Latest trade
$68.5BGlobal subsector valueHS4 subsector intelligence
Machinery
HS4 8431 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
-4.1%Latest year on yearExporters
200Active reporting countriesImporters
200Active reporting countriesHS6 products
8Classifications inside HS4The subsector read
$68.5B in trade, with +3.5% annualized growth over three years.
Machinery is recorded across 11,578 active corridors, with 200 exporters and 200 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
Top trade corridors
Where the subsector moves
Leading exporter-to-importer relationships by latest reported value. See data sources ↗
Latest reported relationshipsTop 10 by trade value
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | ChinaCHN | USA, Puerto Rico and US Virgin IslandsUSA | $2.0B | +1.3% | 8 | 11,883 km | No |
| 2 | MexicoMEX | USA, Puerto Rico and US Virgin IslandsUSA | $1.8B | +6.2% | 8 | 3,359 km | Yes |
| 3 | CanadaCAN | USA, Puerto Rico and US Virgin IslandsUSA | $1.7B | +5.4% | 8 | 556 km | Yes |
| 4 | USA, Puerto Rico and US Virgin IslandsUSA | CanadaCAN | $1.5B | -0.1% | 8 | 556 km | Yes |
| 5 | ChinaCHN | JapanJPN | $1.4B | -5.3% | 8 | 1,763 km | No |
| 6 | ChinaCHN | RussiaRUS | $1.0B | +50.4% | 8 | 6,831 km | No |
| 7 | United Arab EmiratesARE | Saudi ArabiaSAU | $923.6M | +80.2% | 8 | 871 km | Yes |
| 8 | USA, Puerto Rico and US Virgin IslandsUSA | MexicoMEX | $829.6M | +12.4% | 8 | 3,359 km | Yes |
| 9 | ChinaCHN | IndiaIND | $789.3M | +14.6% | 8 | 4,252 km | No |
| 10 | ChinaCHN | Saudi ArabiaSAU | $665.4M | +94% | 8 | 7,253 km | No |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | ChinaCHN | $14.9B | 200 | 8 |
| 2 | USA, Puerto Rico and US Virgin IslandsUSA | $6.7B | 185 | 8 |
| 3 | GermanyDEU | $6.3B | 184 | 8 |
| 4 | ItalyITA | $3.8B | 180 | 8 |
| 5 | JapanJPN | $2.3B | 171 | 8 |
| 6 | CanadaCAN | $2.3B | 170 | 8 |
| 7 | MexicoMEX | $2.0B | 140 | 8 |
| 8 | FranceFRA | $2.0B | 183 | 8 |
| 9 | Republic of KoreaKOR | $2.0B | 185 | 8 |
| 10 | NetherlandsNLD | $1.7B | 176 | 8 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | USA, Puerto Rico and US Virgin IslandsUSA | $10.8B | 146 | 8 |
| 2 | GermanyDEU | $4.7B | 119 | 8 |
| 3 | CanadaCAN | $3.1B | 136 | 8 |
| 4 | Saudi ArabiaSAU | $2.6B | 103 | 8 |
| 5 | FranceFRA | $2.6B | 132 | 8 |
| 6 | United KingdomGBR | $2.2B | 119 | 8 |
| 7 | JapanJPN | $2.1B | 75 | 8 |
| 8 | AustraliaAUS | $2.1B | 109 | 8 |
| 9 | ItalyITA | $1.7B | 108 | 8 |
| 10 | NetherlandsNLD | $1.6B | 119 | 8 |
HS6 product coverage
The products inside HS4 8431
Six-digit classifications make the subsector specific. Browse the product workspace ↗
8 classifications shownMachinery
Machinery: parts of the machinery of heading no. 8425HS6 843110
Machinery: parts of the machinery of heading no. 8427HS6 843120
Lifts, skip hoists or escalators: parts thereofHS6 843131
Machinery: parts of the machinery of heading no. 8428, (other than lifts, skip hoists or escalators)HS6 843139
Machinery parts: buckets, shovels, grabs and grips, for the machinery of heading no. 8426 and 8430HS6 843141
Machinery parts: bulldozer or angledozer bladesHS6 843142
Boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41HS6 843143
Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431HS6 843149
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
Missing data
Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.
Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.