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Office machines; not elsewhere classified

8472 (Harmonized System 1992 for 4-digit)

2023
World Trade $4.55BRnk 571 / 1217
2023
Top Exporter | Top Importer $1.19B | $1.01BChina | United States
2023
Product Complexity 0.89Rnk 213 / 1044
2022 - 2023
Export Growth (CAGR) -6.79%Rnk 632 / 1217
2023
Share of World Trade 0.02%Rnk 571 / 1217

About

Overview This page contains the latest trade data of Other Office Machines. In 2023, Other Office Machines were the world's 571st most traded product, with a total trade of $4.55B. Between 2022 and 2023 the exports of Other Office Machines decreased by -6.79%, from $4.88B to $4.55B. Trade in Other Office Machines represent 0.02% of total world trade.

Other Office Machines are a part of Machinery, mechanical appliances, & parts. They include Office machines, nes, Machinery for processing mail of all kinds, Office duplicating machines, and Addressing machines, address plate embossing machines.

Exports In 2023 the top exporters of Other Office Machines  were China ($1.19B), Germany ($652M), India ($433M), South Korea ($308M), and Hungary ($263M).

Imports In 2023 the top importers of Other Office Machines were United States ($1.01B), Germany ($242M), France ($176M), Japan ($163M), and Mexico ($157M).

Ranking Other Office Machines ranks 213th in the Product Complexity Index (PCI).

Description Office machines are used to help people do their work. They can be made from a variety of materials, including wood, metal, plastic, and other materials.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other Office Machines. 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)China$1.19B
Top Destination (2023)United States$1.01B

In 2023 Other Office Machines were the world's 571st most traded product (out of 1,217).

In 2023, the top exporters of Other Office Machines were China ($1.19B), Germany ($652M), India ($433M), South Korea ($308M), and Hungary ($263M).

In 2023, the top importers of Other Office Machines were United States ($1.01B), Germany ($242M), France ($176M), Japan ($163M), and Mexico ($157M).

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Exporters of Other Office Machines (2023)
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Importers of Other Office Machines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$61M
Top Destination Growth (2022 -  2023)Turkey$71.2M

Between 2022 and 2023, the exports of Other Office Machines grew the fastest in Vietnam ($61M), India ($60M), Philippines ($29.9M), Germany ($13.3M), and Lithuania ($13.1M).

Between 2022 and 2023, the fastest growing importers of Other Office Machines were Turkey ($71.2M), Ethiopia ($16.5M), Austria ($16.4M), Lithuania ($16.4M), and United Arab Emirates ($13.6M).

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Exporters of Other Office Machines (2022 - 2023)

Importers of Other Office Machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Office Machines.

In 2023, market concentration measured using Shannon Entropy, was 3.94. This means that most of the exports of Other Office Machines are explained by 15 countries.

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Value of Exports in Other Office Machines

Net Trade

TOP NET EXPORTER (2023)China$1.17B
TOP NET IMPORTER (2023)United States$910M

This map shows which countries export or import more of Other Office Machines. Each country is colored based on the difference in exports and imports of Other Office Machines during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Office Machines were China ($1.17B), Germany ($411M), India ($353M), South Korea ($277M), and Hungary ($247M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Office Machines were United States ($910M), Turkey ($149M), France ($145M), Indonesia ($82.6M), and Russia ($81.3M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Other Office Machines, disaggragated by their HS6 level were Office machines, nes ($4.28B), Machinery for processing mail of all... ($213M), and Office duplicating machines ($48.3M)

HS6 Disaggregation for Other Office Machines (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Other Office Machines by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $36.3M
TOP IMPORT POTENTIALSouth Korea+ $2.41M

Other Office Machines’s highest export potential is United States. With an export gap of $36.3M.  Other Office Machines’s highest import potential is South Korea with an import gap of $2.41M.

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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 (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Other Office Machines.

Country by Relatedness

The following visualization shows the relatedness of Other Office Machines to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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