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847780 (Harmonized System 1992 for 6-digit)

2023
World Trade $8.08BRnk 461 / 4644
2023
Top Exporter | Top Importer $2.12B | $1.13BChina | China
2023
Product Complexity 1.41Rnk 230 / 4656
2022 - 2023
Export Growth (CAGR) 12.1%Rnk 560 / 4644
2023
Share of World Trade 0.036%Rnk 461 / 4644

About

Overview This page contains the latest trade data of rubber or plastic working machines, nes. In 2023, rubber or plastic working machines, nes were the world's 461st most traded product, with a total trade of $8.08B. Between 2022 and 2023 the exports of rubber or plastic working machines, nes grew by 12.1%, from $7.21B to $8.08B. Trade in rubber or plastic working machines, nes represent 0.036% of total world trade.

rubber or plastic working machines, nes are a part of Rubberworking Machinery.

Exports In 2023 the top exporters of rubber or plastic working machines, nes  were China ($2.12B), Germany ($1.73B), Japan ($807M), Italy ($718M), and Austria ($384M).

Imports In 2023 the top importers of rubber or plastic working machines, nes were China ($1.13B), United States ($768M), Germany ($508M), India ($456M), and Mexico ($383M).

Ranking rubber or plastic working machines, nes ranks 230th in the Product Complexity Index (PCI).

Description Rubber and plastic working machines are used for many purposes, such as for cutting, shaping, and polishing.

Latest Trends

Latest Data

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The following visualization shows the latest trends on rubber or plastic working machines, nes. 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$2.12B
Top Destination (2023)China$1.13B

In 2023 rubber or plastic working machines, nes were the world's 461st most traded product (out of 4,644).

In 2023, the top exporters of rubber or plastic working machines, nes were China ($2.12B), Germany ($1.73B), Japan ($807M), Italy ($718M), and Austria ($384M).

In 2023, the top importers of rubber or plastic working machines, nes were China ($1.13B), United States ($768M), Germany ($508M), India ($456M), and Mexico ($383M).

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Exporters of rubber or plastic working machines, nes (2023)
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Importers of rubber or plastic working machines, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$315M
Top Destination Growth (2022 -  2023)China$299M

Between 2022 and 2023, the exports of rubber or plastic working machines, nes grew the fastest in Japan ($315M), China ($218M), Germany ($196M), Austria ($88M), and Italy ($84.9M).

Between 2022 and 2023, the fastest growing importers of rubber or plastic working machines, nes were China ($299M), Turkey ($123M), United States ($118M), Hungary ($90.7M), and Mexico ($78.7M).

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Exporters of rubber or plastic working machines, nes (2022 - 2023)

Importers of rubber or plastic working machines, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of rubber or plastic working machines, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of rubber or plastic working machines, nes are explained by 12 countries.

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Value of Exports in rubber or plastic working machines, nes

Net Trade

TOP NET EXPORTER (2023)Germany$1.22B
TOP NET IMPORTER (2023)United States$412M

This map shows which countries export or import more of rubber or plastic working machines, nes. Each country is colored based on the difference in exports and imports of rubber or plastic working machines, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of rubber or plastic working machines, nes were Germany ($1.22B), China ($991M), Japan ($710M), Italy ($567M), and Austria ($279M).

In 2023, the countries that had a largest trade value in imports than in exports of rubber or plastic working machines, nes were United States ($412M), India ($397M), Mexico ($364M), Vietnam ($268M), and Turkey ($242M).

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 rubber or plastic working machines, nes.
It is possible to select the main countries that export or import rubber or plastic working machines, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of rubber or plastic working machines, nes 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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