Summary
- World trade
- $2.5billion
- Tonnes
- 37thousand tonnes
- Price per tonne
- $67,250
Top exporters
World supply
The United States went from 29.9% to 23.8% of world exports of materials testing machines
In 2024, the United States accounted for 23.8% of recorded world exports and the three largest exporters together for 51%. HHI: 1,145 out of 10,000; equivalent to 9 exporters of the same size.
Share of recorded exports, not of production: a country that produces a lot and consumes almost all of it may export little
Trend in supply
Share of world exports of the largest exporter and of the three largest
Share (%)
- Largest exporter each year 23.8%
- Three largest 51%
Source: CEPII BACI
Show the numbers
| Year | 1995 | 2024 |
|---|---|---|
| Largest exporter each year | 29.9% | 23.8% |
| Three largest | 64.3% | 51% |
Countries where the United States sells more than half of what they buy
Countries that buy more than half of this product from its largest exporter, with its share.
- Canada: 66.8% of its purchases · Dependence of Canada on the United States
- Costa Rica: 67.6% of its purchases · Dependence of Costa Rica on the United States
- Armenia: 66.2% of its purchases
- Dominican Republic: 63% of its purchases · Dependence of the Dominican Republic on the United States
Top importers
Trend
Who sells it
The United States has been the top exporter since 2008
Value in USD millions. The five largest exporters in 2024.
- United States 593
- Germany 418
- China 260
- United Kingdom 250
- Italy 126
Source: CEPII BACI
Show the numbers
| Country | 1995 | 2024 |
|---|---|---|
| United States | 328 | 593 |
| Germany | 200 | 418 |
| China | 4.5 | 260 |
| United Kingdom | 176 | 250 |
| Italy | 37.9 | 126 |
Price
Implied price
The price per tonne stayed close to $67,250 since 1995
Current US dollars per tonne: value over the weight reported by BACI.
- 2024: $67,250
Source: CEPII BACI
Show the numbers
| Year | USD per tonne |
|---|---|
| 1995 | $67,484 |
| 1996 | $56,045 |
| 1997 | $59,683 |
| 1998 | $53,287 |
| 1999 | $52,932 |
| 2000 | $69,414 |
| 2001 | $62,515 |
| 2002 | $65,151 |
| 2003 | $69,212 |
| 2004 | $65,107 |
| 2005 | $71,491 |
| 2006 | $69,242 |
| 2007 | $72,087 |
| 2008 | $77,808 |
| 2009 | $75,279 |
| 2010 | $76,560 |
| 2011 | $72,255 |
| 2012 | $74,728 |
| 2013 | $75,472 |
| 2014 | $74,108 |
| 2015 | $49,673 |
| 2016 | $77,252 |
| 2017 | $74,540 |
| 2018 | $71,004 |
| 2019 | $80,794 |
| 2020 | $74,101 |
| 2021 | $83,105 |
| 2022 | $78,373 |
| 2023 | $72,321 |
| 2024 | $67,250 |
What it includes
- 9024 · Materials testing machines
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.
Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.