{
  "pageType": "HS4 subsector trade overview",
  "source": "api",
  "title": "Machinery and apparatus (HS4 8468) Trade Overview | Yugalinks",
  "description": "Review reported global trade for machinery and apparatus at HS4 8468, including scale, trend, corridors, countries, and the HS6 products within this subsector.",
  "canonical": "https://www.yugalinks.com/trade/sector/hs4/8468",
  "publisher": {
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    "sameAs": [
      "https://in.linkedin.com/company/yugalinks"
    ]
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-27",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-27"
      }
    ]
  },
  "links": {
    "html": "https://www.yugalinks.com/trade/sector/hs4/8468/index.html",
    "markdown": "https://www.yugalinks.com/trade/sector/hs4/8468/index.md",
    "json": "https://www.yugalinks.com/trade/sector/hs4/8468/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/8468/index.ld.json",
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  },
  "internalLinks": {
    "workspace": "https://www.yugalinks.com/app",
    "platform": "https://www.yugalinks.com/platform",
    "methodology": "https://www.yugalinks.com/methodology",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "dataCoverage": "https://www.yugalinks.com/data-coverage",
    "responsibleAi": "https://www.yugalinks.com/responsible-ai"
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  "subsector": {
    "hs4": "8468",
    "name": "Machinery and apparatus"
  },
  "coverage": {
    "firstDataYear": 1995,
    "latestDataYear": 2024,
    "yearsWithData": 30,
    "refreshedAt": "2026-07-20 09:34:09"
  },
  "answer": "The machinery and apparatus subsector recorded $1.1B in reported global trade in 2024, with +4% annual change.",
  "keyFigures": {
    "latestTradeUsd": 1131928677.8425143,
    "latestAnnualChangePct": 3.9949600078441256,
    "activeExporters": 168,
    "activeImporters": 199,
    "activeHs6Products": 4
  },
  "growthAndStructure": {
    "trendLabel": "Stable",
    "tradeCagr3yPct": 2.4499381362311334,
    "tradeCagr5yPct": 1.4898934774512762,
    "historicalPeakUsd": 1624420244.5937448,
    "historicalPeakYear": 2008,
    "positiveGrowthYearSharePct": 62.06896551724138,
    "exporterConcentrationHhi": 1545.5265678659405,
    "importerConcentrationHhi": 524.5797743059275,
    "tradeVolatilityCv": 0.2612334128102936
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  "annualRows": [
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      "year": 1995,
      "hs4": 8468,
      "global_trade_usd": 636461736.1985655,
      "corridor_count": 2570,
      "active_hs6_count": 4
    },
    {
      "year": 1996,
      "hs4": 8468,
      "global_trade_usd": 686404788.454852,
      "corridor_count": 2623,
      "active_hs6_count": 4
    },
    {
      "year": 1997,
      "hs4": 8468,
      "global_trade_usd": 663413730.6531774,
      "corridor_count": 2706,
      "active_hs6_count": 4
    },
    {
      "year": 1998,
      "hs4": 8468,
      "global_trade_usd": 608000203.9107289,
      "corridor_count": 2722,
      "active_hs6_count": 4
    },
    {
      "year": 1999,
      "hs4": 8468,
      "global_trade_usd": 593288146.1301588,
      "corridor_count": 2916,
      "active_hs6_count": 4
    },
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      "year": 2000,
      "hs4": 8468,
      "global_trade_usd": 641320300.9240242,
      "corridor_count": 3328,
      "active_hs6_count": 4
    },
    {
      "year": 2001,
      "hs4": 8468,
      "global_trade_usd": 640871150.0071666,
      "corridor_count": 3353,
      "active_hs6_count": 4
    },
    {
      "year": 2002,
      "hs4": 8468,
      "global_trade_usd": 657962937.9527209,
      "corridor_count": 3540,
      "active_hs6_count": 4
    },
    {
      "year": 2003,
      "hs4": 8468,
      "global_trade_usd": 748257465.3340491,
      "corridor_count": 3604,
      "active_hs6_count": 4
    },
    {
      "year": 2004,
      "hs4": 8468,
      "global_trade_usd": 924618392.6109078,
      "corridor_count": 3617,
      "active_hs6_count": 4
    },
    {
      "year": 2005,
      "hs4": 8468,
      "global_trade_usd": 1029173431.0930651,
      "corridor_count": 3835,
      "active_hs6_count": 4
    },
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      "year": 2006,
      "hs4": 8468,
      "global_trade_usd": 1165044410.290604,
      "corridor_count": 4053,
      "active_hs6_count": 4
    },
    {
      "year": 2007,
      "hs4": 8468,
      "global_trade_usd": 1324906968.6448436,
      "corridor_count": 4275,
      "active_hs6_count": 4
    },
    {
      "year": 2008,
      "hs4": 8468,
      "global_trade_usd": 1624420244.5937448,
      "corridor_count": 4467,
      "active_hs6_count": 4
    },
    {
      "year": 2009,
      "hs4": 8468,
      "global_trade_usd": 1024549138.4537356,
      "corridor_count": 4359,
      "active_hs6_count": 4
    },
    {
      "year": 2010,
