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Book-binding machinery; including book-sewing machines

8440 (Harmonized System 1992 for 4-digit)

2023
World Trade $949MRnk 930 / 1217
2023
Top Exporter | Top Importer $245M | $247MGermany | United States
2023
Product Complexity 1.17Rnk 121 / 1044
2022 - 2023
Export Growth (CAGR) 6.59%Rnk 214 / 1217
2023
Share of World Trade 0.0042%Rnk 930 / 1217

About

Overview This page contains the latest trade data of Book-binding Machines. In 2023, Book-binding Machines were the world's 930th most traded product, with a total trade of $949M. Between 2022 and 2023 the exports of Book-binding Machines grew by 6.59%, from $890M to $949M. Trade in Book-binding Machines represent 0.0042% of total world trade.

Book-binding Machines are a part of Machinery, mechanical appliances, & parts. They include Book-binding machinery including book-sewing machines and Parts of book-binding and book-sewing machines.

Exports In 2023 the top exporters of Book-binding Machines  were Germany ($245M), Switzerland ($128M), China ($95.3M), Japan ($89.6M), and Thailand ($62M).

Imports In 2023 the top importers of Book-binding Machines were United States ($247M), Netherlands ($60.1M), Germany ($58.3M), China ($52.7M), and France ($42M).

Ranking Book-binding Machines ranks 121st in the Product Complexity Index (PCI).

Description Bookbinding machinery is used to bind books together. It can be made from a variety of materials, including wood, metal, and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Book-binding Machines. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Germany$245M
Top Destination (2023)United States$247M

In 2023 Book-binding Machines were the world's 930th most traded product (out of 1,217).

In 2023, the top exporters of Book-binding Machines were Germany ($245M), Switzerland ($128M), China ($95.3M), Japan ($89.6M), and Thailand ($62M).

In 2023, the top importers of Book-binding Machines were United States ($247M), Netherlands ($60.1M), Germany ($58.3M), China ($52.7M), and France ($42M).

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Exporters of Book-binding Machines (2023)
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Importers of Book-binding Machines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$20.7M
Top Destination Growth (2022 -  2023)United States$27.5M

Between 2022 and 2023, the exports of Book-binding Machines grew the fastest in Germany ($20.7M), Switzerland ($13.9M), Latvia ($10.6M), Japan ($8.39M), and China ($7.5M).

Between 2022 and 2023, the fastest growing importers of Book-binding Machines were United States ($27.5M), Brazil ($8.53M), United Kingdom ($6.19M), India ($5.77M), and China ($5.76M).

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Exporters of Book-binding Machines (2022 - 2023)

Importers of Book-binding Machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Book-binding Machines.

In 2023, market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Book-binding Machines are explained by 14 countries.

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Value of Exports in Book-binding Machines

Net Trade

TOP NET EXPORTER (2023)Germany$187M
TOP NET IMPORTER (2023)United States$225M

This map shows which countries export or import more of Book-binding Machines. Each country is colored based on the difference in exports and imports of Book-binding Machines during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Book-binding Machines were Germany ($187M), Switzerland ($109M), Japan ($72.2M), Thailand ($55.3M), and China ($42.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Book-binding Machines were United States ($225M), Netherlands ($32.6M), France ($28.1M), Brazil ($16M), and Poland ($12.2M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Book-binding Machines, disaggragated by their HS6 level were Book-binding machinery including book-sewing machines ($723M) and Parts of book-binding and book-sewing machines ($226M)

HS6 Disaggregation for Book-binding Machines (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Book-binding Machines by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $3.61M
TOP IMPORT POTENTIALNetherlands+ $1.73M

Book-binding Machines’s highest export potential is France. With an export gap of $3.61M.  Book-binding Machines’s highest import potential is Netherlands with an import gap of $1.73M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Book-binding Machines.

Country by Relatedness

The following visualization shows the relatedness of Book-binding Machines to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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