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Pricing

Machinery; for working rubber or plastics or for the manufacture of products from these materials, n.e.c. in this chapter

8477 (Harmonized System 1992 for 4-digit)

2022
World Trade $29.4BRnk 159 / 1218
2022
Top Exporter | Top Importer $7.21B | $4BChina | United States
2022
Product Complexity 1.69Rnk 22 / 1033
2021 - 2022
Export Growth (CAGR) -0.74%Rnk 892 / 1218
2022
Share of World Trade 0.12%Rnk 159 / 1218

About

Overview This page contains the latest trade data of Rubberworking Machinery. In 2022, Rubberworking Machinery were the world's 159th most traded product, with a total trade of $29.4B. Between 2021 and 2022 the exports of Rubberworking Machinery decreased by -0.74%, from $29.6B to $29.4B. Trade in Rubberworking Machinery represent 0.12% of total world trade.

Rubberworking Machinery are a part of Machinery, mechanical appliances, & parts. They include Parts of machines for working rubber or plastic, Injection-moulding machines for rubber or plastic, rubber or plastic working machines, nes, Extruders for working rubber or plastic, Blow moulding machines for rubber or plastic, rubber or plastic moulding and forming machines nes, rubber or plastic vacuum moulders, thermoformers, and Pneumatic tyre moulding and retreading machinery, etc.

Exports In 2022 the top exporters of Rubberworking Machinery  were China ($7.21B), Germany ($5.5B), Japan ($2.29B), Italy ($2.28B), and Austria ($2.03B).

Imports In 2022 the top importers of Rubberworking Machinery were United States ($4B), China ($2.82B), Germany ($1.66B), Mexico ($1.4B), and India ($1.25B).

Ranking Rubberworking Machinery ranks 22nd in the Product Complexity Index (PCI).

Description Machinery for working rubber or plastics is used in the production of other goods. It can be made from a variety of materials, including steel, aluminum, and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rubberworking Machinery. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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$7.21B
Top Destination (2022)United States$4B

In 2022 Rubberworking Machinery were the world's 159th most traded product (out of 1,218).

In 2022, the top exporters of Rubberworking Machinery were China ($7.21B), Germany ($5.5B), Japan ($2.29B), Italy ($2.28B), and Austria ($2.03B).

In 2022, the top importers of Rubberworking Machinery were United States ($4B), China ($2.82B), Germany ($1.66B), Mexico ($1.4B), and India ($1.25B).

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Exporters of Rubberworking Machinery (2022)
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Importers of Rubberworking Machinery (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$589M
Top Destination Growth (2021 -  2022)Mexico$260M

Between 2021 and 2022, the exports of Rubberworking Machinery grew the fastest in China ($589M), Czechia ($114M), Canada ($89.9M), Turkey ($75.6M), and United States ($57M).

Between 2021 and 2022, the fastest growing importers of Rubberworking Machinery were Mexico ($260M), United States ($255M), Austria ($156M), Cambodia ($105M), and Turkey ($72.2M).

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Exporters of Rubberworking Machinery (2021 - 2022)

Importers of Rubberworking Machinery (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rubberworking Machinery.

In 2022, market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Rubberworking Machinery are explained by 14 countries.

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Value of Exports in Rubberworking Machinery

Net Trade

TOP NET EXPORTER (2022)China$4.39B
TOP NET IMPORTER (2022)United States$2.53B

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

In 2022, the countries that had a largest trade value in exports than in imports of Rubberworking Machinery were China ($4.39B), Germany ($3.83B), Japan ($1.72B), Italy ($1.48B), and Austria ($1.45B).

In 2022, the countries that had a largest trade value in imports than in exports of Rubberworking Machinery were United States ($2.53B), Mexico ($1.32B), Vietnam ($1.05B), India ($877M), and Poland ($594M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Rubberworking Machinery, disaggragated by their HS6 level were Parts of machines for working rubber... ($7.83B), rubber or plastic working machines, nes ($7.76B), Injection-moulding machines for rubber or plastic ($6.5B), Extruders for working rubber or plastic ($3.38B), and Blow moulding machines for rubber or... ($1.3B)

HS6 Disaggregation for Rubberworking Machinery (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 Rubberworking Machinery.
It is possible to select the main countries that export or import Rubberworking Machinery in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rubberworking Machinery by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $36.9M
TOP IMPORT POTENTIALChina+ $50.9M

Rubberworking Machinery’s highest export potential is India. With an export gap of $36.9M.  Rubberworking Machinery’s highest import potential is China with an import gap of $50.9M.

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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 Rubberworking Machinery.

Country by Relatedness

The following visualization shows the relatedness of Rubberworking Machinery 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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