HS Icon Machines to sort, screen, wash stone, ores & minerals

847410 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Machines to sort, screen, wash stone, ores & minerals. In 2019, Machines to sort, screen, wash stone, ores & minerals were the world's 1128th most traded product, with a total trade of $2.47B. Between 2018 and 2019 the exports of Machines to sort, screen, wash stone, ores & minerals grew by 4.19%, from $2.37B to $2.47B. Trade in Machines to sort, screen, wash stone, ores & minerals represent 0.014% of total world trade.

Exports: In 2019 the top exporters of Machines to sort, screen, wash stone, ores & minerals  were United Kingdom ($556M), China ($420M), Germany ($250M), United States ($163M), and Austria ($92.5M).

Imports: In 2019 the top importers of Machines to sort, screen, wash stone, ores & minerals were United States ($311M), Australia ($136M), Germany ($134M), Russia ($114M), and China ($107M).

Tariffs: In 2018 the average tariff for Machines to sort, screen, wash stone, ores & minerals was 4.22%, making it the 4776th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Machines to sort, screen, wash stone, ores & minerals are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Venezuela (13.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Machines to sort, screen, wash stone, ores & minerals ranks 1131st in the Product Complexity Index (PCI).

Description: One of the most common uses of machines to sort, screen, wash stone, ores, and minerals is to use a sieve. A sieve is a metal wire, cloth, or metal screen that is used to separate large particles from small particles. A sieve is used to remove large particles from the small particles and the small particles are then washed.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United Kingdom, $556M

Top Destination (2019): United States, $311M

Machines to sort, screen, wash stone, ores & minerals are the world's 1128th most traded product.

In 2019, the top exporters of Machines to sort, screen, wash stone, ores & minerals were United Kingdom ($556M), China ($420M), Germany ($250M), United States ($163M), and Austria ($92.5M).

In 2019, the top importers of Machines to sort, screen, wash stone, ores & minerals were United States ($311M), Australia ($136M), Germany ($134M), Russia ($114M), and China ($107M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Russia, $33.1M

Top Destination Growth (2018 - 2019): Uzbekistan, $35M

Between 2018 and 2019, the exports of Machines to sort, screen, wash stone, ores & minerals grew the fastest in Russia ($33.1M), United Kingdom ($29.8M), Finland ($28.8M), China ($20.6M), and Estonia ($11.9M).

Between 2018 and 2019, the fastest growing importers of Machines to sort, screen, wash stone, ores & minerals were Uzbekistan ($35M), Russia ($20.4M), India ($16.3M), Belarus ($16M), and Kazakhstan ($15.5M).

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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 Machines to sort, screen, wash stone, ores & minerals.

In 2019,  market concentration measured using Shannon Entropy, was 4.14. This means that most of the exports of Machines to sort, screen, wash stone, ores & minerals are explained by 17 countries.

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TOP NET EXPORTER (2019): United Kingdom, $511M

TOP NET IMPORTER (2019): United States, $148M

This map shows which countries export or import more of Machines to sort, screen, wash stone, ores & minerals. Each country is colored based on the difference in exports and imports of Machines to sort, screen, wash stone, ores & minerals during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Machines to sort, screen, wash stone, ores & minerals were United Kingdom ($511M), China ($313M), Germany ($115M), Austria ($55.1M), and Italy ($49.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Machines to sort, screen, wash stone, ores & minerals were United States ($148M), Australia ($112M), Russia ($66.9M), Chile ($48.6M), and France ($44.9M).

Import Tariffs

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In 2018, the average tariff for importing Machines to sort, screen, wash stone, ores & minerals was 4.22%. The countries with the highest tariffs for importing Machines to sort, screen, wash stone, ores & minerals were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Venezuela (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.