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Pricing

841940 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.09BRnk 2095 / 4648
2022
Top Exporter | Top Importer $212M | $110MChina | United States
2022
Product Complexity 1.09Rnk 653 / 4653
2021 - 2022
Export Growth (CAGR) -20.5%Rnk 4339 / 4648
2022
Share of World Trade 0.0046%Rnk 2095 / 4648

About

Overview This page contains the latest trade data of Distilling or rectifying plant. In 2022, Distilling or rectifying plant were the world's 2095th most traded product, with a total trade of $1.09B. Between 2021 and 2022 the exports of Distilling or rectifying plant decreased by -20.5%, from $1.38B to $1.09B. Trade in Distilling or rectifying plant represent 0.0046% of total world trade.

Distilling or rectifying plant are a part of Other Heating Machinery.

Exports In 2022 the top exporters of Distilling or rectifying plant  were China ($212M), Germany ($142M), South Korea ($105M), India ($79.8M), and Italy ($65.5M).

Imports In 2022 the top importers of Distilling or rectifying plant were United States ($110M), China ($93.5M), Indonesia ($59.1M), Mexico ($51.6M), and Russia ($42.1M).

Ranking Distilling or rectifying plant ranks 653rd in the Product Complexity Index (PCI).

Description The main function of a distiller is to convert the liquid at a high boiling point (low boiling point) into a liquid at a lower boiling point (higher boiling point). For example, a plant that uses a column still will convert ethanol to a liquid with a boiling point of 95 degrees Celsius.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Distilling or rectifying plant. 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 (2022)China$212M
Top Destination (2022)United States$110M

In 2022 Distilling or rectifying plant were the world's 2095th most traded product (out of 4,648).

In 2022, the top exporters of Distilling or rectifying plant were China ($212M), Germany ($142M), South Korea ($105M), India ($79.8M), and Italy ($65.5M).

In 2022, the top importers of Distilling or rectifying plant were United States ($110M), China ($93.5M), Indonesia ($59.1M), Mexico ($51.6M), and Russia ($42.1M).

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Exporters of Distilling or rectifying plant (2022)
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Importers of Distilling or rectifying plant (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$27.1M
Top Destination Growth (2021 -  2022)Qatar$33.9M

Between 2021 and 2022, the exports of Distilling or rectifying plant grew the fastest in Brazil ($27.1M), Japan ($24.4M), Malaysia ($23.9M), Equatorial Guinea ($20.1M), and Chinese Taipei ($7.87M).

Between 2021 and 2022, the fastest growing importers of Distilling or rectifying plant were Qatar ($33.9M), Indonesia ($28.8M), Brazil ($21.9M), China ($21.4M), and Zambia ($20.1M).

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Exporters of Distilling or rectifying plant (2021 - 2022)

Importers of Distilling or rectifying plant (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Distilling or rectifying plant.

In 2022, market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Distilling or rectifying plant are explained by 18 countries.

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Value of Exports in Distilling or rectifying plant

Net Trade

TOP NET EXPORTER (2022)China$119M
TOP NET IMPORTER (2022)United States$61.8M

This map shows which countries export or import more of Distilling or rectifying plant. Each country is colored based on the difference in exports and imports of Distilling or rectifying plant during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Distilling or rectifying plant were China ($119M), Germany ($116M), South Korea ($84.4M), India ($50.3M), and Italy ($49.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Distilling or rectifying plant were United States ($61.8M), Indonesia ($56.1M), Mexico ($50.8M), Russia ($39M), and Qatar ($35.6M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Distilling or rectifying plant 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 (2022)

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