# Machinery (HS4 8438) Trade Overview | Yugalinks

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Machinery at HS4 8438, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/8438

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## Answer

The machinery subsector recorded $16.7B in reported global trade in 2024, with +8.8% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $16.7B |
| Latest annual change | +8.8% |
| Active exporters | 192 |
| Active importers | 200 |
| Active HS6 products | 8 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $5.4B | 4,201 | 8 |
| 1996 | $5.9B | 4,307 | 8 |
| 1997 | $5.3B | 4,191 | 8 |
| 1998 | $5.2B | 4,343 | 8 |
| 1999 | $5.0B | 4,663 | 8 |
| 2000 | $4.8B | 5,215 | 8 |
| 2001 | $4.8B | 5,227 | 8 |
| 2002 | $5.2B | 5,416 | 8 |
| 2003 | $6.2B | 5,495 | 8 |
| 2004 | $7.2B | 5,674 | 8 |
| 2005 | $7.8B | 5,802 | 8 |
| 2006 | $8.8B | 6,012 | 8 |
| 2007 | $10.7B | 6,201 | 8 |
| 2008 | $11.8B | 6,218 | 8 |
| 2009 | $9.2B | 6,257 | 8 |
| 2010 | $9.9B | 6,429 | 8 |
| 2011 | $12.4B | 6,464 | 8 |
| 2012 | $12.4B | 6,707 | 8 |
| 2013 | $13.3B | 6,815 | 8 |
| 2014 | $13.9B | 7,044 | 8 |
| 2015 | $12.5B | 7,160 | 8 |
| 2016 | $12.7B | 7,209 | 8 |
| 2017 | $13.1B | 7,342 | 8 |
| 2018 | $14.6B | 7,398 | 8 |
| 2019 | $14.0B | 7,444 | 8 |
| 2020 | $12.8B | 7,217 | 8 |
| 2021 | $14.7B | 7,465 | 8 |
| 2022 | $14.6B | 7,465 | 8 |
| 2023 | $16.0B | 7,662 | 8 |
| 2024 | $16.7B | 7,738 | 8 |

## Leading corridors

- Germany to USA, Puerto Rico and US Virgin Islands: $478.1M; growth +5.4%.
- Italy to USA, Puerto Rico and US Virgin Islands: $323.3M; growth +9.5%.
- Netherlands to USA, Puerto Rico and US Virgin Islands: $292.4M; growth -5.7%.
- USA, Puerto Rico and US Virgin Islands to Canada: $192.5M; growth +7.1%.
- Canada to USA, Puerto Rico and US Virgin Islands: $156.5M; growth +7.1%.
- Italy to France: $150.4M; growth -5.6%.
- China to USA, Puerto Rico and US Virgin Islands: $150.3M; growth -1%.
- USA, Puerto Rico and US Virgin Islands to Mexico: $147.5M; growth +14.2%.
- Netherlands to Germany: $144.0M; growth -0.1%.
- Netherlands to Belgium: $137.0M; growth +5.1%.

## HS6 products

- Machinery: industrial, for bakery and for the manufacture of macaroni, spaghetti or similar products (HS6 843810)
- Machinery: industrial, for the manufacture of confectionery, cocoa or chocolate (HS6 843820)
- Machinery: industrial, for sugar manufacture (HS6 843830)
- Machinery: industrial, brewery machinery (HS6 843840)
- Machinery: industrial, for the preparation of meat or poultry (HS6 843850)
- Machinery: industrial, for the preparation of fruits, nuts or vegetables (HS6 843860)
- Machinery: used in the industrial preparation or manufacture of food or drink, n.e.c. in heading no. 8438 (HS6 843880)
- Machinery: parts of those machines used in the industrial preparation or manufacture of food or drink (HS6 843890)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.