HS Icon Continuous action goods conveyor or elevator (bucket)

842832 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Continuous action goods conveyor or elevator (bucket). In 2019, Continuous action goods conveyor or elevator (bucket) were the world's 3049th most traded product, with a total trade of $377M. Between 2018 and 2019 the exports of Continuous action goods conveyor or elevator (bucket) grew by 5.45%, from $357M to $377M. Trade in Continuous action goods conveyor or elevator (bucket) represent 0.0021% of total world trade.

Exports In 2019 the top exporters of Continuous action goods conveyor or elevator (bucket)  were China ($120M), Germany ($51M), Italy ($44.5M), United States ($15.8M), and Chinese Taipei ($12M).

Imports In 2019 the top importers of Continuous action goods conveyor or elevator (bucket) were Indonesia ($29.4M), United States ($24.2M), Vietnam ($18.2M), France ($16.3M), and Russia ($15M).

Tariffs In 2018 the average tariff for Continuous action goods conveyor or elevator (bucket) was 5.29%, making it the 3961st lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Continuous action goods conveyor or elevator (bucket) are Bahamas (40.2%), Bermuda (35%), Maldives (19.6%), Finland (15%), and Cambodia (15%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking Continuous action goods conveyor or elevator (bucket) ranks 961st in the Product Complexity Index (PCI).

Description A continuous action goods conveyor or elevator (bucket) is a machine used to move materials across a distance. They are used in many industrial settings, such as in factories where they are used to transport metal or plastic to a furnace.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $120M

Top Destination (2019): Indonesia, $29.4M

Continuous action goods conveyor or elevator (bucket) are the world's 3049th most traded product.

In 2019, the top exporters of Continuous action goods conveyor or elevator (bucket) were China ($120M), Germany ($51M), Italy ($44.5M), United States ($15.8M), and Chinese Taipei ($12M).

In 2019, the top importers of Continuous action goods conveyor or elevator (bucket) were Indonesia ($29.4M), United States ($24.2M), Vietnam ($18.2M), France ($16.3M), and Russia ($15M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $19M

Top Destination Growth (2018 - 2019): Indonesia, $15M

Between 2018 and 2019, the exports of Continuous action goods conveyor or elevator (bucket) grew the fastest in China ($19M), Italy ($15.7M), Germany ($11.6M), Chinese Taipei ($10.2M), and Austria ($6.06M).

Between 2018 and 2019, the fastest growing importers of Continuous action goods conveyor or elevator (bucket) were Indonesia ($15M), United States ($12.7M), Vietnam ($11.4M), Japan ($10.4M), and Algeria ($7.74M).

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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 Continuous action goods conveyor or elevator (bucket).

In 2019,  market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Continuous action goods conveyor or elevator (bucket) are explained by 14 countries.

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TOP NET EXPORTER (2019): China, $111M

TOP NET IMPORTER (2019): Indonesia, $28.9M

This map shows which countries export or import more of Continuous action goods conveyor or elevator (bucket). Each country is colored based on the difference in exports and imports of Continuous action goods conveyor or elevator (bucket) during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Continuous action goods conveyor or elevator (bucket) were China ($111M), Italy ($40.7M), Germany ($40.6M), Chinese Taipei ($10.2M), and Netherlands ($8.89M).

In 2019, the countries that had a largest trade value in imports than in exports of Continuous action goods conveyor or elevator (bucket) were Indonesia ($28.9M), Vietnam ($16.1M), France ($13.9M), Russia ($13.1M), and Philippines ($11.4M).

Import Tariffs

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In 2018, the average tariff for importing Continuous action goods conveyor or elevator (bucket) was 5.29%. The countries with the highest tariffs for importing Continuous action goods conveyor or elevator (bucket) were Bahamas (40.2%), Bermuda (35%), Maldives (19.6%), Finland (15%), and Cambodia (15%).

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.