Product intelligence · HS 847710 · 2024 data

Machinery: injection-moulding machines, for working rubber or plastics or for the manufacture of products from these materials

Global exports of machinery: injection-moulding machines, for working rubber or plastics or for the manufacture of products from these materials totalled $5,685,796,829 in 2024, a -3.4% change from the previous year. Traded by 140 countries across 2,373 bilateral corridors, with demand from 180 importing markets. The long-term trend is declining.

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

Global trade

$5.7B

-3.4% YoY

3Y / 5Y CAGR

-3.4%

5Y: -0.2%

Supply structure

Moderately concentrated

HHI 0.189

Volatility

Low

Score 3/100

1.

Market movement

In 2024, machinery: injection-moulding machines, for working rubber or plastics or for the manufacture of products from these materials trade exhibited slight decline, with global flows reaching $5,685,796,829 and a three-year compound annual growth rate of -3.4% (five-year: -0.2%). The all-time peak of $6,369,127,512 was recorded in 2017; the current level is 11% 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 (-2.5% acceleration).

The World Trade Flows Characterization classifies machinery: injection-moulding machines, for working rubber or plastics or for the manufacture of products from these materials 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 0.189). The three largest exporters — China ($2.1B), Japan ($814.3M), and Germany ($670.2M) — collectively dominate supply flows. The leading exporter has grown at +6.1% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.043). The three largest import markets are United States ($634.4M), Mexico ($527.8M), and China ($408.1M). The largest importing market sources from 41 different supplying countries.

Estimated substitution elasticity: -4.89. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Japan → China at $248.8M, representing 61.0% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for machinery: injection-moulding machines, for working rubber or plastics or for the manufacture of products from these materials is 3 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: $6,369,127,512 in 2017. Currently 11% below peak.

YearGlobal trade (USD)YoY growth
2015$5,733,681,560-7.6%
2016$5,734,010,269+0.0%
2017$6,369,127,512+11.1%
2018$6,294,720,999-1.2%
2019$5,737,519,380-8.9%
2020$4,969,823,544-13.4%
2021$6,306,279,705+26.9%
2022$6,086,847,267-3.5%
2023$5,883,899,961-3.3%
2024$5,685,796,829-3.4%

Top exporting countries

Ranked by export value of machinery: injection-moulding machines, for working rubber or plastics or for the manufacture of products from these materials in 2024.

View all 140 exporters →

Top importing markets

Largest import destinations for machinery: injection-moulding machines, for working rubber or plastics or for the manufacture of products from these materials.

View all 180 markets →

Leading trade corridors

Largest bilateral export flows for machinery: injection-moulding machines, for working rubber or plastics or for the manufacture of products from these materials, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1JapanChina$248.8M-21.4%
2ChinaMexico$189.9M+18.0%
3ChinaIndia$174.0M+46.7%
4ChinaVietnam$163.2M+3.1%
5ChinaTürkiye$152.4M+1.7%
6ChinaIndonesia$133.7M+14.0%
7GermanyUnited States$130.6M-12.3%
8JapanUnited States$130.3M-20.2%

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.