Product intelligence · HS 844831 · 2024 data

Machines, card clothing: parts and accessories

Global exports of machines, card clothing: parts and accessories totalled $221,890,640 in 2024, a -10.6% change from the previous year. Traded by 87 countries across 987 bilateral corridors, with demand from 141 importing markets. The long-term trend is stable.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$221.9M

-10.6% YoY

3Y / 5Y CAGR

+0.5%

5Y: +5.5%

Supply structure

Moderately concentrated

HHI 0.160

Volatility

Low

Score 5/100

1.

Market movement

In 2024, machines, card clothing: parts and accessories trade exhibited significant decline, with global flows reaching $221,890,640 and a three-year compound annual growth rate of +0.5% (five-year: +5.5%). The all-time peak of $248,111,017 was recorded in 2023; the current level is 11% below that high-water mark.

Over the 30-year observation window (19952024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (-2.4% acceleration).

The World Trade Flows Characterization classifies machines, card clothing: parts and accessories as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.160). The three largest exporters — Germany ($56.4M), Switzerland ($55.1M), and China ($30.3M) — collectively dominate supply flows. The leading exporter has grown at -0.3% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.060). The three largest import markets are China ($25.9M), Germany ($20.5M), and Türkiye ($19.1M). The largest importing market sources from 20 different supplying countries.

Estimated substitution elasticity: -9.98. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Belgium → Germany at $12.0M, representing 58.5% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for machines, card clothing: parts and accessories is 5 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $248,111,017 in 2023. Currently 11% below peak.

YearGlobal trade (USD)YoY growth
2015$152,664,062-8.4%
2016$154,256,239+1.0%
2017$167,123,671+8.3%
2018$189,816,615+13.6%
2019$169,636,517-10.6%
2020$169,369,771-0.2%
2021$218,423,391+29.0%
2022$229,462,550+5.1%
2023$248,111,017+8.1%
2024$221,890,640-10.6%

Top exporting countries

Ranked by export value of machines, card clothing: parts and accessories in 2024.

View all 87 exporters →

Top importing markets

Largest import destinations for machines, card clothing: parts and accessories.

View all 141 markets →

Leading trade corridors

Largest bilateral export flows for machines, card clothing: parts and accessories, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1BelgiumGermany$12.0M+7.9%
2SwitzerlandChina$8.8M-19.0%
3GermanyBangladesh$7.9M+20.5%
4GermanyPakistan$7.8M+9.9%
5ChinaIndia$7.2M-2.3%
6ChinaVietnam$6.1M+10.9%
7SwitzerlandTürkiye$5.6M+11.3%
8GermanyChina$5.4M-16.4%

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.