Classification 147 for Standard International Trade Classification (SITC).

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Overview This page contains the latest trade data of Machinery and transport equipment. In 2018, Machinery and transport equipment were the world's 24th most traded product, with a total trade of $125B. Between 2017 and 2018 the exports of Machinery and transport equipment grew by 78.5%, from $69.8B to $125B. Trade in Machinery and transport equipment represent 0.65% of total world trade.

Machinery and transport equipment are a part of Ships. They include Other transport equipment.

Exports In 2018 the top exporters of Machinery and transport equipment  were China ($24.5B), South Korea ($19.1B), Japan ($12.6B), Germany ($9.6B), and Italy ($6.64B).

Imports In 2018 the top importers of Machinery and transport equipment were Singapore ($11.1B), Hong Kong ($10.7B), Panama ($9.24B), United States ($8.54B), and Marshall Islands ($8.26B).

Historical Data

Exporters and Importers

Top Origin (2018)China$24.5B
Top Destination (2018)Singapore$11.1B

In 2018 Machinery and transport equipment were the world's 24th most traded product (out of 113).

In 2018, the top exporters of Machinery and transport equipment were China ($24.5B), South Korea ($19.1B), Japan ($12.6B), Germany ($9.6B), and Italy ($6.64B).

In 2018, the top importers of Machinery and transport equipment were Singapore ($11.1B), Hong Kong ($10.7B), Panama ($9.24B), United States ($8.54B), and Marshall Islands ($8.26B).

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Exporters of Machinery and transport equipment (2018)
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Importers of Machinery and transport equipment (2018)
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Market Dynamics

Color
Top Origin Growth (2017 -  2018)China$13.8B
Top Destination Growth (2017 -  2018)Panama$9.24B

Between 2017 and 2018, the exports of Machinery and transport equipment grew the fastest in China ($13.8B), Japan ($9.78B), Germany ($6.07B), Brazil ($5.13B), and Italy ($3B).

Between 2017 and 2018, the fastest growing importers of Machinery and transport equipment were Panama ($9.24B), Marshall Islands ($8.26B), Hong Kong ($6.09B), Singapore ($5.62B), and United Arab Emirates ($5.19B).

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Exporters of Machinery and transport equipment (2017 - 2018)

Importers of Machinery and transport equipment (2017 - 2018)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machinery and transport equipment.

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Value of Exports in Machinery and transport equipment

Net Trade

TOP NET EXPORTER (2018)China$23.6B
TOP NET IMPORTER (2018)Singapore$10.7B

This map shows which countries export or import more of Machinery and transport equipment. Each country is colored based on the difference in exports and imports of Machinery and transport equipment during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Machinery and transport equipment were China ($23.6B), South Korea ($18.6B), Japan ($11.7B), Germany ($7.01B), and Italy ($4.7B).

In 2018, the countries that had a largest trade value in imports than in exports of Machinery and transport equipment were Singapore ($10.7B), Hong Kong ($10.6B), United States ($5B), United Arab Emirates ($4.18B), and Norway ($3.6B).

Net Trade (2018)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Machinery and transport equipment.
It is possible to select the main countries that export or import Machinery and transport equipment in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machinery and transport equipment by percentage of total exports

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