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Other industrial machines: top exporters and importers (2024)

In 2024, world trade in other industrial machines totaled $234.3 billion (7.8 million tonnes). The top exporters were Japan (16%), the United States (12%) and China (12%); the top importers were China (23%), the United States (12%) and South Korea (8%). Compared with 2019, the value rose 84%.

Summary

World trade
$234.3billion
Tonnes
7.8million tonnes
Price per tonne
$30,201
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Japan$38 billion · 16.2%
  2. United States$28.2 billion · 12%
  3. China$27.2 billion · 11.6%
  4. Netherlands$24.8 billion · 10.6%
    re-exports
  5. Germany$24.5 billion · 10.5%
  6. Singapore$17.6 billion · 7.5%
    re-exports
  7. South Korea$14.9 billion · 6.4%
  8. Malaysia$9.4 billion · 4%
  9. Taiwan$7 billion · 3%
  10. Italy$5.8 billion · 2.5%
  11. Austria$3.5 billion · 1.5%
  12. Switzerland$3.3 billion · 1.4%
  13. United Kingdom$3 billion · 1.3%
  14. Canada$2.3 billion · 0.96%
  15. France$2.2 billion · 0.94%
  16. Mexico$1.8 billion · 0.78%
  17. Sweden$1.8 billion · 0.76%
  18. Czechia$1.7 billion · 0.71%
  19. Poland$1.6 billion · 0.68%
  20. India$1.4 billion · 0.59%

Top importers

  1. China$54.4 billion · 23.2%
  2. United States$29.1 billion · 12.4%
  3. South Korea$19.7 billion · 8.4%
  4. Taiwan$18.5 billion · 7.9%
  5. Singapore$11.2 billion · 4.8%
    re-exports
  6. Germany$8.6 billion · 3.7%
  7. Japan$7.4 billion · 3.2%
  8. Netherlands$6.1 billion · 2.6%
    re-exports
  9. Malaysia$5.9 billion · 2.5%
  10. Mexico$4.8 billion · 2.1%
  11. India$4.3 billion · 1.9%
  12. France$4.2 billion · 1.8%
  13. Vietnam$3.7 billion · 1.6%
  14. United Kingdom$3.3 billion · 1.4%
  15. Hong Kong$3 billion · 1.3%
    re-exports
  16. Ireland$2.7 billion · 1.1%
  17. Canada$2.6 billion · 1.1%
  18. Italy$2.5 billion · 1.1%
  19. Indonesia$2.2 billion · 0.96%
  20. Austria$2.1 billion · 0.89%

Trend

Who sells it

Japan has been the top exporter since 2017

Value in USD billions. The five largest exporters in 2024.

  • Japan 38
  • United States 28.2
  • China 27.2
  • Netherlands 24.8
  • Germany 24.5

Source: CEPII BACI

Show the numbers
Country19952024
Japan9.138
United States6.728.2
China0.1727.2
Netherlands0.7924.8
Germany4.724.5

Price

Implied price

The price per tonne rose 100% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $30,201

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$15,128
1996$13,127
1997$10,481
1998$9,368
1999$9,772
2000$22,151
2001$18,875
2002$17,687
2003$20,262
2004$19,079
2005$19,806
2006$19,866
2007$19,681
2008$23,753
2009$29,986
2010$32,244
2011$37,180
2012$8,897
2013$20,165
2014$26,180
2015$22,100
2016$22,677
2017$20,898
2018$22,127
2019$20,180
2020$19,149
2021$20,782
2022$28,363
2023$27,819
2024$30,201

What it includes

  • 8479 · Other industrial machines

Products in the same chapter

Sources and methodology

Sources and licenses

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.

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