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843139 (Harmonized System 1992 for 6-digit)

2023
World Trade $11.3BRnk 321 / 4644
2023
Top Exporter | Top Importer $1.79B | $2.28BGermany | United States
2023
Product Complexity 1.12Rnk 592 / 4656
2022 - 2023
Export Growth (CAGR) 3.92%Rnk 1133 / 4644
2023
Share of World Trade 0.05%Rnk 321 / 4644

About

Overview This page contains the latest trade data of Parts of lifting/handling machinery nes. In 2023, Parts of lifting/handling machinery nes were the world's 321st most traded product, with a total trade of $11.3B. Between 2022 and 2023 the exports of Parts of lifting/handling machinery nes grew by 3.92%, from $10.8B to $11.3B. Trade in Parts of lifting/handling machinery nes represent 0.05% of total world trade.

Parts of lifting/handling machinery nes are a part of Excavation Machinery.

Exports In 2023 the top exporters of Parts of lifting/handling machinery nes  were Germany ($1.79B), China ($1.67B), United States ($1.02B), Italy ($611M), and Canada ($550M).

Imports In 2023 the top importers of Parts of lifting/handling machinery nes were United States ($2.28B), Germany ($896M), France ($577M), Canada ($538M), and United Kingdom ($395M).

Ranking Parts of lifting/handling machinery nes ranks 592nd in the Product Complexity Index (PCI).

Description Lifting/handling machinery is designed to carry goods or people by means of a mechanical system. They are used for a variety of purposes including storing, handling and transporting goods. What are the different types of lifting/handling machinery? There are many types of lifting/handling machinery and can be divided into many categories. For example, there are lifting machines for handling cargo, lifting machines for handling people and lifting machines for handling containers. What are the advantages of using lifting/handling machinery? Lifting/handling machinery can be used

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of lifting/handling machinery nes. 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)Germany$1.79B
Top Destination (2023)United States$2.28B

In 2023 Parts of lifting/handling machinery nes were the world's 321st most traded product (out of 4,644).

In 2023, the top exporters of Parts of lifting/handling machinery nes were Germany ($1.79B), China ($1.67B), United States ($1.02B), Italy ($611M), and Canada ($550M).

In 2023, the top importers of Parts of lifting/handling machinery nes were United States ($2.28B), Germany ($896M), France ($577M), Canada ($538M), and United Kingdom ($395M).

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Exporters of Parts of lifting/handling machinery nes (2023)
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Importers of Parts of lifting/handling machinery nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$101M
Top Destination Growth (2022 -  2023)France$75.9M

Between 2022 and 2023, the exports of Parts of lifting/handling machinery nes grew the fastest in Germany ($101M), Italy ($82.8M), Austria ($73.7M), China ($65.5M), and United States ($53.6M).

Between 2022 and 2023, the fastest growing importers of Parts of lifting/handling machinery nes were France ($75.9M), United Arab Emirates ($70.3M), Mexico ($62.3M), Poland ($58.7M), and Norway ($58.4M).

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Exporters of Parts of lifting/handling machinery nes (2022 - 2023)

Importers of Parts of lifting/handling machinery nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of lifting/handling machinery nes.

In 2023, market concentration measured using Shannon Entropy, was 4.51. This means that most of the exports of Parts of lifting/handling machinery nes are explained by 22 countries.

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Value of Exports in Parts of lifting/handling machinery nes

Net Trade

TOP NET EXPORTER (2023)China$1.38B
TOP NET IMPORTER (2023)United States$1.26B

This map shows which countries export or import more of Parts of lifting/handling machinery nes. Each country is colored based on the difference in exports and imports of Parts of lifting/handling machinery nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts of lifting/handling machinery nes were China ($1.38B), Germany ($895M), Italy ($318M), Japan ($252M), and Austria ($214M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of lifting/handling machinery nes were United States ($1.26B), United Kingdom ($245M), France ($220M), Australia ($192M), and Indonesia ($156M).

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 lifting/handling machinery nes.
It is possible to select the main countries that export or import Parts of lifting/handling machinery nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts of lifting/handling machinery nes 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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