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847420 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.63BRnk 791 / 4644
2023
Top Exporter | Top Importer $1.43B | $638MChina | United States
2023
Product Complexity 0.41Rnk 1841 / 4656
2022 - 2023
Export Growth (CAGR) 20.3%Rnk 287 / 4644
2023
Share of World Trade 0.02%Rnk 791 / 4644

About

Overview This page contains the latest trade data of Machines to crush or grind stone, ores and minerals. In 2023, Machines to crush or grind stone, ores and minerals were the world's 791st most traded product, with a total trade of $4.63B. Between 2022 and 2023 the exports of Machines to crush or grind stone, ores and minerals grew by 20.3%, from $3.85B to $4.63B. Trade in Machines to crush or grind stone, ores and minerals represent 0.02% of total world trade.

Machines to crush or grind stone, ores and minerals are a part of Stone Processing Machines.

Exports In 2023 the top exporters of Machines to crush or grind stone, ores and minerals  were China ($1.43B), United Kingdom ($606M), Germany ($490M), Finland ($217M), and Austria ($177M).

Imports In 2023 the top importers of Machines to crush or grind stone, ores and minerals were United States ($638M), Uzbekistan ($356M), Kazakhstan ($262M), Australia ($205M), and Russia ($198M).

Ranking Machines to crush or grind stone, ores and minerals ranks 1841st in the Product Complexity Index (PCI).

Description Machines to crush or grind stone, ores and minerals are used to make materials easier to work with.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machines to crush or grind stone, ores and minerals. 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$1.43B
Top Destination (2023)United States$638M

In 2023 Machines to crush or grind stone, ores and minerals were the world's 791st most traded product (out of 4,644).

In 2023, the top exporters of Machines to crush or grind stone, ores and minerals were China ($1.43B), United Kingdom ($606M), Germany ($490M), Finland ($217M), and Austria ($177M).

In 2023, the top importers of Machines to crush or grind stone, ores and minerals were United States ($638M), Uzbekistan ($356M), Kazakhstan ($262M), Australia ($205M), and Russia ($198M).

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Exporters of Machines to crush or grind stone, ores and minerals (2023)
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Importers of Machines to crush or grind stone, ores and minerals (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$306M
Top Destination Growth (2022 -  2023)Uzbekistan$225M

Between 2022 and 2023, the exports of Machines to crush or grind stone, ores and minerals grew the fastest in China ($306M), United Kingdom ($160M), Russia ($121M), Spain ($83.6M), and Germany ($54.8M).

Between 2022 and 2023, the fastest growing importers of Machines to crush or grind stone, ores and minerals were Uzbekistan ($225M), Kazakhstan ($223M), United States ($125M), Russia ($74M), and Australia ($35.9M).

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Exporters of Machines to crush or grind stone, ores and minerals (2022 - 2023)

Importers of Machines to crush or grind stone, ores and minerals (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machines to crush or grind stone, ores and minerals.

In 2023, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Machines to crush or grind stone, ores and minerals are explained by 15 countries.

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Value of Exports in Machines to crush or grind stone, ores and minerals

Net Trade

TOP NET EXPORTER (2023)China$1.37B
TOP NET IMPORTER (2023)United States$514M

This map shows which countries export or import more of Machines to crush or grind stone, ores and minerals. Each country is colored based on the difference in exports and imports of Machines to crush or grind stone, ores and minerals during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machines to crush or grind stone, ores and minerals were China ($1.37B), United Kingdom ($515M), Germany ($362M), Finland ($203M), and Austria ($131M).

In 2023, the countries that had a largest trade value in imports than in exports of Machines to crush or grind stone, ores and minerals were United States ($514M), Uzbekistan ($355M), Kazakhstan ($261M), Australia ($170M), and Indonesia ($156M).

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 Machines to crush or grind stone, ores and minerals.
It is possible to select the main countries that export or import Machines to crush or grind stone, ores and minerals in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machines to crush or grind stone, ores and minerals 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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