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842482 (Harmonized System 2017 for 6-digit)

2023
World Trade $2.32BRnk 1367 / 5380
2023
Top Exporter | Top Importer $471M | $222MUnited States | Mexico
2023
Product Complexity 0.051Rnk 2850 / 5381
2022 - 2023
Export Growth (CAGR) -8.06%Rnk 2959 / 5380
2023
Share of World Trade 0.01%Rnk 1367 / 5380

About

Overview This page contains the latest trade data of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424. In 2023, Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 were the world's 1367th most traded product, with a total trade of $2.32B. Between 2022 and 2023 the exports of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 decreased by -8.06%, from $2.52B to $2.32B. Trade in Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 represent 0.01% of total world trade.

Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 are a part of Mechanical appliances for projecting, dispersing or spraying liquids or powders; fire extinguishers,....

Exports In 2023 the top exporters of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424  were United States ($471M), China ($235M), Italy ($215M), Turkey ($163M), and Spain ($134M).

Imports In 2023 the top importers of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 were Mexico ($222M), United States ($140M), Canada ($128M), Iraq ($118M), and France ($112M).

Ranking Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 ranks 2850th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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$471M
Top Destination (2023)Mexico$222M

In 2023 Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 were the world's 1367th most traded product (out of 5,380).

In 2023, the top exporters of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 were United States ($471M), China ($235M), Italy ($215M), Turkey ($163M), and Spain ($134M).

In 2023, the top importers of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 were Mexico ($222M), United States ($140M), Canada ($128M), Iraq ($118M), and France ($112M).

Explore Visualizations

Exporters of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 (2023)
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Importers of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Africa$29.8M
Top Destination Growth (2022 -  2023)Iraq$68.9M

Between 2022 and 2023, the exports of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 grew the fastest in South Africa ($29.8M), Italy ($22.7M), Austria ($13.3M), United Arab Emirates ($6.76M), and Uzbekistan ($4.18M).

Between 2022 and 2023, the fastest growing importers of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 were Iraq ($68.9M), Zimbabwe ($25.3M), Algeria ($14.7M), Romania ($10.7M), and India ($9.6M).

Explore Visualizations

Exporters of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 (2022 - 2023)

Importers of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424.

In 2023, market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 are explained by 19 countries.

Explore Visualizations

Value of Exports in Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424

Net Trade

TOP NET EXPORTER (2023)United States$331M
TOP NET IMPORTER (2023)Iraq$118M

This map shows which countries export or import more of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424. Each country is colored based on the difference in exports and imports of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 were United States ($331M), China ($222M), Italy ($147M), Turkey ($134M), and Israel ($110M).

In 2023, the countries that had a largest trade value in imports than in exports of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 were Iraq ($118M), Canada ($111M), Mexico ($93.1M), Romania ($81.8M), and Australia ($77.4M).

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 Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424.
It is possible to select the main countries that export or import Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Mechanical appliances; agricultural or horticultural, n.e.c. in heading 8424 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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