Cash registers847050 (Harmonized System 1992 for 6-digit)
2020 World Trade: $3.26B, Rnk 881 / 4613
2020 Top Exporter | Top Importer: $1.37B | $592M, China | United States
2020 Product Complexity: 0.22, Rnk 2161 / 4783
2019 - 2020 Export Growth (CAGR): -10.8%, Rnk 2605 / 4613
2018 Mean Tariff: 5.77%, Rnk 3795 / 6538
2020 Share of World Trade: 0.019%, Rnk 881 / 4613
Overview This page contains the latest trade data of Cash registers. In 2020, Cash registers were the world's 881st most traded product, with a total trade of $3.26B. Between 2019 and 2020 the exports of Cash registers decreased by -10.8%, from $3.65B to $3.26B. Trade in Cash registers represent 0.019% of total world trade.
Cash registers are a part of Calculators.
Exports In 2020 the top exporters of Cash registers were China ($1.37B), Vietnam ($358M), Hungary ($241M), Mexico ($196M), and Chinese Taipei ($151M).
Imports In 2020 the top importers of Cash registers were United States ($592M), Hong Kong ($163M), United Kingdom ($154M), Italy ($154M), and Japan ($149M).
Tariffs In 2018 the average tariff for Cash registers was 5.77%, making it the 3795th lowest tariff using the HS6 product classification.
Ranking Cash registers ranks 2161st in the Product Complexity Index (PCI).
Description Cash registers are used in many different industries, and their main function is to process sales transactions. In grocery stores for example, cash registers are used to process customer transactions of buying groceries. In department stores, cash registers are used to process sales of clothing, shoes, and other goods.
The following visualization shows the latest trends on Cash registers. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): China, $1.37B
Top Destination (2020): United States, $592M
Cash registers are the world's 881st most traded product.
In 2020, the top exporters of Cash registers were China ($1.37B), Vietnam ($358M), Hungary ($241M), Mexico ($196M), and Chinese Taipei ($151M).
In 2020, the top importers of Cash registers were United States ($592M), Hong Kong ($163M), United Kingdom ($154M), Italy ($154M), and Japan ($149M).
Trade by country
Top Origin Growth (2019 - 2020): Vietnam, $38.7M
Top Destination Growth (2019 - 2020): Saudi Arabia, $29.9M
Between 2019 and 2020, the exports of Cash registers grew the fastest in Vietnam ($38.7M), India ($16.9M), Hong Kong ($15.4M), Germany ($12.1M), and Thailand ($10.9M).
Between 2019 and 2020, the fastest growing importers of Cash registers were Saudi Arabia ($29.9M), Germany ($29.8M), Hong Kong ($28.7M), India ($17.5M), and Poland ($16.9M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Cash registers.
In 2020, market concentration measured using Shannon Entropy, was 3.43. This means that most of the exports of Cash registers are explained by 10 countries.
TOP NET EXPORTER (2020): China, $1.35B
TOP NET IMPORTER (2020): United States, $486M
This map shows which countries export or import more of Cash registers. Each country is colored based on the difference in exports and imports of Cash registers during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Cash registers were China ($1.35B), Vietnam ($346M), Hungary ($195M), Chinese Taipei ($137M), and Mexico ($132M).
In 2020, the countries that had a largest trade value in imports than in exports of Cash registers were United States ($486M), Japan ($141M), United Kingdom ($122M), India ($116M), and Italy ($96.9M).
This visualization shows the countries that have an important ratio of their trade related to Cash registers. It is possible to select the main countries that export or import Cash registers in the world, or by continent, as well as select the measure of interest.
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.
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