HS Icon Rolling Machines

8420 (Harmonized System 1992 for 4-digit)

World Trade (2019): $1.33B, Rnk 842 / 1217

Top Exporter (2019): $240M, Italy

Top Importer (2019): $229M, China

Product Complexity (2019): 1.85, Rnk 11 / 961

Export Growth (CAGR)(2018 - 2019): -12.3%, Rnk 1022 / 1217

Mean Tariff (2018): 4.34%, Rnk 933 / 1259

Share of World Trade (2019): 0.0073%, Rnk 842 / 1217

Overview:  This page contains the latest trade data of Rolling Machines. In 2019, Rolling Machines were the world's 842nd most traded product, with a total trade of $1.33B. Between 2018 and 2019 the exports of Rolling Machines decreased by -12.3%, from  $1.51B to $1.33B. Trade in Rolling Machines represent 0.0073% of total world trade.

Exports: In 2019 the top exporters of Rolling Machines  were Italy ($240M), Germany ($232M), China ($141M), Chinese Taipei ($90.6M), and South Korea ($86.4M).

Imports: In 2019 the top importers of Rolling Machines were China ($229M), United States ($146M), Germany ($75.2M), India ($54.1M), and Russia ($50.5M).

Tariffs: In 2018 the average tariff for Rolling Machines was 4.34%, making it the 933rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Rolling Machines are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Ethiopia (14.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Rolling Machines ranks 11th in the Product Complexity Index (PCI).

Description: Calendering or other rolling machines are used to flatten the surface of a material. They can be made from a variety of materials, including steel, aluminum, and wood.

Exporters and Importers

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Trade By Country

Top Origin (2019): Italy, $240M

Top Destination (2019): China, $229M

Rolling Machines are the world's 842nd most traded product.

In 2019, the top exporters of Rolling Machines were Italy ($240M), Germany ($232M), China ($141M), Chinese Taipei ($90.6M), and South Korea ($86.4M).

In 2019, the top importers of Rolling Machines were China ($229M), United States ($146M), Germany ($75.2M), India ($54.1M), and Russia ($50.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $11.4M

Top Destination Growth (2018 - 2019): Vietnam, $8.11M

Between 2018 and 2019, the exports of Rolling Machines grew the fastest in China ($11.4M), France ($10.4M), Austria ($8.77M), Chinese Taipei ($8.29M), and Sweden ($7.23M).

Between 2018 and 2019, the fastest growing importers of Rolling Machines were Vietnam ($8.11M), India ($7.01M), Indonesia ($6.57M), Brazil ($6.19M), and Hungary ($5.78M).

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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 Rolling Machines.

In 2019,  market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Rolling Machines are explained by 16 countries.

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TOP NET EXPORTER (2019): Italy, $201M

TOP NET IMPORTER (2019): China, $88.4M

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

In 2019, the countries that had a largest trade value in exports than in imports of Rolling Machines were Italy ($201M), Germany ($157M), Chinese Taipei ($67.7M), South Korea ($64.2M), and Japan ($60.2M).

In 2019, the countries that had a largest trade value in imports than in exports of Rolling Machines were China ($88.4M), United States ($79.4M), Russia ($48.3M), India ($42.4M), and Vietnam ($41M).

Disaggregation

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Value

In 2019, the world most traded Rolling Machines, disaggragated by their HS6 level were Calendering or rolling machines, not. for... ($707M), Cylinders for rolling machines, except metals,... ($404M), and Parts nes for rolling machines, except... ($215M)

Import Tariffs

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In 2018, the average tariff for importing Rolling Machines was 4.34%.  The countries with the highest tariffs for importing Rolling Machines were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Ethiopia (14.9%).

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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.