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845129 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.23BRnk 1392 / 4648
2022
Top Exporter | Top Importer $677M | $1.19BSouth Korea | United States
2022
Product Complexity -0.32Rnk 2997 / 4653
2021 - 2022
Export Growth (CAGR) -13.6%Rnk 4121 / 4648
2022
Share of World Trade 0.0094%Rnk 1392 / 4648

About

Overview This page contains the latest trade data of Drying machines, nes. In 2022, Drying machines, nes were the world's 1392nd most traded product, with a total trade of $2.23B. Between 2021 and 2022 the exports of Drying machines, nes decreased by -13.6%, from $2.58B to $2.23B. Trade in Drying machines, nes represent 0.0094% of total world trade.

Drying machines, nes are a part of Textile Processing Machines.

Exports In 2022 the top exporters of Drying machines, nes  were South Korea ($677M), Mexico ($650M), China ($313M), United States ($184M), and Germany ($112M).

Imports In 2022 the top importers of Drying machines, nes were United States ($1.19B), Canada ($225M), South Korea ($220M), Mexico ($38.8M), and Turkey ($29.4M).

Ranking Drying machines, nes ranks 2997th in the Product Complexity Index (PCI).

Description Drying machines are used to dry clothes after they have been washed in a washing machine. Common machines that are used for this task include a tumble dryer, a clothes dryer, or a clothes line. A tumble dryer blows hot air through the clothes, which are placed in a drum. A clothes dryer blows hot air through the clothes, which are placed on a rotating perch. A clothes line is a long cord that is stretched between two poles and clothes are hung on the cord. The wind blows over the clothes and dries them.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Drying machines, 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)South Korea$677M
Top Destination (2022)United States$1.19B

In 2022 Drying machines, nes were the world's 1392nd most traded product (out of 4,648).

In 2022, the top exporters of Drying machines, nes were South Korea ($677M), Mexico ($650M), China ($313M), United States ($184M), and Germany ($112M).

In 2022, the top importers of Drying machines, nes were United States ($1.19B), Canada ($225M), South Korea ($220M), Mexico ($38.8M), and Turkey ($29.4M).

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Exporters of Drying machines, nes (2022)
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Importers of Drying machines, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$18.4M
Top Destination Growth (2021 -  2022)Mexico$13.2M

Between 2021 and 2022, the exports of Drying machines, nes grew the fastest in Germany ($18.4M), Turkey ($9.78M), United States ($6.89M), Spain ($5.2M), and Netherlands ($3.13M).

Between 2021 and 2022, the fastest growing importers of Drying machines, nes were Mexico ($13.2M), India ($8.8M), Uzbekistan ($7.64M), United Kingdom ($6M), and Australia ($5.8M).

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Exporters of Drying machines, nes (2021 - 2022)

Importers of Drying machines, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Drying machines, nes.

In 2022, market concentration measured using Shannon Entropy, was 2.83. This means that most of the exports of Drying machines, nes are explained by 7 countries.

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Value of Exports in Drying machines, nes

Net Trade

TOP NET EXPORTER (2022)Mexico$611M
TOP NET IMPORTER (2022)United States$1.01B

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

In 2022, the countries that had a largest trade value in exports than in imports of Drying machines, nes were Mexico ($611M), South Korea ($457M), China ($290M), Germany ($99.2M), and Thailand ($47.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Drying machines, nes were United States ($1.01B), Canada ($223M), Chinese Taipei ($22.7M), Pakistan ($17.3M), and Australia ($17M).

Net Trade (2022)

Country Comparison

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

Top 10 Exporters Countries of Drying machines, 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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