Product intelligence · HS 847330 · 2024 data

Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units

Global exports of machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units totalled $145,655,647,248 in 2024, a +36.0% change from the previous year. Traded by 199 countries across 9,294 bilateral corridors, with demand from 200 importing markets. The long-term trend is growing.

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

Global trade

$145.7B

+36.0% YoY

3Y / 5Y CAGR

+3.0%

5Y: +6.4%

Supply structure

Diversified

HHI 0.142

Volatility

Low

Score 12/100

1.

Market movement

In 2024, machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units trade exhibited strong growth, with global flows reaching $145,655,647,248 and a three-year compound annual growth rate of +3.0% (five-year: +6.4%). The all-time peak of $180,594,511,421 was recorded in 2006; the current level is 19% below that high-water mark.

Over the 30-year observation window (19952024), 55% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+0.2% acceleration).

The World Trade Flows Characterization classifies machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.142). The three largest exporters — China ($38.6B), Taiwan ($28.5B), and South Korea ($15.8B) — collectively dominate supply flows. The leading exporter has grown at -3.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.102). The three largest import markets are United States ($32.4B), China ($21.3B), and Mexico ($17.3B). The largest importing market sources from 119 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 Taiwan → United States at $13.8B, representing 42.4% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units is 12 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, strong demand tailwinds create a favourable entry environment. 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.

Historical evidence

Annual trade value 19952024

Peak: $180,594,511,421 in 2006. Currently 19% below peak.

YearGlobal trade (USD)YoY growth
2015$98,793,228,361-10.4%
2016$89,009,272,275-9.9%
2017$98,895,561,882+11.1%
2018$118,366,428,252+19.7%
2019$106,985,536,840-9.6%
2020$110,045,671,377+2.9%
2021$133,200,908,588+21.0%
2022$130,777,913,718-1.8%
2023$107,109,593,785-18.1%
2024$145,655,647,248+36.0%

Top exporting countries

Ranked by export value of machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units in 2024.

View all 199 exporters →

Top importing markets

Largest import destinations for machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units.

View all 200 markets →

Leading trade corridors

Largest bilateral export flows for machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1TaiwanUnited States$13.8B+28.4%
2ChinaHong Kong$7.5B-4.2%
3ChinaMexico$5.5B+5.5%
4VietnamChina$5.1B+35.7%
5South KoreaUnited States$4.6B-5.4%
6Hong KongChina$4.4B-9.7%
7South KoreaChina$4.3B+0.4%
8VietnamUnited States$3.7B+18.6%

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.