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841960 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.39BRnk 1841 / 4648
2022
Top Exporter | Top Importer $376M | $223MChina | Canada
2022
Product Complexity 0.31Rnk 1992 / 4653
2021 - 2022
Export Growth (CAGR) -20.6%Rnk 4341 / 4648
2022
Share of World Trade 0.0059%Rnk 1841 / 4648

About

Overview This page contains the latest trade data of Machinery for liquefying air or other gases. In 2022, Machinery for liquefying air or other gases were the world's 1841st most traded product, with a total trade of $1.39B. Between 2021 and 2022 the exports of Machinery for liquefying air or other gases decreased by -20.6%, from $1.75B to $1.39B. Trade in Machinery for liquefying air or other gases represent 0.0059% of total world trade.

Machinery for liquefying air or other gases are a part of Other Heating Machinery.

Exports In 2022 the top exporters of Machinery for liquefying air or other gases  were China ($376M), India ($178M), United Arab Emirates ($130M), Italy ($108M), and United States ($93.9M).

Imports In 2022 the top importers of Machinery for liquefying air or other gases were Canada ($223M), South Korea ($172M), Singapore ($162M), United States ($73.9M), and China ($72M).

Ranking Machinery for liquefying air or other gases ranks 1992nd in the Product Complexity Index (PCI).

Description Machinery that liquefies air or other gases can be used in scientific experiments and to produce items such as oxygen.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Machinery for liquefying air or other gases. 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$376M
Top Destination (2022)Canada$223M

In 2022 Machinery for liquefying air or other gases were the world's 1841st most traded product (out of 4,648).

In 2022, the top exporters of Machinery for liquefying air or other gases were China ($376M), India ($178M), United Arab Emirates ($130M), Italy ($108M), and United States ($93.9M).

In 2022, the top importers of Machinery for liquefying air or other gases were Canada ($223M), South Korea ($172M), Singapore ($162M), United States ($73.9M), and China ($72M).

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Exporters of Machinery for liquefying air or other gases (2022)
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Importers of Machinery for liquefying air or other gases (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$88.3M
Top Destination Growth (2021 -  2022)Canada$173M

Between 2021 and 2022, the exports of Machinery for liquefying air or other gases grew the fastest in India ($88.3M), United Arab Emirates ($51.4M), Indonesia ($37.6M), Brazil ($33M), and Italy ($22.4M).

Between 2021 and 2022, the fastest growing importers of Machinery for liquefying air or other gases were Canada ($173M), South Korea ($98.6M), Turkey ($30.8M), Kuwait ($28.3M), and Egypt ($24.2M).

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Exporters of Machinery for liquefying air or other gases (2021 - 2022)

Importers of Machinery for liquefying air or other gases (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machinery for liquefying air or other gases.

In 2022, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Machinery for liquefying air or other gases are explained by 13 countries.

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Value of Exports in Machinery for liquefying air or other gases

Net Trade

TOP NET EXPORTER (2022)China$304M
TOP NET IMPORTER (2022)Canada$212M

This map shows which countries export or import more of Machinery for liquefying air or other gases. Each country is colored based on the difference in exports and imports of Machinery for liquefying air or other gases during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machinery for liquefying air or other gases were China ($304M), India ($137M), United Arab Emirates ($94.3M), Italy ($91.8M), and Netherlands ($60.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Machinery for liquefying air or other gases were Canada ($212M), South Korea ($162M), Singapore ($73.9M), Turkey ($50.2M), and Russia ($37.5M).

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 Machinery for liquefying air or other gases.
It is possible to select the main countries that export or import Machinery for liquefying air or other gases in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machinery for liquefying air or other gases 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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