HS Icon Papermaking Machines

8439 (Harmonized System 1992 for 4-digit)

Overview:  This page contains the latest trade data of Papermaking Machines. In 2019, Papermaking Machines were the world's 467th most traded product, with a total trade of $5.46B. Between 2018 and 2019 the exports of Papermaking Machines grew by 1.78%, from $5.37B to $5.46B. Trade in Papermaking Machines represent 0.03% of total world trade.

Exports: In 2019 the top exporters of Papermaking Machines  were Germany ($993M), Finland ($886M), China ($884M), Sweden ($404M), and Italy ($401M).

Imports: In 2019 the top importers of Papermaking Machines were United States ($866M), China ($452M), Germany ($355M), Russia ($270M), and Turkey ($251M).

Tariffs: In 2018 the average tariff for Papermaking Machines was 3.93%, making it the 1008th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Papermaking Machines are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Romania (12.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Papermaking Machines ranks 63rd in the Product Complexity Index (PCI).

Description: Machinery for making pulp of fibrous cellulosic material or for making or finishing paper or paperboard is used in the production of other goods. It can be made from a variety of materials, including wood, plastic, and metal.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $993M

Top Destination (2019): United States, $866M

Papermaking Machines are the world's 467th most traded product.

In 2019, the top exporters of Papermaking Machines were Germany ($993M), Finland ($886M), China ($884M), Sweden ($404M), and Italy ($401M).

In 2019, the top importers of Papermaking Machines were United States ($866M), China ($452M), Germany ($355M), Russia ($270M), and Turkey ($251M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $216M

Top Destination Growth (2018 - 2019): United States, $262M

Between 2018 and 2019, the exports of Papermaking Machines grew the fastest in China ($216M), Finland ($86.7M), Brazil ($28.3M), Chinese Taipei ($23.9M), and France ($22.5M).

Between 2018 and 2019, the fastest growing importers of Papermaking Machines were United States ($262M), Turkey ($183M), Germany ($84.3M), Chile ($72.1M), and Belgium ($61.1M).

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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 Papermaking Machines.

In 2019,  market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Papermaking Machines are explained by 15 countries.

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TOP NET EXPORTER (2019): Finland, $781M

TOP NET IMPORTER (2019): United States, $607M

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

In 2019, the countries that had a largest trade value in exports than in imports of Papermaking Machines were Finland ($781M), Germany ($638M), China ($432M), Sweden ($300M), and Italy ($264M).

In 2019, the countries that had a largest trade value in imports than in exports of Papermaking Machines were United States ($607M), Russia ($265M), Turkey ($242M), Indonesia ($161M), and Vietnam ($151M).

Disaggregation

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Value

In 2019, the world most traded Papermaking Machines, disaggragated by their HS6 level were Parts of machines for making paper... ($2.3B), Machinery for making paper or paperboard ($1.1B), Parts of machines for making paper,... ($865M), Machinery for finishing paper or paperboard ($718M), and Machinery for pulping fibrous cellulosic material ($480M)

Import Tariffs

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In 2018, the average tariff for importing Papermaking Machines was 3.93%. The countries with the highest tariffs for importing Papermaking Machines were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), 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 Papermaking Machines to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.