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841989 (Harmonized System 1992 for 6-digit)

2023
World Trade $10.7BRnk 334 / 4644
2023
Top Exporter | Top Importer $1.7B | $1.24BChina | China
2023
Product Complexity 1.38Rnk 262 / 4656
2022 - 2023
Export Growth (CAGR) 7.24%Rnk 851 / 4644
2023
Share of World Trade 0.047%Rnk 334 / 4644

About

Overview This page contains the latest trade data of Machinery for treatment by temperature change nes. In 2023, Machinery for treatment by temperature change nes were the world's 334th most traded product, with a total trade of $10.7B. Between 2022 and 2023 the exports of Machinery for treatment by temperature change nes grew by 7.24%, from $9.95B to $10.7B. Trade in Machinery for treatment by temperature change nes represent 0.047% of total world trade.

Machinery for treatment by temperature change nes are a part of Other Heating Machinery.

Exports In 2023 the top exporters of Machinery for treatment by temperature change nes  were China ($1.7B), Germany ($1.7B), United States ($888M), Italy ($773M), and South Korea ($729M).

Imports In 2023 the top importers of Machinery for treatment by temperature change nes were China ($1.24B), United States ($1.15B), Germany ($734M), Singapore ($393M), and Mexico ($383M).

Ranking Machinery for treatment by temperature change nes ranks 262nd in the Product Complexity Index (PCI).

Description This category includes any other machinery not eslewhere specified in this category for the treatment of materials by a process involving a change of temperature such as heating, cooking, roasting, distilling, rectifying, sterilising, pasteurising, steaming, drying, evaporating, vaporising, condensing or cooling, other than machinery or plant of a kind used for domestic purposes; instantaneous or storage water heaters, non-electric.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machinery for treatment by temperature change 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)China$1.7B
Top Destination (2023)China$1.24B

In 2023 Machinery for treatment by temperature change nes were the world's 334th most traded product (out of 4,644).

In 2023, the top exporters of Machinery for treatment by temperature change nes were China ($1.7B), Germany ($1.7B), United States ($888M), Italy ($773M), and South Korea ($729M).

In 2023, the top importers of Machinery for treatment by temperature change nes were China ($1.24B), United States ($1.15B), Germany ($734M), Singapore ($393M), and Mexico ($383M).

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Exporters of Machinery for treatment by temperature change nes (2023)
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Importers of Machinery for treatment by temperature change nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Malaysia$261M
Top Destination Growth (2022 -  2023)China$232M

Between 2022 and 2023, the exports of Machinery for treatment by temperature change nes grew the fastest in Malaysia ($261M), Italy ($154M), South Korea ($150M), Canada ($104M), and India ($76.1M).

Between 2022 and 2023, the fastest growing importers of Machinery for treatment by temperature change nes were China ($232M), Germany ($167M), United States ($156M), Singapore ($94.9M), and India ($93.8M).

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Exporters of Machinery for treatment by temperature change nes (2022 - 2023)

Importers of Machinery for treatment by temperature change nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machinery for treatment by temperature change nes.

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Value of Exports in Machinery for treatment by temperature change nes

Net Trade

TOP NET EXPORTER (2023)Germany$965M
TOP NET IMPORTER (2023)Turkey$285M

This map shows which countries export or import more of Machinery for treatment by temperature change nes. Each country is colored based on the difference in exports and imports of Machinery for treatment by temperature change nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machinery for treatment by temperature change nes were Germany ($965M), Italy ($617M), South Korea ($489M), China ($462M), and Malaysia ($281M).

In 2023, the countries that had a largest trade value in imports than in exports of Machinery for treatment by temperature change nes were Turkey ($285M), Mexico ($281M), Indonesia ($275M), United States ($265M), and Singapore ($220M).

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 treatment by temperature change nes.
It is possible to select the main countries that export or import Machinery for treatment by temperature change nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machinery for treatment by temperature change 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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