles except for brake were the world's 2713th most traded product (out of 4,644).

In 2023, the top exporters of Asbestos friction material, articles except for brake were United States ($155M), Germany ($88.7M), China ($84.3M), Japan ($65.2M), and France ($33.4M).

In 2023, the top importers of Asbestos friction material, articles except for brake were China ($58.2M), Hungary ($37.4M), India ($35.3M), Mexico ($32.6M), and France ($31.8M).

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Exporters of Asbestos friction material, articles except for brake (2023)
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Importers of Asbestos friction material, articles except for brake (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$17.5M
Top Destination Growth (2022 -  2023)United Kingdom$10.8M

Between 2022 and 2023, the exports of Asbestos friction material, articles except for brake grew the fastest in Germany ($17.5M), China ($9.09M), United States ($5.25M), France ($4.15M), and Brazil ($3.89M).

Between 2022 and 2023, the fastest growing importers of Asbestos friction material, articles except for brake were United Kingdom ($10.8M), Hungary ($8.35M), Kuwait ($7.26M), France ($7.03M), and Turkey ($3.97M).

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Exporters of Asbestos friction material, articles except for brake (2022 - 2023)

Importers of Asbestos friction material, articles except for brake (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Asbestos friction material, articles except for brake.

In 2023, market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Asbestos friction material, articles except for brake are explained by 11 countries.

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Value of Exports in Asbestos friction material, articles except for brake

Net Trade

TOP NET EXPORTER (2023)United States$132M
TOP NET IMPORTER (2023)Hungary$34.8M

This map shows which countries export or import more of Asbestos friction material, articles except for brake. Each country is colored based on the difference in exports and imports of Asbestos friction material, articles except for brake during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Asbestos friction material, articles except for brake were United States ($132M), Germany ($58.5M), Japan ($44.8M), China ($26.1M), and Malaysia ($8.44M).

In 2023, the countries that had a largest trade value in imports than in exports of Asbestos friction material, articles except for brake were Hungary ($34.8M), Mexico ($31.6M), Turkey ($29.3M), United Kingdom ($22.8M), and India ($16.9M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Asbestos friction material, articles except for brake.
It is possible to select the main countries that export or import Asbestos friction material, articles except for brake in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Asbestos friction material, articles except for brake by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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