842539 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Winches or capstans nes. In 2022, Winches or capstans nes were the world's 2142nd most traded product, with a total trade of $1.05B. Between 2021 and 2022 the exports of Winches or capstans nes grew by 5.98%, from $989M to $1.05B. Trade in Winches or capstans nes represent 0.0044% of total world trade.

Winches or capstans nes are a part of Pulley Systems.

Exports In 2022 the top exporters of Winches or capstans nes  were China ($142M), Italy ($109M), United States ($103M), Germany ($85.2M), and Canada ($62.5M).

Imports In 2022 the top importers of Winches or capstans nes were United States ($195M), Germany ($67.7M), Canada ($53.8M), China ($53.1M), and Austria ($49.8M).

Ranking Winches or capstans nes ranks 2708th in the Product Complexity Index (PCI).

Description A winch is typically used to back up a load in a process called winching. A capstan is typically used to pull in cables or hawsers, or as a lever for a ship's anchor.

Latest Data

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The following visualization shows the latest trends on Winches or capstans 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$142M
Top Destination (2022)United States$195M

In 2022 Winches or capstans nes were the world's 2142nd most traded product (out of 4,648).

In 2022, the top exporters of Winches or capstans nes were China ($142M), Italy ($109M), United States ($103M), Germany ($85.2M), and Canada ($62.5M).

In 2022, the top importers of Winches or capstans nes were United States ($195M), Germany ($67.7M), Canada ($53.8M), China ($53.1M), and Austria ($49.8M).

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Exporters of Winches or capstans nes (2022)
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Importers of Winches or capstans nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$21.6M
Top Destination Growth (2021 -  2022)United Kingdom$16.7M

Between 2021 and 2022, the exports of Winches or capstans nes grew the fastest in United States ($21.6M), Italy ($16.3M), United Arab Emirates ($11.1M), Cambodia ($7.28M), and Indonesia ($7.02M).

Between 2021 and 2022, the fastest growing importers of Winches or capstans nes were United Kingdom ($16.7M), Singapore ($12M), China ($11.1M), Canada ($8.78M), and Saudi Arabia ($7.98M).

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Exporters of Winches or capstans nes (2021 - 2022)

Importers of Winches or capstans nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Winches or capstans nes.

In 2022, market concentration measured using Shannon Entropy, was 4.69. This means that most of the exports of Winches or capstans nes are explained by 25 countries.

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Value of Exports in Winches or capstans nes

Net Trade

TOP NET EXPORTER (2022)China$89.2M
TOP NET IMPORTER (2022)United States$92.3M

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

In 2022, the countries that had a largest trade value in exports than in imports of Winches or capstans nes were China ($89.2M), Italy ($85.7M), Slovenia ($50.5M), Germany ($17.5M), and Chinese Taipei ($12.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Winches or capstans nes were United States ($92.3M), Austria ($23.7M), Russia ($18.7M), Turkey ($16.4M), and Chile ($16.3M).

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 Winches or capstans nes.
It is possible to select the main countries that export or import Winches or capstans nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Winches or capstans 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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