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842870 (Harmonized System 2022 for 6-digit)

2023
World Trade $1.39BRnk 1889 / 5606
2023
Top Exporter | Top Importer $279M | $287MJapan | United States
2023
Product Complexity 1.26Rnk 444 / 5606
2022 - 2023
Export Growth (CAGR) 62.6%Rnk 115 / 5606
2023
Share of World Trade 0.0062%Rnk 1889 / 5606

About

Overview This page contains the latest trade data of Industrial robots. In 2023, Industrial robots were the world's 1889th most traded product, with a total trade of $1.39B. Between 2022 and 2023 the exports of Industrial robots grew by 62.6%, from $853M to $1.39B. Trade in Industrial robots represent 0.0062% of total world trade.

Industrial robots are a part of Lifting Machinery.

Exports In 2023 the top exporters of Industrial robots  were Japan ($279M), China ($183M), Luxembourg ($149M), Poland ($106M), and United States ($86.9M).

Imports In 2023 the top importers of Industrial robots were United States ($287M), Luxembourg ($89.2M), Germany ($73.3M), France ($63.6M), and United Kingdom ($58.8M).

Ranking Industrial robots ranks 444th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Industrial robots. 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

Year
Top Origin (2023)Japan$279M
Top Destination (2023)United States$287M

In 2023 Industrial robots were the world's 1889th most traded product (out of 5,606).

In 2023, the top exporters of Industrial robots were Japan ($279M), China ($183M), Luxembourg ($149M), Poland ($106M), and United States ($86.9M).

In 2023, the top importers of Industrial robots were United States ($287M), Luxembourg ($89.2M), Germany ($73.3M), France ($63.6M), and United Kingdom ($58.8M).

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Exporters of Industrial robots (2023)
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Importers of Industrial robots (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Luxembourg$144M
Top Destination Growth (2022 -  2023)Luxembourg$87.7M

Between 2022 and 2023, the exports of Industrial robots grew the fastest in Luxembourg ($144M), Japan ($136M), China ($49.6M), France ($43.2M), and United States ($40.7M).

Between 2022 and 2023, the fastest growing importers of Industrial robots were Luxembourg ($87.7M), France ($56.6M), Germany ($43.9M), Slovakia ($39.8M), and United Kingdom ($38.7M).

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Exporters of Industrial robots (2022 - 2023)

Importers of Industrial robots (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Industrial robots.

In 2023, market concentration measured using Shannon Entropy, was 4.07. This means that most of the exports of Industrial robots are explained by 16 countries.

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Value of Exports in Industrial robots

Net Trade

Year
TOP NET EXPORTER (2023)Japan$248M
TOP NET IMPORTER (2023)United States$200M

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

In 2023, the countries that had a largest trade value in exports than in imports of Industrial robots were Japan ($248M), China ($125M), Poland ($75.4M), Luxembourg ($59.9M), and Canada ($29.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Industrial robots were United States ($200M), United Kingdom ($41.2M), Slovakia ($39.1M), Vietnam ($35.7M), and Spain ($29.5M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Industrial robots by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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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