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847690 (Harmonized System 1992 for 6-digit)

2023
World Trade $701MRnk 2499 / 4644
2023
Top Exporter | Top Importer $137M | $124MChina | United States
2023
Product Complexity 0.62Rnk 1444 / 4656
2022 - 2023
Export Growth (CAGR) -3.52%Rnk 1915 / 4644
2023
Share of World Trade 0.0031%Rnk 2499 / 4644

About

Overview This page contains the latest trade data of Parts of automatic goods-vending machinery. In 2023, Parts of automatic goods-vending machinery were the world's 2499th most traded product, with a total trade of $701M. Between 2022 and 2023 the exports of Parts of automatic goods-vending machinery decreased by -3.52%, from $727M to $701M. Trade in Parts of automatic goods-vending machinery represent 0.0031% of total world trade.

Parts of automatic goods-vending machinery are a part of Vending Machines.

Exports In 2023 the top exporters of Parts of automatic goods-vending machinery  were China ($137M), Italy ($104M), Germany ($53.2M), Canada ($40.7M), and Poland ($33.4M).

Imports In 2023 the top importers of Parts of automatic goods-vending machinery were United States ($124M), Japan ($66.8M), Hong Kong ($47.1M), Switzerland ($32.4M), and Spain ($30.7M).

Ranking Parts of automatic goods-vending machinery ranks 1444th in the Product Complexity Index (PCI).

Description The common uses of parts of automatic goods-vending machinery are introducing items, selecting items, dispensing items, and taking payment. These are the four main functions that are used in vending machines, and this is the main reason why they are so popular. Automatic goods-vending machinery is the future, and it will become more and more common as time goes on.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of automatic goods-vending 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 (2023)China$137M
Top Destination (2023)United States$124M

In 2023 Parts of automatic goods-vending machinery were the world's 2499th most traded product (out of 4,644).

In 2023, the top exporters of Parts of automatic goods-vending machinery were China ($137M), Italy ($104M), Germany ($53.2M), Canada ($40.7M), and Poland ($33.4M).

In 2023, the top importers of Parts of automatic goods-vending machinery were United States ($124M), Japan ($66.8M), Hong Kong ($47.1M), Switzerland ($32.4M), and Spain ($30.7M).

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Exporters of Parts of automatic goods-vending machinery (2023)
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Importers of Parts of automatic goods-vending machinery (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$23.2M
Top Destination Growth (2022 -  2023)China$11.3M

Between 2022 and 2023, the exports of Parts of automatic goods-vending machinery grew the fastest in Germany ($23.2M), Philippines ($8.61M), Spain ($7.97M), Canada ($7.23M), and Hungary ($5.47M).

Between 2022 and 2023, the fastest growing importers of Parts of automatic goods-vending machinery were China ($11.3M), Greece ($10.6M), Switzerland ($7.57M), Canada ($7.53M), and Netherlands ($7.19M).

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Exporters of Parts of automatic goods-vending machinery (2022 - 2023)

Importers of Parts of automatic goods-vending machinery (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of automatic goods-vending machinery.

In 2023, market concentration measured using Shannon Entropy, was 4.26. This means that most of the exports of Parts of automatic goods-vending machinery are explained by 19 countries.

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Value of Exports in Parts of automatic goods-vending machinery

Net Trade

TOP NET EXPORTER (2023)China$117M
TOP NET IMPORTER (2023)United States$90.8M

This map shows which countries export or import more of Parts of automatic goods-vending machinery. Each country is colored based on the difference in exports and imports of Parts of automatic goods-vending machinery during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts of automatic goods-vending machinery were China ($117M), Italy ($77.3M), Israel ($31.2M), Germany ($25.2M), and Poland ($23.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of automatic goods-vending machinery were United States ($90.8M), Japan ($62.8M), Switzerland ($24.3M), Hong Kong ($23.1M), and France ($18.7M).

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 Parts of automatic goods-vending machinery.
It is possible to select the main countries that export or import Parts of automatic goods-vending machinery in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts of automatic goods-vending 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 (2023)

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