NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

Weighing machines; excluding balances of a sensitivity of 5cg or better, including weight operated counting or checking machines and weights of all kinds

8423 (Harmonized System 1992 for 4-digit)

2023
World Trade $4.59BRnk 568 / 1217
2023
Top Exporter | Top Importer $1.76B | $848MChina | United States
2023
Product Complexity 0.79Rnk 255 / 1044
2022 - 2023
Export Growth (CAGR) -1.57%Rnk 463 / 1217
2023
Share of World Trade 0.02%Rnk 568 / 1217

About

Overview This page contains the latest trade data of Scales. In 2023, Scales were the world's 568th most traded product, with a total trade of $4.59B. Between 2022 and 2023 the exports of Scales decreased by -1.57%, from $4.67B to $4.59B. Trade in Scales represent 0.02% of total world trade.

Scales are a part of Machinery, mechanical appliances, & parts. They include Weighing machine parts and weights of all kinds, Personal weighing machines, baby & household scales, Weighing machinery having a capacity < 30 kg nes, Constant weight scales, including hopper scales, Weighing machinery having a capacity of 30-5000 kg, Weighing machinery, nes, and Scales for continuous weighing of goods on conveyors.

Exports In 2023 the top exporters of Scales  were China ($1.76B), Germany ($654M), Japan ($285M), United States ($248M), and Netherlands ($170M).

Imports In 2023 the top importers of Scales were United States ($848M), Germany ($256M), Netherlands ($203M), France ($162M), and Canada ($160M).

Ranking Scales ranks 255th in the Product Complexity Index (PCI).

Description Weighing machinery is used to weigh products. It can be used in the production of other goods, such as food and pharmaceuticals.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Scales. 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)China$1.76B
Top Destination (2023)United States$848M

In 2023 Scales were the world's 568th most traded product (out of 1,217).

In 2023, the top exporters of Scales were China ($1.76B), Germany ($654M), Japan ($285M), United States ($248M), and Netherlands ($170M).

In 2023, the top importers of Scales were United States ($848M), Germany ($256M), Netherlands ($203M), France ($162M), and Canada ($160M).

Explore Visualizations

Exporters of Scales (2023)
[Click to Select a Country]

Importers of Scales (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$35M
Top Destination Growth (2022 -  2023)South Korea$18.4M

Between 2022 and 2023, the exports of Scales grew the fastest in United States ($35M), Serbia ($16M), Mexico ($15.5M), Italy ($15M), and South Korea ($13.1M).

Between 2022 and 2023, the fastest growing importers of Scales were South Korea ($18.4M), Vietnam ($18.2M), Saudi Arabia ($16.5M), India ($15.3M), and Canada ($13.9M).

Explore Visualizations

Exporters of Scales (2022 - 2023)

Importers of Scales (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.72. This means that most of the exports of Scales are explained by 13 countries.

Explore Visualizations

Value of Exports in Scales

Net Trade

TOP NET EXPORTER (2023)China$1.66B
TOP NET IMPORTER (2023)United States$600M

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

In 2023, the countries that had a largest trade value in exports than in imports of Scales were China ($1.66B), Germany ($398M), Japan ($184M), Denmark ($41.4M), and Iceland ($17M).

In 2023, the countries that had a largest trade value in imports than in exports of Scales were United States ($600M), Canada ($119M), France ($103M), Russia ($85.6M), and Indonesia ($82.3M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Scales, disaggragated by their HS6 level were Personal weighing machines, baby & household... ($1.06B), Weighing machine parts and weights of... ($987M), Weighing machinery having a capacity <... ($743M), Weighing machinery having a capacity of... ($676M), and Constant weight scales, including hopper scales ($656M)

HS6 Disaggregation for Scales (2023)
[Click to Select]

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Scales.
It is possible to select the main countries that export or import Scales in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Scales by percentage of total exports

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $29.4M
TOP IMPORT POTENTIALJapan+ $6.46M

Scales’s highest export potential is India. With an export gap of $29.4M.  Scales’s highest import potential is Japan with an import gap of $6.46M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

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)

Related Products

This visualization shows products that are likely to be exported by countries that export Scales.

Country by Relatedness

The following visualization shows the relatedness of Scales to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms