HS Icon Filtering/purifying machinery for liquids nes

842129 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Filtering/purifying machinery for liquids nes. In 2019, Filtering/purifying machinery for liquids nes were the world's 319th most traded product, with a total trade of $9.6B. Between 2018 and 2019 the exports of Filtering/purifying machinery for liquids nes grew by 3.14%, from $9.31B to $9.6B. Trade in Filtering/purifying machinery for liquids nes represent 0.053% of total world trade.

Exports: In 2019 the top exporters of Filtering/purifying machinery for liquids nes  were Germany ($1.82B), United States ($1.82B), France ($809M), China ($785M), and Japan ($774M).

Imports: In 2019 the top importers of Filtering/purifying machinery for liquids nes were United States ($1.02B), China ($774M), Germany ($645M), France ($579M), and Belgium ($334M).

Tariffs: In 2018 the average tariff for Filtering/purifying machinery for liquids nes was 4.27%, making it the 4736th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Filtering/purifying machinery for liquids nes are Bahamas (40.2%), Bermuda (25%), Pakistan (20%), Maldives (19.6%), and Cambodia (15%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Ranking: Filtering/purifying machinery for liquids nes ranks 410th in the Product Complexity Index (PCI).

Description: The common uses of filtering machinery for liquids are to remove impurities from liquids such as water, beer, and wine. Filtering machinery includes a filter, an upper vessel, a lower vessel, and a filter cloth. The filter cloth is dipped in the upper vessel and the upper vessel is filled with the liquid to be filtered. The lower vessel is filled with water and the liquid filtered through the filter cloth. The liquid that has been filtered is collected in the lower vessel. An example of a filtering machinery is a coffee filter.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $1.82B

Top Destination (2019): United States, $1.02B

Filtering/purifying machinery for liquids nes are the world's 319th most traded product.

In 2019, the top exporters of Filtering/purifying machinery for liquids nes were Germany ($1.82B), United States ($1.82B), France ($809M), China ($785M), and Japan ($774M).

In 2019, the top importers of Filtering/purifying machinery for liquids nes were United States ($1.02B), China ($774M), Germany ($645M), France ($579M), and Belgium ($334M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $171M

Top Destination Growth (2018 - 2019): France, $66.3M

Between 2018 and 2019, the exports of Filtering/purifying machinery for liquids nes grew the fastest in United States ($171M), France ($166M), China ($67.2M), Mexico ($51.8M), and United Kingdom ($44.7M).

Between 2018 and 2019, the fastest growing importers of Filtering/purifying machinery for liquids nes were France ($66.3M), Switzerland ($53M), Denmark ($42.9M), Ireland ($42.7M), and Poland ($33.5M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Filtering/purifying machinery for liquids nes.

In 2019,  market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Filtering/purifying machinery for liquids nes are explained by 16 countries.

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TOP NET EXPORTER (2019): Germany, $1.17B

TOP NET IMPORTER (2019): Russia, $195M

This map shows which countries export or import more of Filtering/purifying machinery for liquids nes. Each country is colored based on the difference in exports and imports of Filtering/purifying machinery for liquids nes during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Filtering/purifying machinery for liquids nes were Germany ($1.17B), United States ($791M), Japan ($542M), United Kingdom ($335M), and France ($230M).

In 2019, the countries that had a largest trade value in imports than in exports of Filtering/purifying machinery for liquids nes were Russia ($195M), Switzerland ($181M), South Korea ($165M), Chinese Taipei ($142M), and Australia ($141M).

Import Tariffs

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In 2018, the average tariff for importing Filtering/purifying machinery for liquids nes was 4.27%. The countries with the highest tariffs for importing Filtering/purifying machinery for liquids nes were Bahamas (40.2%), Bermuda (25%), Pakistan (20%), Maldives (19.6%), 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.