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Machines for cleaning, sorting, grading seed, grain, dried leguminous vegetables; machinery used in the milling industry for the working of cereals or dried leguminous vegetables, not farm type machinery

8437 (Harmonized System 1992 for 4-digit)

2022
World Trade $2.38BRnk 742 / 1218
2022
Top Exporter | Top Importer $609M | $191MChina | India
2022
Product Complexity 0.26Rnk 476 / 1033
undefined - 2022
Export Growth (CAGR) 5.5%Rnk 594 / 1218
2022
Share of World Trade 0.01%Rnk 742 / 1218

About

Overview N/A

Mill Machinery are a part of Machinery, mechanical appliances, & parts. They include Machines to mill or work cereals or dried legumes nes, Machines to clean, sort, grade seed,grain, dry legume, and Parts grain, seed, dry legumes processing equipment.

Exports In 2022 the top exporters of Mill Machinery  were China ($609M), Turkey ($304M), Italy ($195M), Germany ($176M), and United States ($119M).

Imports In 2022 the top importers of Mill Machinery were India ($191M), United States ($148M), Nigeria ($85.8M), Indonesia ($68.6M), and Canada ($65.5M).

Ranking Mill Machinery ranks 476th in the Product Complexity Index (PCI).

Description These machines are used to clean, sort or grade seed, grain or dried leguminous vegetables. They can also be used in the milling industry or for the working of cereals or dried leguminous vegetables.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Mill 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.

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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$609M
Top Destination (2022)India$191M

In 2022 Mill Machinery were the world's 742nd most traded product (out of 1,218).

In 2022, the top exporters of Mill Machinery were China ($609M), Turkey ($304M), Italy ($195M), Germany ($176M), and United States ($119M).

In 2022, the top importers of Mill Machinery were India ($191M), United States ($148M), Nigeria ($85.8M), Indonesia ($68.6M), and Canada ($65.5M).

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

Color
Top Origin Growth (2021 -  2022)Turkey$31.8M
Top Destination Growth (2021 -  2022)India$31.9M

Between 2021 and 2022, the exports of Mill Machinery grew the fastest in Turkey ($31.8M), China ($25.9M), Germany ($23.7M), Switzerland ($21.2M), and United States ($19.2M).

Between 2021 and 2022, the fastest growing importers of Mill Machinery were India ($31.9M), Bangladesh ($21.9M), Hungary ($20.4M), United Kingdom ($18.6M), and Zambia ($15.6M).

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Exporters of Mill Machinery (2021 - 2022)

Importers of Mill Machinery (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Mill Machinery are explained by 17 countries.

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Value of Exports in Mill Machinery

Net Trade

TOP NET EXPORTER (2022)China$579M
TOP NET IMPORTER (2022)India$90.2M

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

In 2022, the countries that had a largest trade value in exports than in imports of Mill Machinery were China ($579M), Turkey ($270M), Italy ($154M), Germany ($111M), and Switzerland ($76.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Mill Machinery were India ($90.2M), Nigeria ($85.4M), Indonesia ($67.6M), Russia ($52.9M), and Pakistan ($44.2M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Mill Machinery, disaggragated by their HS6 level were Machines to mill or work cereals... ($936M), Machines to clean, sort, grade seed,grain,... ($753M), and Parts grain, seed, dry legumes processing... ($689M)

HS6 Disaggregation for Mill Machinery (2022)
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Country Comparison

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

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $19.4M
TOP IMPORT POTENTIALItaly+ $1.51M

Mill Machinery’s highest export potential is India. With an export gap of $19.4M.  Mill Machinery’s highest import potential is Italy with an import gap of $1.51M.

See methodology.

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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 Mill Machinery.

Country by Relatedness

The following visualization shows the relatedness of Mill 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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