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847910 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.29BRnk 1045 / 4644
2023
Top Exporter | Top Importer $1.54B | $685MGermany | United States
2023
Product Complexity 0.3Rnk 2029 / 4656
2022 - 2023
Export Growth (CAGR) 14.2%Rnk 471 / 4644
2023
Share of World Trade 0.015%Rnk 1045 / 4644

About

Overview This page contains the latest trade data of Machines for public works, building etc, nes. In 2023, Machines for public works, building etc, nes were the world's 1045th most traded product, with a total trade of $3.29B. Between 2022 and 2023 the exports of Machines for public works, building etc, nes grew by 14.2%, from $2.88B to $3.29B. Trade in Machines for public works, building etc, nes represent 0.015% of total world trade.

Machines for public works, building etc, nes are a part of Machinery Having Individual Functions.

Exports In 2023 the top exporters of Machines for public works, building etc, nes  were Germany ($1.54B), China ($341M), United States ($287M), Italy ($175M), and Netherlands ($121M).

Imports In 2023 the top importers of Machines for public works, building etc, nes were United States ($685M), France ($252M), Canada ($165M), United Kingdom ($160M), and Italy ($129M).

Ranking Machines for public works, building etc, nes ranks 2029th in the Product Complexity Index (PCI).

Description Machines for public works, building and other uses are used for various tasks. Machines such as excavators are used for construction and demolition of building.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machines for public works, building etc, 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 (2023)Germany$1.54B
Top Destination (2023)United States$685M

In 2023 Machines for public works, building etc, nes were the world's 1045th most traded product (out of 4,644).

In 2023, the top exporters of Machines for public works, building etc, nes were Germany ($1.54B), China ($341M), United States ($287M), Italy ($175M), and Netherlands ($121M).

In 2023, the top importers of Machines for public works, building etc, nes were United States ($685M), France ($252M), Canada ($165M), United Kingdom ($160M), and Italy ($129M).

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Exporters of Machines for public works, building etc, nes (2023)
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Importers of Machines for public works, building etc, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$128M
Top Destination Growth (2022 -  2023)United States$159M

Between 2022 and 2023, the exports of Machines for public works, building etc, nes grew the fastest in Germany ($128M), China ($84.8M), United States ($55.9M), Finland ($22.4M), and Sweden ($21.4M).

Between 2022 and 2023, the fastest growing importers of Machines for public works, building etc, nes were United States ($159M), Canada ($36.5M), United Kingdom ($29.6M), Brazil ($27M), and Italy ($24M).

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Exporters of Machines for public works, building etc, nes (2022 - 2023)

Importers of Machines for public works, building etc, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machines for public works, building etc, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.32. This means that most of the exports of Machines for public works, building etc, nes are explained by 9 countries.

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Value of Exports in Machines for public works, building etc, nes

Net Trade

TOP NET EXPORTER (2023)Germany$1.47B
TOP NET IMPORTER (2023)United States$398M

This map shows which countries export or import more of Machines for public works, building etc, nes. Each country is colored based on the difference in exports and imports of Machines for public works, building etc, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machines for public works, building etc, nes were Germany ($1.47B), China ($305M), Finland ($58.3M), Netherlands ($49.7M), and Italy ($46.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Machines for public works, building etc, nes were United States ($398M), France ($206M), Canada ($120M), United Kingdom ($112M), and Australia ($76.9M).

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 Machines for public works, building etc, nes.
It is possible to select the main countries that export or import Machines for public works, building etc, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machines for public works, building etc, 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 (2023)

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