# HS 848340 (Not Toothed Wheels global trade data overview...

Reported global trade in (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters reached $20.7B in 2024, with five-year annual growth of +1.9%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $17.1B | -2.5% | +7.1% |
| 2014 | $18.8B | +10.3% | +2.6% |
| 2015 | $17.1B | -9% | -0.7% |
| 2016 | $16.5B | -3.8% | -1.2% |
| 2017 | $17.9B | +8.8% | -1.6% |
| 2018 | $19.9B | +11.2% | +5.2% |
| 2019 | $18.8B | -5.6% | +4.6% |
| 2020 | $16.8B | -10.7% | -2.1% |
| 2021 | $20.5B | +22% | +1% |
| 2022 | $20.8B | +1.6% | +3.4% |
| 2023 | $21.2B | +1.9% | +8.1% |
| 2024 | $20.7B | -2.7% | +0.2% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $3.7B | -0.8% | 120 |
| China | $1.7B | -0.7% | 76 |
| Germany | $1.5B | +0.2% | 95 |
| Canada | $1.1B | -1.5% | 84 |
| Mexico | $866.5M | +3.5% | 102 |
| Italy | $745.5M | +4.9% | 84 |
| Brazil | $711.0M | +6.7% | 70 |
| France | $697.3M | +2.4% | 86 |
| India | $689.6M | +13% | 72 |
| United Kingdom | $535.6M | +6.5% | 79 |
| Republic of Korea | $464.6M | +2.2% | 67 |
| Japan | $433.3M | +0% | 56 |

_Source: reported merchandise trade data. Updated 2026-08-14._