842390 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Weighing machine parts and weights of all kinds. In 2022, Weighing machine parts and weights of all kinds were the world's 2153rd most traded product, with a total trade of $1.03B. Between 2021 and 2022 the exports of Weighing machine parts and weights of all kinds grew by 2.78%, from $1.01B to $1.03B. Trade in Weighing machine parts and weights of all kinds represent 0.0044% of total world trade.

Weighing machine parts and weights of all kinds are a part of Scales.

Exports In 2022 the top exporters of Weighing machine parts and weights of all kinds  were China ($303M), Germany ($113M), United States ($65.4M), United Kingdom ($58.4M), and Japan ($57.9M).

Imports In 2022 the top importers of Weighing machine parts and weights of all kinds were United States ($146M), Netherlands ($87.5M), Germany ($73.1M), Indonesia ($50M), and United Kingdom ($45M).

Ranking Weighing machine parts and weights of all kinds ranks 1177th in the Product Complexity Index (PCI).

Description Scales are used to measure the weight of an object or packages of goods. They are also used in the medical profession for measuring patients' weight to assess their health. Mining scales are used in the mining industry to determine the weight of the minerals being mined.

Latest Data

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The following visualization shows the latest trends on Weighing machine parts and weights of all kinds. 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$303M
Top Destination (2022)United States$146M

In 2022 Weighing machine parts and weights of all kinds were the world's 2153rd most traded product (out of 4,648).

In 2022, the top exporters of Weighing machine parts and weights of all kinds were China ($303M), Germany ($113M), United States ($65.4M), United Kingdom ($58.4M), and Japan ($57.9M).

In 2022, the top importers of Weighing machine parts and weights of all kinds were United States ($146M), Netherlands ($87.5M), Germany ($73.1M), Indonesia ($50M), and United Kingdom ($45M).

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Exporters of Weighing machine parts and weights of all kinds (2022)
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Importers of Weighing machine parts and weights of all kinds (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$30.6M
Top Destination Growth (2021 -  2022)United States$34.7M

Between 2021 and 2022, the exports of Weighing machine parts and weights of all kinds grew the fastest in China ($30.6M), Singapore ($13M), Denmark ($4.49M), Bulgaria ($4.05M), and Finland ($2.96M).

Between 2021 and 2022, the fastest growing importers of Weighing machine parts and weights of all kinds were United States ($34.7M), Indonesia ($13.9M), Netherlands ($11.8M), Canada ($4.7M), and Vietnam ($3.13M).

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Exporters of Weighing machine parts and weights of all kinds (2021 - 2022)

Importers of Weighing machine parts and weights of all kinds (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Weighing machine parts and weights of all kinds.

In 2022, market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Weighing machine parts and weights of all kinds are explained by 17 countries.

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Value of Exports in Weighing machine parts and weights of all kinds

Net Trade

TOP NET EXPORTER (2022)China$267M
TOP NET IMPORTER (2022)United States$80.4M

This map shows which countries export or import more of Weighing machine parts and weights of all kinds. Each country is colored based on the difference in exports and imports of Weighing machine parts and weights of all kinds during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Weighing machine parts and weights of all kinds were China ($267M), Germany ($40.3M), Singapore ($30.9M), Denmark ($27M), and Japan ($24.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Weighing machine parts and weights of all kinds were United States ($80.4M), Netherlands ($48.1M), Indonesia ($45.7M), Canada ($27.2M), and Australia ($23.8M).

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 machine parts and weights of all kinds.
It is possible to select the main countries that export or import Weighing machine parts and weights of all kinds in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Weighing machine parts and weights of all kinds 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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