# Machinery (HS4 8453) Trade Overview | Yugalinks

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Machinery at HS4 8453, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/8453

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## Answer

The machinery subsector recorded $953.9M in reported global trade in 2024, with +9.6% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $953.9M |
| Latest annual change | +9.6% |
| Active exporters | 142 |
| Active importers | 184 |
| Active HS6 products | 4 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $908.0M | 2,123 | 4 |
| 1996 | $951.6M | 2,158 | 4 |
| 1997 | $896.9M | 2,094 | 4 |
| 1998 | $709.9M | 2,099 | 4 |
| 1999 | $669.3M | 2,208 | 4 |
| 2000 | $627.6M | 2,322 | 4 |
| 2001 | $614.1M | 2,269 | 4 |
| 2002 | $676.4M | 2,275 | 4 |
| 2003 | $692.3M | 2,341 | 4 |
| 2004 | $747.1M | 2,455 | 4 |
| 2005 | $716.3M | 2,446 | 4 |
| 2006 | $723.6M | 2,395 | 4 |
| 2007 | $772.6M | 2,512 | 4 |
| 2008 | $754.6M | 2,421 | 4 |
| 2009 | $511.4M | 2,446 | 4 |
| 2010 | $809.1M | 2,389 | 4 |
| 2011 | $976.2M | 2,442 | 4 |
| 2012 | $816.9M | 2,507 | 4 |
| 2013 | $956.0M | 2,459 | 4 |
| 2014 | $1.1B | 2,643 | 4 |
| 2015 | $1.1B | 2,611 | 4 |
| 2016 | $1.1B | 2,618 | 4 |
| 2017 | $1.1B | 2,727 | 4 |
| 2018 | $1.2B | 2,736 | 4 |
| 2019 | $1.2B | 2,627 | 4 |
| 2020 | $822.6M | 2,516 | 4 |
| 2021 | $1.0B | 2,467 | 4 |
| 2022 | $1.1B | 2,559 | 4 |
| 2023 | $854.1M | 2,580 | 4 |
| 2024 | $953.9M | 2,576 | 4 |

## Leading corridors

- China to Viet Nam: $129.8M; growth -0%.
- China to Indonesia: $69.5M; growth +13.7%.
- China to India: $36.6M; growth +2.7%.
- China to Cambodia: $31.6M; growth +23.3%.
- Taiwan to Viet Nam: $26.9M; growth -12.6%.
- Taiwan to Indonesia: $26.6M; growth +2%.
- Italy to China: $24.3M; growth -10.4%.
- Italy to France: $20.4M; growth -4.4%.
- Italy to Mexico: $18.2M; growth +4.2%.
- Italy to India: $17.4M; growth +22.6%.

## HS6 products

- Machinery: for preparing, tanning or working hides, skins or leather, other than sewing machines (HS6 845310)
- Machinery: for making or repairing footwear, other than sewing machines (HS6 845320)
- Machinery: for making or repairing articles of hides, skins or leather, other than sewing machines (HS6 845380)
- 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 machines (HS6 845390)

## 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.