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842541 (Harmonized System 1992 for 6-digit)

2023
World Trade $516MRnk 2817 / 4644
2023
Top Exporter | Top Importer $190M | $56.6MChina | United States
2023
Product Complexity 0.92Rnk 896 / 4656
2022 - 2023
Export Growth (CAGR) -9.88%Rnk 2694 / 4644
2023
Share of World Trade 0.0023%Rnk 2817 / 4644

About

Overview This page contains the latest trade data of Built-in jacking systems for garages. In 2023, Built-in jacking systems for garages were the world's 2817th most traded product, with a total trade of $516M. Between 2022 and 2023 the exports of Built-in jacking systems for garages decreased by -9.88%, from $573M to $516M. Trade in Built-in jacking systems for garages represent 0.0023% of total world trade.

Built-in jacking systems for garages are a part of Pulley Systems.

Exports In 2023 the top exporters of Built-in jacking systems for garages  were China ($190M), Italy ($115M), Germany ($86.6M), Hungary ($14.1M), and Netherlands ($13.3M).

Imports In 2023 the top importers of Built-in jacking systems for garages were United States ($56.6M), France ($46.5M), United Kingdom ($43M), Austria ($26M), and Netherlands ($20.4M).

Ranking Built-in jacking systems for garages ranks 896th in the Product Complexity Index (PCI).

Description The common uses of built-in jacking systems for garages are to raise, lower, and move cars and vehicles. The jacking systems are typically made out of steel or other durable material and can be raised and lowered by hand.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Built-in jacking systems for garages. 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)China$190M
Top Destination (2023)United States$56.6M

In 2023 Built-in jacking systems for garages were the world's 2817th most traded product (out of 4,644).

In 2023, the top exporters of Built-in jacking systems for garages were China ($190M), Italy ($115M), Germany ($86.6M), Hungary ($14.1M), and Netherlands ($13.3M).

In 2023, the top importers of Built-in jacking systems for garages were United States ($56.6M), France ($46.5M), United Kingdom ($43M), Austria ($26M), and Netherlands ($20.4M).

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Exporters of Built-in jacking systems for garages (2023)
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Importers of Built-in jacking systems for garages (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Arab Emirates$8.5M
Top Destination Growth (2022 -  2023)Oman$8.52M

Between 2022 and 2023, the exports of Built-in jacking systems for garages grew the fastest in United Arab Emirates ($8.5M), Austria ($3.02M), Hungary ($2.31M), France ($1.82M), and Canada ($1.52M).

Between 2022 and 2023, the fastest growing importers of Built-in jacking systems for garages were Oman ($8.52M), Kazakhstan ($2.96M), Turkey ($2.87M), United Arab Emirates ($2.45M), and Azerbaijan ($1.11M).

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Exporters of Built-in jacking systems for garages (2022 - 2023)

Importers of Built-in jacking systems for garages (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Built-in jacking systems for garages.

In 2023, market concentration measured using Shannon Entropy, was 3. This means that most of the exports of Built-in jacking systems for garages are explained by 7 countries.

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Value of Exports in Built-in jacking systems for garages

Net Trade

TOP NET EXPORTER (2023)China$188M
TOP NET IMPORTER (2023)United States$44.8M

This map shows which countries export or import more of Built-in jacking systems for garages. Each country is colored based on the difference in exports and imports of Built-in jacking systems for garages during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Built-in jacking systems for garages were China ($188M), Italy ($107M), Germany ($66.2M), Hungary ($10.2M), and Denmark ($7.72M).

In 2023, the countries that had a largest trade value in imports than in exports of Built-in jacking systems for garages were United States ($44.8M), France ($42.4M), United Kingdom ($42.1M), Austria ($20.3M), and Switzerland ($18.3M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Built-in jacking systems for garages by percentage of total exports

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)

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