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8487 (Harmonized System 2007 for 4-digit)

2023
World Trade $7.78BRnk 424 / 1221
2023
Top Exporter | Top Importer $1.53B | $750MGermany | Germany
2023
Product Complexity 1.1Rnk 141 / 1046
2022 - 2023
Export Growth (CAGR) 0.33%Rnk 400 / 1221
2023
Share of World Trade 0.034%Rnk 424 / 1221

About

Overview This page contains the latest trade data of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.. In 2023, Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were the world's 424th most traded product, with a total trade of $7.78B. Between 2022 and 2023 the exports of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. grew by 0.33%, from $7.76B to $7.78B. Trade in Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. represent 0.034% of total world trade.

Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. are a part of Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof. They include Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical... and Ships' or boats' propellers and blades therefor.

Exports In 2023 the top exporters of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.  were Germany ($1.53B), China ($1.04B), United States ($727M), Japan ($552M), and Italy ($355M).

Imports In 2023 the top importers of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were Germany ($750M), China ($701M), United States ($690M), France ($326M), and Netherlands ($277M).

Ranking Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. ranks 141st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.. 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$1.53B
Top Destination (2023)Germany$750M

In 2023 Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were the world's 424th most traded product (out of 1,221).

In 2023, the top exporters of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were Germany ($1.53B), China ($1.04B), United States ($727M), Japan ($552M), and Italy ($355M).

In 2023, the top importers of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were Germany ($750M), China ($701M), United States ($690M), France ($326M), and Netherlands ($277M).

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Exporters of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. (2023)
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Importers of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$173M
Top Destination Growth (2022 -  2023)Turkey$64.3M

Between 2022 and 2023, the exports of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. grew the fastest in China ($173M), Netherlands ($57.7M), United Kingdom ($49.2M), Finland ($33.6M), and Canada ($21.6M).

Between 2022 and 2023, the fastest growing importers of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. were Turkey ($64.3M), United Arab Emirates ($56.5M), Iran ($41.5M), Russia ($33.2M), and United Kingdom ($28.2M).

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Exporters of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. (2022 - 2023)

Importers of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. (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, not specified or included elsewhere in this Chapter..

In 2023, market concentration measured using Shannon Entropy, was 4.5. This means that most of the exports of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. are explained by 22 countries.

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Value of Exports in Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.

Net Trade

TOP NET EXPORTER (2023)Germany$784M
TOP NET IMPORTER (2023)Marshall Islands$173M

This map shows which countries export or import more of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.. 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, not specified or included elsewhere in this Chapter. 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, not specified or included elsewhere in this Chapter. were Germany ($784M), Japan ($395M), China ($340M), Chinese Taipei ($233M), and Italy ($128M).

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, not specified or included elsewhere in this Chapter. were Marshall Islands ($173M), South Korea ($129M), Russia ($126M), Egypt ($124M), and United Arab Emirates ($120M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Machinery parts, not containing electrical connectors,..., disaggragated by their HS6 level were Machinery parts: not containing electrical connectors,... ($6.74B) and Ships' or boats' propellers and blades... ($1.04B)

HS6 Disaggregation for Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. (2023)
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Country Comparison

Flow
Measure
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, not specified or included elsewhere in this Chapter..
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, not specified or included elsewhere in this Chapter. 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, not specified or included elsewhere in this Chapter. by percentage of total exports

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $30.1M
TOP IMPORT POTENTIALUnited States+ $19.4M

Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.’s highest export potential is United States. With an export gap of $30.1M.  Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter.’s highest import potential is United States with an import gap of $19.4M.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Machinery parts, not containing electrical connectors, insulators, coils, contacts or other electrical features, not specified or included elsewhere in this Chapter. to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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