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842549 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.08BRnk 2020 / 4644
2023
Top Exporter | Top Importer $376M | $324MChina | United States
2023
Product Complexity 0.46Rnk 1736 / 4656
2022 - 2023
Export Growth (CAGR) -5.05%Rnk 2107 / 4644
2023
Share of World Trade 0.0048%Rnk 2020 / 4644

About

Overview This page contains the latest trade data of Jacks and hoists except hydraulic and garage hoists. In 2023, Jacks and hoists except hydraulic and garage hoists were the world's 2020th most traded product, with a total trade of $1.08B. Between 2022 and 2023 the exports of Jacks and hoists except hydraulic and garage hoists decreased by -5.05%, from $1.14B to $1.08B. Trade in Jacks and hoists except hydraulic and garage hoists represent 0.0048% of total world trade.

Jacks and hoists except hydraulic and garage hoists are a part of Pulley Systems.

Exports In 2023 the top exporters of Jacks and hoists except hydraulic and garage hoists  were China ($376M), Germany ($128M), Canada ($103M), United States ($87.8M), and France ($57.1M).

Imports In 2023 the top importers of Jacks and hoists except hydraulic and garage hoists were United States ($324M), Germany ($62.9M), Canada ($51.7M), United Kingdom ($43.5M), and Mexico ($38.6M).

Ranking Jacks and hoists except hydraulic and garage hoists ranks 1736th in the Product Complexity Index (PCI).

Description Jacks are used to lift or lower one end of an object. Hoists are devices used to lift a load by a wire rope. They consist of a stationary frame and a movable hoist drum.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Jacks and hoists except hydraulic and garage hoists. 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)China$376M
Top Destination (2023)United States$324M

In 2023 Jacks and hoists except hydraulic and garage hoists were the world's 2020th most traded product (out of 4,644).

In 2023, the top exporters of Jacks and hoists except hydraulic and garage hoists were China ($376M), Germany ($128M), Canada ($103M), United States ($87.8M), and France ($57.1M).

In 2023, the top importers of Jacks and hoists except hydraulic and garage hoists were United States ($324M), Germany ($62.9M), Canada ($51.7M), United Kingdom ($43.5M), and Mexico ($38.6M).

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Exporters of Jacks and hoists except hydraulic and garage hoists (2023)
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Importers of Jacks and hoists except hydraulic and garage hoists (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$12.4M
Top Destination Growth (2022 -  2023)Trinidad and Tobago$6.8M

Between 2022 and 2023, the exports of Jacks and hoists except hydraulic and garage hoists grew the fastest in United States ($12.4M), France ($11.8M), Guyana ($7.26M), Austria ($4.76M), and Germany ($4.26M).

Between 2022 and 2023, the fastest growing importers of Jacks and hoists except hydraulic and garage hoists were Trinidad and Tobago ($6.8M), Singapore ($5.68M), Spain ($3.97M), United Arab Emirates ($3.61M), and United Kingdom ($3.54M).

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Exporters of Jacks and hoists except hydraulic and garage hoists (2022 - 2023)

Importers of Jacks and hoists except hydraulic and garage hoists (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Jacks and hoists except hydraulic and garage hoists.

In 2023, market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Jacks and hoists except hydraulic and garage hoists are explained by 13 countries.

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Value of Exports in Jacks and hoists except hydraulic and garage hoists

Net Trade

TOP NET EXPORTER (2023)China$363M
TOP NET IMPORTER (2023)United States$236M

This map shows which countries export or import more of Jacks and hoists except hydraulic and garage hoists. Each country is colored based on the difference in exports and imports of Jacks and hoists except hydraulic and garage hoists during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Jacks and hoists except hydraulic and garage hoists were China ($363M), Germany ($65M), Canada ($50.9M), Italy ($24.4M), and France ($19.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Jacks and hoists except hydraulic and garage hoists were United States ($236M), Australia ($35.6M), United Kingdom ($32M), Mexico ($20.4M), and Poland ($17.6M).

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 Jacks and hoists except hydraulic and garage hoists.
It is possible to select the main countries that export or import Jacks and hoists except hydraulic and garage hoists in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Jacks and hoists except hydraulic and garage hoists 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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