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843210 (Harmonized System 1992 for 6-digit)

2023
World Trade $448MRnk 2970 / 4644
2023
Top Exporter | Top Importer $83.7M | $28.1MGermany | France
2023
Product Complexity 0.14Rnk 2294 / 4656
2022 - 2023
Export Growth (CAGR) -0.71%Rnk 1619 / 4644
2023
Share of World Trade 0.002%Rnk 2970 / 4644

About

Overview This page contains the latest trade data of Ploughs. In 2023, Ploughs were the world's 2970th most traded product, with a total trade of $448M. Between 2022 and 2023 the exports of Ploughs decreased by -0.71%, from $451M to $448M. Trade in Ploughs represent 0.002% of total world trade.

Ploughs are a part of Soil Preparation Machinery.

Exports In 2023 the top exporters of Ploughs  were Germany ($83.7M), France ($60.8M), Norway ($50.2M), United States ($27.3M), and China ($26.7M).

Imports In 2023 the top importers of Ploughs were France ($28.1M), Germany ($26.6M), Russia ($24.6M), Poland ($23.4M), and Canada ($20.7M).

Ranking Ploughs ranks 2294th in the Product Complexity Index (PCI).

Description Ploughs are primarily used in the fields to break up the soil so that the crops can be planted.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Ploughs. 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)Germany$83.7M
Top Destination (2023)France$28.1M

In 2023 Ploughs were the world's 2970th most traded product (out of 4,644).

In 2023, the top exporters of Ploughs were Germany ($83.7M), France ($60.8M), Norway ($50.2M), United States ($27.3M), and China ($26.7M).

In 2023, the top importers of Ploughs were France ($28.1M), Germany ($26.6M), Russia ($24.6M), Poland ($23.4M), and Canada ($20.7M).

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Exporters of Ploughs (2023)
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Importers of Ploughs (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$9.69M
Top Destination Growth (2022 -  2023)Russia$6.12M

Between 2022 and 2023, the exports of Ploughs grew the fastest in France ($9.69M), Australia ($3.23M), India ($2.2M), Spain ($1.39M), and Denmark ($1.28M).

Between 2022 and 2023, the fastest growing importers of Ploughs were Russia ($6.12M), Germany ($4.71M), Netherlands ($4.39M), Ukraine ($2.91M), and Kuwait ($2.66M).

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Exporters of Ploughs (2022 - 2023)

Importers of Ploughs (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ploughs.

In 2023, market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Ploughs are explained by 19 countries.

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Value of Exports in Ploughs

Net Trade

TOP NET EXPORTER (2023)Germany$57.2M
TOP NET IMPORTER (2023)Russia$21.7M

This map shows which countries export or import more of Ploughs. Each country is colored based on the difference in exports and imports of Ploughs during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ploughs were Germany ($57.2M), Norway ($49.2M), France ($32.7M), China ($23.6M), and Turkey ($17.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Ploughs were Russia ($21.7M), Canada ($16.8M), United Kingdom ($14.9M), Bulgaria ($14.8M), and Ukraine ($13.8M).

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

Top 10 Exporters Countries of Ploughs 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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