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Milking machines and dairy machinery

8434 (Harmonized System 1992 for 4-digit)

2022
World Trade $2.07BRnk 766 / 1218
2022
Top Exporter | Top Importer $426M | $211MNetherlands | Germany
2022
Product Complexity 0.88Rnk 213 / 1033
2021 - 2022
Export Growth (CAGR) -4.29%Rnk 1008 / 1218
2022
Share of World Trade 0.0087%Rnk 766 / 1218

About

Overview This page contains the latest trade data of Dairy Machinery. In 2022, Dairy Machinery were the world's 766th most traded product, with a total trade of $2.07B. Between 2021 and 2022 the exports of Dairy Machinery decreased by -4.29%, from $2.16B to $2.07B. Trade in Dairy Machinery represent 0.0087% of total world trade.

Dairy Machinery are a part of Machinery, mechanical appliances, & parts. They include Parts of milking machines and dairy machinery, Dairy machinery, and Milking machines.

Exports In 2022 the top exporters of Dairy Machinery  were Netherlands ($426M), Germany ($247M), Sweden ($206M), Denmark ($150M), and United States ($123M).

Imports In 2022 the top importers of Dairy Machinery were Germany ($211M), United States ($137M), France ($127M), Russia ($95.7M), and China ($91M).

Ranking Dairy Machinery ranks 213th in the Product Complexity Index (PCI).

Description Milking machines are used to milk cows. They can be made from a variety of materials, including stainless steel and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Dairy Machinery. 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 (2022)Netherlands$426M
Top Destination (2022)Germany$211M

In 2022 Dairy Machinery were the world's 766th most traded product (out of 1,218).

In 2022, the top exporters of Dairy Machinery were Netherlands ($426M), Germany ($247M), Sweden ($206M), Denmark ($150M), and United States ($123M).

In 2022, the top importers of Dairy Machinery were Germany ($211M), United States ($137M), France ($127M), Russia ($95.7M), and China ($91M).

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Exporters of Dairy Machinery (2022)
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Importers of Dairy Machinery (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Netherlands$25.8M
Top Destination Growth (2021 -  2022)United States$27M

Between 2021 and 2022, the exports of Dairy Machinery grew the fastest in Netherlands ($25.8M), Spain ($9.04M), Portugal ($7.76M), India ($4.78M), and Poland ($4.34M).

Between 2021 and 2022, the fastest growing importers of Dairy Machinery were United States ($27M), Indonesia ($16.7M), Egypt ($16.4M), Japan ($13.5M), and Turkey ($11.6M).

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Exporters of Dairy Machinery (2021 - 2022)

Importers of Dairy Machinery (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Dairy Machinery.

In 2022, market concentration measured using Shannon Entropy, was 4.28. This means that most of the exports of Dairy Machinery are explained by 19 countries.

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Value of Exports in Dairy Machinery

Net Trade

TOP NET EXPORTER (2022)Netherlands$349M
TOP NET IMPORTER (2022)Russia$88.4M

This map shows which countries export or import more of Dairy Machinery. Each country is colored based on the difference in exports and imports of Dairy Machinery during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Dairy Machinery were Netherlands ($349M), Sweden ($168M), Denmark ($79.9M), Israel ($62.8M), and Poland ($57.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Dairy Machinery were Russia ($88.4M), Canada ($65.6M), France ($62M), Japan ($45.8M), and Switzerland ($33.4M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Dairy Machinery, disaggragated by their HS6 level were Parts of milking machines and dairy... ($920M), Milking machines ($592M), and Dairy machinery ($557M)

HS6 Disaggregation for Dairy Machinery (2022)
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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 Dairy Machinery.
It is possible to select the main countries that export or import Dairy Machinery in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Dairy Machinery by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $9.07M
TOP IMPORT POTENTIALGermany+ $4.82M

Dairy Machinery’s highest export potential is Germany. With an export gap of $9.07M.  Dairy Machinery’s highest import potential is Germany with an import gap of $4.82M.

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 (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Dairy Machinery.

Country by Relatedness

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

Relative Relatedness by Country (2022)

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