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Pricing

Transmission shafts (including cam and crank) and cranks; bearing housings and plain shaft bearings; gears and gearing; ball or roller screws; gear boxes and other speed changers; flywheels and pulleys; clutches and shaft couplings

8483 (Harmonized System 1992 for 4-digit)

2023
World Trade $71.5BRnk 50 / 1217
2023
Top Exporter | Top Importer $13.5B | $10.9BGermany | United States
2023
Product Complexity 1.41Rnk 64 / 1044
2022 - 2023
Export Growth (CAGR) 3.89%Rnk 284 / 1217
2023
Share of World Trade 0.32%Rnk 50 / 1217

About

Overview This page contains the latest trade data of Transmissions. In 2023, Transmissions were the world's 50th most traded product, with a total trade of $71.5B. Between 2022 and 2023 the exports of Transmissions grew by 3.89%, from $68.8B to $71.5B. Trade in Transmissions represent 0.32% of total world trade.

Transmissions are a part of Machinery, mechanical appliances, & parts. They include Gearing, ball screws, speed changers, torque converte, Transmission shafts and cranks, cam and crank shafts, Parts of power transmission etc equipment, Flywheels and pulleys including pulley blocks, Bearing housings, shafts, without ball/roller bearing, Clutches, shaft couplings, universal joints, and Bearing housings etc incorporating ball/roller bearin.

Exports In 2023 the top exporters of Transmissions  were Germany ($13.5B), China ($11.2B), United States ($8.08B), Japan ($5.16B), and Italy ($5.1B).

Imports In 2023 the top importers of Transmissions were United States ($10.9B), Germany ($6.88B), China ($5.17B), Mexico ($3.74B), and Canada ($3.25B).

Ranking Transmissions ranks 64th in the Product Complexity Index (PCI).

Description Transmission shafts are used in the production of other goods. They can be made from a variety of materials, including steel, aluminum, and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Transmissions. 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$13.5B
Top Destination (2023)United States$10.9B

In 2023 Transmissions were the world's 50th most traded product (out of 1,217).

In 2023, the top exporters of Transmissions were Germany ($13.5B), China ($11.2B), United States ($8.08B), Japan ($5.16B), and Italy ($5.1B).

In 2023, the top importers of Transmissions were United States ($10.9B), Germany ($6.88B), China ($5.17B), Mexico ($3.74B), and Canada ($3.25B).

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Exporters of Transmissions (2023)
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Importers of Transmissions (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$1.28B
Top Destination Growth (2022 -  2023)Germany$449M

Between 2022 and 2023, the exports of Transmissions grew the fastest in Germany ($1.28B), United States ($691M), France ($363M), India ($305M), and Poland ($283M).

Between 2022 and 2023, the fastest growing importers of Transmissions were Germany ($449M), Poland ($408M), United Kingdom ($291M), Turkey ($242M), and Mexico ($153M).

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Exporters of Transmissions (2022 - 2023)

Importers of Transmissions (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Transmissions.

In 2023, market concentration measured using Shannon Entropy, was 4.22. This means that most of the exports of Transmissions are explained by 18 countries.

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Value of Exports in Transmissions

Net Trade

TOP NET EXPORTER (2023)Germany$6.6B
TOP NET IMPORTER (2023)United States$2.77B

This map shows which countries export or import more of Transmissions. Each country is colored based on the difference in exports and imports of Transmissions during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Transmissions were Germany ($6.6B), China ($6.08B), Japan ($3.36B), Italy ($2.85B), and Chinese Taipei ($1.21B).

In 2023, the countries that had a largest trade value in imports than in exports of Transmissions were United States ($2.77B), Mexico ($2.4B), Canada ($1.89B), Brazil ($1.62B), and Australia ($921M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Transmissions, disaggragated by their HS6 level were Gearing, ball screws, speed changers, torque... ($21.2B), Parts of power transmission etc equipment ($15.6B), Transmission shafts and cranks, cam and... ($14.4B), Bearing housings, shafts, without ball/roller bearing ($8.05B), and Flywheels and pulleys including pulley blocks ($7.12B)

HS6 Disaggregation for Transmissions (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Transmissions by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $162M
TOP IMPORT POTENTIALChina+ $367M

Transmissions’s highest export potential is China. With an export gap of $162M.  Transmissions’s highest import potential is China with an import gap of $367M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Transmissions.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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