Classification 207 for Standard International Trade Classification (SITC).
2018 World Trade: $177B, Rnk 17 / 113
2018 Top Exporter | Top Importer: $38.2B | $32.6B, China | United States
2017 - 2018 Export Growth (CAGR): 26.2%, Rnk 42 / 113
Overview This page contains the latest trade data of Machinery and transport equipment. In 2018, Machinery and transport equipment were the world's 17th most traded product, with a total trade of $177B. Between 2017 and 2018 the exports of Machinery and transport equipment grew by 26.2%, from $140B to $177B. Trade in Machinery and transport equipment represent 0.93% of total world trade.
Machinery and transport equipment are a part of Construction materials and equipment. They include Electric machinery, apparatus and appliances, n.e.s., and electrical parts thereof (including non-electrical..., General industrial machinery and equipment, n.e.s., and parts of, n.e.s., and Road vehicles (including air-cushion vehicles).
Exports In 2018 the top exporters of Machinery and transport equipment were China ($38.2B), Mexico ($18.4B), Germany ($15.3B), United States ($14.8B), and Italy ($6.63B).
Imports In 2018 the top importers of Machinery and transport equipment were United States ($32.6B), Germany ($15.3B), France ($7.38B), Hong Kong ($6.79B), and Canada ($6.48B).
Trade By Country
Top Origin (2018): China, $38.2B
Top Destination (2018): United States, $32.6B
Machinery and transport equipment are the world's 17th most traded product.
In 2018, the top exporters of Machinery and transport equipment were China ($38.2B), Mexico ($18.4B), Germany ($15.3B), United States ($14.8B), and Italy ($6.63B).
In 2018, the top importers of Machinery and transport equipment were United States ($32.6B), Germany ($15.3B), France ($7.38B), Hong Kong ($6.79B), and Canada ($6.48B).
Trade by country
Top Origin Growth (2017 - 2018): China, $7.75B
Top Destination Growth (2017 - 2018): United States, $7.33B
Between 2017 and 2018, the exports of Machinery and transport equipment grew the fastest in China ($7.75B), Mexico ($4.61B), Germany ($2.86B), United States ($2.71B), and Thailand ($1.84B).
Between 2017 and 2018, the fastest growing importers of Machinery and transport equipment were United States ($7.33B), Vietnam ($1.79B), Hong Kong ($1.76B), Germany ($1.65B), and United Arab Emirates ($1.6B).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Machinery and transport equipment.
TOP NET EXPORTER (2018): China, $32.7B
TOP NET IMPORTER (2018): United States, $17.8B
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 ($32.7B), Mexico ($12.5B), Italy ($3.44B), Morocco ($2.68B), and Romania ($2.4B).
In 2018, the countries that had a largest trade value in imports than in exports of Machinery and transport equipment were United States ($17.8B), Canada ($5.03B), United Kingdom ($4.04B), Japan ($3.74B), and Hong Kong ($3.3B).
In 2018, the world most traded Machinery and transport equipment, disaggragated by their HS6 level were Electric machinery, apparatus and appliances, n.e.s.,... ($120B), Road vehicles (including air-cushion vehicles) ($29.3B), and General industrial machinery and equipment, n.e.s.,... ($27.2B)
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