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Milking machines and dairy machinery

8434 (Harmonized System 1992 for 4-digit)

2023
World Trade $2.46BRnk 716 / 1217
2023
Top Exporter | Top Importer $552M | $240MNetherlands | Germany
2023
Product Complexity 0.85Rnk 231 / 1044
2022 - 2023
Export Growth (CAGR) 13.9%Rnk 106 / 1217
2023
Share of World Trade 0.011%Rnk 716 / 1217

About

Overview This page contains the latest trade data of Dairy Machinery. In 2023, Dairy Machinery were the world's 716th most traded product, with a total trade of $2.46B. Between 2022 and 2023 the exports of Dairy Machinery grew by 13.9%, from $2.16B to $2.46B. Trade in Dairy Machinery represent 0.011% of total world trade.

Dairy Machinery are a part of Machinery, mechanical appliances, & parts. They include Parts of milking machines and dairy machinery, Dairy machinery, and Milking machines.

Exports In 2023 the top exporters of Dairy Machinery  were Netherlands ($552M), Germany ($344M), Sweden ($216M), Poland ($140M), and Italy ($120M).

Imports In 2023 the top importers of Dairy Machinery were Germany ($240M), France ($209M), United States ($125M), Russia ($123M), and Denmark ($101M).

Ranking Dairy Machinery ranks 231st in the Product Complexity Index (PCI).

Description Milking machines are used to milk cows. They can be made from a variety of materials, including stainless steel and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Dairy Machinery. 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)Netherlands$552M
Top Destination (2023)Germany$240M

In 2023 Dairy Machinery were the world's 716th most traded product (out of 1,217).

In 2023, the top exporters of Dairy Machinery were Netherlands ($552M), Germany ($344M), Sweden ($216M), Poland ($140M), and Italy ($120M).

In 2023, the top importers of Dairy Machinery were Germany ($240M), France ($209M), United States ($125M), Russia ($123M), and Denmark ($101M).

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Exporters of Dairy Machinery (2023)
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Importers of Dairy Machinery (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$103M
Top Destination Growth (2022 -  2023)France$62.1M

Between 2022 and 2023, the exports of Dairy Machinery grew the fastest in Netherlands ($103M), Poland ($48.1M), Germany ($47.4M), Bulgaria ($28.7M), and Sweden ($20.4M).

Between 2022 and 2023, the fastest growing importers of Dairy Machinery were France ($62.1M), Belarus ($59.6M), Germany ($32.2M), Russia ($26.9M), and United Kingdom ($25.6M).

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Exporters of Dairy Machinery (2022 - 2023)

Importers of Dairy Machinery (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Dairy Machinery.

In 2023, market concentration measured using Shannon Entropy, was 4.24. This means that most of the exports of Dairy Machinery are explained by 18 countries.

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Value of Exports in Dairy Machinery

Net Trade

TOP NET EXPORTER (2023)Netherlands$451M
TOP NET IMPORTER (2023)France$135M

This map shows which countries export or import more of Dairy Machinery. Each country is colored based on the difference in exports and imports of Dairy Machinery during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Dairy Machinery were Netherlands ($451M), Sweden ($165M), Germany ($105M), Poland ($92M), and Israel ($57.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Dairy Machinery were France ($135M), Russia ($118M), Belarus ($87.8M), Canada ($70.2M), and Ireland ($32M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Dairy Machinery, disaggragated by their HS6 level were Parts of milking machines and dairy... ($1.02B), Milking machines ($805M), and Dairy machinery ($629M)

HS6 Disaggregation for Dairy Machinery (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Dairy Machinery.
It is possible to select the main countries that export or import Dairy Machinery in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Dairy Machinery by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $9.07M
TOP IMPORT POTENTIALGermany+ $4.82M

Dairy Machinery’s highest export potential is Germany. With an export gap of $9.07M.  Dairy Machinery’s highest import potential is Germany with an import gap of $4.82M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Dairy Machinery.

Country by Relatedness

The following visualization shows the relatedness of Dairy Machinery to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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