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842831 (Harmonized System 1992 for 6-digit)

2023
World Trade $119MRnk 3976 / 4644
2023
Top Exporter | Top Importer $38.6M | $17.8MChina | China
2023
Product Complexity 0.74Rnk 1223 / 4656
2022 - 2023
Export Growth (CAGR) -20.1%Rnk 3691 / 4644
2023
Share of World Trade 0.00053%Rnk 3976 / 4644

About

Overview This page contains the latest trade data of Mine conveyors/elevators, continuous action. In 2023, Mine conveyors/elevators, continuous action were the world's 3976th most traded product, with a total trade of $119M. Between 2022 and 2023 the exports of Mine conveyors/elevators, continuous action decreased by -20.1%, from $149M to $119M. Trade in Mine conveyors/elevators, continuous action represent 0.00053% of total world trade.

Mine conveyors/elevators, continuous action are a part of Lifting Machinery.

Exports In 2023 the top exporters of Mine conveyors/elevators, continuous action  were China ($38.6M), Germany ($20.5M), United States ($7.61M), Poland ($6.49M), and Russia ($6.4M).

Imports In 2023 the top importers of Mine conveyors/elevators, continuous action were China ($17.8M), United Kingdom ($14.7M), Russia ($12.1M), Kazakhstan ($9.6M), and Indonesia ($6.89M).

Ranking Mine conveyors/elevators, continuous action ranks 1223rd in the Product Complexity Index (PCI).

Description Mine conveyors/elevators are used to transport ore, coal, or other materials from a mine shaft to the surface. They consist of a belt or a chain that is either powered by a motor or gravity. Loads are placed on the belt, which then moves the load to the surface. They are often used in mines that are at an elevation that is too steep to extend a ramp.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Mine conveyors/elevators, continuous action. 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$38.6M
Top Destination (2023)China$17.8M

In 2023 Mine conveyors/elevators, continuous action were the world's 3976th most traded product (out of 4,644).

In 2023, the top exporters of Mine conveyors/elevators, continuous action were China ($38.6M), Germany ($20.5M), United States ($7.61M), Poland ($6.49M), and Russia ($6.4M).

In 2023, the top importers of Mine conveyors/elevators, continuous action were China ($17.8M), United Kingdom ($14.7M), Russia ($12.1M), Kazakhstan ($9.6M), and Indonesia ($6.89M).

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Exporters of Mine conveyors/elevators, continuous action (2023)
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Importers of Mine conveyors/elevators, continuous action (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$12.1M
Top Destination Growth (2022 -  2023)United Kingdom$8.65M

Between 2022 and 2023, the exports of Mine conveyors/elevators, continuous action grew the fastest in China ($12.1M), Russia ($3.38M), Turkey ($2.07M), Czechia ($1.7M), and Australia ($1.41M).

Between 2022 and 2023, the fastest growing importers of Mine conveyors/elevators, continuous action were United Kingdom ($8.65M), Saudi Arabia ($4.88M), Indonesia ($4.23M), Kazakhstan ($2.2M), and Norway ($2.09M).

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Exporters of Mine conveyors/elevators, continuous action (2022 - 2023)

Importers of Mine conveyors/elevators, continuous action (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Mine conveyors/elevators, continuous action.

In 2023, market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Mine conveyors/elevators, continuous action are explained by 11 countries.

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Value of Exports in Mine conveyors/elevators, continuous action

Net Trade

TOP NET EXPORTER (2023)China$20.9M
TOP NET IMPORTER (2023)United Kingdom$13.8M

This map shows which countries export or import more of Mine conveyors/elevators, continuous action. Each country is colored based on the difference in exports and imports of Mine conveyors/elevators, continuous action during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Mine conveyors/elevators, continuous action were China ($20.9M), Germany ($18.5M), Poland ($5.66M), United States ($5.15M), and Czechia ($5.04M).

In 2023, the countries that had a largest trade value in imports than in exports of Mine conveyors/elevators, continuous action were United Kingdom ($13.8M), Kazakhstan ($9.56M), Russia ($5.69M), Norway ($4.77M), and Canada ($3.06M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Mine conveyors/elevators, continuous action.
It is possible to select the main countries that export or import Mine conveyors/elevators, continuous action in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Mine conveyors/elevators, continuous action 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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