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843340 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.54BRnk 1655 / 4644
2023
Top Exporter | Top Importer $329M | $193MGermany | United States
2023
Product Complexity 0.77Rnk 1156 / 4656
2022 - 2023
Export Growth (CAGR) 0.025%Rnk 1547 / 4644
2023
Share of World Trade 0.0068%Rnk 1655 / 4644

About

Overview This page contains the latest trade data of Straw or fodder balers, including pick-up balers. In 2023, Straw or fodder balers, including pick-up balers were the world's 1655th most traded product, with a total trade of $1.54B. Between 2022 and 2023 the exports of Straw or fodder balers, including pick-up balers grew by 0.025%, from $1.54B to $1.54B. Trade in Straw or fodder balers, including pick-up balers represent 0.0068% of total world trade.

Straw or fodder balers, including pick-up balers are a part of Harvesting Machinery.

Exports In 2023 the top exporters of Straw or fodder balers, including pick-up balers  were Germany ($329M), United States ($194M), France ($186M), Belgium ($119M), and Netherlands ($111M).

Imports In 2023 the top importers of Straw or fodder balers, including pick-up balers were United States ($193M), France ($125M), Canada ($116M), Germany ($92M), and United Kingdom ($71.3M).

Ranking Straw or fodder balers, including pick-up balers ranks 1156th in the Product Complexity Index (PCI).

Description Straw and fodder balers are machines for baling straw and hay bales. The bales are made by taking a wire or plastic band and tying it around the bundle of stalks with a series of tight wrappings to make a bale of straw or hay.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Straw or fodder balers, including pick-up balers. 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$329M
Top Destination (2023)United States$193M

In 2023 Straw or fodder balers, including pick-up balers were the world's 1655th most traded product (out of 4,644).

In 2023, the top exporters of Straw or fodder balers, including pick-up balers were Germany ($329M), United States ($194M), France ($186M), Belgium ($119M), and Netherlands ($111M).

In 2023, the top importers of Straw or fodder balers, including pick-up balers were United States ($193M), France ($125M), Canada ($116M), Germany ($92M), and United Kingdom ($71.3M).

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Exporters of Straw or fodder balers, including pick-up balers (2023)
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Importers of Straw or fodder balers, including pick-up balers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$19.6M
Top Destination Growth (2022 -  2023)United States$34.1M

Between 2022 and 2023, the exports of Straw or fodder balers, including pick-up balers grew the fastest in Germany ($19.6M), Poland ($18.3M), Hungary ($11.3M), Japan ($5.21M), and Netherlands ($5.06M).

Between 2022 and 2023, the fastest growing importers of Straw or fodder balers, including pick-up balers were United States ($34.1M), Turkey ($17.5M), South Korea ($16.4M), India ($14M), and Ireland ($10.8M).

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Exporters of Straw or fodder balers, including pick-up balers (2022 - 2023)

Importers of Straw or fodder balers, including pick-up balers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Straw or fodder balers, including pick-up balers.

In 2023, market concentration measured using Shannon Entropy, was 3.84. This means that most of the exports of Straw or fodder balers, including pick-up balers are explained by 14 countries.

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Value of Exports in Straw or fodder balers, including pick-up balers

Net Trade

TOP NET EXPORTER (2023)Germany$237M
TOP NET IMPORTER (2023)Canada$103M

This map shows which countries export or import more of Straw or fodder balers, including pick-up balers. Each country is colored based on the difference in exports and imports of Straw or fodder balers, including pick-up balers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Straw or fodder balers, including pick-up balers were Germany ($237M), Belgium ($98.1M), Netherlands ($97M), Ireland ($75.2M), and France ($60.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Straw or fodder balers, including pick-up balers were Canada ($103M), United Kingdom ($54.7M), Australia ($53M), South Korea ($37.5M), and Russia ($26.9M).

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 Straw or fodder balers, including pick-up balers.
It is possible to select the main countries that export or import Straw or fodder balers, including pick-up balers in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Straw or fodder balers, including pick-up balers 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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