      "hs4": 8468,
      "global_trade_usd": 1151254927.237066,
      "corridor_count": 4443,
      "active_hs6_count": 4
    },
    {
      "year": 2011,
      "hs4": 8468,
      "global_trade_usd": 1282428609.8405023,
      "corridor_count": 4545,
      "active_hs6_count": 4
    },
    {
      "year": 2012,
      "hs4": 8468,
      "global_trade_usd": 1300971980.173029,
      "corridor_count": 4722,
      "active_hs6_count": 4
    },
    {
      "year": 2013,
      "hs4": 8468,
      "global_trade_usd": 1261505802.222038,
      "corridor_count": 4581,
      "active_hs6_count": 4
    },
    {
      "year": 2014,
      "hs4": 8468,
      "global_trade_usd": 1190236387.6813545,
      "corridor_count": 4692,
      "active_hs6_count": 4
    },
    {
      "year": 2015,
      "hs4": 8468,
      "global_trade_usd": 1063677857.3886433,
      "corridor_count": 4797,
      "active_hs6_count": 4
    },
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      "year": 2016,
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      "corridor_count": 4675,
      "active_hs6_count": 4
    },
    {
      "year": 2017,
      "hs4": 8468,
      "global_trade_usd": 1001561642.1660763,
      "corridor_count": 4742,
      "active_hs6_count": 4
    },
    {
      "year": 2018,
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      "global_trade_usd": 1058368808.661997,
      "corridor_count": 4985,
      "active_hs6_count": 4
    },
    {
      "year": 2019,
      "hs4": 8468,
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      "corridor_count": 4907,
      "active_hs6_count": 4
    },
    {
      "year": 2020,
      "hs4": 8468,
      "global_trade_usd": 863739173.81148,
      "corridor_count": 4589,
      "active_hs6_count": 4
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      "year": 2021,
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      "year": 2022,
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      "year": 2024,
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      "importer_name": "Russia"
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      "exports_avg_5y_usd": 15328522.028229404,
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      "exports_cagr_5y_pct": -3.862187717086807,
      "exports_cagr_10y_pct": -1.00833945975084,
      "historical_peak_usd": 20390369.490034,
      "historical_peak_year": 2022,
      "latest_below_peak_pct": 25.3632499984964,
      "yoy_growth_latest_pct": 25.474705389881834,
      "positive_growth_year_share_pct": 62.06896551724138,
      "trend_acceleration_pct": -1.7751469873268477,
      "trend_label": "Stable",
      "active_hs6_count": 4,
      "access_data_year": 2024,
      "distance_km": 3359,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.09682042786095757,
      "mfn_tariff_pct": 0.1360029642040404,
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      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "USA, Puerto Rico and US Virgin Islands",
      "importer_name": "Mexico"
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      "latest_below_peak_pct": 0,
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      "access_data_year": 2024,
      "distance_km": 12555,
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      "refreshed_at": "2026-07-20 09:37:48",
      "exporter_name": "Taiwan",
      "importer_name": "USA, Puerto Rico and US Virgin Islands"
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    {
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      "export_partner_count": 198,
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      "exports_usd": 62682446.66329874,
      "imports_usd": 23241559.94319419,
      "trade_balance_usd": 39440886.72010455,
      "export_partner_count": 100,
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      "country_name": "Austria"
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      "trade_balance_usd": 26988757.58593115,
      "export_partner_count": 138,
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      "active_hs6_count": 4,
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      "year": 2024,
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      "exports_usd": 37538830.202832825,
      "imports_usd": 58750288.464336865,
      "trade_balance_usd": -21211458.26150404,
      "export_partner_count": 93,
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      "active_hs6_count": 4,
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      "trade_balance_usd": 12725724.419988949,
      "export_partner_count": 97,
      "import_partner_count": 51,
      "active_hs6_count": 4,
      "country_name": "Czechia"
    },
    {
      "year": 2024,
      "country_iso3": "JPN",
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      "exports_usd": 33680629.79691506,
      "imports_usd": 22027779.440001387,
      "trade_balance_usd": 11652850.356913675,
      "export_partner_count": 99,
