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842320 (Harmonized System 1992 for 6-digit)

2023
World Trade $204MRnk 3649 / 4644
2023
Top Exporter | Top Importer $36.4M | $21.4MGermany | United States
2023
Product Complexity 0.69Rnk 1304 / 4656
2022 - 2023
Export Growth (CAGR) -2.86%Rnk 1837 / 4644
2023
Share of World Trade 0.0009%Rnk 3649 / 4644

About

Overview This page contains the latest trade data of Scales for continuous weighing of goods on conveyors. In 2023, Scales for continuous weighing of goods on conveyors were the world's 3649th most traded product, with a total trade of $204M. Between 2022 and 2023 the exports of Scales for continuous weighing of goods on conveyors decreased by -2.86%, from $210M to $204M. Trade in Scales for continuous weighing of goods on conveyors represent 0.0009% of total world trade.

Scales for continuous weighing of goods on conveyors are a part of Scales.

Exports In 2023 the top exporters of Scales for continuous weighing of goods on conveyors  were Germany ($36.4M), China ($36M), Japan ($26.1M), Netherlands ($16.1M), and Denmark ($10.3M).

Imports In 2023 the top importers of Scales for continuous weighing of goods on conveyors were United States ($21.4M), Netherlands ($10.3M), China ($8.57M), Canada ($6.9M), and Mexico ($6.77M).

Ranking Scales for continuous weighing of goods on conveyors ranks 1304th in the Product Complexity Index (PCI).

Description A scale is a device that measures a thing's weight or the weight of an object. Scales are used in many different industries for the continuous weighing of goods on conveyors. This is typically done because the weight of the material can be used to calculate the price for the material. A scale is a device that measures a thing's weight or the weight of an object. Scales are used in many different industries for the continuous weighing of goods on conveyors. This is typically done because the weight of the material can be used to calculate the price for the material. Scales are often

Latest Trends

Latest Data

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The following visualization shows the latest trends on Scales for continuous weighing of goods on conveyors. 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$36.4M
Top Destination (2023)United States$21.4M

In 2023 Scales for continuous weighing of goods on conveyors were the world's 3649th most traded product (out of 4,644).

In 2023, the top exporters of Scales for continuous weighing of goods on conveyors were Germany ($36.4M), China ($36M), Japan ($26.1M), Netherlands ($16.1M), and Denmark ($10.3M).

In 2023, the top importers of Scales for continuous weighing of goods on conveyors were United States ($21.4M), Netherlands ($10.3M), China ($8.57M), Canada ($6.9M), and Mexico ($6.77M).

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Exporters of Scales for continuous weighing of goods on conveyors (2023)
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Importers of Scales for continuous weighing of goods on conveyors (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$10.3M
Top Destination Growth (2022 -  2023)Algeria$4.04M

Between 2022 and 2023, the exports of Scales for continuous weighing of goods on conveyors grew the fastest in China ($10.3M), Netherlands ($7.55M), Iceland ($4.04M), Czechia ($1.57M), and Australia ($1.44M).

Between 2022 and 2023, the fastest growing importers of Scales for continuous weighing of goods on conveyors were Algeria ($4.04M), Iraq ($3.46M), Ethiopia ($3.36M), Mexico ($3.03M), and Norway ($2.93M).

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Exporters of Scales for continuous weighing of goods on conveyors (2022 - 2023)

Importers of Scales for continuous weighing of goods on conveyors (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Scales for continuous weighing of goods on conveyors.

In 2023, market concentration measured using Shannon Entropy, was 4.13. This means that most of the exports of Scales for continuous weighing of goods on conveyors are explained by 17 countries.

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Value of Exports in Scales for continuous weighing of goods on conveyors

Net Trade

TOP NET EXPORTER (2023)Germany$32.1M
TOP NET IMPORTER (2023)United States$12.2M

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

In 2023, the countries that had a largest trade value in exports than in imports of Scales for continuous weighing of goods on conveyors were Germany ($32.1M), China ($27.5M), Japan ($25.5M), Iceland ($8.74M), and Denmark ($7.85M).

In 2023, the countries that had a largest trade value in imports than in exports of Scales for continuous weighing of goods on conveyors were United States ($12.2M), Mexico ($6.71M), Indonesia ($6.7M), Norway ($5.62M), and Thailand ($5.4M).

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 Scales for continuous weighing of goods on conveyors.
It is possible to select the main countries that export or import Scales for continuous weighing of goods on conveyors in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Scales for continuous weighing of goods on conveyors 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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