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847510 (Harmonized System 1992 for 6-digit)

2023
World Trade $65MRnk 4244 / 4644
2023
Top Exporter | Top Importer $28.9M | $13.1MItaly | China
2023
Product Complexity 1.53Rnk 158 / 4656
2022 - 2023
Export Growth (CAGR) -31.9%Rnk 4287 / 4644
2023
Share of World Trade 0.00029%Rnk 4244 / 4644

About

Overview This page contains the latest trade data of Machines to assemble electric lamps, glass envelope. In 2023, Machines to assemble electric lamps, glass envelope were the world's 4244th most traded product, with a total trade of $65M. Between 2022 and 2023 the exports of Machines to assemble electric lamps, glass envelope decreased by -31.9%, from $95.5M to $65M. Trade in Machines to assemble electric lamps, glass envelope represent 0.00029% of total world trade.

Machines to assemble electric lamps, glass envelope are a part of Glass Working Machines.

Exports In 2023 the top exporters of Machines to assemble electric lamps, glass envelope  were Italy ($28.9M), China ($8.87M), United States ($6.34M), Germany ($5.48M), and France ($4.97M).

Imports In 2023 the top importers of Machines to assemble electric lamps, glass envelope were China ($13.1M), Mexico ($5.8M), Italy ($4.81M), Slovakia ($4.14M), and Netherlands ($4.02M).

Ranking Machines to assemble electric lamps, glass envelope ranks 158th in the Product Complexity Index (PCI).

Description The common use of machines to assemble electric lamps is to produce a lamp assembly by joining the lamp socket, wire lead, plug, and lamp bulb. Machines are used to insert the plug into the socket, then insert the bulb into the socket. The wire lead is then soldered to the bulb.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machines to assemble electric lamps, glass envelope. 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)Italy$28.9M
Top Destination (2023)China$13.1M

In 2023 Machines to assemble electric lamps, glass envelope were the world's 4244th most traded product (out of 4,644).

In 2023, the top exporters of Machines to assemble electric lamps, glass envelope were Italy ($28.9M), China ($8.87M), United States ($6.34M), Germany ($5.48M), and France ($4.97M).

In 2023, the top importers of Machines to assemble electric lamps, glass envelope were China ($13.1M), Mexico ($5.8M), Italy ($4.81M), Slovakia ($4.14M), and Netherlands ($4.02M).

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Exporters of Machines to assemble electric lamps, glass envelope (2023)
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Importers of Machines to assemble electric lamps, glass envelope (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$1.9M
Top Destination Growth (2022 -  2023)Netherlands$2.56M

Between 2022 and 2023, the exports of Machines to assemble electric lamps, glass envelope grew the fastest in France ($1.9M), Bahrain ($1.78M), United States ($922k), Germany ($819k), and Spain ($611k).

Between 2022 and 2023, the fastest growing importers of Machines to assemble electric lamps, glass envelope were Netherlands ($2.56M), Philippines ($1.62M), Georgia ($1.28M), United Arab Emirates ($1.26M), and Italy ($1.12M).

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Exporters of Machines to assemble electric lamps, glass envelope (2022 - 2023)

Importers of Machines to assemble electric lamps, glass envelope (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machines to assemble electric lamps, glass envelope.

In 2023, market concentration measured using Shannon Entropy, was 2.82. This means that most of the exports of Machines to assemble electric lamps, glass envelope are explained by 7 countries.

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Value of Exports in Machines to assemble electric lamps, glass envelope

Net Trade

TOP NET EXPORTER (2023)Italy$24.1M
TOP NET IMPORTER (2023)Mexico$5.76M

This map shows which countries export or import more of Machines to assemble electric lamps, glass envelope. Each country is colored based on the difference in exports and imports of Machines to assemble electric lamps, glass envelope during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machines to assemble electric lamps, glass envelope were Italy ($24.1M), Germany ($4.97M), France ($4.63M), United States ($3.83M), and United Kingdom ($1.98M).

In 2023, the countries that had a largest trade value in imports than in exports of Machines to assemble electric lamps, glass envelope were Mexico ($5.76M), China ($4.26M), Netherlands ($3.68M), Slovakia ($3.57M), and Hong Kong ($2.97M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Machines to assemble electric lamps, glass envelope.
It is possible to select the main countries that export or import Machines to assemble electric lamps, glass envelope in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machines to assemble electric lamps, glass envelope 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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