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843610 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.27BRnk 1845 / 4644
2023
Top Exporter | Top Importer $207M | $127MChina | United States
2023
Product Complexity 0.54Rnk 1591 / 4656
2022 - 2023
Export Growth (CAGR) 11.8%Rnk 574 / 4644
2023
Share of World Trade 0.0056%Rnk 1845 / 4644

About

Overview This page contains the latest trade data of Machinery for preparing animal feeding stuffs. In 2023, Machinery for preparing animal feeding stuffs were the world's 1845th most traded product, with a total trade of $1.27B. Between 2022 and 2023 the exports of Machinery for preparing animal feeding stuffs grew by 11.8%, from $1.13B to $1.27B. Trade in Machinery for preparing animal feeding stuffs represent 0.0056% of total world trade.

Machinery for preparing animal feeding stuffs are a part of Other Agricultural Machinery.

Exports In 2023 the top exporters of Machinery for preparing animal feeding stuffs  were China ($207M), Netherlands ($150M), Germany ($148M), Italy ($112M), and Canada ($95.9M).

Imports In 2023 the top importers of Machinery for preparing animal feeding stuffs were United States ($127M), Germany ($65.3M), France ($58.3M), United Kingdom ($49.9M), and Russia ($47M).

Ranking Machinery for preparing animal feeding stuffs ranks 1591st in the Product Complexity Index (PCI).

Description Machinery for preparing animal feeding stuffs includes a hammer mill to grind grains, a mixer to mix grains with water and other ingredients, and a cooker to heat grains and liquid.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machinery for preparing animal feeding stuffs. 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$207M
Top Destination (2023)United States$127M

In 2023 Machinery for preparing animal feeding stuffs were the world's 1845th most traded product (out of 4,644).

In 2023, the top exporters of Machinery for preparing animal feeding stuffs were China ($207M), Netherlands ($150M), Germany ($148M), Italy ($112M), and Canada ($95.9M).

In 2023, the top importers of Machinery for preparing animal feeding stuffs were United States ($127M), Germany ($65.3M), France ($58.3M), United Kingdom ($49.9M), and Russia ($47M).

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Exporters of Machinery for preparing animal feeding stuffs (2023)
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Importers of Machinery for preparing animal feeding stuffs (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$38.8M
Top Destination Growth (2022 -  2023)Argentina$39.2M

Between 2022 and 2023, the exports of Machinery for preparing animal feeding stuffs grew the fastest in Germany ($38.8M), Netherlands ($32.8M), China ($18.4M), Poland ($16.5M), and Denmark ($16.1M).

Between 2022 and 2023, the fastest growing importers of Machinery for preparing animal feeding stuffs were Argentina ($39.2M), Philippines ($23M), United States ($22.6M), Russia ($21.8M), and Germany ($15.2M).

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Exporters of Machinery for preparing animal feeding stuffs (2022 - 2023)

Importers of Machinery for preparing animal feeding stuffs (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machinery for preparing animal feeding stuffs.

In 2023, market concentration measured using Shannon Entropy, was 4.19. This means that most of the exports of Machinery for preparing animal feeding stuffs are explained by 18 countries.

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Value of Exports in Machinery for preparing animal feeding stuffs

Net Trade

TOP NET EXPORTER (2023)China$192M
TOP NET IMPORTER (2023)Argentina$45.7M

This map shows which countries export or import more of Machinery for preparing animal feeding stuffs. Each country is colored based on the difference in exports and imports of Machinery for preparing animal feeding stuffs during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machinery for preparing animal feeding stuffs were China ($192M), Netherlands ($118M), Italy ($88.2M), Germany ($82.5M), and Canada ($59.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Machinery for preparing animal feeding stuffs were Argentina ($45.7M), Russia ($44.9M), Philippines ($40.4M), United States ($36.5M), and United Kingdom ($34.4M).

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 Machinery for preparing animal feeding stuffs.
It is possible to select the main countries that export or import Machinery for preparing animal feeding stuffs in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machinery for preparing animal feeding stuffs 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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