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903290 (Harmonized System 1992 for 6-digit)

2022
World Trade $6.18BRnk 624 / 4648
2022
Top Exporter | Top Importer $1.53B | $871MJapan | United States
2022
Product Complexity 0.76Rnk 1166 / 4653
2021 - 2022
Export Growth (CAGR) -7.64%Rnk 3797 / 4648
2022
Share of World Trade 0.026%Rnk 624 / 4648

About

Overview This page contains the latest trade data of Parts and accessories for automatic controls. In 2022, Parts and accessories for automatic controls were the world's 624th most traded product, with a total trade of $6.18B. Between 2021 and 2022 the exports of Parts and accessories for automatic controls decreased by -7.64%, from $6.69B to $6.18B. Trade in Parts and accessories for automatic controls represent 0.026% of total world trade.

Parts and accessories for automatic controls are a part of Thermostats.

Exports In 2022 the top exporters of Parts and accessories for automatic controls  were Japan ($1.53B), China ($1.27B), Germany ($474M), United States ($387M), and United Kingdom ($306M).

Imports In 2022 the top importers of Parts and accessories for automatic controls were United States ($871M), China ($621M), Hong Kong ($401M), Germany ($378M), and Japan ($374M).

Ranking Parts and accessories for automatic controls ranks 1166th in the Product Complexity Index (PCI).

Description A variety of sensors are used in automatic control applications. The most common sensor is the proximity sensor, which is used to detect when an object near the sensor has changed position. Other types of sensors are limit switches, position sensors, and rotary encoders, which are used to determine the position of a shaft.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Parts and accessories for automatic controls. 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)Japan$1.53B
Top Destination (2022)United States$871M

In 2022 Parts and accessories for automatic controls were the world's 624th most traded product (out of 4,648).

In 2022, the top exporters of Parts and accessories for automatic controls were Japan ($1.53B), China ($1.27B), Germany ($474M), United States ($387M), and United Kingdom ($306M).

In 2022, the top importers of Parts and accessories for automatic controls were United States ($871M), China ($621M), Hong Kong ($401M), Germany ($378M), and Japan ($374M).

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Exporters of Parts and accessories for automatic controls (2022)
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Importers of Parts and accessories for automatic controls (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$51.9M
Top Destination Growth (2021 -  2022)Malaysia$33.5M

Between 2021 and 2022, the exports of Parts and accessories for automatic controls grew the fastest in United States ($51.9M), Thailand ($44.9M), Mexico ($39.4M), Poland ($30M), and Hong Kong ($27.3M).

Between 2021 and 2022, the fastest growing importers of Parts and accessories for automatic controls were Malaysia ($33.5M), Brazil ($29.1M), Italy ($18.9M), Mexico ($17.9M), and Slovakia ($12.8M).

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Exporters of Parts and accessories for automatic controls (2021 - 2022)

Importers of Parts and accessories for automatic controls (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts and accessories for automatic controls.

In 2022, market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Parts and accessories for automatic controls are explained by 16 countries.

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Value of Exports in Parts and accessories for automatic controls

Net Trade

TOP NET EXPORTER (2022)Japan$1.16B
TOP NET IMPORTER (2022)United States$484M

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

In 2022, the countries that had a largest trade value in exports than in imports of Parts and accessories for automatic controls were Japan ($1.16B), China ($646M), United Kingdom ($189M), Germany ($96.3M), and Norway ($28.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts and accessories for automatic controls were United States ($484M), Hong Kong ($340M), Thailand ($188M), India ($133M), and Brazil ($121M).

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 Parts and accessories for automatic controls.
It is possible to select the main countries that export or import Parts and accessories for automatic controls in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts and accessories for automatic controls 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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