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847690 (Harmonized System 1992 for 6-digit)

2022
World Trade $756MRnk 2487 / 4648
2022
Top Exporter | Top Importer $204M | $143MChina | United States
2022
Product Complexity 0.64Rnk 1379 / 4653
2021 - 2022
Export Growth (CAGR) 21.1%Rnk 738 / 4648
2022
Share of World Trade 0.0032%Rnk 2487 / 4648

About

Overview This page contains the latest trade data of Parts of automatic goods-vending machinery. In 2022, Parts of automatic goods-vending machinery were the world's 2487th most traded product, with a total trade of $756M. Between 2021 and 2022 the exports of Parts of automatic goods-vending machinery grew by 21.1%, from $625M to $756M. Trade in Parts of automatic goods-vending machinery represent 0.0032% of total world trade.

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

Exports In 2022 the top exporters of Parts of automatic goods-vending machinery  were China ($204M), Italy ($109M), Canada ($39M), Israel ($35.4M), and Hong Kong ($32.4M).

Imports In 2022 the top importers of Parts of automatic goods-vending machinery were United States ($143M), Mexico ($72.7M), Japan ($65.7M), Germany ($46M), and Hong Kong ($44.2M).

Ranking Parts of automatic goods-vending machinery ranks 1379th 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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Y-AXIS SCALE

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 (2022)China$204M
Top Destination (2022)United States$143M

In 2022 Parts of automatic goods-vending machinery were the world's 2487th most traded product (out of 4,648).

In 2022, the top exporters of Parts of automatic goods-vending machinery were China ($204M), Italy ($109M), Canada ($39M), Israel ($35.4M), and Hong Kong ($32.4M).

In 2022, the top importers of Parts of automatic goods-vending machinery were United States ($143M), Mexico ($72.7M), Japan ($65.7M), Germany ($46M), and Hong Kong ($44.2M).

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Exporters of Parts of automatic goods-vending machinery (2022)
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Importers of Parts of automatic goods-vending machinery (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$65.2M
Top Destination Growth (2021 -  2022)United States$35.7M

Between 2021 and 2022, the exports of Parts of automatic goods-vending machinery grew the fastest in China ($65.2M), Philippines ($11.9M), Chinese Taipei ($9.64M), Czechia ($7.36M), and United States ($6.39M).

Between 2021 and 2022, the fastest growing importers of Parts of automatic goods-vending machinery were United States ($35.7M), Japan ($18.8M), Hong Kong ($14.2M), Mexico ($11M), and Germany ($10.4M).

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Exporters of Parts of automatic goods-vending machinery (2021 - 2022)

Importers of Parts of automatic goods-vending machinery (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.14. This means that most of the exports of Parts of automatic goods-vending machinery are explained by 17 countries.

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Value of Exports in Parts of automatic goods-vending machinery

Net Trade

TOP NET EXPORTER (2022)China$190M
TOP NET IMPORTER (2022)United States$114M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts of automatic goods-vending machinery were China ($190M), Italy ($93.7M), Israel ($33.5M), Chinese Taipei ($24.5M), and Canada ($22.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts of automatic goods-vending machinery were United States ($114M), Japan ($60.7M), Mexico ($52.3M), Germany ($29M), and United Kingdom ($27.1M).

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 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 (2022)

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