Centrifuges8421 (Harmonized System 1992 for 4-digit)
2020 World Trade: $74.9B, Rnk 31 / 1217
2020 Top Exporter | Top Importer: $13.3B | $10.7B, Germany | United States
2020 Product Complexity: 0.98, Rnk 182 / 1028
2019 - 2020 Export Growth (CAGR): 2.5%, Rnk 256 / 1217
2018 Mean Tariff: 5.05%, Rnk 828 / 1259
2020 Share of World Trade: 0.45%, Rnk 31 / 1217
Overview This page contains the latest trade data of Centrifuges. In 2020, Centrifuges were the world's 31st most traded product, with a total trade of $74.9B. Between 2019 and 2020 the exports of Centrifuges grew by 2.5%, from $73.1B to $74.9B. Trade in Centrifuges represent 0.45% of total world trade.
Centrifuges are a part of Machinery, mechanical appliances, & parts.
Exports In 2020 the top exporters of Centrifuges were Germany ($13.3B), China ($10.6B), United States ($9.61B), Mexico ($3.26B), and United Kingdom ($2.84B).
Imports In 2020 the top importers of Centrifuges were United States ($10.7B), Germany ($6.64B), China ($4.61B), France ($2.97B), and Canada ($2.57B).
Tariffs In 2018 the average tariff for Centrifuges was 5.05%, making it the 828th lowest tariff using the HS4 product classification.
Ranking Centrifuges ranks 182nd in the Product Complexity Index (PCI).
Description Centrifuges are used to separate liquids or gases. They can be made from a variety of materials, including stainless steel and aluminum.
The following visualization shows the latest trends on Centrifuges. 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): Germany, $13.3B
Top Destination (2020): United States, $10.7B
Centrifuges are the world's 31st most traded product.
In 2020, the top exporters of Centrifuges were Germany ($13.3B), China ($10.6B), United States ($9.61B), Mexico ($3.26B), and United Kingdom ($2.84B).
In 2020, the top importers of Centrifuges were United States ($10.7B), Germany ($6.64B), China ($4.61B), France ($2.97B), and Canada ($2.57B).
Trade by country
Top Origin Growth (2019 - 2020): China, $1.68B
Top Destination Growth (2019 - 2020): United States, $1.33B
Between 2019 and 2020, the exports of Centrifuges grew the fastest in China ($1.68B), Germany ($362M), Poland ($286M), Mexico ($155M), and South Africa ($111M).
Between 2019 and 2020, the fastest growing importers of Centrifuges were United States ($1.33B), Germany ($222M), Japan ($215M), Czechia ($203M), and Ireland ($194M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Centrifuges.
In 2020, market concentration measured using Shannon Entropy, was 4.48. This means that most of the exports of Centrifuges are explained by 22 countries.
This map shows which countries export or import more of Centrifuges. Each country is colored based on the difference in exports and imports of Centrifuges during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Centrifuges were Germany ($6.67B), China ($6.04B), South Africa ($1.43B), Mexico ($1.12B), and North Macedonia ($786M).
In 2020, the countries that had a largest trade value in imports than in exports of Centrifuges were Russia ($1.4B), Canada ($1.13B), United States ($1.08B), Australia ($935M), and Spain ($925M).
In 2020, the world most traded Centrifuges, disaggragated by their HS6 level were Filtering or purifying machinery for gases... ($27B), Parts for filter/purifying machines for liquid/gas ($15.2B), Water filtering or purifying machinery or... ($10.1B), Filtering/purifying machinery for liquids nes ($9.8B), and Oil/petrol filters for internal combustion engines ($6.25B)
This visualization shows the countries that have an important ratio of their trade related to Centrifuges. It is possible to select the main countries that export or import Centrifuges 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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v5.1.14 lamb