All ProductsMachinery parts; used solely or principally with the machinery of heading no. 8425 to 8430

Machinery parts; used solely or principally with the machinery of heading no. 8425 to 8430

HS-Code 8431
Country:
Top Exporter· 2024
Top Importer· 2024
Top Producer· 2024
N/A
Export Value· 2024
$78.24B
Import Value· 2024
$66.01B
Production Volume· 2024
N/A

Supply Chain Analysis

134 entities · 2024 · exports

Source Countries

134

Trade Value

$78.24BUSD

Total Quantity

11134.12MKg

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

5,341,440,099 Kg 7 shipments $2.75/unit

$14.67B

18.75% share

48.24%

European Union

832,352,274 Kg 11 shipments $13.68/unit

$11.39B

14.55% share

51.83%
Unlock Pro
United States

United States

434,235,774 Kg 7 shipments $16.92/unit

$7.35B

9.39% share

51.71%
Unlock Pro
Market Concentration
Moderate
Top 5 players53.67%
Top 10 players67.43%

Balanced market — moderate negotiation leverage.

Share Split

Top 5 — 53.67%
Others — 46.3%

Top Exporting Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
18.75%$14.67B+3.36%+25.65%🐢 Slowing
2
European Union
14.55%$11.39B-3.67%+7.94%⚠ Momentum Lost
3
9.39%$7.35B-3.45%+21.20%⚠ Momentum Lost
4
6.75%$5.28B-8.44%-0.11%📉 Sustained Drop
5
4.22%$3.30B-13.65%-2.81%📉 Sustained Drop

Top Importing Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
17.90%$11.82B-4.39%+15.14%⚠ Momentum Lost
2
7.20%$4.75B-16.12%-7.51%📉 Sustained Drop
3
4.66%$3.08B+136.88%+421.79%🐢 Slowing
4
4.59%$3.03B-5.86%+6.09%⚠ Momentum Lost
5
4.42%$2.92B-12.07%-14.09%📉 Sustained Drop

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

$66.01BUSD

Total Quantity

7373.22MKg

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

7,783,633 Kg 3 shipments $1518.18/unit

$11.82B

17.9% share

65.15%

Germany

883,133,364 Kg 4 shipments $5.38/unit

$4.75B

7.2% share

38.2%
Unlock Pro

Saudi Arabia

291,930,879 Kg 4 shipments $10.54/unit

$3.08B

4.66% share

17206.96%
Unlock Pro
Market Concentration
Moderate
Top 5 players38.77%
Top 10 players54.3%

Balanced market — moderate negotiation leverage.

Share Split

Top 5 — 38.77%
Others — 61.2%

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