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848360 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.83BRnk 930 / 4644
2023
Top Exporter | Top Importer $895M | $480MGermany | United States
2023
Product Complexity 1.45Rnk 209 / 4656
2022 - 2023
Export Growth (CAGR) 5.48%Rnk 995 / 4644
2023
Share of World Trade 0.017%Rnk 930 / 4644

About

Overview This page contains the latest trade data of Clutches, shaft couplings, universal joints. In 2023, Clutches, shaft couplings, universal joints were the world's 930th most traded product, with a total trade of $3.83B. Between 2022 and 2023 the exports of Clutches, shaft couplings, universal joints grew by 5.48%, from $3.63B to $3.83B. Trade in Clutches, shaft couplings, universal joints represent 0.017% of total world trade.

Clutches, shaft couplings, universal joints are a part of Transmissions.

Exports In 2023 the top exporters of Clutches, shaft couplings, universal joints  were Germany ($895M), United States ($498M), China ($485M), Italy ($393M), and Japan ($215M).

Imports In 2023 the top importers of Clutches, shaft couplings, universal joints were United States ($480M), China ($264M), Germany ($249M), Mexico ($212M), and Italy ($141M).

Ranking Clutches, shaft couplings, universal joints ranks 209th in the Product Complexity Index (PCI).

Description A clutch is a device for transmitting power from one part of a machine to another, or for regulating the power transmission. A shaft coupling is a mechanical device that connects two shafts together, often to transmit torque from one to the other. A universal joint is a type of coupling that can transmit rotational motion between shafts that are not necessarily parallel to each other.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Clutches, shaft couplings, universal joints. 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$895M
Top Destination (2023)United States$480M

In 2023 Clutches, shaft couplings, universal joints were the world's 930th most traded product (out of 4,644).

In 2023, the top exporters of Clutches, shaft couplings, universal joints were Germany ($895M), United States ($498M), China ($485M), Italy ($393M), and Japan ($215M).

In 2023, the top importers of Clutches, shaft couplings, universal joints were United States ($480M), China ($264M), Germany ($249M), Mexico ($212M), and Italy ($141M).

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Exporters of Clutches, shaft couplings, universal joints (2023)
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Importers of Clutches, shaft couplings, universal joints (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$68.7M
Top Destination Growth (2022 -  2023)Germany$38.9M

Between 2022 and 2023, the exports of Clutches, shaft couplings, universal joints grew the fastest in Germany ($68.7M), Italy ($55M), France ($30.7M), United Kingdom ($28.7M), and Austria ($24.7M).

Between 2022 and 2023, the fastest growing importers of Clutches, shaft couplings, universal joints were Germany ($38.9M), China ($22.2M), France ($18.9M), Sweden ($16M), and Turkey ($15M).

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Exporters of Clutches, shaft couplings, universal joints (2022 - 2023)

Importers of Clutches, shaft couplings, universal joints (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Clutches, shaft couplings, universal joints.

In 2023, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Clutches, shaft couplings, universal joints are explained by 16 countries.

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Value of Exports in Clutches, shaft couplings, universal joints

Net Trade

TOP NET EXPORTER (2023)Germany$646M
TOP NET IMPORTER (2023)Mexico$177M

This map shows which countries export or import more of Clutches, shaft couplings, universal joints. Each country is colored based on the difference in exports and imports of Clutches, shaft couplings, universal joints during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Clutches, shaft couplings, universal joints were Germany ($646M), Italy ($252M), China ($221M), Japan ($123M), and Slovakia ($24.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Clutches, shaft couplings, universal joints were Mexico ($177M), Brazil ($61.8M), Indonesia ($58.2M), Russia ($57.5M), and Australia ($57.2M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Clutches, shaft couplings, universal joints.
It is possible to select the main countries that export or import Clutches, shaft couplings, universal joints in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Clutches, shaft couplings, universal joints 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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