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847940 (Harmonized System 1992 for 6-digit)

2023
World Trade $848MRnk 2290 / 4644
2023
Top Exporter | Top Importer $184M | $123MChina | United States
2023
Product Complexity 1.05Rnk 707 / 4656
2022 - 2023
Export Growth (CAGR) 15.7%Rnk 420 / 4644
2023
Share of World Trade 0.0038%Rnk 2290 / 4644

About

Overview This page contains the latest trade data of Rope or cable-making machines. In 2023, Rope or cable-making machines were the world's 2290th most traded product, with a total trade of $848M. Between 2022 and 2023 the exports of Rope or cable-making machines grew by 15.7%, from $733M to $848M. Trade in Rope or cable-making machines represent 0.0038% of total world trade.

Rope or cable-making machines are a part of Machinery Having Individual Functions.

Exports In 2023 the top exporters of Rope or cable-making machines  were China ($184M), Germany ($120M), Finland ($86.6M), Italy ($77.2M), and Austria ($67.1M).

Imports In 2023 the top importers of Rope or cable-making machines were United States ($123M), Mexico ($80.9M), China ($70.5M), Germany ($40.6M), and Poland ($38.7M).

Ranking Rope or cable-making machines ranks 707th in the Product Complexity Index (PCI).

Description Rope and cable-making machines are used to create a strong and sturdy material. A machine will usually have a long spindle and cylindrical wheel attached to it. You can feed the material through the machine and it will be squeezed and twisted to create a long and strong material.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rope or cable-making machines. 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$184M
Top Destination (2023)United States$123M

In 2023 Rope or cable-making machines were the world's 2290th most traded product (out of 4,644).

In 2023, the top exporters of Rope or cable-making machines were China ($184M), Germany ($120M), Finland ($86.6M), Italy ($77.2M), and Austria ($67.1M).

In 2023, the top importers of Rope or cable-making machines were United States ($123M), Mexico ($80.9M), China ($70.5M), Germany ($40.6M), and Poland ($38.7M).

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Exporters of Rope or cable-making machines (2023)
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Importers of Rope or cable-making machines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$24.6M
Top Destination Growth (2022 -  2023)Poland$24.9M

Between 2022 and 2023, the exports of Rope or cable-making machines grew the fastest in China ($24.6M), Spain ($24.3M), Italy ($17.8M), Czechia ($17.6M), and Austria ($16.5M).

Between 2022 and 2023, the fastest growing importers of Rope or cable-making machines were Poland ($24.9M), United Kingdom ($24.3M), Mexico ($20.8M), China ($18.7M), and Norway ($17.1M).

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Exporters of Rope or cable-making machines (2022 - 2023)

Importers of Rope or cable-making machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rope or cable-making machines.

In 2023, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Rope or cable-making machines are explained by 14 countries.

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Value of Exports in Rope or cable-making machines

Net Trade

TOP NET EXPORTER (2023)China$114M
TOP NET IMPORTER (2023)United States$103M

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

In 2023, the countries that had a largest trade value in exports than in imports of Rope or cable-making machines were China ($114M), Finland ($81.9M), Germany ($79.1M), Italy ($67.7M), and Austria ($62.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Rope or cable-making machines were United States ($103M), Mexico ($77.5M), Poland ($29.3M), Russia ($26.7M), and Norway ($21M).

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 Rope or cable-making machines.
It is possible to select the main countries that export or import Rope or cable-making machines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rope or cable-making machines 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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