Overview This page contains the latest trade data of Packing or wrapping machinery nes. In 2020, Packing or wrapping machinery nes were the world's 322nd most traded product, with a total trade of $9.14B. Between 2019 and 2020 the exports of Packing or wrapping machinery nes decreased by -0.69%, from $9.2B to $9.14B. Trade in Packing or wrapping machinery nes represent 0.055% of total world trade.
Packing or wrapping machinery nes are a part of Washing and Bottling Machines.
Exports In 2020 the top exporters of Packing or wrapping machinery nes were Italy ($2.59B), Germany ($1.99B), China ($592M), Switzerland ($401M), and Netherlands ($401M).
Imports In 2020 the top importers of Packing or wrapping machinery nes were United States ($1.56B), China ($552M), Germany ($432M), France ($369M), and Russia ($329M).
Tariffs In 2018 the average tariff for Packing or wrapping machinery nes was 4.3%, making it the 4779th lowest tariff using the HS6 product classification.
Ranking Packing or wrapping machinery nes ranks 1077th in the Product Complexity Index (PCI).
Description Packing or wrapping machinery is used for the packaging of products, which is an essential part of the manufacturing process. This equipment is used for a variety of reasons, such as to protect the product from damage, to keep the product clean, to allow the product to be stacked efficiently, or to make the packaging easier to transport.