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Pricing

848350 (Harmonized System 1992 for 6-digit)

2022
World Trade $6.15BRnk 629 / 4648
2022
Top Exporter | Top Importer $1.32B | $752MGermany | United States
2022
Product Complexity 1.06Rnk 692 / 4653
2021 - 2022
Export Growth (CAGR) -1.33%Rnk 3174 / 4648
2022
Share of World Trade 0.026%Rnk 629 / 4648

About

Overview This page contains the latest trade data of Flywheels and pulleys including pulley blocks. In 2022, Flywheels and pulleys including pulley blocks were the world's 629th most traded product, with a total trade of $6.15B. Between 2021 and 2022 the exports of Flywheels and pulleys including pulley blocks decreased by -1.33%, from $6.24B to $6.15B. Trade in Flywheels and pulleys including pulley blocks represent 0.026% of total world trade.

Flywheels and pulleys including pulley blocks are a part of Transmissions.

Exports In 2022 the top exporters of Flywheels and pulleys including pulley blocks  were Germany ($1.32B), China ($999M), United States ($415M), Japan ($390M), and Italy ($382M).

Imports In 2022 the top importers of Flywheels and pulleys including pulley blocks were United States ($752M), Germany ($656M), France ($348M), Poland ($319M), and Mexico ($301M).

Ranking Flywheels and pulleys including pulley blocks ranks 692nd in the Product Complexity Index (PCI).

Description Flywheels are often used as a power supply to a system that can't afford to have fluctuations in power output. They are used in power sources, for example power plants, that have a constant demand for power. They reduce the fluctuations in the power output. Pulley blocks are a mechanical device that helps create a mechanical advantage.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Flywheels and pulleys including pulley blocks. 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)Germany$1.32B
Top Destination (2022)United States$752M

In 2022 Flywheels and pulleys including pulley blocks were the world's 629th most traded product (out of 4,648).

In 2022, the top exporters of Flywheels and pulleys including pulley blocks were Germany ($1.32B), China ($999M), United States ($415M), Japan ($390M), and Italy ($382M).

In 2022, the top importers of Flywheels and pulleys including pulley blocks were United States ($752M), Germany ($656M), France ($348M), Poland ($319M), and Mexico ($301M).

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Exporters of Flywheels and pulleys including pulley blocks (2022)
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Importers of Flywheels and pulleys including pulley blocks (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$156M
Top Destination Growth (2021 -  2022)United States$133M

Between 2021 and 2022, the exports of Flywheels and pulleys including pulley blocks grew the fastest in China ($156M), United States ($35.2M), Turkey ($32.5M), Italy ($26.9M), and Mexico ($24.8M).

Between 2021 and 2022, the fastest growing importers of Flywheels and pulleys including pulley blocks were United States ($133M), Turkey ($47.2M), Canada ($33.6M), United Kingdom ($30.2M), and Brazil ($23.8M).

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Exporters of Flywheels and pulleys including pulley blocks (2021 - 2022)

Importers of Flywheels and pulleys including pulley blocks (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Flywheels and pulleys including pulley blocks.

In 2022, market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Flywheels and pulleys including pulley blocks are explained by 17 countries.

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Value of Exports in Flywheels and pulleys including pulley blocks

Net Trade

TOP NET EXPORTER (2022)China$722M
TOP NET IMPORTER (2022)United States$337M

This map shows which countries export or import more of Flywheels and pulleys including pulley blocks. Each country is colored based on the difference in exports and imports of Flywheels and pulleys including pulley blocks during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Flywheels and pulleys including pulley blocks were China ($722M), Germany ($666M), Japan ($203M), South Korea ($150M), and Turkey ($118M).

In 2022, the countries that had a largest trade value in imports than in exports of Flywheels and pulleys including pulley blocks were United States ($337M), Mexico ($210M), Poland ($197M), United Kingdom ($159M), and Brazil ($100M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Flywheels and pulleys including pulley blocks 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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