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842381 (Harmonized System 1992 for 6-digit)

2022
World Trade $823MRnk 2412 / 4648
2022
Top Exporter | Top Importer $279M | $131MChina | United States
2022
Product Complexity 0.32Rnk 1961 / 4653
2021 - 2022
Export Growth (CAGR) -9.73%Rnk 3933 / 4648
2022
Share of World Trade 0.0035%Rnk 2412 / 4648

About

Overview This page contains the latest trade data of Weighing machinery having a capacity < 30 kg nes. In 2022, Weighing machinery having a capacity < 30 kg nes were the world's 2412th most traded product, with a total trade of $823M. Between 2021 and 2022 the exports of Weighing machinery having a capacity < 30 kg nes decreased by -9.73%, from $912M to $823M. Trade in Weighing machinery having a capacity < 30 kg nes represent 0.0035% of total world trade.

Weighing machinery having a capacity < 30 kg nes are a part of Scales.

Exports In 2022 the top exporters of Weighing machinery having a capacity < 30 kg nes  were China ($279M), Germany ($248M), Indonesia ($36.9M), Netherlands ($28.4M), and United Kingdom ($22.5M).

Imports In 2022 the top importers of Weighing machinery having a capacity < 30 kg nes were United States ($131M), Italy ($54.2M), Netherlands ($47.2M), Germany ($42.3M), and France ($38.5M).

Ranking Weighing machinery having a capacity < 30 kg nes ranks 1961st in the Product Complexity Index (PCI).

Description Weighing machinery with a capacity less than 30 kg is primarily used in laboratories for precision weighing and calibration of weights.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Weighing machinery having a capacity < 30 kg 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 (2022)China$279M
Top Destination (2022)United States$131M

In 2022 Weighing machinery having a capacity < 30 kg nes were the world's 2412th most traded product (out of 4,648).

In 2022, the top exporters of Weighing machinery having a capacity < 30 kg nes were China ($279M), Germany ($248M), Indonesia ($36.9M), Netherlands ($28.4M), and United Kingdom ($22.5M).

In 2022, the top importers of Weighing machinery having a capacity < 30 kg nes were United States ($131M), Italy ($54.2M), Netherlands ($47.2M), Germany ($42.3M), and France ($38.5M).

Explore Visualizations

Exporters of Weighing machinery having a capacity < 30 kg nes (2022)
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Importers of Weighing machinery having a capacity < 30 kg nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Indonesia$8.5M
Top Destination Decrease (2021 -  2022)Russia-$14.8M

Between 2021 and 2022, the exports of Weighing machinery having a capacity < 30 kg nes grew the fastest in Indonesia ($8.5M), Argentina ($1.28M), Norway ($1.28M), Austria ($1.18M), and Japan ($1.03M).

Between 2021 and 2022, the fastest declining importers of Weighing machinery having a capacity < 30 kg nes were Russia (-$14.8M), United States (-$13.7M), France (-$8.57M), Belgium (-$8.17M), and Spain (-$7.4M).

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Exporters of Weighing machinery having a capacity < 30 kg nes (2021 - 2022)

Importers of Weighing machinery having a capacity < 30 kg nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Weighing machinery having a capacity < 30 kg nes.

In 2022, market concentration measured using Shannon Entropy, was 3.27. This means that most of the exports of Weighing machinery having a capacity < 30 kg nes are explained by 9 countries.

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Value of Exports in Weighing machinery having a capacity < 30 kg nes

Net Trade

TOP NET EXPORTER (2022)China$268M
TOP NET IMPORTER (2022)United States$110M

This map shows which countries export or import more of Weighing machinery having a capacity < 30 kg nes. Each country is colored based on the difference in exports and imports of Weighing machinery having a capacity < 30 kg nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Weighing machinery having a capacity < 30 kg nes were China ($268M), Germany ($206M), Indonesia ($24.4M), Chinese Taipei ($5.11M), and South Korea ($3.53M).

In 2022, the countries that had a largest trade value in imports than in exports of Weighing machinery having a capacity < 30 kg nes were United States ($110M), Italy ($38M), France ($32.6M), Canada ($19.9M), and Netherlands ($18.8M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Weighing machinery having a capacity < 30 kg nes.
It is possible to select the main countries that export or import Weighing machinery having a capacity < 30 kg nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Weighing machinery having a capacity < 30 kg 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 (2022)

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