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842382 (Harmonized System 1992 for 6-digit)

2023
World Trade $676MRnk 2534 / 4644
2023
Top Exporter | Top Importer $188M | $183MChina | United States
2023
Product Complexity 0.85Rnk 1036 / 4656
2022 - 2023
Export Growth (CAGR) 5.06%Rnk 1036 / 4644
2023
Share of World Trade 0.003%Rnk 2534 / 4644

About

Overview This page contains the latest trade data of Weighing machinery having a capacity of 30-5000 kg. In 2023, Weighing machinery having a capacity of 30-5000 kg were the world's 2534th most traded product, with a total trade of $676M. Between 2022 and 2023 the exports of Weighing machinery having a capacity of 30-5000 kg grew by 5.06%, from $644M to $676M. Trade in Weighing machinery having a capacity of 30-5000 kg represent 0.003% of total world trade.

Weighing machinery having a capacity of 30-5000 kg are a part of Scales.

Exports In 2023 the top exporters of Weighing machinery having a capacity of 30-5000 kg  were China ($188M), Mexico ($118M), United States ($103M), Germany ($92.3M), and Netherlands ($37.2M).

Imports In 2023 the top importers of Weighing machinery having a capacity of 30-5000 kg were United States ($183M), Mexico ($53.5M), Canada ($37.2M), Netherlands ($32.8M), and Germany ($32.3M).

Ranking Weighing machinery having a capacity of 30-5000 kg ranks 1036th in the Product Complexity Index (PCI).

Description The common uses of weighing machinery with a capacity of 30-5000 kilograms is weighing items in warehouses, factories, and other industrial settings.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Weighing machinery having a capacity of 30-5000 kg. 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$188M
Top Destination (2023)United States$183M

In 2023 Weighing machinery having a capacity of 30-5000 kg were the world's 2534th most traded product (out of 4,644).

In 2023, the top exporters of Weighing machinery having a capacity of 30-5000 kg were China ($188M), Mexico ($118M), United States ($103M), Germany ($92.3M), and Netherlands ($37.2M).

In 2023, the top importers of Weighing machinery having a capacity of 30-5000 kg were United States ($183M), Mexico ($53.5M), Canada ($37.2M), Netherlands ($32.8M), and Germany ($32.3M).

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Exporters of Weighing machinery having a capacity of 30-5000 kg (2023)
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Importers of Weighing machinery having a capacity of 30-5000 kg (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$35.3M
Top Destination Growth (2022 -  2023)South Korea$22.4M

Between 2022 and 2023, the exports of Weighing machinery having a capacity of 30-5000 kg grew the fastest in United States ($35.3M), South Korea ($11.2M), Mexico ($9.98M), Netherlands ($3.44M), and Italy ($3.11M).

Between 2022 and 2023, the fastest growing importers of Weighing machinery having a capacity of 30-5000 kg were South Korea ($22.4M), Mexico ($6.26M), Canada ($5.38M), Russia ($4.38M), and Vietnam ($3.48M).

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Exporters of Weighing machinery having a capacity of 30-5000 kg (2022 - 2023)

Importers of Weighing machinery having a capacity of 30-5000 kg (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Weighing machinery having a capacity of 30-5000 kg.

In 2023, market concentration measured using Shannon Entropy, was 3.4. This means that most of the exports of Weighing machinery having a capacity of 30-5000 kg are explained by 10 countries.

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Value of Exports in Weighing machinery having a capacity of 30-5000 kg

Net Trade

TOP NET EXPORTER (2023)China$175M
TOP NET IMPORTER (2023)United States$80M

This map shows which countries export or import more of Weighing machinery having a capacity of 30-5000 kg. Each country is colored based on the difference in exports and imports of Weighing machinery having a capacity of 30-5000 kg during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Weighing machinery having a capacity of 30-5000 kg were China ($175M), Mexico ($64.1M), Germany ($60.1M), New Zealand ($8.05M), and Italy ($7.07M).

In 2023, the countries that had a largest trade value in imports than in exports of Weighing machinery having a capacity of 30-5000 kg were United States ($80M), Canada ($31.2M), France ($17.6M), Russia ($14.3M), and South Korea ($12.9M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Weighing machinery having a capacity of 30-5000 kg.
It is possible to select the main countries that export or import Weighing machinery having a capacity of 30-5000 kg in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Weighing machinery having a capacity of 30-5000 kg 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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