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843610 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.11BRnk 2081 / 4648
2022
Top Exporter | Top Importer $150M | $108MChina | United States
2022
Product Complexity 0.47Rnk 1687 / 4653
2021 - 2022
Export Growth (CAGR) -2.1%Rnk 3267 / 4648
2022
Share of World Trade 0.0047%Rnk 2081 / 4648

About

Overview This page contains the latest trade data of Machinery for preparing animal feeding stuffs. In 2022, Machinery for preparing animal feeding stuffs were the world's 2081st most traded product, with a total trade of $1.11B. Between 2021 and 2022 the exports of Machinery for preparing animal feeding stuffs decreased by -2.1%, from $1.13B to $1.11B. Trade in Machinery for preparing animal feeding stuffs represent 0.0047% of total world trade.

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

Exports In 2022 the top exporters of Machinery for preparing animal feeding stuffs  were China ($150M), Germany ($118M), Netherlands ($111M), Italy ($97.5M), and United States ($95.7M).

Imports In 2022 the top importers of Machinery for preparing animal feeding stuffs were United States ($108M), Germany ($59.2M), France ($43.8M), United Kingdom ($41.4M), and Canada ($39.3M).

Ranking Machinery for preparing animal feeding stuffs ranks 1687th 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 (2022)China$150M
Top Destination (2022)United States$108M

In 2022 Machinery for preparing animal feeding stuffs were the world's 2081st most traded product (out of 4,648).

In 2022, the top exporters of Machinery for preparing animal feeding stuffs were China ($150M), Germany ($118M), Netherlands ($111M), Italy ($97.5M), and United States ($95.7M).

In 2022, the top importers of Machinery for preparing animal feeding stuffs were United States ($108M), Germany ($59.2M), France ($43.8M), United Kingdom ($41.4M), and Canada ($39.3M).

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Exporters of Machinery for preparing animal feeding stuffs (2022)
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Importers of Machinery for preparing animal feeding stuffs (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$26M
Top Destination Growth (2021 -  2022)United States$17.2M

Between 2021 and 2022, the exports of Machinery for preparing animal feeding stuffs grew the fastest in United States ($26M), China ($25.7M), Canada ($15.7M), Slovakia ($11.8M), and Turkey ($11.3M).

Between 2021 and 2022, the fastest growing importers of Machinery for preparing animal feeding stuffs were United States ($17.2M), India ($13.4M), Ecuador ($12.5M), Canada ($9.49M), and Turkey ($9.04M).

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Exporters of Machinery for preparing animal feeding stuffs (2021 - 2022)

Importers of Machinery for preparing animal feeding stuffs (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Machinery for preparing animal feeding stuffs are explained by 20 countries.

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Value of Exports in Machinery for preparing animal feeding stuffs

Net Trade

TOP NET EXPORTER (2022)China$130M
TOP NET IMPORTER (2022)United Kingdom$24.8M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machinery for preparing animal feeding stuffs were China ($130M), Netherlands ($83M), Italy ($76.2M), Germany ($59M), and Turkey ($42.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Machinery for preparing animal feeding stuffs were United Kingdom ($24.8M), Mexico ($21.9M), Russia ($21.7M), Ecuador ($21.4M), and Indonesia ($17.8M).

Net Trade (2022)

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 (2022)

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