HS Icon Harvesting Machinery

8433 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Harvesting Machinery. In 2019, Harvesting Machinery were the world's 180th most traded product, with a total trade of $20.7B. Between 2018 and 2019 the exports of Harvesting Machinery decreased by -5.66%, from $22B to $20.7B. Trade in Harvesting Machinery represent 0.11% of total world trade.

Exports In 2019 the top exporters of Harvesting Machinery  were Germany ($3.69B), United States ($3.16B), China ($2.32B), Belgium ($1.36B), and Italy ($1.28B).

Imports In 2019 the top importers of Harvesting Machinery were United States ($2.52B), Germany ($1.93B), France ($1.91B), Canada ($1.37B), and United Kingdom ($988M).

Tariffs In 2018 the average tariff for Harvesting Machinery was 4.69%, making it the 879th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Harvesting Machinery are Bahamas (36.4%), Maldives (19.6%), Cameroon (13.4%), Gabon (13.4%), and Chad (13.4%). The countries with the lowest tariffs are Angola (0%), Mozambique (0%), Mauritius (0%), Hong Kong (0%), and Japan (0%).

Ranking Harvesting Machinery ranks 233rd in the Product Complexity Index (PCI).

Description Harvesting or threshing machinery is used to harvest crops. Machines for cleaning, sorting, and grading eggs are used to clean, sort, and grade eggs. Machines for cleaning, sorting, and grading fruit are used to clean, sort, and grade fruit.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $3.69B

Top Destination (2019): United States, $2.52B

Harvesting Machinery are the world's 180th most traded product.

In 2019, the top exporters of Harvesting Machinery were Germany ($3.69B), United States ($3.16B), China ($2.32B), Belgium ($1.36B), and Italy ($1.28B).

In 2019, the top importers of Harvesting Machinery were United States ($2.52B), Germany ($1.93B), France ($1.91B), Canada ($1.37B), and United Kingdom ($988M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $207M

Top Destination Growth (2018 - 2019): United States, $193M

Between 2018 and 2019, the exports of Harvesting Machinery grew the fastest in China ($207M), Mexico ($43.2M), Belarus ($11.1M), Bulgaria ($11M), and Switzerland ($7.73M).

Between 2018 and 2019, the fastest growing importers of Harvesting Machinery were United States ($193M), China ($67.4M), Kazakhstan ($47.6M), Brazil ($41.7M), and Uzbekistan ($33.6M).

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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 Harvesting Machinery.

In 2019,  market concentration measured using Shannon Entropy, was 4.26. This means that most of the exports of Harvesting Machinery are explained by 19 countries.

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TOP NET EXPORTER (2019): China, $1.9B

TOP NET IMPORTER (2019): Canada, $856M

This map shows which countries export or import more of Harvesting Machinery. Each country is colored based on the difference in exports and imports of Harvesting Machinery during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Harvesting Machinery were China ($1.9B), Germany ($1.76B), Italy ($732M), Belgium ($669M), and United States ($640M).

In 2019, the countries that had a largest trade value in imports than in exports of Harvesting Machinery were Canada ($856M), France ($806M), Australia ($631M), Russia ($431M), and United Kingdom ($411M).

Disaggregation

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Value

In 2019, the world most traded Harvesting Machinery, disaggragated by their HS6 level were Parts of agricultural machinery ($5.43B), Mowers, powered, lawn, with horizontal cutting... ($4.5B), Combine harvester-threshers ($3.84B), Harvesting machinery nes ($1.68B), and Hay etc mowers and cutter bars,... ($1.3B)

Import Tariffs

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In 2018, the average tariff for importing Harvesting Machinery was 4.69%. The countries with the highest tariffs for importing Harvesting Machinery were Bahamas (36.4%), Maldives (19.6%), Cameroon (13.4%), Gabon (13.4%), and Chad (13.4%).

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.

Country by Relatedness

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