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847420 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.87BRnk 954 / 4648
2022
Top Exporter | Top Importer $1.1B | $603MChina | United States
2022
Product Complexity 0.23Rnk 2137 / 4653
2021 - 2022
Export Growth (CAGR) 10%Rnk 1600 / 4648
2022
Share of World Trade 0.016%Rnk 954 / 4648

About

Overview This page contains the latest trade data of Machines to crush or grind stone, ores and minerals. In 2022, Machines to crush or grind stone, ores and minerals were the world's 954th most traded product, with a total trade of $3.87B. Between 2021 and 2022 the exports of Machines to crush or grind stone, ores and minerals grew by 10%, from $3.52B to $3.87B. Trade in Machines to crush or grind stone, ores and minerals represent 0.016% of total world trade.

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

Exports In 2022 the top exporters of Machines to crush or grind stone, ores and minerals  were China ($1.1B), Germany ($522M), United Kingdom ($402M), Finland ($264M), and Italy ($167M).

Imports In 2022 the top importers of Machines to crush or grind stone, ores and minerals were United States ($603M), Australia ($163M), Germany ($157M), Canada ($148M), and Indonesia ($147M).

Ranking Machines to crush or grind stone, ores and minerals ranks 2137th 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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Y-AXIS SCALE

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 (2022)China$1.1B
Top Destination (2022)United States$603M

In 2022 Machines to crush or grind stone, ores and minerals were the world's 954th most traded product (out of 4,648).

In 2022, the top exporters of Machines to crush or grind stone, ores and minerals were China ($1.1B), Germany ($522M), United Kingdom ($402M), Finland ($264M), and Italy ($167M).

In 2022, the top importers of Machines to crush or grind stone, ores and minerals were United States ($603M), Australia ($163M), Germany ($157M), Canada ($148M), and Indonesia ($147M).

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Exporters of Machines to crush or grind stone, ores and minerals (2022)
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Importers of Machines to crush or grind stone, ores and minerals (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$256M
Top Destination Growth (2021 -  2022)United States$231M

Between 2021 and 2022, the exports of Machines to crush or grind stone, ores and minerals grew the fastest in China ($256M), Germany ($66.3M), Finland ($22M), Turkey ($21M), and Ireland ($15.6M).

Between 2021 and 2022, the fastest growing importers of Machines to crush or grind stone, ores and minerals were United States ($231M), Indonesia ($52.2M), Canada ($44.7M), Democratic Republic of the Congo ($39.8M), and Mexico ($17.6M).

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Exporters of Machines to crush or grind stone, ores and minerals (2021 - 2022)

Importers of Machines to crush or grind stone, ores and minerals (2021 - 2022)

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 2022, market concentration measured using Shannon Entropy, was 4. This means that most of the exports of Machines to crush or grind stone, ores and minerals are explained by 16 countries.

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

Net Trade

TOP NET EXPORTER (2022)China$1.03B
TOP NET IMPORTER (2022)United States$474M

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 2022.

In 2022, 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 ($1.03B), Germany ($365M), United Kingdom ($303M), Finland ($238M), and Italy ($115M).

In 2022, 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 ($474M), Indonesia ($147M), Australia ($135M), Russia ($101M), and Uzbekistan ($88.9M).

Net Trade (2022)

Country Comparison

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Measure
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 (2022)

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