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847981 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.44BRnk 1310 / 4648
2022
Top Exporter | Top Importer $508M | $458MChina | China
2022
Product Complexity 1.6Rnk 131 / 4653
2021 - 2022
Export Growth (CAGR) 18.6%Rnk 871 / 4648
2022
Share of World Trade 0.01%Rnk 1310 / 4648

About

Overview This page contains the latest trade data of Metal treating machines, electric wire coil-winders. In 2022, Metal treating machines, electric wire coil-winders were the world's 1310th most traded product, with a total trade of $2.44B. Between 2021 and 2022 the exports of Metal treating machines, electric wire coil-winders grew by 18.6%, from $2.06B to $2.44B. Trade in Metal treating machines, electric wire coil-winders represent 0.01% of total world trade.

Metal treating machines, electric wire coil-winders are a part of Machinery Having Individual Functions.

Exports In 2022 the top exporters of Metal treating machines, electric wire coil-winders  were China ($508M), Switzerland ($325M), Germany ($298M), Italy ($263M), and South Korea ($251M).

Imports In 2022 the top importers of Metal treating machines, electric wire coil-winders were China ($458M), United States ($256M), Germany ($157M), Mexico ($142M), and Vietnam ($135M).

Ranking Metal treating machines, electric wire coil-winders ranks 131st in the Product Complexity Index (PCI).

Description Metal treating machines are used to heat treat metal to specific temperatures and then cool it down. Electric wire coil-winders are used to wind metal wire onto coils.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Metal treating machines, electric wire coil-winders. 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$508M
Top Destination (2022)China$458M

In 2022 Metal treating machines, electric wire coil-winders were the world's 1310th most traded product (out of 4,648).

In 2022, the top exporters of Metal treating machines, electric wire coil-winders were China ($508M), Switzerland ($325M), Germany ($298M), Italy ($263M), and South Korea ($251M).

In 2022, the top importers of Metal treating machines, electric wire coil-winders were China ($458M), United States ($256M), Germany ($157M), Mexico ($142M), and Vietnam ($135M).

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Exporters of Metal treating machines, electric wire coil-winders (2022)
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Importers of Metal treating machines, electric wire coil-winders (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$138M
Top Destination Growth (2021 -  2022)Belgium$61.2M

Between 2021 and 2022, the exports of Metal treating machines, electric wire coil-winders grew the fastest in China ($138M), Germany ($84.5M), South Korea ($68.3M), Switzerland ($58.7M), and Finland ($22.8M).

Between 2021 and 2022, the fastest growing importers of Metal treating machines, electric wire coil-winders were Belgium ($61.2M), India ($47.8M), Vietnam ($40.7M), China ($35M), and Mexico ($23.1M).

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Exporters of Metal treating machines, electric wire coil-winders (2021 - 2022)

Importers of Metal treating machines, electric wire coil-winders (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Metal treating machines, electric wire coil-winders.

In 2022, market concentration measured using Shannon Entropy, was 3.78. This means that most of the exports of Metal treating machines, electric wire coil-winders are explained by 13 countries.

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Value of Exports in Metal treating machines, electric wire coil-winders

Net Trade

TOP NET EXPORTER (2022)Switzerland$300M
TOP NET IMPORTER (2022)United States$164M

This map shows which countries export or import more of Metal treating machines, electric wire coil-winders. Each country is colored based on the difference in exports and imports of Metal treating machines, electric wire coil-winders during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Metal treating machines, electric wire coil-winders were Switzerland ($300M), Italy ($239M), South Korea ($187M), Japan ($152M), and Germany ($141M).

In 2022, the countries that had a largest trade value in imports than in exports of Metal treating machines, electric wire coil-winders were United States ($164M), Mexico ($134M), Vietnam ($132M), India ($86.1M), and Belgium ($55.3M).

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 Metal treating machines, electric wire coil-winders.
It is possible to select the main countries that export or import Metal treating machines, electric wire coil-winders in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Metal treating machines, electric wire coil-winders 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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