Washing and Bottling Machines8422 (Harmonized System 1992 for 4-digit)
World Trade (2018): $31.9B, Rnk 119 / 1225
Top Exporter (2018): $8.33B, Germany
Top Importer (2018): $3.98B, United States
Product Complexity (2018): 1.09, Rnk 146 / 1018
Export Growth (CAGR)(2017 - 2018): 18.6%, Rnk 367 / 1225
Mean Tariff (2018): 6.61%, Rnk 645 / 1259
Share of World Trade (2018): 0.17%, Rnk 119 / 1225
Overview: This page contains the latest trade data of Washing and Bottling Machines. In 2018, Washing and Bottling Machines were the world's 119th most traded product, with a total trade of $31.9B. Between 2017 and 2018 the exports of Washing and Bottling Machines grew by 18.6%, from $26.9B to $31.9B. Trade in Washing and Bottling Machines represent 0.17% of total world trade.
Exports: In 2018 the top exporters of Washing and Bottling Machines were Germany ($8.33B), Italy ($6.99B), China ($2.37B), United States ($1.13B), and Poland ($1.07B).
Imports: In 2018 the top importers of Washing and Bottling Machines were United States ($3.98B), Germany ($2.18B), France ($1.68B), China ($1.41B), and United Kingdom ($1.22B).
Tariffs: In 2018 the average tariff for Washing and Bottling Machines was 6.61%, been the 645 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Washing and Bottling Machines are Bahamas (32.3%), Bermuda (25%), Cambodia (20.7%), Maldives (19.6%), and Iran (17%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Armenia (0%), Hong Kong (0%), and Japan (0%).
Ranking: Washing and Bottling Machines ranks 146th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Germany, $8.33B
Top Destination (2018): United States, $3.98B
Washing and Bottling Machines are the world's 119th most traded product.
In 2018, the top exporters of Washing and Bottling Machines were Germany ($8.33B), Italy ($6.99B), China ($2.37B), United States ($1.13B), and Poland ($1.07B).
In 2018, the top importers of Washing and Bottling Machines were United States ($3.98B), Germany ($2.18B), France ($1.68B), China ($1.41B), and United Kingdom ($1.22B).
Trade by country
Top Origin Growth (2017 - 2018): Italy, $1.43B
Top Destination Growth (2017 - 2018): United States, $1.32B
Between 2017 and 2018, the exports of Washing and Bottling Machines grew the fastest in Italy ($1.43B), Germany ($1.33B), Netherlands ($255M), China ($203M), and Canada ($188M).
Between 2017 and 2018, the fastest growing importers of Washing and Bottling Machines were United States ($1.32B), Germany ($456M), Poland ($278M), Spain ($272M), and Brazil ($199M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Washing and Bottling Machines.
In 2018, market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Washing and Bottling Machines are explained by 15 countries.
TOP NET EXPORTER (2018): Italy, $6.16B
TOP NET IMPORTER (2018): United States, $2.85B
This map shows which countries export or import more of Washing and Bottling Machines. Each country is colored based on the difference in exports and imports of Washing and Bottling Machines during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Washing and Bottling Machines were Italy ($6.16B), Germany ($6.14B), China ($960M), Turkey ($337M), and Japan ($336M).
In 2018, the countries that had a largest trade value in imports than in exports of Washing and Bottling Machines were United States ($2.85B), Russia ($875M), Mexico ($786M), France ($772M), and United Kingdom ($767M).
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.
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