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841989 (Harmonized System 1992 for 6-digit)

2022
World Trade $9.7BRnk 405 / 4648
2022
Top Exporter | Top Importer $1.79B | $1.19BChina | United States
2022
Product Complexity 0.88Rnk 954 / 4653
2021 - 2022
Export Growth (CAGR) -5.7%Rnk 3626 / 4648
2022
Share of World Trade 0.041%Rnk 405 / 4648

About

Overview This page contains the latest trade data of Machinery for treatment by temperature change nes. In 2022, Machinery for treatment by temperature change nes were the world's 405th most traded product, with a total trade of $9.7B. Between 2021 and 2022 the exports of Machinery for treatment by temperature change nes decreased by -5.7%, from $10.3B to $9.7B. Trade in Machinery for treatment by temperature change nes represent 0.041% of total world trade.

Machinery for treatment by temperature change nes are a part of Other Heating Machinery.

Exports In 2022 the top exporters of Machinery for treatment by temperature change nes  were China ($1.79B), Germany ($1.75B), United States ($890M), South Korea ($610M), and Italy ($564M).

Imports In 2022 the top importers of Machinery for treatment by temperature change nes were United States ($1.19B), China ($938M), Mexico ($519M), Germany ($493M), and Singapore ($340M).

Ranking Machinery for treatment by temperature change nes ranks 954th in the Product Complexity Index (PCI).

Description This category includes any other machinery not eslewhere specified in this category for the treatment of materials by a process involving a change of temperature such as heating, cooking, roasting, distilling, rectifying, sterilising, pasteurising, steaming, drying, evaporating, vaporising, condensing or cooling, other than machinery or plant of a kind used for domestic purposes; instantaneous or storage water heaters, non-electric.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machinery for treatment by temperature change nes. 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$1.79B
Top Destination (2022)United States$1.19B

In 2022 Machinery for treatment by temperature change nes were the world's 405th most traded product (out of 4,648).

In 2022, the top exporters of Machinery for treatment by temperature change nes were China ($1.79B), Germany ($1.75B), United States ($890M), South Korea ($610M), and Italy ($564M).

In 2022, the top importers of Machinery for treatment by temperature change nes were United States ($1.19B), China ($938M), Mexico ($519M), Germany ($493M), and Singapore ($340M).

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Exporters of Machinery for treatment by temperature change nes (2022)
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Importers of Machinery for treatment by temperature change nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$160M
Top Destination Growth (2021 -  2022)Mexico$257M

Between 2021 and 2022, the exports of Machinery for treatment by temperature change nes grew the fastest in United States ($160M), China ($118M), Malaysia ($104M), Indonesia ($46M), and India ($29.4M).

Between 2021 and 2022, the fastest growing importers of Machinery for treatment by temperature change nes were Mexico ($257M), Canada ($137M), Singapore ($135M), Saudi Arabia ($68.6M), and Turkey ($66.8M).

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Exporters of Machinery for treatment by temperature change nes (2021 - 2022)

Importers of Machinery for treatment by temperature change nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machinery for treatment by temperature change nes.

In 2022, market concentration measured using Shannon Entropy, was 4.28. This means that most of the exports of Machinery for treatment by temperature change nes are explained by 19 countries.

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Value of Exports in Machinery for treatment by temperature change nes

Net Trade

TOP NET EXPORTER (2022)Germany$1.26B
TOP NET IMPORTER (2022)Mexico$332M

This map shows which countries export or import more of Machinery for treatment by temperature change nes. Each country is colored based on the difference in exports and imports of Machinery for treatment by temperature change nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machinery for treatment by temperature change nes were Germany ($1.26B), China ($853M), Italy ($432M), South Korea ($288M), and Japan ($256M).

In 2022, the countries that had a largest trade value in imports than in exports of Machinery for treatment by temperature change nes were Mexico ($332M), United States ($299M), Indonesia ($226M), Russia ($186M), and Turkey ($150M).

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 treatment by temperature change nes.
It is possible to select the main countries that export or import Machinery for treatment by temperature change nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machinery for treatment by temperature change nes 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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