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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)

2021
World Trade $2.44BRnk 711 / 1217
2021
Top Exporter | Top Importer $604M | $431MUnited States | China
2021
Product Complexity 1.38Rnk 72 / 1024
2020 - 2021
Export Growth (CAGR) 10.1%Rnk 982 / 1217
2018
Mean Tariff 4.56%Rnk 909 / 1259
2021
Share of World Trade 0.012%Rnk 711 / 1217

About

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.

Latest Trends

Latest Data

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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

Exporters and Importers

Top Origin (2021)United States$604M
Top Destination (2021)China$431M

In 2021 Tensile Testing Machines were the world's 711th most traded product (out of 1,217).

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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Exporters of Tensile Testing Machines (2021)
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Importers of Tensile Testing Machines (2021)
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Market Dynamics

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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Exporters of Tensile Testing Machines (2020 - 2021)

Importers of Tensile Testing Machines (2020 - 2021)

Market Concentration

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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Value of Exports in Tensile Testing Machines

Net Trade

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).

Net Trade (2021)

Disaggregation

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)

HS6 Disaggregation for Tensile Testing Machines (2021)
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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.

Top 10 Exporters Countries of Tensile Testing Machines 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 (2021)

Related Products

This visualization shows products that are likely to be exported by countries that export Tensile Testing Machines.

Country by Relatedness

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.

Relative Relatedness by Country (2021)

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