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Pricing

847950 (Harmonized System 1996 for 6-digit)

2022
World Trade $7.2BRnk 542 / 4769
2022
Top Exporter | Top Importer $2.58B | $1.41BJapan | China
2022
Product Complexity 1.14Rnk 579 / 4776
2021 - 2022
Export Growth (CAGR) 4.32%Rnk 2372 / 4769
2022
Share of World Trade 0.03%Rnk 542 / 4769

About

Overview This page contains the latest trade data of Industrial Robots and miscellaneous mechanical appliances. In 2022, Industrial Robots and miscellaneous mechanical appliances were the world's 542nd most traded product, with a total trade of $7.2B. Between 2021 and 2022 the exports of Industrial Robots and miscellaneous mechanical appliances grew by 4.32%, from $6.9B to $7.2B. Trade in Industrial Robots and miscellaneous mechanical appliances represent 0.03% of total world trade.

Industrial Robots and miscellaneous mechanical appliances are a part of Machinery and mechanical appliances; having individual functions, n.e.c. in this chapter.

Exports In 2022 the top exporters of Industrial Robots and miscellaneous mechanical appliances  were Japan ($2.58B), Germany ($739M), China ($459M), France ($314M), and United States ($313M).

Imports In 2022 the top importers of Industrial Robots and miscellaneous mechanical appliances were China ($1.41B), United States ($1.25B), Germany ($461M), Luxembourg ($382M), and Singapore ($253M).

Ranking Industrial Robots and miscellaneous mechanical appliances ranks 579th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Industrial Robots and miscellaneous mechanical appliances. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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)Japan$2.58B
Top Destination (2022)China$1.41B

In 2022 Industrial Robots and miscellaneous mechanical appliances were the world's 542nd most traded product (out of 4,769).

In 2022, the top exporters of Industrial Robots and miscellaneous mechanical appliances were Japan ($2.58B), Germany ($739M), China ($459M), France ($314M), and United States ($313M).

In 2022, the top importers of Industrial Robots and miscellaneous mechanical appliances were China ($1.41B), United States ($1.25B), Germany ($461M), Luxembourg ($382M), and Singapore ($253M).

Explore Visualizations

Exporters of Industrial Robots and miscellaneous mechanical appliances (2022)
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Importers of Industrial Robots and miscellaneous mechanical appliances (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Japan$160M
Top Destination Growth (2021 -  2022)United States$169M

Between 2021 and 2022, the exports of Industrial Robots and miscellaneous mechanical appliances grew the fastest in Japan ($160M), Vietnam ($47M), China ($45.7M), Finland ($36.3M), and Mexico ($36.1M).

Between 2021 and 2022, the fastest growing importers of Industrial Robots and miscellaneous mechanical appliances were United States ($169M), Luxembourg ($87.6M), Mexico ($79.2M), Vietnam ($50.2M), and Turkey ($39.1M).

Explore Visualizations

Exporters of Industrial Robots and miscellaneous mechanical appliances (2021 - 2022)

Importers of Industrial Robots and miscellaneous mechanical appliances (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Industrial Robots and miscellaneous mechanical appliances.

In 2022, market concentration measured using Shannon Entropy, was 3.78. This means that most of the exports of Industrial Robots and miscellaneous mechanical appliances are explained by 13 countries.

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Value of Exports in Industrial Robots and miscellaneous mechanical appliances

Net Trade

TOP NET EXPORTER (2022)Japan$2.49B
TOP NET IMPORTER (2022)China$950M

This map shows which countries export or import more of Industrial Robots and miscellaneous mechanical appliances. Each country is colored based on the difference in exports and imports of Industrial Robots and miscellaneous mechanical appliances during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Industrial Robots and miscellaneous mechanical appliances were Japan ($2.49B), Denmark ($283M), Germany ($278M), Vietnam ($167M), and Sweden ($155M).

In 2022, the countries that had a largest trade value in imports than in exports of Industrial Robots and miscellaneous mechanical appliances were China ($950M), United States ($936M), Luxembourg ($288M), Singapore ($185M), and Mexico ($163M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Industrial Robots and miscellaneous mechanical appliances.
It is possible to select the main countries that export or import Industrial Robots and miscellaneous mechanical appliances in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Industrial Robots and miscellaneous mechanical appliances 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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