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845630 (Harmonized System 1992 for 6-digit)

2023
World Trade $947MRnk 2170 / 4644
2023
Top Exporter | Top Importer $234M | $169MJapan | China
2023
Product Complexity 1.63Rnk 105 / 4656
2022 - 2023
Export Growth (CAGR) -6.65%Rnk 2302 / 4644
2023
Share of World Trade 0.0042%Rnk 2170 / 4644

About

Overview This page contains the latest trade data of Electro-discharge process machine tools. In 2023, Electro-discharge process machine tools were the world's 2170th most traded product, with a total trade of $947M. Between 2022 and 2023 the exports of Electro-discharge process machine tools decreased by -6.65%, from $1.01B to $947M. Trade in Electro-discharge process machine tools represent 0.0042% of total world trade.

Electro-discharge process machine tools are a part of Non-Mechanical Removal Machinery.

Exports In 2023 the top exporters of Electro-discharge process machine tools  were Japan ($234M), China ($168M), Switzerland ($121M), Thailand ($92.8M), and Germany ($81.8M).

Imports In 2023 the top importers of Electro-discharge process machine tools were China ($169M), United States ($165M), Germany ($78.2M), Italy ($50.2M), and Turkey ($46.9M).

Ranking Electro-discharge process machine tools ranks 105th in the Product Complexity Index (PCI).

Description Electro-discharge process machine tools are used to remove material from a workpiece. They use electricity to cut, sand, and shape metal, plastics, and other materials.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electro-discharge process machine tools. 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)Japan$234M
Top Destination (2023)China$169M

In 2023 Electro-discharge process machine tools were the world's 2170th most traded product (out of 4,644).

In 2023, the top exporters of Electro-discharge process machine tools were Japan ($234M), China ($168M), Switzerland ($121M), Thailand ($92.8M), and Germany ($81.8M).

In 2023, the top importers of Electro-discharge process machine tools were China ($169M), United States ($165M), Germany ($78.2M), Italy ($50.2M), and Turkey ($46.9M).

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Exporters of Electro-discharge process machine tools (2023)
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Importers of Electro-discharge process machine tools (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$18.7M
Top Destination Growth (2022 -  2023)Russia$20M

Between 2022 and 2023, the exports of Electro-discharge process machine tools grew the fastest in China ($18.7M), Japan ($5.85M), Germany ($2.69M), Gambia ($2.45M), and Australia ($2.28M).

Between 2022 and 2023, the fastest growing importers of Electro-discharge process machine tools were Russia ($20M), Kazakhstan ($8.1M), Brazil ($5.27M), Canada ($4.16M), and Ukraine ($3.51M).

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Exporters of Electro-discharge process machine tools (2022 - 2023)

Importers of Electro-discharge process machine tools (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electro-discharge process machine tools.

In 2023, market concentration measured using Shannon Entropy, was 3.49. This means that most of the exports of Electro-discharge process machine tools are explained by 11 countries.

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Value of Exports in Electro-discharge process machine tools

Net Trade

TOP NET EXPORTER (2023)Japan$207M
TOP NET IMPORTER (2023)United States$150M

This map shows which countries export or import more of Electro-discharge process machine tools. Each country is colored based on the difference in exports and imports of Electro-discharge process machine tools during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electro-discharge process machine tools were Japan ($207M), Switzerland ($111M), Thailand ($83.9M), Chinese Taipei ($38.1M), and Singapore ($34.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Electro-discharge process machine tools were United States ($150M), Russia ($42M), Italy ($41.1M), India ($34.7M), and Turkey ($33.6M).

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 Electro-discharge process machine tools.
It is possible to select the main countries that export or import Electro-discharge process machine tools in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electro-discharge process machine tools 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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