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Machinery; parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 84.70 to 84.72

8473 (Harmonized System 1992 for 4-digit)

2022
World Trade $299BRnk 12 / 1218
2022
Top Exporter | Top Importer $111B | $60.3BChina | United States
2022
Product Complexity 1.24Rnk 98 / 1033
2021 - 2022
Export Growth (CAGR) 0.66%Rnk 825 / 1218
2022
Share of World Trade 1.26%Rnk 12 / 1218

About

Overview This page contains the latest trade data of Office Machine Parts. In 2022, Office Machine Parts were the world's 12th most traded product, with a total trade of $299B. Between 2021 and 2022 the exports of Office Machine Parts grew by 0.66%, from $297B to $299B. Trade in Office Machine Parts represent 1.26% of total world trade.

Office Machine Parts are a part of Machinery, mechanical appliances, & parts. They include Parts and accessories of data processing equipment ne, Parts and accessories of office machines, nes, Parts and accessories of accounting machines, nes, Parts and accessories of typewriters, word processors, and Parts and accessories of electronic calculators.

Exports In 2022 the top exporters of Office Machine Parts  were China ($111B), Chinese Taipei ($26.4B), United States ($22.5B), Thailand ($19.3B), and Vietnam ($16.7B).

Imports In 2022 the top importers of Office Machine Parts were United States ($60.3B), Hong Kong ($30.5B), China ($27.2B), Mexico ($22.1B), and Germany ($18.2B).

Ranking Office Machine Parts ranks 98th in the Product Complexity Index (PCI).

Description Parts and accessories suitable for use solely or principally with machines of heading 8469 to 8472 are used in the production of other goods. They can be made from a variety of materials, including wood, plastic, metal, and glass.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Office Machine Parts. 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$111B
Top Destination (2022)United States$60.3B

In 2022 Office Machine Parts were the world's 12th most traded product (out of 1,218).

In 2022, the top exporters of Office Machine Parts were China ($111B), Chinese Taipei ($26.4B), United States ($22.5B), Thailand ($19.3B), and Vietnam ($16.7B).

In 2022, the top importers of Office Machine Parts were United States ($60.3B), Hong Kong ($30.5B), China ($27.2B), Mexico ($22.1B), and Germany ($18.2B).

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Exporters of Office Machine Parts (2022)
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Importers of Office Machine Parts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$4.93B
Top Destination Growth (2021 -  2022)United States$5.07B

Between 2021 and 2022, the exports of Office Machine Parts grew the fastest in Vietnam ($4.93B), Chinese Taipei ($2.36B), United States ($1.93B), Poland ($872M), and Hong Kong ($778M).

Between 2021 and 2022, the fastest growing importers of Office Machine Parts were United States ($5.07B), Mexico ($2.57B), Germany ($2.12B), Chinese Taipei ($1.3B), and United Kingdom ($1.29B).

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Exporters of Office Machine Parts (2021 - 2022)

Importers of Office Machine Parts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Office Machine Parts.

In 2022, market concentration measured using Shannon Entropy, was 3.64. This means that most of the exports of Office Machine Parts are explained by 12 countries.

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Value of Exports in Office Machine Parts

Net Trade

TOP NET EXPORTER (2022)China$84.2B
TOP NET IMPORTER (2022)United States$37.8B

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

In 2022, the countries that had a largest trade value in exports than in imports of Office Machine Parts were China ($84.2B), Chinese Taipei ($16.9B), Thailand ($15.6B), Vietnam ($14B), and South Korea ($9.96B).

In 2022, the countries that had a largest trade value in imports than in exports of Office Machine Parts were United States ($37.8B), Hong Kong ($26.3B), Mexico ($16.6B), Germany ($8.15B), and Netherlands ($5.16B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Office Machine Parts, disaggragated by their HS6 level were Parts and accessories of data processing... ($295B), Parts and accessories of office machines,... ($2.33B), Parts and accessories of accounting machines,... ($1.59B), Parts and accessories of electronic calculators ($320M), and Parts and accessories of typewriters, word... ($130k)

HS6 Disaggregation for Office Machine Parts (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Office Machine Parts.
It is possible to select the main countries that export or import Office Machine Parts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Office Machine Parts by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $891M
TOP IMPORT POTENTIALVietnam+ $1.14B

Office Machine Parts’s highest export potential is India. With an export gap of $891M.  Office Machine Parts’s highest import potential is Vietnam with an import gap of $1.14B.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Office Machine Parts.

Country by Relatedness

The following visualization shows the relatedness of Office Machine Parts to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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