HS Icon Parts and accessories of office machines, nes

847340 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Parts and accessories of office machines, nes. In 2019, Parts and accessories of office machines, nes were the world's 1130th most traded product, with a total trade of $2.46B. Between 2018 and 2019 the exports of Parts and accessories of office machines, nes decreased by -6.95%, from $2.64B to $2.46B. Trade in Parts and accessories of office machines, nes represent 0.014% of total world trade.

Exports: In 2019 the top exporters of Parts and accessories of office machines, nes  were China ($553M), Japan ($248M), Germany ($226M), India ($221M), and Philippines ($216M).

Imports: In 2019 the top importers of Parts and accessories of office machines, nes were United States ($366M), Hong Kong ($250M), Hungary ($199M), India ($165M), and Germany ($161M).

Tariffs: In 2018 the average tariff for Parts and accessories of office machines, nes was 4.18%, making it the 4821st lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Parts and accessories of office machines, nes are Bahamas (53.5%), Algeria (25.6%), Bermuda (25%), Ethiopia (19.8%), and Cameroon (19.6%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Armenia (0%), Hong Kong (0%), and Japan (0%).

Ranking: Parts and accessories of office machines, nes ranks 1208th in the Product Complexity Index (PCI).

Description: Common parts and accessories of office machines are typically the power cord, the power supply, the power switch, the power cord, the power strip, and the power outlet. The power cord is a flexible metal cable that carries electricity from the power supply to the power outlet. The power supply is a transformer that converts the electricity from the power utility into the voltage required by the office machine. The power switch is an on/off button that turns on the power supply and sends electricity to the office machine. The power cord is a cable that connects the power supply to the power outlet. The power

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $553M

Top Destination (2019): United States, $366M

Parts and accessories of office machines, nes are the world's 1130th most traded product.

In 2019, the top exporters of Parts and accessories of office machines, nes were China ($553M), Japan ($248M), Germany ($226M), India ($221M), and Philippines ($216M).

In 2019, the top importers of Parts and accessories of office machines, nes were United States ($366M), Hong Kong ($250M), Hungary ($199M), India ($165M), and Germany ($161M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): India, $63M

Top Destination Growth (2018 - 2019): India, $44.2M

Between 2018 and 2019, the exports of Parts and accessories of office machines, nes grew the fastest in India ($63M), Hong Kong ($13.7M), France ($10.4M), South Korea ($7.99M), and Japan ($7.37M).

Between 2018 and 2019, the fastest growing importers of Parts and accessories of office machines, nes were India ($44.2M), Mexico ($32.1M), South Korea ($19.2M), South Africa ($11.3M), and Poland ($10.6M).

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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 Parts and accessories of office machines, nes.

In 2019,  market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Parts and accessories of office machines, nes are explained by 16 countries.

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TOP NET EXPORTER (2019): China, $443M

TOP NET IMPORTER (2019): United States, $187M

This map shows which countries export or import more of Parts and accessories of office machines, nes. Each country is colored based on the difference in exports and imports of Parts and accessories of office machines, nes during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Parts and accessories of office machines, nes were China ($443M), Philippines ($142M), Japan ($125M), Germany ($64.8M), and India ($56.6M).

In 2019, the countries that had a largest trade value in imports than in exports of Parts and accessories of office machines, nes were United States ($187M), Hong Kong ($167M), Hungary ($104M), Brazil ($51.8M), and Mexico ($42.2M).

Import Tariffs

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In 2018, the average tariff for importing Parts and accessories of office machines, nes was 4.18%. The countries with the highest tariffs for importing Parts and accessories of office machines, nes were Bahamas (53.5%), Algeria (25.6%), Bermuda (25%), Ethiopia (19.8%), and Cameroon (19.6%).

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.