HS Icon Other Agricultural Machinery

8436 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $7.9B, Rnk 383 / 1217

2019
Top Exporter | Top Importer
: $1.03B | $969M, Germany | United States

2019
Product Complexity
: 0.82, Rnk 214 / 961

2018 - 2019
Export Growth (CAGR)
: -2.55%, Rnk 588 / 1217

2018
Mean Tariff
: 3.97%, Rnk 1000 / 1259

 2019
Share of World Trade
: 0.044%, Rnk 383 / 1217

Overview:  This page contains the latest trade data of Other Agricultural Machinery. In 2019, Other Agricultural Machinery were the world's 383rd most traded product, with a total trade of $7.9B. Between 2018 and 2019 the exports of Other Agricultural Machinery decreased by -2.55%, from  $8.1B to $7.9B. Trade in Other Agricultural Machinery represent 0.044% of total world trade.

Exports: In 2019 the top exporters of Other Agricultural Machinery  were Germany ($1.03B), Netherlands ($989M), United States ($713M), China ($659M), and Italy ($625M).

Imports: In 2019 the top importers of Other Agricultural Machinery were United States ($969M), Russia ($574M), Germany ($515M), Canada ($403M), and France ($347M).

Tariffs: In 2018 the average tariff for Other Agricultural Machinery was 3.97%, making it the 1000th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Agricultural Machinery are Bahamas (40.2%), Maldives (19.6%), Tunisia (14.3%), Venezuela (13.4%), and Brazil (13.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Other Agricultural Machinery ranks 214th in the Product Complexity Index (PCI).

Description: Poultry incubators and brooders are used to keep eggs warm until they hatch. They can be made from a variety of materials, including wood, metal, plastic, or glass.

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): Germany, $1.03B

Top Destination (2019): United States, $969M

Other Agricultural Machinery are the world's 383rd most traded product.

In 2019, the top exporters of Other Agricultural Machinery were Germany ($1.03B), Netherlands ($989M), United States ($713M), China ($659M), and Italy ($625M).

In 2019, the top importers of Other Agricultural Machinery were United States ($969M), Russia ($574M), Germany ($515M), Canada ($403M), and France ($347M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Netherlands, $55.3M

Top Destination Growth (2018 - 2019): Vietnam, $22.7M

Between 2018 and 2019, the exports of Other Agricultural Machinery grew the fastest in Netherlands ($55.3M), Finland ($47M), Poland ($36.6M), Canada ($25.1M), and Turkey ($19.5M).

Between 2018 and 2019, the fastest growing importers of Other Agricultural Machinery were Vietnam ($22.7M), Oman ($22M), Germany ($19.5M), Iraq ($17.1M), and Czechia ($16.1M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Other Agricultural Machinery.

In 2019,  market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Other Agricultural Machinery are explained by 20 countries.

Explore Visualizations

TOP NET EXPORTER (2019): Netherlands, $768M

TOP NET IMPORTER (2019): Russia, $553M

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

In 2019, the countries that had a largest trade value in exports than in imports of Other Agricultural Machinery were Netherlands ($768M), Italy ($524M), Germany ($512M), China ($499M), and Finland ($481M).

In 2019, the countries that had a largest trade value in imports than in exports of Other Agricultural Machinery were Russia ($553M), United States ($256M), Australia ($157M), France ($156M), and Japan ($145M).

Disaggregation

#permalink to section
Value

In 2019, the world most traded Other Agricultural Machinery, disaggragated by their HS6 level were Agricultural, bee-keeping plant nes, germination plan ($3.16B), Parts agricultural, forestry, bee-keeping machines ne ($1.46B), Poultry-keeping machinery, nes ($1.29B), Machinery for preparing animal feeding stuffs ($1.11B), and Parts of poultry-keeping machinery ($536M)

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Other Agricultural Machinery was 3.97%.  The countries with the highest tariffs for importing Other Agricultural Machinery were Bahamas (40.2%), Maldives (19.6%), Tunisia (14.3%), Venezuela (13.4%), and Brazil (13.4%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.