HS Code:
The 'Other threshing machinery' category (HS Code: 8433.59) includes machinery used for threshing crops that are not specifically classified under other subcategories of threshing equipment. This machinery is essential in agricultural processes for separating grains from husks or straw, and it plays a critical role in improving efficiency in post-harvest operations. These machines are used across various crops and are distinct from combine harvesters or other specialized equipment.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 300 million
25% of total trade of total trade
Increasing
USD 250 million
21% of total trade of total trade
Stable
USD 180 million
15% of total trade of total trade
Increasing
USD 150 million
12.5% of total trade of total trade
Increasing
USD 100 million
8.3% of total trade of total trade
Stable
Average Rate
5.2%
Highest Rate
15% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand for automation in agriculture
Increased adoption of advanced threshing machinery with automated features, driving trade volume growth in developed markets
2021-2022
Shift towards sustainable machinery
Growing preference for energy-efficient and low-emission threshing equipment, influencing manufacturers to innovate
2020-2022
Emerging markets driving demand
Countries in Africa and South Asia are increasing imports to modernize agricultural practices, boosting trade in affordable machinery
2019-2022
The European Union introduced stricter environmental regulations under the Green Deal, requiring threshing machinery to meet lower emission standards.
January 2023
Manufacturers exporting to the EU must adapt to new compliance requirements, potentially increasing production costs but fostering innovation in eco-friendly designs.
A new phase of the US-China trade agreement reduced tariffs on agricultural machinery, including threshing equipment, to promote bilateral trade.
March 2023
This has led to a surge in exports from China to the US, benefiting Chinese manufacturers and providing US farmers with more cost-effective options.
Leading manufacturers in Germany and Italy unveiled AI-integrated threshing machinery designed to optimize yield and reduce grain loss.
June 2023
This development is expected to increase demand in high-income markets, potentially widening the technology gap with developing regions.