Calculating machines: parts and accessories of item no. 8470.10, 8470.21 or 8470.29

In 2024, calculating machines: parts and accessories of item no. 8470.10, 8470.21 or 8470.29 trade exhibited significant decline, with global flows reaching $206,247,027 and a three-year compound annual growth rate of -15.7% (five-year: -5.8%). The all-time peak of $1,195,340,520 was recorded in 2013; the current level is 83% below that high-water mark.

Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is steady (-0.5% acceleration).

The World Trade Flows Characterization classifies calculating machines: parts and accessories of item no. 8470.10, 8470.21 or 8470.29 as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.116). The three largest exporters — Hong Kong ($56.9M), China ($27.8M), and United States ($18.1M) — collectively dominate supply flows. The leading exporter has grown at +37.1% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.042). The three largest import markets are Thailand ($17.8M), Philippines ($16.3M), and China ($16.2M). The largest importing market sources from 19 different supplying countries.

Estimated substitution elasticity: -16.73. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Hong Kong → Thailand at $16.7M, representing 93.9% of the importer's total demand.

The volatility score for calculating machines: parts and accessories of item no. 8470.10, 8470.21 or 8470.29 is 22 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. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

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