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Pricing

846239 (Harmonized System 1992 for 6-digit)

2022
World Trade $545MRnk 2848 / 4648
2022
Top Exporter | Top Importer $143M | $64.6MChina | United States
2022
Product Complexity 1.03Rnk 737 / 4653
2021 - 2022
Export Growth (CAGR) 17.9%Rnk 922 / 4648
2022
Share of World Trade 0.0023%Rnk 2848 / 4648

About

Overview This page contains the latest trade data of Shearing (except punch-shear) machine tools, nes. In 2022, Shearing (except punch-shear) machine tools, nes were the world's 2848th most traded product, with a total trade of $545M. Between 2021 and 2022 the exports of Shearing (except punch-shear) machine tools, nes grew by 17.9%, from $462M to $545M. Trade in Shearing (except punch-shear) machine tools, nes represent 0.0023% of total world trade.

Shearing (except punch-shear) machine tools, nes are a part of Forging Machines.

Exports In 2022 the top exporters of Shearing (except punch-shear) machine tools, nes  were China ($143M), Italy ($100M), Germany ($69.8M), United States ($33M), and Turkey ($29.1M).

Imports In 2022 the top importers of Shearing (except punch-shear) machine tools, nes were United States ($64.6M), India ($41.5M), Russia ($38.3M), Mexico ($28.5M), and China ($24.7M).

Ranking Shearing (except punch-shear) machine tools, nes ranks 737th in the Product Complexity Index (PCI).

Description A shearing machine can perform a number of shearing operations, including: Punch shear: the shearing of metal plate or bar by means of a punch and die. Chisel shear: the shearing of metal plate or bar by means of a chisel or punch and chisel. Slitting shear: the shearing of metal sheet or strip by means of a slitting blade to form a slit. Bevel shear: the shearing of metal sheet or strip by means of a shear blade to form a be

Latest Trends

Latest Data

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The following visualization shows the latest trends on Shearing (except punch-shear) machine tools, nes. 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 (2022)China$143M
Top Destination (2022)United States$64.6M

In 2022 Shearing (except punch-shear) machine tools, nes were the world's 2848th most traded product (out of 4,648).

In 2022, the top exporters of Shearing (except punch-shear) machine tools, nes were China ($143M), Italy ($100M), Germany ($69.8M), United States ($33M), and Turkey ($29.1M).

In 2022, the top importers of Shearing (except punch-shear) machine tools, nes were United States ($64.6M), India ($41.5M), Russia ($38.3M), Mexico ($28.5M), and China ($24.7M).

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Exporters of Shearing (except punch-shear) machine tools, nes (2022)
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Importers of Shearing (except punch-shear) machine tools, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$49.7M
Top Destination Growth (2021 -  2022)India$21.6M

Between 2021 and 2022, the exports of Shearing (except punch-shear) machine tools, nes grew the fastest in China ($49.7M), Italy ($26.9M), Germany ($23.7M), United States ($17.7M), and Spain ($10.9M).

Between 2021 and 2022, the fastest growing importers of Shearing (except punch-shear) machine tools, nes were India ($21.6M), United States ($19.7M), Russia ($19.1M), Greece ($13.5M), and Turkey ($12.1M).

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Exporters of Shearing (except punch-shear) machine tools, nes (2021 - 2022)

Importers of Shearing (except punch-shear) machine tools, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Shearing (except punch-shear) machine tools, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.72. This means that most of the exports of Shearing (except punch-shear) machine tools, nes are explained by 13 countries.

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Value of Exports in Shearing (except punch-shear) machine tools, nes

Net Trade

TOP NET EXPORTER (2022)China$118M
TOP NET IMPORTER (2022)India$37.8M

This map shows which countries export or import more of Shearing (except punch-shear) machine tools, nes. Each country is colored based on the difference in exports and imports of Shearing (except punch-shear) machine tools, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Shearing (except punch-shear) machine tools, nes were China ($118M), Italy ($88.9M), Germany ($58.1M), South Korea ($22M), and Spain ($14.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Shearing (except punch-shear) machine tools, nes were India ($37.8M), Russia ($37.7M), United States ($31.7M), Mexico ($27.3M), and Greece ($14.5M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Shearing (except punch-shear) machine tools, nes.
It is possible to select the main countries that export or import Shearing (except punch-shear) machine tools, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Shearing (except punch-shear) machine tools, nes 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 (2022)

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