Constant weight scales, including hopper scales842330 (Harmonized System 1992 for 6-digit)
2020 World Trade: $571M, Rnk 2515 / 4613
2020 Top Exporter | Top Importer: false, N/A | United States
2020 Product Complexity: 1.24, Rnk 462 / 4783
2019 - 2020 Export Growth (CAGR): -7.04%, Rnk 2127 / 4613
2018 Mean Tariff: 7.33%, Rnk 3098 / 6538
2020 Share of World Trade: 0.0034%, Rnk 2515 / 4613
Overview This page contains the latest trade data of Constant weight scales, including hopper scales. In 2020, Constant weight scales, including hopper scales were the world's 2515th most traded product, with a total trade of $571M. Between 2019 and 2020 the exports of Constant weight scales, including hopper scales decreased by -7.04%, from $614M to $571M. Trade in Constant weight scales, including hopper scales represent 0.0034% of total world trade.
Constant weight scales, including hopper scales are a part of Scales.
Exports In 2020 the top exporters of Constant weight scales, including hopper scales were N/A.
Imports In 2020 the top importers of Constant weight scales, including hopper scales were United States ($110M), China ($25.7M), Germany ($25.3M), Canada ($22.9M), and United Kingdom ($22.7M).
Tariffs In 2018 the average tariff for Constant weight scales, including hopper scales was 7.33%, making it the 3098th lowest tariff using the HS6 product classification.
Ranking Constant weight scales, including hopper scales ranks 462nd in the Product Complexity Index (PCI).
Description This type of scale is used to measure the weight of people, packages, and objects that are placed on it.
The following visualization shows the latest trends on Constant weight scales, including hopper scales. 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 Destination (2020): United States, $110M
Constant weight scales, including hopper scales are the world's 2515th most traded product.
In 2020, the top importers of Constant weight scales, including hopper scales were United States ($110M), China ($25.7M), Germany ($25.3M), Canada ($22.9M), and United Kingdom ($22.7M).
Trade by country
Top Origin Growth (2019 - 2020): Denmark, $2.95M
Top Destination Growth (2019 - 2020): Russia, $6.68M
Between 2019 and 2020, the exports of Constant weight scales, including hopper scales grew the fastest in Denmark ($2.95M), Italy ($2.19M), United Kingdom ($2.04M), Lithuania ($1.96M), and Slovakia ($1.57M).
Between 2019 and 2020, the fastest growing importers of Constant weight scales, including hopper scales were Russia ($6.68M), Saudi Arabia ($5.63M), Norway ($4.37M), Brazil ($3.2M), and Nigeria ($2.49M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Constant weight scales, including hopper scales.
In 2020, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Constant weight scales, including hopper scales are explained by 12 countries.
TOP NET EXPORTER (2020): Japan, $140M
TOP NET IMPORTER (2020): United States, $84.4M
This map shows which countries export or import more of Constant weight scales, including hopper scales. Each country is colored based on the difference in exports and imports of Constant weight scales, including hopper scales during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Constant weight scales, including hopper scales were Japan ($140M), China ($71.6M), Germany ($65.9M), Denmark ($46.3M), and Italy ($17M).
In 2020, the countries that had a largest trade value in imports than in exports of Constant weight scales, including hopper scales were United States ($84.4M), India ($18.8M), Russia ($15.9M), Mexico ($14.4M), and Canada ($12.8M).
This visualization shows the countries that have an important ratio of their trade related to Constant weight scales, including hopper scales. It is possible to select the main countries that export or import Constant weight scales, including hopper scales 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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