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847950 (Harmonized System 1996 for 6-digit)

2023
World Trade $6.25BRnk 582 / 4766
2023
Top Exporter | Top Importer $1.85B | $1.17BJapan | China
2023
Product Complexity 1.55Rnk 149 / 4780
2022 - 2023
Export Growth (CAGR) 2.81%Rnk 1288 / 4766
2023
Share of World Trade 0.028%Rnk 582 / 4766

About

Overview This page contains the latest trade data of Industrial Robots and miscellaneous mechanical appliances. In 2023, Industrial Robots and miscellaneous mechanical appliances were the world's 582nd most traded product, with a total trade of $6.25B. Between 2022 and 2023 the exports of Industrial Robots and miscellaneous mechanical appliances grew by 2.81%, from $6.08B to $6.25B. Trade in Industrial Robots and miscellaneous mechanical appliances represent 0.028% of total world trade.

Industrial Robots and miscellaneous mechanical appliances are a part of Machinery and mechanical appliances; having individual functions, n.e.c. in this chapter.

Exports In 2023 the top exporters of Industrial Robots and miscellaneous mechanical appliances  were Japan ($1.85B), Germany ($883M), China ($560M), Sweden ($448M), and Denmark ($289M).

Imports In 2023 the top importers of Industrial Robots and miscellaneous mechanical appliances were China ($1.17B), United States ($671M), Germany ($545M), Italy ($262M), and South Korea ($251M).

Ranking Industrial Robots and miscellaneous mechanical appliances ranks 149th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Industrial Robots and miscellaneous mechanical appliances. 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)Japan$1.85B
Top Destination (2023)China$1.17B

In 2023 Industrial Robots and miscellaneous mechanical appliances were the world's 582nd most traded product (out of 4,766).

In 2023, the top exporters of Industrial Robots and miscellaneous mechanical appliances were Japan ($1.85B), Germany ($883M), China ($560M), Sweden ($448M), and Denmark ($289M).

In 2023, the top importers of Industrial Robots and miscellaneous mechanical appliances were China ($1.17B), United States ($671M), Germany ($545M), Italy ($262M), and South Korea ($251M).

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Exporters of Industrial Robots and miscellaneous mechanical appliances (2023)
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Importers of Industrial Robots and miscellaneous mechanical appliances (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Sweden$101M
Top Destination Growth (2022 -  2023)Germany$95.8M

Between 2022 and 2023, the exports of Industrial Robots and miscellaneous mechanical appliances grew the fastest in Sweden ($101M), Germany ($68.3M), China ($42.5M), Portugal ($26.6M), and Czechia ($24.9M).

Between 2022 and 2023, the fastest growing importers of Industrial Robots and miscellaneous mechanical appliances were Germany ($95.8M), South Korea ($68.6M), India ($64.5M), Mexico ($49.3M), and United Kingdom ($46M).

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Exporters of Industrial Robots and miscellaneous mechanical appliances (2022 - 2023)

Importers of Industrial Robots and miscellaneous mechanical appliances (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Industrial Robots and miscellaneous mechanical appliances.

In 2023, market concentration measured using Shannon Entropy, was 3.84. This means that most of the exports of Industrial Robots and miscellaneous mechanical appliances are explained by 14 countries.

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Value of Exports in Industrial Robots and miscellaneous mechanical appliances

Net Trade

TOP NET EXPORTER (2023)Japan$1.79B
TOP NET IMPORTER (2023)China$615M

This map shows which countries export or import more of Industrial Robots and miscellaneous mechanical appliances. Each country is colored based on the difference in exports and imports of Industrial Robots and miscellaneous mechanical appliances during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Industrial Robots and miscellaneous mechanical appliances were Japan ($1.79B), Sweden ($365M), Germany ($338M), Denmark ($251M), and France ($65.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Industrial Robots and miscellaneous mechanical appliances were China ($615M), United States ($445M), Mexico ($202M), India ($136M), and Czechia ($127M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Industrial Robots and miscellaneous mechanical appliances 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 (2023)

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