HS Icon Industrial Printers

8443 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Industrial Printers. In 2019, Industrial Printers were the world's 65th most traded product, with a total trade of $52.6B. Between 2018 and 2019 the exports of Industrial Printers decreased by -7.93%, from $57.2B to $52.6B. Trade in Industrial Printers represent 0.29% of total world trade.

Exports: In 2019 the top exporters of Industrial Printers  were China ($9.59B), Japan ($9.56B), Germany ($7.16B), Netherlands ($4.26B), and Malaysia ($3.06B).

Imports: In 2019 the top importers of Industrial Printers were United States ($8.37B), Netherlands ($4.74B), Germany ($4.56B), China ($3.42B), and Hong Kong ($2.35B).

Tariffs: In 2018 the average tariff for Industrial Printers was 4.09%, making it the 974th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Industrial Printers are Bahamas (29%), Bermuda (18.1%), Cambodia (15%), Uzbekistan (14.4%), and Romania (12.9%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), Zambia (0%), Hong Kong (0%), and Japan (0%).

Ranking: Industrial Printers ranks 61st in the Product Complexity Index (PCI).

Description: Printing machinery is used to print on a variety of different materials, including paper, cardboard, plastic, and metal. Printers are used to print documents on paper. Copying machines are used to copy documents onto paper. Facsimile machines are used to send and receive faxes.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $9.59B

Top Destination (2019): United States, $8.37B

Industrial Printers are the world's 65th most traded product.

In 2019, the top exporters of Industrial Printers were China ($9.59B), Japan ($9.56B), Germany ($7.16B), Netherlands ($4.26B), and Malaysia ($3.06B).

In 2019, the top importers of Industrial Printers were United States ($8.37B), Netherlands ($4.74B), Germany ($4.56B), China ($3.42B), and Hong Kong ($2.35B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Vietnam, $60.9M

Top Destination Growth (2018 - 2019): Mexico, $63.7M

Between 2018 and 2019, the exports of Industrial Printers grew the fastest in Vietnam ($60.9M), Poland ($47.2M), Austria ($23.3M), Indonesia ($23.1M), and Ireland ($23.1M).

Between 2018 and 2019, the fastest growing importers of Industrial Printers were Mexico ($63.7M), Cambodia ($44M), Bulgaria ($24.6M), Japan ($24.5M), and China ($22.5M).

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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 Industrial Printers.

In 2019,  market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Industrial Printers are explained by 16 countries.

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TOP NET EXPORTER (2019): Japan, $7.72B

TOP NET IMPORTER (2019): United States, $5.53B

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

In 2019, the countries that had a largest trade value in exports than in imports of Industrial Printers were Japan ($7.72B), China ($6.18B), Germany ($2.6B), Malaysia ($2.46B), and Singapore ($872M).

In 2019, the countries that had a largest trade value in imports than in exports of Industrial Printers were United States ($5.53B), Hong Kong ($1.86B), France ($1.35B), Canada ($905M), and United Kingdom ($687M).

Disaggregation

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Value

In 2019, the world most traded Industrial Printers, disaggragated by their HS6 level were Parts of printing machinery and ancillary... ($45.8B), Offset printing machinery nes ($2.7B), Printing machinery nes ($1.99B), Flexographic printing machinery ($1.23B), and Reel fed offset printing machinery ($431M)

Import Tariffs

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In 2018, the average tariff for importing Industrial Printers was 4.09%. The countries with the highest tariffs for importing Industrial Printers were Bahamas (29%), Bermuda (18.1%), Cambodia (15%), Uzbekistan (14.4%), and Romania (12.9%).

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 Industrial Printers to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.