All ProductsWeighing machines; excluding balances of a sensitivity of 5cg or better, including weight operated counting or checking machines and weights of all kinds

Weighing machines; excluding balances of a sensitivity of 5cg or better, including weight operated counting or checking machines and weights of all kinds

HS-Code 8423
Country:
Top Exporter· 2024
Top Importer· 2024
Top Producer· 2024
N/A
Export Value· 2024
$5.70B
Import Value· 2024
$4.16B
Production Volume· 2024
N/A

Supply Chain Analysis

127 entities · 2024 · exports

Source Countries

127

Trade Value

$5.70BUSD

Total Quantity

0.01MKg

Avg per Entity

Locked

Top 5 Concentration

Locked

Value Distribution (Top 5)

Efficiency Quadrant — Unit Price vs Order Value

Premium · Volume Player · Niche · Weak

Premium
Volume Player
Niche
Weak
China

China

18 Item 6 shipments $107260450/unit

$1.93B

33.9% share

47.58%

European Union

245 Item 10 shipments $2903732.12/unit

$0.71B

12.49% share

51.05%
Unlock Pro
Germany

Germany

60 Item 4 shipments $10426399.5/unit

$0.63B

10.98% share

54.61%
Unlock Pro
Market Concentration
Concentrated
Top 5 players69.73%
Top 10 players82.47%

Few dominant players — high dependency risk.

Share Split

Top 5 — 69.73%
Others — 30.3%

Top Exporting Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
33.90%$1.93B+4.57%-12.95%🔄 Recovering
2
European Union
12.49%$0.71B-2.10%-0.51%📉 Sustained Drop
3
10.98%$0.63B-9.69%-19.86%📉 Sustained Drop
4
8.02%$0.46B+28.83%+48.53%🐢 Slowing
5
4.34%$0.25B+15.65%+19.53%🐢 Slowing

Top Importing Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
21.96%$0.91B+6.57%+3.38%📈 Accelerating
2
6.17%$0.26B+4.03%-22.52%🔄 Recovering
3
4.48%$0.19B+22.15%-11.44%🔄 Recovering
4
4.08%$0.17B+6.84%+58.36%🐢 Slowing
5
3.93%$0.16B+3.89%-3.33%🔄 Recovering

Value vs YoY Growth

Bubble size = market share · Right + Up = high value, high growth

Suppliers
Buyers

Demand Market Analysis

136 entities · 2024 · imports

Buyer Countries

136

Trade Value

$4.16BUSD

Total Quantity

0.07MKg

Avg per Entity

Locked

Top 5 Concentration

Locked

Value Distribution (Top 5)

Efficiency Quadrant — Unit Price vs Order Value

Premium · Volume Player · Niche · Weak

Premium
Volume Player
Niche
Weak

United States

0 2 shipments

$0.91B

21.96% share

283.23%

Germany

1 Item 3 shipments $256980960/unit

$0.26B

6.17% share

58.31%
Unlock Pro

Netherlands

1 Item 3 shipments $186384100/unit

$0.19B

4.48% share

40.25%
Unlock Pro
Market Concentration
Moderate
Top 5 players40.63%
Top 10 players56.46%

Balanced market — moderate negotiation leverage.

Share Split

Top 5 — 40.63%
Others — 59.4%

Global Trade Map

Exports + Imports by country (hover for details)

Color = Export + Import
Higher trade = darker

Explore more products

Access full trade data across our entire product database.

Have an account? Sign in