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8487 (Harmonized System 2007 for 4-digit)

2022
World Trade $8.27BRnk 422 / 1221
2022
Top Exporter | Top Importer $1.58B | $898MGermany | United States
2022
Product Complexity 1.09Rnk 138 / 1031
2021 - 2022
Export Growth (CAGR) 9.81%Rnk 439 / 1221
2022
Share of World Trade 0.034%Rnk 422 / 1221

About

Overview This page contains the latest trade data of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.. In 2022, Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were the world's 422nd most traded product, with a total trade of $8.27B. Between 2021 and 2022 the exports of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. grew by 9.81%, from $7.53B to $8.27B. Trade in Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. represent 0.034% of total world trade.

Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. are a part of Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof. They include Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical... and Ships' or boats' propellers and blades therefor.

Exports In 2022 the top exporters of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.  were Germany ($1.58B), China ($1.14B), United States ($835M), Japan ($615M), and Chinese Taipei ($500M).

Imports In 2022 the top importers of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were United States ($898M), Germany ($761M), China ($706M), Liberia ($274M), and Netherlands ($273M).

Ranking Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. ranks 138th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.. 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$1.58B
Top Destination (2022)United States$898M

In 2022 Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were the world's 422nd most traded product (out of 1,221).

In 2022, the top exporters of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were Germany ($1.58B), China ($1.14B), United States ($835M), Japan ($615M), and Chinese Taipei ($500M).

In 2022, the top importers of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were United States ($898M), Germany ($761M), China ($706M), Liberia ($274M), and Netherlands ($273M).

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Exporters of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. (2022)
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Importers of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$218M
Top Destination Growth (2021 -  2022)Saudi Arabia$142M

Between 2021 and 2022, the exports of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. grew the fastest in United States ($218M), China ($88.3M), India ($77.3M), Germany ($71.5M), and Spain ($55.6M).

Between 2021 and 2022, the fastest growing importers of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were Saudi Arabia ($142M), United States ($115M), Germany ($63.6M), Belgium ($63.5M), and Canada ($49.8M).

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Exporters of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. (2021 - 2022)

Importers of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter..

In 2022, market concentration measured using Shannon Entropy, was 4.42. This means that most of the exports of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. are explained by 21 countries.

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Value of Exports in Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.

Net Trade

TOP NET EXPORTER (2022)Germany$820M
TOP NET IMPORTER (2022)Liberia$274M

This map shows which countries export or import more of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.. Each country is colored based on the difference in exports and imports of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were Germany ($820M), Chinese Taipei ($444M), China ($429M), Japan ($420M), and Italy ($123M).

In 2022, the countries that had a largest trade value in imports than in exports of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were Liberia ($274M), Saudi Arabia ($184M), Marshall Islands ($176M), Netherlands ($137M), and Singapore ($111M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Machinery parts, not containing electrical connectors,..., disaggragated by their HS6 level were Machinery parts: not containing electrical connectors,... ($7.32B) and Ships' or boats' propellers and blades... ($954M)

HS6 Disaggregation for Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. (2022)
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Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter..
It is possible to select the main countries that export or import Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. by percentage of total exports

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.1M
TOP IMPORT POTENTIALUnited States+ $19.4M

Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.’s highest export potential is United States. With an export gap of $30.1M.  Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.’s highest import potential is United States with an import gap of $19.4M.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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