NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

845811 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.77BRnk 630 / 4644
2023
Top Exporter | Top Importer $1.6B | $957MJapan | United States
2023
Product Complexity 1.83Rnk 42 / 4656
2022 - 2023
Export Growth (CAGR) 11.8%Rnk 572 / 4644
2023
Share of World Trade 0.026%Rnk 630 / 4644

About

Overview This page contains the latest trade data of Horizontal numerically controlled metal work lathes. In 2023, Horizontal numerically controlled metal work lathes were the world's 630th most traded product, with a total trade of $5.77B. Between 2022 and 2023 the exports of Horizontal numerically controlled metal work lathes grew by 11.8%, from $5.16B to $5.77B. Trade in Horizontal numerically controlled metal work lathes represent 0.026% of total world trade.

Horizontal numerically controlled metal work lathes are a part of Metal Lathes.

Exports In 2023 the top exporters of Horizontal numerically controlled metal work lathes  were Japan ($1.6B), South Korea ($870M), China ($652M), Germany ($551M), and Chinese Taipei ($478M).

Imports In 2023 the top importers of Horizontal numerically controlled metal work lathes were United States ($957M), Germany ($493M), China ($417M), Italy ($404M), and Russia ($395M).

Ranking Horizontal numerically controlled metal work lathes ranks 42nd in the Product Complexity Index (PCI).

Description Horizontal numerically controlled metal work lathes are used to cut metal stock into a desired shape by rotating a cutting tool at a constant speed, while the material is held in a chuck.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Horizontal numerically controlled metal work lathes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)Japan$1.6B
Top Destination (2023)United States$957M

In 2023 Horizontal numerically controlled metal work lathes were the world's 630th most traded product (out of 4,644).

In 2023, the top exporters of Horizontal numerically controlled metal work lathes were Japan ($1.6B), South Korea ($870M), China ($652M), Germany ($551M), and Chinese Taipei ($478M).

In 2023, the top importers of Horizontal numerically controlled metal work lathes were United States ($957M), Germany ($493M), China ($417M), Italy ($404M), and Russia ($395M).

Explore Visualizations

Exporters of Horizontal numerically controlled metal work lathes (2023)
[Click to Select a Country]

Importers of Horizontal numerically controlled metal work lathes (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$234M
Top Destination Growth (2022 -  2023)Russia$206M

Between 2022 and 2023, the exports of Horizontal numerically controlled metal work lathes grew the fastest in China ($234M), Japan ($104M), Germany ($54.6M), Belgium ($40.2M), and Turkey ($31.6M).

Between 2022 and 2023, the fastest growing importers of Horizontal numerically controlled metal work lathes were Russia ($206M), Turkey ($79.3M), Belarus ($51.1M), France ($38M), and Netherlands ($35.8M).

Explore Visualizations

Exporters of Horizontal numerically controlled metal work lathes (2022 - 2023)

Importers of Horizontal numerically controlled metal work lathes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Horizontal numerically controlled metal work lathes.

In 2023, market concentration measured using Shannon Entropy, was 3.59. This means that most of the exports of Horizontal numerically controlled metal work lathes are explained by 12 countries.

Explore Visualizations

Value of Exports in Horizontal numerically controlled metal work lathes

Net Trade

TOP NET EXPORTER (2023)Japan$1.45B
TOP NET IMPORTER (2023)United States$815M

This map shows which countries export or import more of Horizontal numerically controlled metal work lathes. Each country is colored based on the difference in exports and imports of Horizontal numerically controlled metal work lathes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Horizontal numerically controlled metal work lathes were Japan ($1.45B), South Korea ($788M), Chinese Taipei ($458M), China ($235M), and Thailand ($178M).

In 2023, the countries that had a largest trade value in imports than in exports of Horizontal numerically controlled metal work lathes were United States ($815M), Russia ($394M), Turkey ($320M), Italy ($243M), and France ($204M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Horizontal numerically controlled metal work lathes.
It is possible to select the main countries that export or import Horizontal numerically controlled metal work lathes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Horizontal numerically controlled metal work lathes 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms