HS Icon Parts for soil preparation or cultivation machinery

843290 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Parts for soil preparation or cultivation machinery. In 2019, Parts for soil preparation or cultivation machinery were the world's 1018th most traded product, with a total trade of $2.88B. Between 2018 and 2019 the exports of Parts for soil preparation or cultivation machinery decreased by -5.13%, from $3.03B to $2.88B. Trade in Parts for soil preparation or cultivation machinery represent 0.016% of total world trade.

Exports In 2019 the top exporters of Parts for soil preparation or cultivation machinery  were Germany ($470M), Italy ($341M), China ($293M), United States ($236M), and France ($158M).

Imports In 2019 the top importers of Parts for soil preparation or cultivation machinery were United States ($339M), Germany ($320M), France ($281M), Russia ($160M), and Canada ($158M).

Tariffs In 2018 the average tariff for Parts for soil preparation or cultivation machinery was 4.6%, making it the 4447th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Parts for soil preparation or cultivation machinery are Bahamas (40.2%), Tunisia (20%), Maldives (19.6%), Venezuela (13.4%), and Brazil (13.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mozambique (0%), Mauritius (0%), and Rwanda (0%).

Ranking Parts for soil preparation or cultivation machinery ranks 1172nd in the Product Complexity Index (PCI).

Description Parts for soil preparation machinery include parts for plows, rotary hoes, and harrows. Parts for cultivation machinery include tilling disks, coulters, and row cleaners.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $470M

Top Destination (2019): United States, $339M

Parts for soil preparation or cultivation machinery are the world's 1018th most traded product.

In 2019, the top exporters of Parts for soil preparation or cultivation machinery were Germany ($470M), Italy ($341M), China ($293M), United States ($236M), and France ($158M).

In 2019, the top importers of Parts for soil preparation or cultivation machinery were United States ($339M), Germany ($320M), France ($281M), Russia ($160M), and Canada ($158M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Belarus, $11.1M

Top Destination Growth (2018 - 2019): France, $11.6M

Between 2018 and 2019, the exports of Parts for soil preparation or cultivation machinery grew the fastest in Belarus ($11.1M), Netherlands ($5.93M), Lithuania ($5.43M), Austria ($4.87M), and Singapore ($4.09M).

Between 2018 and 2019, the fastest growing importers of Parts for soil preparation or cultivation machinery were France ($11.6M), Belarus ($7.66M), Hong Kong ($7.26M), South Korea ($4M), and Kyrgyzstan ($2.91M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Parts for soil preparation or cultivation machinery.

In 2019,  market concentration measured using Shannon Entropy, was 4.54. This means that most of the exports of Parts for soil preparation or cultivation machinery are explained by 23 countries.

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TOP NET EXPORTER (2019): Italy, $274M

TOP NET IMPORTER (2019): Russia, $146M

This map shows which countries export or import more of Parts for soil preparation or cultivation machinery. Each country is colored based on the difference in exports and imports of Parts for soil preparation or cultivation machinery during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Parts for soil preparation or cultivation machinery were Italy ($274M), China ($234M), Germany ($150M), Netherlands ($51M), and India ($45.7M).

In 2019, the countries that had a largest trade value in imports than in exports of Parts for soil preparation or cultivation machinery were Russia ($146M), France ($123M), United States ($103M), United Kingdom ($57.2M), and Canada ($41.3M).

Import Tariffs

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In 2018, the average tariff for importing Parts for soil preparation or cultivation machinery was 4.6%. The countries with the highest tariffs for importing Parts for soil preparation or cultivation machinery were Bahamas (40.2%), Tunisia (20%), Maldives (19.6%), Venezuela (13.4%), and Brazil (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.