# HS 851490 Parts Of The Industrial Or Laborator global trade...

Reported global trade in parts of the industrial or laboratory equipment of heading no. 8514 reached $2.0B in 2024, with five-year annual growth of +8.1%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.5B | -5.2% | +3.2% |
| 2014 | $1.5B | -2.2% | -3.8% |
| 2015 | $1.3B | -9.4% | -5.7% |
| 2016 | $1.2B | -11.4% | -7.8% |
| 2017 | $1.2B | -0.4% | -7.2% |
| 2018 | $1.4B | +15.6% | +0.7% |
| 2019 | $1.4B | +0% | +4.8% |
| 2020 | $1.3B | -7.1% | +2.4% |
| 2021 | $1.6B | +27.7% | +5.9% |
| 2022 | $1.7B | +2% | +6.6% |
| 2023 | $2.0B | +20.5% | +16.2% |
| 2024 | $2.0B | +1.2% | +7.5% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $510.5M | +18.2% | 63 |
| Japan | $186.3M | +19.7% | 42 |
| Germany | $102.8M | +1.8% | 68 |
| Indonesia | $90.3M | +15.1% | 45 |
| China | $88.2M | -3% | 54 |
| United Kingdom | $61.1M | +11.9% | 63 |
| Republic of Korea | $51.8M | -2% | 52 |
| Mexico | $48.2M | +6.9% | 102 |
| Italy | $47.7M | +0.5% | 52 |
| India | $47.3M | +14% | 48 |
| France | $45.6M | +7.1% | 56 |
| Canada | $45.1M | +9.3% | 47 |

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