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848420 (Harmonized System 1996 for 6-digit)

2022
World Trade $3.04BRnk 1165 / 4769
2022
Top Exporter | Top Importer $586M | $288MUnited States | United States
2022
Product Complexity 1.38Rnk 282 / 4776
2021 - 2022
Export Growth (CAGR) 2.69%Rnk 2621 / 4769
2022
Share of World Trade 0.013%Rnk 1165 / 4769

About

Overview This page contains the latest trade data of Mechanical Seals. In 2022, Mechanical Seals were the world's 1165th most traded product, with a total trade of $3.04B. Between 2021 and 2022 the exports of Mechanical Seals grew by 2.69%, from $2.96B to $3.04B. Trade in Mechanical Seals represent 0.013% of total world trade.

Mechanical Seals are a part of Gaskets and similar joints of metal sheeting combined with other material or....

Exports In 2022 the top exporters of Mechanical Seals  were United States ($586M), Germany ($584M), China ($270M), United Kingdom ($223M), and Japan ($149M).

Imports In 2022 the top importers of Mechanical Seals were United States ($288M), Germany ($234M), China ($196M), United Kingdom ($156M), and France ($123M).

Ranking Mechanical Seals ranks 282nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Mechanical Seals. 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 (2022)United States$586M
Top Destination (2022)United States$288M

In 2022 Mechanical Seals were the world's 1165th most traded product (out of 4,769).

In 2022, the top exporters of Mechanical Seals were United States ($586M), Germany ($584M), China ($270M), United Kingdom ($223M), and Japan ($149M).

In 2022, the top importers of Mechanical Seals were United States ($288M), Germany ($234M), China ($196M), United Kingdom ($156M), and France ($123M).

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Exporters of Mechanical Seals (2022)
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Importers of Mechanical Seals (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$48.4M
Top Destination Growth (2021 -  2022)United States$33.4M

Between 2021 and 2022, the exports of Mechanical Seals grew the fastest in China ($48.4M), United States ($31.1M), Czechia ($30.7M), United Kingdom ($21.4M), and Saudi Arabia ($10.6M).

Between 2021 and 2022, the fastest growing importers of Mechanical Seals were United States ($33.4M), Germany ($20.2M), Canada ($18.8M), United Kingdom ($18.4M), and Kuwait ($18M).

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Exporters of Mechanical Seals (2021 - 2022)

Importers of Mechanical Seals (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mechanical Seals.

In 2022, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Mechanical Seals are explained by 18 countries.

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Value of Exports in Mechanical Seals

Net Trade

TOP NET EXPORTER (2022)Germany$350M
TOP NET IMPORTER (2022)Brazil$84M

This map shows which countries export or import more of Mechanical Seals. Each country is colored based on the difference in exports and imports of Mechanical Seals during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Mechanical Seals were Germany ($350M), United States ($298M), Czechia ($80.7M), China ($74.5M), and Japan ($72.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Mechanical Seals were Brazil ($84M), Canada ($71.4M), Malaysia ($43.9M), Australia ($43.1M), and Poland ($42M).

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 Mechanical Seals.
It is possible to select the main countries that export or import Mechanical Seals in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Mechanical Seals 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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