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848790 (Harmonized System 2007 for 6-digit)

2023
World Trade $6.74BRnk 549 / 5026
2023
Top Exporter | Top Importer $1.41B | $733MGermany | Germany
2023
Product Complexity 1.17Rnk 555 / 5035
2022 - 2023
Export Growth (CAGR) -0.65%Rnk 1745 / 5026
2023
Share of World Trade 0.03%Rnk 549 / 5026

About

Overview This page contains the latest trade data of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84. In 2023, Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 were the world's 549th most traded product, with a total trade of $6.74B. Between 2022 and 2023 the exports of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 decreased by -0.65%, from $6.78B to $6.74B. Trade in Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 represent 0.03% of total world trade.

Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 are a part of Machinery parts; not containing electrical connectors, insulators, coils, contacts or other electrical....

Exports In 2023 the top exporters of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84  were Germany ($1.41B), China ($925M), United States ($678M), Japan ($359M), and Italy ($333M).

Imports In 2023 the top importers of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 were Germany ($733M), United States ($606M), China ($477M), France ($304M), and Netherlands ($228M).

Ranking Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 ranks 555th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84. 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)Germany$1.41B
Top Destination (2023)Germany$733M

In 2023 Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 were the world's 549th most traded product (out of 5,026).

In 2023, the top exporters of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 were Germany ($1.41B), China ($925M), United States ($678M), Japan ($359M), and Italy ($333M).

In 2023, the top importers of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 were Germany ($733M), United States ($606M), China ($477M), France ($304M), and Netherlands ($228M).

Explore Visualizations

Exporters of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 (2023)
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Importers of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$141M
Top Destination Growth (2022 -  2023)United Arab Emirates$42.9M

Between 2022 and 2023, the exports of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 grew the fastest in China ($141M), United Kingdom ($45.2M), Netherlands ($41M), Spain ($20.1M), and Canada ($19.9M).

Between 2022 and 2023, the fastest growing importers of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 were United Arab Emirates ($42.9M), Iran ($41.5M), Turkey ($32.1M), Russia ($27.6M), and United Kingdom ($26.9M).

Explore Visualizations

Exporters of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 (2022 - 2023)

Importers of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84.

In 2023, market concentration measured using Shannon Entropy, was 4.42. This means that most of the exports of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 are explained by 21 countries.

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Value of Exports in Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84

Net Trade

TOP NET EXPORTER (2023)Germany$678M
TOP NET IMPORTER (2023)Marshall Islands$171M

This map shows which countries export or import more of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84. Each country is colored based on the difference in exports and imports of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 were Germany ($678M), China ($448M), Japan ($232M), Chinese Taipei ($177M), and Italy ($134M).

In 2023, the countries that had a largest trade value in imports than in exports of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 were Marshall Islands ($171M), Egypt ($118M), Saudi Arabia ($114M), United Arab Emirates ($105M), and Russia ($98.4M).

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 parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84.
It is possible to select the main countries that export or import Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 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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