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845129 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.33BRnk 1298 / 4644
2023
Top Exporter | Top Importer $768M | $1.34BMexico | United States
2023
Product Complexity 0.82Rnk 1082 / 4656
2022 - 2023
Export Growth (CAGR) -5.48%Rnk 2153 / 4644
2023
Share of World Trade 0.01%Rnk 1298 / 4644

About

Overview This page contains the latest trade data of Drying machines, nes. In 2023, Drying machines, nes were the world's 1298th most traded product, with a total trade of $2.33B. Between 2022 and 2023 the exports of Drying machines, nes decreased by -5.48%, from $2.46B to $2.33B. Trade in Drying machines, nes represent 0.01% of total world trade.

Drying machines, nes are a part of Textile Processing Machines.

Exports In 2023 the top exporters of Drying machines, nes  were Mexico ($768M), South Korea ($704M), China ($267M), United States ($192M), and Germany ($119M).

Imports In 2023 the top importers of Drying machines, nes were United States ($1.34B), Canada ($254M), South Korea ($143M), Mexico ($39.9M), and France ($28.1M).

Ranking Drying machines, nes ranks 1082nd in the Product Complexity Index (PCI).

Description Drying machines are used to dry clothes after they have been washed in a washing machine. Common machines that are used for this task include a tumble dryer, a clothes dryer, or a clothes line. A tumble dryer blows hot air through the clothes, which are placed in a drum. A clothes dryer blows hot air through the clothes, which are placed on a rotating perch. A clothes line is a long cord that is stretched between two poles and clothes are hung on the cord. The wind blows over the clothes and dries them.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Drying machines, nes. 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)Mexico$768M
Top Destination (2023)United States$1.34B

In 2023 Drying machines, nes were the world's 1298th most traded product (out of 4,644).

In 2023, the top exporters of Drying machines, nes were Mexico ($768M), South Korea ($704M), China ($267M), United States ($192M), and Germany ($119M).

In 2023, the top importers of Drying machines, nes were United States ($1.34B), Canada ($254M), South Korea ($143M), Mexico ($39.9M), and France ($28.1M).

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Exporters of Drying machines, nes (2023)
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Importers of Drying machines, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$17.1M
Top Destination Growth (2022 -  2023)Canada$28.6M

Between 2022 and 2023, the exports of Drying machines, nes grew the fastest in Germany ($17.1M), Sweden ($6.93M), United States ($6.8M), Poland ($5.99M), and Spain ($5.19M).

Between 2022 and 2023, the fastest growing importers of Drying machines, nes were Canada ($28.6M), Egypt ($8.44M), Brazil ($7.96M), France ($6.62M), and Italy ($5.25M).

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Exporters of Drying machines, nes (2022 - 2023)

Importers of Drying machines, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Drying machines, nes.

In 2023, market concentration measured using Shannon Entropy, was 2.73. This means that most of the exports of Drying machines, nes are explained by 6 countries.

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Value of Exports in Drying machines, nes

Net Trade

TOP NET EXPORTER (2023)Mexico$729M
TOP NET IMPORTER (2023)United States$1.15B

This map shows which countries export or import more of Drying machines, nes. Each country is colored based on the difference in exports and imports of Drying machines, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Drying machines, nes were Mexico ($729M), South Korea ($561M), China ($251M), Germany ($107M), and Thailand ($55.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Drying machines, nes were United States ($1.15B), Canada ($251M), Chinese Taipei ($22.4M), Brazil ($19.7M), and United Kingdom ($19.7M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Drying machines, nes 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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