Classification 447 for Standard International Trade Classification (SITC).
2018 World Trade: $46.1B, Rnk 47 / 113
2018 Top Exporter | Top Importer: $9.69B | $9.35B, United States | United States
2017 - 2018 Export Growth (CAGR): 14.6%, Rnk 85 / 113
Overview This page contains the latest trade data of Machinery and transport equipment. In 2018, Machinery and transport equipment were the world's 47th most traded product, with a total trade of $46.1B. Between 2017 and 2018 the exports of Machinery and transport equipment grew by 14.6%, from $40.3B to $46.1B. Trade in Machinery and transport equipment represent 0.24% of total world trade.
Machinery and transport equipment are a part of Chemicals and health related products. They include Electric machinery, apparatus and appliances, n.e.s., and electrical parts thereof (including non-electrical....
Exports In 2018 the top exporters of Machinery and transport equipment were United States ($9.69B), Germany ($8.9B), Japan ($4.01B), Netherlands ($3.8B), and China ($3.69B).
Imports In 2018 the top importers of Machinery and transport equipment were United States ($9.35B), China ($5.27B), Germany ($3.54B), Japan ($2.48B), and Netherlands ($2.32B).
Trade By Country
Top Origin (2018): United States, $9.69B
Top Destination (2018): United States, $9.35B
Machinery and transport equipment are the world's 47th most traded product.
In 2018, the top exporters of Machinery and transport equipment were United States ($9.69B), Germany ($8.9B), Japan ($4.01B), Netherlands ($3.8B), and China ($3.69B).
In 2018, the top importers of Machinery and transport equipment were United States ($9.35B), China ($5.27B), Germany ($3.54B), Japan ($2.48B), and Netherlands ($2.32B).
Trade by country
Top Origin Growth (2017 - 2018): Netherlands, $1.13B
Top Destination Growth (2017 - 2018): Germany, $553M
Between 2017 and 2018, the exports of Machinery and transport equipment grew the fastest in Netherlands ($1.13B), Germany ($1.09B), United States ($854M), Singapore ($447M), and Japan ($416M).
Between 2017 and 2018, the fastest growing importers of Machinery and transport equipment were Germany ($553M), World ($418M), Saudi Arabia ($391M), Thailand ($379M), and United Arab Emirates ($314M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Machinery and transport equipment.
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 Germany ($5.36B), Japan ($1.53B), Netherlands ($1.48B), South Korea ($565M), and United Kingdom ($545M).
In 2018, the countries that had a largest trade value in imports than in exports of Machinery and transport equipment were China ($1.58B), India ($677M), Brazil ($622M), Russia ($609M), and Australia ($589M).
In 2018, the world most traded Machinery and transport equipment, disaggragated by their HS6 level were Electric machinery, apparatus and appliances, n.e.s.,... ($46.1B)
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