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848690 (Harmonized System 2007 for 6-digit)

2023
World Trade $29.4BRnk 111 / 5026
2023
Top Exporter | Top Importer $7.57B | $4.2BUnited States | South Korea
2023
Product Complexity 1.68Rnk 100 / 5035
2022 - 2023
Export Growth (CAGR) -12.6%Rnk 3243 / 5026
2023
Share of World Trade 0.13%Rnk 111 / 5026

About

Overview This page contains the latest trade data of Machines and apparatus of heading 8486: parts and accessories. In 2023, Machines and apparatus of heading 8486: parts and accessories were the world's 111th most traded product, with a total trade of $29.4B. Between 2022 and 2023 the exports of Machines and apparatus of heading 8486: parts and accessories decreased by -12.6%, from $33.6B to $29.4B. Trade in Machines and apparatus of heading 8486: parts and accessories represent 0.13% of total world trade.

Machines and apparatus of heading 8486: parts and accessories are a part of Machines and apparatus of a kind used solely or principally for the....

Exports In 2023 the top exporters of Machines and apparatus of heading 8486: parts and accessories  were United States ($7.57B), Japan ($5.34B), Netherlands ($3.47B), South Korea ($2.39B), and China ($1.86B).

Imports In 2023 the top importers of Machines and apparatus of heading 8486: parts and accessories were South Korea ($4.2B), Chinese Taipei ($4.16B), China ($4.16B), Singapore ($3.61B), and United States ($3.52B).

Ranking Machines and apparatus of heading 8486: parts and accessories ranks 100th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machines and apparatus of heading 8486: parts and accessories. 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)United States$7.57B
Top Destination (2023)South Korea$4.2B

In 2023 Machines and apparatus of heading 8486: parts and accessories were the world's 111th most traded product (out of 5,026).

In 2023, the top exporters of Machines and apparatus of heading 8486: parts and accessories were United States ($7.57B), Japan ($5.34B), Netherlands ($3.47B), South Korea ($2.39B), and China ($1.86B).

In 2023, the top importers of Machines and apparatus of heading 8486: parts and accessories were South Korea ($4.2B), Chinese Taipei ($4.16B), China ($4.16B), Singapore ($3.61B), and United States ($3.52B).

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Exporters of Machines and apparatus of heading 8486: parts and accessories (2023)
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Importers of Machines and apparatus of heading 8486: parts and accessories (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$333M
Top Destination Growth (2022 -  2023)Netherlands$193M

Between 2022 and 2023, the exports of Machines and apparatus of heading 8486: parts and accessories grew the fastest in Netherlands ($333M), Chinese Taipei ($155M), Poland ($31.7M), Austria ($30.9M), and Ireland ($29.4M).

Between 2022 and 2023, the fastest growing importers of Machines and apparatus of heading 8486: parts and accessories were Netherlands ($193M), Italy ($60.1M), Switzerland ($48.4M), Belgium ($40.8M), and Czechia ($40.7M).

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Exporters of Machines and apparatus of heading 8486: parts and accessories (2022 - 2023)

Importers of Machines and apparatus of heading 8486: parts and accessories (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machines and apparatus of heading 8486: parts and accessories.

In 2023, market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Machines and apparatus of heading 8486: parts and accessories are explained by 10 countries.

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Value of Exports in Machines and apparatus of heading 8486: parts and accessories

Net Trade

TOP NET EXPORTER (2023)United States$4.05B
TOP NET IMPORTER (2023)Chinese Taipei$2.37B

This map shows which countries export or import more of Machines and apparatus of heading 8486: parts and accessories. Each country is colored based on the difference in exports and imports of Machines and apparatus of heading 8486: parts and accessories during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machines and apparatus of heading 8486: parts and accessories were United States ($4.05B), Japan ($3.39B), Netherlands ($756M), Malaysia ($647M), and Germany ($641M).

In 2023, the countries that had a largest trade value in imports than in exports of Machines and apparatus of heading 8486: parts and accessories were Chinese Taipei ($2.37B), China ($2.29B), Singapore ($2.03B), South Korea ($1.8B), and Ireland ($503M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Machines and apparatus of heading 8486: parts and accessories.
It is possible to select the main countries that export or import Machines and apparatus of heading 8486: parts and accessories in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machines and apparatus of heading 8486: parts and accessories 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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