HS Icon Mixing, kneading machines for minerals except bitumen

847439 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $569M, Rnk 2610 / 4648

2019
Top Exporter | Top Importer
: $123M | $38.1M, China | China

2019
Product Complexity
: -0.67, Rnk 3593 / 4826

2018 - 2019
Export Growth (CAGR)
: -5.35%, Rnk 2679 / 4648

2018
Mean Tariff
: 4.27%, Rnk 4742 / 6538

 2019
Share of World Trade
: 0.0031%, Rnk 2610 / 4648

Overview:  This page contains the latest trade data of Mixing, kneading machines for minerals except bitumen. In 2019, Mixing, kneading machines for minerals except bitumen were the world's 2610th most traded product, with a total trade of $569M. Between 2018 and 2019 the exports of Mixing, kneading machines for minerals except bitumen decreased by -5.35%, from  $601M to $569M. Trade in Mixing, kneading machines for minerals except bitumen represent 0.0031% of total world trade.

Exports: In 2019 the top exporters of Mixing, kneading machines for minerals except bitumen  were China ($123M), Germany ($98.1M), Italy ($73M), United States ($31.7M), and Spain ($15.8M).

Imports: In 2019 the top importers of Mixing, kneading machines for minerals except bitumen were China ($38.1M), United States ($31.2M), Russia ($25.4M), India ($19.9M), and Indonesia ($17.9M).

Tariffs: In 2018 the average tariff for Mixing, kneading machines for minerals except bitumen was 4.27%, making it the 4742nd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Mixing, kneading machines for minerals except bitumen are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Brazil (13.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Mixing, kneading machines for minerals except bitumen ranks 3593rd in the Product Complexity Index (PCI).

Description: Mixing, kneading machines for minerals except bitumen are used to mix various types of minerals together. This is done to create a new product such as asphalt, concrete, grout, plaster, and plaster of Paris.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $123M

Top Destination (2019): China, $38.1M

Mixing, kneading machines for minerals except bitumen are the world's 2610th most traded product.

In 2019, the top exporters of Mixing, kneading machines for minerals except bitumen were China ($123M), Germany ($98.1M), Italy ($73M), United States ($31.7M), and Spain ($15.8M).

In 2019, the top importers of Mixing, kneading machines for minerals except bitumen were China ($38.1M), United States ($31.2M), Russia ($25.4M), India ($19.9M), and Indonesia ($17.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $10.3M

Top Destination Growth (2018 - 2019): Russia, $8.1M

Between 2018 and 2019, the exports of Mixing, kneading machines for minerals except bitumen grew the fastest in China ($10.3M), Russia ($9.53M), Slovenia ($5.45M), Belgium ($4.4M), and Czechia ($4.04M).

Between 2018 and 2019, the fastest growing importers of Mixing, kneading machines for minerals except bitumen were Russia ($8.1M), Uzbekistan ($4.78M), Kazakhstan ($4M), Greece ($3.92M), and South Korea ($3.59M).

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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 Mixing, kneading machines for minerals except bitumen.

In 2019,  market concentration measured using Shannon Entropy, was 4.25. This means that most of the exports of Mixing, kneading machines for minerals except bitumen are explained by 19 countries.

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TOP NET EXPORTER (2019): China, $84.5M

TOP NET IMPORTER (2019): Indonesia, $16.8M

This map shows which countries export or import more of Mixing, kneading machines for minerals except bitumen. Each country is colored based on the difference in exports and imports of Mixing, kneading machines for minerals except bitumen during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Mixing, kneading machines for minerals except bitumen were China ($84.5M), Germany ($80.8M), Italy ($69.1M), Switzerland ($10.2M), and South Africa ($9.44M).

In 2019, the countries that had a largest trade value in imports than in exports of Mixing, kneading machines for minerals except bitumen were Indonesia ($16.8M), Vietnam ($16.3M), South Korea ($13.6M), Russia ($12.7M), and Uzbekistan ($9.84M).

Import Tariffs

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In 2018, the average tariff for importing Mixing, kneading machines for minerals except bitumen was 4.27%.  The countries with the highest tariffs for importing Mixing, kneading machines for minerals except bitumen were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Brazil (13.4%).

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Product Complexity

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Diversification Frontier

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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.