      "import_partner_count": 35,
      "active_hs6_count": 4,
      "country_name": "Japan"
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      "year": 2024,
      "country_iso3": "GBR",
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      "exports_usd": 33436273.294840734,
      "imports_usd": 28223952.790806256,
      "trade_balance_usd": 5212320.504034478,
      "export_partner_count": 128,
      "import_partner_count": 58,
      "active_hs6_count": 4,
      "country_name": "United Kingdom"
    },
    {
      "year": 2024,
      "country_iso3": "TWN",
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      "exports_usd": 31665098.323187687,
      "imports_usd": 21338848.65449543,
      "trade_balance_usd": 10326249.668692257,
      "export_partner_count": 118,
      "import_partner_count": 35,
      "active_hs6_count": 4,
      "country_name": "Taiwan"
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  "importers": [
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      "export_partner_count": 151,
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      "active_hs6_count": 4,
      "country_name": "USA, Puerto Rico and US Virgin Islands"
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      "export_partner_count": 93,
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      "trade_balance_usd": 78042127.53288391,
      "export_partner_count": 136,
      "import_partner_count": 67,
      "active_hs6_count": 4,
      "country_name": "Germany"
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      "year": 2024,
      "country_iso3": "BEL",
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      "exports_usd": 4396871.648558313,
      "imports_usd": 53282743.514322214,
      "trade_balance_usd": -48885871.8657639,
      "export_partner_count": 99,
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      "year": 2024,
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      "imports_usd": 40024079.570006594,
      "trade_balance_usd": -38285041.83978769,
      "export_partner_count": 20,
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      "active_hs6_count": 4,
      "country_name": "Russia"
    },
    {
      "year": 2024,
      "country_iso3": "IND",
      "hs4": 8468,
      "exports_usd": 19713591.65194867,
      "imports_usd": 38275049.72684348,
      "trade_balance_usd": -18561458.074894805,
      "export_partner_count": 147,
      "import_partner_count": 47,
      "active_hs6_count": 4,
      "country_name": "India"
    },
    {
      "year": 2024,
      "country_iso3": "CHN",
      "hs4": 8468,
      "exports_usd": 377028313.3160104,
      "imports_usd": 34000871.36848213,
      "trade_balance_usd": 343027441.9475283,
      "export_partner_count": 198,
      "import_partner_count": 63,
      "active_hs6_count": 4,
      "country_name": "China"
    },
    {
      "year": 2024,
      "country_iso3": "ITA",
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      "exports_usd": 57280473.44606954,
      "imports_usd": 30291715.86013839,
      "trade_balance_usd": 26988757.58593115,
      "export_partner_count": 138,
      "import_partner_count": 50,
      "active_hs6_count": 4,
      "country_name": "Italy"
    },
    {
      "year": 2024,
      "country_iso3": "GBR",
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      "exports_usd": 33436273.294840734,
      "imports_usd": 28223952.790806256,
      "trade_balance_usd": 5212320.504034478,
      "export_partner_count": 128,
      "import_partner_count": 58,
      "active_hs6_count": 4,
      "country_name": "United Kingdom"
    },
    {
      "year": 2024,
      "country_iso3": "CAN",
      "hs4": 8468,
      "exports_usd": 6934257.314945031,
      "imports_usd": 24699762.708383698,
      "trade_balance_usd": -17765505.393438667,
      "export_partner_count": 83,
      "import_partner_count": 46,
      "active_hs6_count": 4,
      "country_name": "Canada"
    }
  ],
  "products": [
    {
      "hs_code": "846810",
      "product_name": "Machinery and apparatus: hand-held blow pipes for soldering, brazing or welding, whether or not capable of cutting"
    },
    {
      "hs_code": "846820",
      "product_name": "Machinery and apparatus: gas operated machinery and apparatus n.e.s. in item no. 8468.10, for soldering, brazing or welding, whether or not capable of cutting"
    },
    {
      "hs_code": "846880",
      "product_name": "Machinery and apparatus: for soldering, brazing or welding, whether or not capable of cutting, n.e.c. in heading no. 8468"
    },
    {
      "hs_code": "846890",
      "product_name": "Machinery and apparatus: parts, soldering, brazing or welding, whether or not capable of cutting, parts thereof"
    }
  ],
  "methodology": {
    "reportedValues": "Merchandise trade observations aggregated to HS4.",
    "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.",
    "missingData": "Missing values remain unavailable and are not imputed."
  }
}