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Automatic goods-vending machines (e.g. postage stamp, cigarette, food or beverage machines), including money-changing machines

8476 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.84BRnk 800 / 1218
2022
Top Exporter | Top Importer $419M | $248MItaly | United States
2022
Product Complexity 0.82Rnk 243 / 1033
2021 - 2022
Export Growth (CAGR) 20%Rnk 182 / 1218
2022
Share of World Trade 0.0078%Rnk 800 / 1218

About

Overview This page contains the latest trade data of Vending Machines. In 2022, Vending Machines were the world's 800th most traded product, with a total trade of $1.84B. Between 2021 and 2022 the exports of Vending Machines grew by 20%, from $1.54B to $1.84B. Trade in Vending Machines represent 0.0078% of total world trade.

Vending Machines are a part of Machinery, mechanical appliances, & parts. They include Parts of automatic goods-vending machinery, Automatic food-vendors with heating or refrigeration, and Automatic goods-vending machines, non-food.

Exports In 2022 the top exporters of Vending Machines  were Italy ($419M), China ($384M), United States ($89.1M), Spain ($88.7M), and Germany ($74M).

Imports In 2022 the top importers of Vending Machines were United States ($248M), France ($149M), Germany ($137M), United Kingdom ($127M), and Mexico ($87.1M).

Ranking Vending Machines ranks 243rd in the Product Complexity Index (PCI).

Description Automatic goods-vending machines are used to vend products, such as cigarettes, food and beverages. They can be made from a variety of materials, including metal and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vending 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.

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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 (2022)Italy$419M
Top Destination (2022)United States$248M

In 2022 Vending Machines were the world's 800th most traded product (out of 1,218).

In 2022, the top exporters of Vending Machines were Italy ($419M), China ($384M), United States ($89.1M), Spain ($88.7M), and Germany ($74M).

In 2022, the top importers of Vending Machines were United States ($248M), France ($149M), Germany ($137M), United Kingdom ($127M), and Mexico ($87.1M).

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Exporters of Vending Machines (2022)
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Importers of Vending Machines (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$122M
Top Destination Growth (2021 -  2022)United States$64.7M

Between 2021 and 2022, the exports of Vending Machines grew the fastest in China ($122M), Italy ($44.2M), Poland ($36.8M), Switzerland ($22.4M), and United States ($21.7M).

Between 2021 and 2022, the fastest growing importers of Vending Machines were United States ($64.7M), France ($48.4M), United Kingdom ($42.8M), Japan ($20.8M), and Mexico ($20.7M).

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Exporters of Vending Machines (2021 - 2022)

Importers of Vending Machines (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vending Machines.

In 2022, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Vending Machines are explained by 17 countries.

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Value of Exports in Vending Machines

Net Trade

TOP NET EXPORTER (2022)Italy$387M
TOP NET IMPORTER (2022)United States$159M

This map shows which countries export or import more of Vending Machines. Each country is colored based on the difference in exports and imports of Vending Machines during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Vending Machines were Italy ($387M), China ($367M), Israel ($48.5M), Poland ($36.6M), and Chinese Taipei ($31.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Vending Machines were United States ($159M), France ($116M), United Kingdom ($84.9M), Japan ($73.3M), and Germany ($62.7M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Vending Machines, disaggragated by their HS6 level were Parts of automatic goods-vending machinery ($756M), Automatic food-vendors with heating or refrigeration ($600M), and Automatic goods-vending machines, non-food ($487M)

HS6 Disaggregation for Vending Machines (2022)
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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 Vending Machines.
It is possible to select the main countries that export or import Vending Machines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vending Machines by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $5.62M
TOP IMPORT POTENTIALChina+ $2.26M

Vending Machines’s highest export potential is United States. With an export gap of $5.62M.  Vending Machines’s highest import potential is China with an import gap of $2.26M.

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 (2022)

Related Products

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

Country by Relatedness

The following visualization shows the relatedness of Vending 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 (2022)

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