HS4 subsector intelligence

Machinery
HS4 8438 trade overview

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

HS4 84381995-2024 coverageGrowing
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$16.7BGlobal subsector value
02

Annual change

+8.8%Latest year on year
03

Exporters

192Active reporting countries
04

Importers

200Active reporting countries
05

HS6 products

8Classifications inside HS4

The subsector read

$16.7B in trade, with +4.4% annualized growth over three years.

Machinery is recorded across 7,738 active corridors, with 192 exporters and 200 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: $5.4B1996: $5.9B1997: $5.3B1998: $5.2B1999: $5.0B2000: $4.8B2001: $4.8B2002: $5.2B2003: $6.2B2004: $7.2B2005: $7.8B2006: $8.8B2007: $10.7B2008: $11.8B2009: $9.2B2010: $9.9B2011: $12.4B2012: $12.4B2013: $13.3B2014: $13.9B2015: $12.5B2016: $12.7B2017: $13.1B2018: $14.6B2019: $14.0B2020: $12.8B2021: $14.7B2022: $14.6B2023: $16.0B2024: $16.7B
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
1GermanyDEUUSA, Puerto Rico and US Virgin IslandsUSA$478.1M+5.4%86,402 kmNo
2ItalyITAUSA, Puerto Rico and US Virgin IslandsUSA$323.3M+9.5%86,907 kmNo
3NetherlandsNLDUSA, Puerto Rico and US Virgin IslandsUSA$292.4M-5.7%85,877 kmNo
4USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$192.5M+7.1%8556 kmYes
5CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$156.5M+7.1%8556 kmYes
6ItalyITAFranceFRA$150.4M-5.6%81,106 kmYes
7ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$150.3M-1%811,883 kmNo
8USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$147.5M+14.2%83,359 kmYes
9NetherlandsNLDGermanyDEU$144.0M-0.1%8579 kmYes
10NetherlandsNLDBelgiumBEL$137.0M+5.1%8174 kmYes

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
1GermanyDEU$3.0B1748
2ItalyITA$2.6B1828
3NetherlandsNLD$2.0B1678
4ChinaCHN$1.6B1988
5USA, Puerto Rico and US Virgin IslandsUSA$1.1B1728
6DenmarkDNK$699.2M1398
7FranceFRA$641.7M1708
8SpainESP$462.6M1588
9Switzerland, LiechtensteinCHE$374.5M1548
10TurkeyTUR$351.2M1618
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$2.2B988
2GermanyDEU$674.9M998
3MexicoMEX$596.5M908
4FranceFRA$581.1M1008
5CanadaCAN$580.4M938
6RussiaRUS$575.9M508
7United KingdomGBR$508.4M798
8NetherlandsNLD$462.8M938
9PolandPOL$446.4M698
10SpainESP$435.0M798

HS6 product coverage

The products inside HS4 8438

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

8 classifications shownMachinery
01
Machinery: industrial, for bakery and for the manufacture of macaroni, spaghetti or similar productsHS6 843810
02
Machinery: industrial, for the manufacture of confectionery, cocoa or chocolateHS6 843820
03
Machinery: industrial, for sugar manufactureHS6 843830
04
Machinery: industrial, brewery machineryHS6 843840
05
Machinery: industrial, for the preparation of meat or poultryHS6 843850
06
Machinery: industrial, for the preparation of fruits, nuts or vegetablesHS6 843860
07
Machinery: used in the industrial preparation or manufacture of food or drink, n.e.c. in heading no. 8438HS6 843880
08
Machinery: parts of those machines used in the industrial preparation or manufacture of food or drinkHS6 843890

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.