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847432 (Harmonized System 1992 for 6-digit)

2023
World Trade $498MRnk 2860 / 4644
2023
Top Exporter | Top Importer $159M | $78.5MChina | Russia
2023
Product Complexity -0.96Rnk 3772 / 4656
2022 - 2023
Export Growth (CAGR) 3.71%Rnk 1164 / 4644
2023
Share of World Trade 0.0022%Rnk 2860 / 4644

About

Overview This page contains the latest trade data of Machines for mixing mineral substances with bitumen. In 2023, Machines for mixing mineral substances with bitumen were the world's 2860th most traded product, with a total trade of $498M. Between 2022 and 2023 the exports of Machines for mixing mineral substances with bitumen grew by 3.71%, from $480M to $498M. Trade in Machines for mixing mineral substances with bitumen represent 0.0022% of total world trade.

Machines for mixing mineral substances with bitumen are a part of Stone Processing Machines.

Exports In 2023 the top exporters of Machines for mixing mineral substances with bitumen  were China ($159M), Germany ($70.3M), Italy ($64.8M), Turkey ($40.4M), and Brazil ($32.6M).

Imports In 2023 the top importers of Machines for mixing mineral substances with bitumen were Russia ($78.5M), Saudi Arabia ($20M), Romania ($19.2M), Thailand ($16.4M), and United Kingdom ($16.4M).

Ranking Machines for mixing mineral substances with bitumen ranks 3772nd in the Product Complexity Index (PCI).

Description There are many types of machines for mixing mineral substances with bitumen. These include: A rotary drum mixer, a compactor, a pugmill, a vertical continuous mixer, a horizontal mixer, a drum mixer, and a bucket mixer. The most common machine is a rotary drum mixer, which is usually powered by an electric motor.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machines for mixing mineral substances with bitumen. 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$159M
Top Destination (2023)Russia$78.5M

In 2023 Machines for mixing mineral substances with bitumen were the world's 2860th most traded product (out of 4,644).

In 2023, the top exporters of Machines for mixing mineral substances with bitumen were China ($159M), Germany ($70.3M), Italy ($64.8M), Turkey ($40.4M), and Brazil ($32.6M).

In 2023, the top importers of Machines for mixing mineral substances with bitumen were Russia ($78.5M), Saudi Arabia ($20M), Romania ($19.2M), Thailand ($16.4M), and United Kingdom ($16.4M).

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Exporters of Machines for mixing mineral substances with bitumen (2023)
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Importers of Machines for mixing mineral substances with bitumen (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$42.6M
Top Destination Growth (2022 -  2023)Russia$17.3M

Between 2022 and 2023, the exports of Machines for mixing mineral substances with bitumen grew the fastest in China ($42.6M), Italy ($11.7M), Germany ($7.28M), India ($3.96M), and Marshall Islands ($3.81M).

Between 2022 and 2023, the fastest growing importers of Machines for mixing mineral substances with bitumen were Russia ($17.3M), Canada ($10.8M), Saudi Arabia ($10.1M), Romania ($9.98M), and Nigeria ($9.48M).

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Exporters of Machines for mixing mineral substances with bitumen (2022 - 2023)

Importers of Machines for mixing mineral substances with bitumen (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machines for mixing mineral substances with bitumen.

In 2023, market concentration measured using Shannon Entropy, was 3.5. This means that most of the exports of Machines for mixing mineral substances with bitumen are explained by 11 countries.

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Value of Exports in Machines for mixing mineral substances with bitumen

Net Trade

TOP NET EXPORTER (2023)China$157M
TOP NET IMPORTER (2023)Russia$78.2M

This map shows which countries export or import more of Machines for mixing mineral substances with bitumen. Each country is colored based on the difference in exports and imports of Machines for mixing mineral substances with bitumen during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machines for mixing mineral substances with bitumen were China ($157M), Germany ($67.3M), Italy ($59M), Turkey ($33M), and Brazil ($27.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Machines for mixing mineral substances with bitumen were Russia ($78.2M), Romania ($18.9M), Thailand ($16.3M), Canada ($14.1M), and Mexico ($10M).

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 for mixing mineral substances with bitumen.
It is possible to select the main countries that export or import Machines for mixing mineral substances with bitumen in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machines for mixing mineral substances with bitumen 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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