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845630 (Harmonized System 1992 for 6-digit)

2022
World Trade $999MRnk 2207 / 4648
2022
Top Exporter | Top Importer $217M | $164MJapan | United States
2022
Product Complexity 1.66Rnk 110 / 4653
2021 - 2022
Export Growth (CAGR) 2.42%Rnk 2607 / 4648
2022
Share of World Trade 0.0042%Rnk 2207 / 4648

About

Overview This page contains the latest trade data of Electro-discharge process machine tools. In 2022, Electro-discharge process machine tools were the world's 2207th most traded product, with a total trade of $999M. Between 2021 and 2022 the exports of Electro-discharge process machine tools grew by 2.42%, from $976M to $999M. 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 2022 the top exporters of Electro-discharge process machine tools  were Japan ($217M), China ($164M), Switzerland ($131M), Thailand ($110M), and Germany ($75.3M).

Imports In 2022 the top importers of Electro-discharge process machine tools were United States ($164M), China ($161M), Germany ($70.9M), Italy ($67M), and Turkey ($46.4M).

Ranking Electro-discharge process machine tools ranks 110th 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 (2022)Japan$217M
Top Destination (2022)United States$164M

In 2022 Electro-discharge process machine tools were the world's 2207th most traded product (out of 4,648).

In 2022, the top exporters of Electro-discharge process machine tools were Japan ($217M), China ($164M), Switzerland ($131M), Thailand ($110M), and Germany ($75.3M).

In 2022, the top importers of Electro-discharge process machine tools were United States ($164M), China ($161M), Germany ($70.9M), Italy ($67M), and Turkey ($46.4M).

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Exporters of Electro-discharge process machine tools (2022)
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Importers of Electro-discharge process machine tools (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$25.5M
Top Destination Growth (2021 -  2022)United States$46.9M

Between 2021 and 2022, the exports of Electro-discharge process machine tools grew the fastest in China ($25.5M), Singapore ($16M), Japan ($13.7M), Netherlands ($7.48M), and Chinese Taipei ($6.82M).

Between 2021 and 2022, the fastest growing importers of Electro-discharge process machine tools were United States ($46.9M), Turkey ($14.1M), Vietnam ($11M), India ($8.96M), and Japan ($8.56M).

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Exporters of Electro-discharge process machine tools (2021 - 2022)

Importers of Electro-discharge process machine tools (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.59. This means that most of the exports of Electro-discharge process machine tools are explained by 12 countries.

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Value of Exports in Electro-discharge process machine tools

Net Trade

TOP NET EXPORTER (2022)Japan$176M
TOP NET IMPORTER (2022)United States$133M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electro-discharge process machine tools were Japan ($176M), Switzerland ($124M), Thailand ($96.7M), Singapore ($45.5M), and Chinese Taipei ($32.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Electro-discharge process machine tools were United States ($133M), Italy ($61.6M), India ($34.6M), Turkey ($34.4M), and Vietnam ($32.2M).

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 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 (2022)

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