HS4 subsector intelligence

Machines
HS4 8437 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 84371995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$2.4BGlobal subsector value
02

Annual change

+3.9%Latest year on year
03

Exporters

167Active reporting countries
04

Importers

191Active reporting countries
05

HS6 products

3Classifications inside HS4

The subsector read

$2.4B in trade, with +3% annualized growth over three years.

Machines is recorded across 4,168 active corridors, with 167 exporters and 191 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $801.5M1996: $893.0M1997: $896.2M1998: $903.8M1999: $782.2M2000: $782.2M2001: $835.8M2002: $894.4M2003: $919.5M2004: $1.1B2005: $1.2B2006: $1.3B2007: $1.5B2008: $1.8B2009: $1.7B2010: $2.0B2011: $2.3B2012: $2.4B2013: $2.4B2014: $2.4B2015: $2.2B2016: $2.2B2017: $2.2B2018: $2.2B2019: $2.1B2020: $2.1B2021: $2.2B2022: $2.3B2023: $2.3B2024: $2.4B
Reported global trade by year.

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
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1ChinaCHNIndiaIND$111.7M+4.9%34,252 kmNo
2ChinaCHNRussiaRUS$49.4M+71%36,831 kmNo
3ChinaCHNNigeriaNGA$32.4M-0.9%312,241 kmNo
4USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$32.2M+2.6%3556 kmYes
5IndiaINDNigeriaNGA$27.6M-9.5%38,094 kmNo
6ChinaCHNViet NamVNM$27.4M-3.8%32,732 kmYes
7ChinaCHNIndonesiaIDN$26.2M-14.6%34,425 kmYes
8ThailandTHAIndiaIND$25.7M+14.4%32,922 kmYes
9ItalyITAUSA, Puerto Rico and US Virgin IslandsUSA$25.2M+10.7%36,907 kmNo
10TurkeyTURUzbekistanUZB$24.0M-10.8%33,350 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$712.1M1773
2TurkeyTUR$264.6M1513
3ItalyITA$217.2M1413
4GermanyDEU$175.4M1443
5Switzerland, LiechtensteinCHE$138.2M1413
6USA, Puerto Rico and US Virgin IslandsUSA$122.7M1323
7IndiaIND$97.3M1353
8United KingdomGBR$65.9M1223
9DenmarkDNK$60.1M953
10SpainESP$54.8M1213
Top importers2024 ranking
RankCountryImportsPartnersHS6
1IndiaIND$182.9M483
2USA, Puerto Rico and US Virgin IslandsUSA$136.5M623
3RussiaRUS$125.2M313
4NigeriaNGA$73.5M423
5GermanyDEU$68.7M573
6CanadaCAN$67.1M443
7MexicoMEX$64.1M673
8BrazilBRA$55.1M433
9IndonesiaIDN$47.3M403
10Switzerland, LiechtensteinCHE$44.7M393

HS6 product coverage

The products inside HS4 8437

Six-digit classifications make the subsector specific. Browse the product workspace ↗

3 classifications shownMachines
01
Machines: for cleaning, sorting or grading seed, grain or dried leguminous vegetablesHS6 843710
02
Machinery: for use in the milling industry or for the working of cereals or dried leguminous vegetables, other than farm-type machineryHS6 843780
03
Machines: parts of those for cleaning, sorting or grading seed, grain or dried leguminous vegetables or for milling or working cereals or dried leguminous vegetables (not farm-type machinery)HS6 843790

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

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.