HS4 subsector intelligence

Machinery
HS4 8453 trade overview

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

HS4 84531995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$953.9MGlobal subsector value
02

Annual change

+9.6%Latest year on year
03

Exporters

142Active reporting countries
04

Importers

184Active reporting countries
05

HS6 products

4Classifications inside HS4

The subsector read

$953.9M in trade, with -1.8% annualized growth over three years.

Machinery is recorded across 2,576 active corridors, with 142 exporters and 184 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: $908.0M1996: $951.6M1997: $896.9M1998: $709.9M1999: $669.3M2000: $627.6M2001: $614.1M2002: $676.4M2003: $692.3M2004: $747.1M2005: $716.3M2006: $723.6M2007: $772.6M2008: $754.6M2009: $511.4M2010: $809.1M2011: $976.2M2012: $816.9M2013: $956.0M2014: $1.1B2015: $1.1B2016: $1.1B2017: $1.1B2018: $1.2B2019: $1.2B2020: $822.6M2021: $1.0B2022: $1.1B2023: $854.1M2024: $953.9M
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
1ChinaCHNViet NamVNM$129.8M-0%42,732 kmYes
2ChinaCHNIndonesiaIDN$69.5M+13.7%44,425 kmYes
3ChinaCHNIndiaIND$36.6M+2.7%44,252 kmNo
4ChinaCHNCambodiaKHM$31.6M+23.3%42,763 kmYes
5TaiwanTWNViet NamVNM$26.9M-12.6%42,221 kmNo
6TaiwanTWNIndonesiaIDN$26.6M+2%43,800 kmNo
7ItalyITAChinaCHN$24.3M-10.4%49,138 kmNo
8ItalyITAFranceFRA$20.4M-4.4%41,106 kmYes
9ItalyITAMexicoMEX$18.2M+4.2%410,257 kmYes
10ItalyITAIndiaIND$17.4M+22.6%45,927 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$394.1M1694
2ItalyITA$283.8M1234
3TaiwanTWN$71.1M764
4GermanyDEU$57.4M1074
5Republic of KoreaKOR$36.1M494
6USA, Puerto Rico and US Virgin IslandsUSA$12.3M844
7SpainESP$9.8M814
8FranceFRA$9.7M794
9TurkeyTUR$9.7M854
10NetherlandsNLD$4.4M684
Top importers2024 ranking
RankCountryImportsPartnersHS6
1Viet NamVNM$190.8M354
2IndonesiaIDN$127.7M464
3IndiaIND$69.3M364
4MexicoMEX$38.7M614
5USA, Puerto Rico and US Virgin IslandsUSA$35.7M494
6CambodiaKHM$34.5M154
7ChinaCHN$31.1M384
8FranceFRA$28.0M384
9BrazilBRA$18.6M334
10BangladeshBGD$18.3M164

HS6 product coverage

The products inside HS4 8453

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

4 classifications shownMachinery
01
Machinery: for preparing, tanning or working hides, skins or leather, other than sewing machinesHS6 845310
02
Machinery: for making or repairing footwear, other than sewing machinesHS6 845320
03
Machinery: for making or repairing articles of hides, skins or leather, other than sewing machinesHS6 845380
04
Machinery: parts of those for preparing, tanning or working hides, skins or leather, for making or repairing footwear or other articles of hides, skin or leather, other than sewing machinesHS6 845390

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.