HS Icon Tensile Testing Machines

Machines and appliances for testing the hardness, strength, compressibility, elasticity of other mechanical properties of materials (e.g. metals, wood, textiles, paper, plastics)

9024 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Tensile Testing Machines. In 2021, Tensile Testing Machines were the world's 711th most traded product, with a total trade of $2.44B. Between 2020 and 2021 the exports of Tensile Testing Machines grew by 10.1%, from $2.22B to $2.44B. Trade in Tensile Testing Machines represent 0.012% of total world trade.

Tensile Testing Machines are a part of Optical, photo, & film equipment; medical instruments. They include Machines for testing mechanical properties nes, Machines for testing mechanical properties of metals, and Parts and accessories of material testing equipment.

Exports In 2021 the top exporters of Tensile Testing Machines  were United States ($604M), Germany ($485M), United Kingdom ($226M), China ($165M), and Italy ($149M).

Imports In 2021 the top importers of Tensile Testing Machines were China ($431M), United States ($218M), Germany ($157M), South Korea ($107M), and India ($92.1M).

Tariffs In 2018 the average tariff for Tensile Testing Machines was 4.56%, making it the 909th lowest tariff using the HS4 product classification.

Ranking Tensile Testing Machines ranks 72nd in the Product Complexity Index (PCI).

Description These machines are used to test the hardness, strength, compressibility, elasticity or other mechanical properties of materials. They can be made from a variety of materials, including steel and aluminum.

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Y-AXIS SCALE

The following visualization shows the latest trends on Tensile Testing Machines. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): United States, $604M

Top Destination (2021): China, $431M

Tensile Testing Machines are the world's 711th most traded product.

In 2021, the top exporters of Tensile Testing Machines were United States ($604M), Germany ($485M), United Kingdom ($226M), China ($165M), and Italy ($149M).

In 2021, the top importers of Tensile Testing Machines were China ($431M), United States ($218M), Germany ($157M), South Korea ($107M), and India ($92.1M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): United Kingdom, $30.6M

Top Destination Growth (2020 -  2021): United States, $31.6M

Between 2020 and 2021, the exports of Tensile Testing Machines grew the fastest in United Kingdom ($30.6M), United States ($30.3M), Italy ($29.6M), Germany ($28.8M), and Malaysia ($28M).

Between 2020 and 2021, the fastest growing importers of Tensile Testing Machines were United States ($31.6M), China ($31.4M), Japan ($21.4M), India ($16.6M), and Mexico ($13.8M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Tensile Testing Machines.

In 2021, market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Tensile Testing Machines are explained by 14 countries.

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TOP NET EXPORTER (2021): United States, $387M

TOP NET IMPORTER (2021): China, $266M

This map shows which countries export or import more of Tensile Testing Machines. Each country is colored based on the difference in exports and imports of Tensile Testing Machines during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Tensile Testing Machines were United States ($387M), Germany ($328M), United Kingdom ($152M), Italy ($104M), and Switzerland ($64M).

In 2021, the countries that had a largest trade value in imports than in exports of Tensile Testing Machines were China ($266M), South Korea ($74M), India ($69.1M), Russia ($59.6M), and Mexico ($56.9M).

Disaggregation

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Value

In 2021, the world most traded Tensile Testing Machines, disaggragated by their HS6 level were Machines for testing mechanical properties nes ($1.27B), Machines for testing mechanical properties of... ($632M), and Parts and accessories of material testing... ($548M)

Country Comparison

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Measure
Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Tensile Testing Machines to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.