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902490 (Harmonized System 1992 for 6-digit)

2023
World Trade $569MRnk 2718 / 4644
2023
Top Exporter | Top Importer $152M | $68.1MUnited States | United States
2023
Product Complexity 0.91Rnk 919 / 4656
2022 - 2023
Export Growth (CAGR) 8.18%Rnk 790 / 4644
2023
Share of World Trade 0.0025%Rnk 2718 / 4644

About

Overview This page contains the latest trade data of Parts and accessories of material testing equipment. In 2023, Parts and accessories of material testing equipment were the world's 2718th most traded product, with a total trade of $569M. Between 2022 and 2023 the exports of Parts and accessories of material testing equipment grew by 8.18%, from $526M to $569M. Trade in Parts and accessories of material testing equipment represent 0.0025% of total world trade.

Parts and accessories of material testing equipment are a part of Tensile Testing Machines.

Exports In 2023 the top exporters of Parts and accessories of material testing equipment  were United States ($152M), Germany ($83.1M), United Kingdom ($67.7M), Italy ($45.6M), and China ($29.6M).

Imports In 2023 the top importers of Parts and accessories of material testing equipment were United States ($68.1M), China ($45M), Germany ($42.3M), South Korea ($35.9M), and United Kingdom ($30.6M).

Ranking Parts and accessories of material testing equipment ranks 919th in the Product Complexity Index (PCI).

Description The most common accessory of a material testing equipment is a sample holder, which is used to hold the material being tested. Other common accessories are a range of different tips for different types of tests. For example, a torsion pendulum is used to measure the elastic properties of a material.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Parts and accessories of material testing equipment. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$152M
Top Destination (2023)United States$68.1M

In 2023 Parts and accessories of material testing equipment were the world's 2718th most traded product (out of 4,644).

In 2023, the top exporters of Parts and accessories of material testing equipment were United States ($152M), Germany ($83.1M), United Kingdom ($67.7M), Italy ($45.6M), and China ($29.6M).

In 2023, the top importers of Parts and accessories of material testing equipment were United States ($68.1M), China ($45M), Germany ($42.3M), South Korea ($35.9M), and United Kingdom ($30.6M).

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Exporters of Parts and accessories of material testing equipment (2023)
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Importers of Parts and accessories of material testing equipment (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$24.6M
Top Destination Growth (2022 -  2023)Chinese Taipei$12.8M

Between 2022 and 2023, the exports of Parts and accessories of material testing equipment grew the fastest in Italy ($24.6M), United States ($23.9M), Finland ($5.43M), United Kingdom ($5.24M), and Netherlands ($2.94M).

Between 2022 and 2023, the fastest growing importers of Parts and accessories of material testing equipment were Chinese Taipei ($12.8M), South Korea ($8.02M), Canada ($6.54M), Japan ($6.21M), and Uzbekistan ($4.16M).

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Exporters of Parts and accessories of material testing equipment (2022 - 2023)

Importers of Parts and accessories of material testing equipment (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts and accessories of material testing equipment.

In 2023, market concentration measured using Shannon Entropy, was 3.91. This means that most of the exports of Parts and accessories of material testing equipment are explained by 15 countries.

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Value of Exports in Parts and accessories of material testing equipment

Net Trade

TOP NET EXPORTER (2023)United States$83.5M
TOP NET IMPORTER (2023)South Korea$33.1M

This map shows which countries export or import more of Parts and accessories of material testing equipment. Each country is colored based on the difference in exports and imports of Parts and accessories of material testing equipment during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts and accessories of material testing equipment were United States ($83.5M), Germany ($40.7M), United Kingdom ($37.1M), Italy ($32.2M), and Switzerland ($14.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts and accessories of material testing equipment were South Korea ($33.1M), Chinese Taipei ($18.8M), China ($15.4M), France ($15M), and Mexico ($8.69M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Parts and accessories of material testing equipment.
It is possible to select the main countries that export or import Parts and accessories of material testing equipment in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts and accessories of material testing equipment by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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