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903120 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.41BRnk 1751 / 4644
2023
Top Exporter | Top Importer $428M | $252MGermany | China
2023
Product Complexity 0.72Rnk 1249 / 4656
2022 - 2023
Export Growth (CAGR) 0.89%Rnk 1455 / 4644
2023
Share of World Trade 0.0062%Rnk 1751 / 4644

About

Overview This page contains the latest trade data of Test benches for measuring or checking equipment. In 2023, Test benches for measuring or checking equipment were the world's 1751st most traded product, with a total trade of $1.41B. Between 2022 and 2023 the exports of Test benches for measuring or checking equipment grew by 0.89%, from $1.4B to $1.41B. Trade in Test benches for measuring or checking equipment represent 0.0062% of total world trade.

Test benches for measuring or checking equipment are a part of Other Measuring Instruments.

Exports In 2023 the top exporters of Test benches for measuring or checking equipment  were Germany ($428M), Austria ($129M), Italy ($114M), United States ($112M), and China ($101M).

Imports In 2023 the top importers of Test benches for measuring or checking equipment were China ($252M), United States ($149M), Germany ($70.7M), Mexico ($65.6M), and India ($52.5M).

Ranking Test benches for measuring or checking equipment ranks 1249th in the Product Complexity Index (PCI).

Description Test benches are used in electronics to measure voltage, current, and resistance. They are also used in mechanical engineering to measure the torque and speed of a shaft or the fluid pressure of a pipe.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Test benches for measuring or checking equipment. 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$428M
Top Destination (2023)China$252M

In 2023 Test benches for measuring or checking equipment were the world's 1751st most traded product (out of 4,644).

In 2023, the top exporters of Test benches for measuring or checking equipment were Germany ($428M), Austria ($129M), Italy ($114M), United States ($112M), and China ($101M).

In 2023, the top importers of Test benches for measuring or checking equipment were China ($252M), United States ($149M), Germany ($70.7M), Mexico ($65.6M), and India ($52.5M).

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Exporters of Test benches for measuring or checking equipment (2023)
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Importers of Test benches for measuring or checking equipment (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$51.7M
Top Destination Growth (2022 -  2023)United States$51.3M

Between 2022 and 2023, the exports of Test benches for measuring or checking equipment grew the fastest in Germany ($51.7M), Switzerland ($13.8M), Czechia ($13.5M), France ($11.7M), and Slovakia ($8.16M).

Between 2022 and 2023, the fastest growing importers of Test benches for measuring or checking equipment were United States ($51.3M), Qatar ($26.5M), Mexico ($20.2M), Japan ($13.8M), and Spain ($11.7M).

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Exporters of Test benches for measuring or checking equipment (2022 - 2023)

Importers of Test benches for measuring or checking equipment (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Test benches for measuring or checking equipment.

In 2023, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Test benches for measuring or checking equipment are explained by 15 countries.

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Value of Exports in Test benches for measuring or checking equipment

Net Trade

TOP NET EXPORTER (2023)Germany$358M
TOP NET IMPORTER (2023)China$151M

This map shows which countries export or import more of Test benches for measuring or checking equipment. Each country is colored based on the difference in exports and imports of Test benches for measuring or checking equipment during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Test benches for measuring or checking equipment were Germany ($358M), Austria ($103M), Italy ($74.6M), France ($51.9M), and Czechia ($40.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Test benches for measuring or checking equipment were China ($151M), Mexico ($53.4M), United States ($37.4M), India ($35.8M), and Qatar ($30.4M).

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 Test benches for measuring or checking equipment.
It is possible to select the main countries that export or import Test benches for measuring or checking equipment in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Test benches for measuring or checking equipment 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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