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843390 (Harmonized System 1992 for 6-digit)

2022
World Trade $7.92BRnk 501 / 4648
2022
Top Exporter | Top Importer $1.15B | $1.56BUnited States | United States
2022
Product Complexity 0.75Rnk 1191 / 4653
2021 - 2022
Export Growth (CAGR) 11.5%Rnk 1459 / 4648
2022
Share of World Trade 0.033%Rnk 501 / 4648

About

Overview This page contains the latest trade data of Parts of agricultural machinery. In 2022, Parts of agricultural machinery were the world's 501st most traded product, with a total trade of $7.92B. Between 2021 and 2022 the exports of Parts of agricultural machinery grew by 11.5%, from $7.1B to $7.92B. Trade in Parts of agricultural machinery represent 0.033% of total world trade.

Parts of agricultural machinery are a part of Harvesting Machinery.

Exports In 2022 the top exporters of Parts of agricultural machinery  were United States ($1.15B), Germany ($1.02B), China ($943M), Canada ($599M), and Italy ($419M).

Imports In 2022 the top importers of Parts of agricultural machinery were United States ($1.56B), Germany ($912M), France ($528M), Canada ($412M), and Belgium ($329M).

Ranking Parts of agricultural machinery ranks 1191st in the Product Complexity Index (PCI).

Description A tractor is used to pull a plow to break up the land for planting. A tractor can also be used to pull a harrow to level out the land. A tractor can also pull a cultivator to turn the soil and break up any clumps. A tractor can also pull a planter to place seed in the ground.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of agricultural machinery. 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)United States$1.15B
Top Destination (2022)United States$1.56B

In 2022 Parts of agricultural machinery were the world's 501st most traded product (out of 4,648).

In 2022, the top exporters of Parts of agricultural machinery were United States ($1.15B), Germany ($1.02B), China ($943M), Canada ($599M), and Italy ($419M).

In 2022, the top importers of Parts of agricultural machinery were United States ($1.56B), Germany ($912M), France ($528M), Canada ($412M), and Belgium ($329M).

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Exporters of Parts of agricultural machinery (2022)
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Importers of Parts of agricultural machinery (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$223M
Top Destination Decrease (2021 -  2022)Russia-$69.2M

Between 2021 and 2022, the exports of Parts of agricultural machinery grew the fastest in United States ($223M), Canada ($122M), China ($108M), France ($101M), and Poland ($61.9M).

Between 2021 and 2022, the fastest declining importers of Parts of agricultural machinery were Russia (-$69.2M), Ukraine (-$37.4M), Kazakhstan (-$29.4M), Hong Kong (-$20.1M), and China (-$14.4M).

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Exporters of Parts of agricultural machinery (2021 - 2022)

Importers of Parts of agricultural machinery (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of agricultural machinery.

In 2022, market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of Parts of agricultural machinery are explained by 19 countries.

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Value of Exports in Parts of agricultural machinery

Net Trade

TOP NET EXPORTER (2022)China$862M
TOP NET IMPORTER (2022)United States$408M

This map shows which countries export or import more of Parts of agricultural machinery. Each country is colored based on the difference in exports and imports of Parts of agricultural machinery during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts of agricultural machinery were China ($862M), Hungary ($305M), Czechia ($200M), Canada ($187M), and Poland ($182M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts of agricultural machinery were United States ($408M), Australia ($263M), Russia ($213M), Austria ($205M), and Argentina ($147M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Parts of agricultural machinery 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 (2022)

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