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845811 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.5BRnk 700 / 4648
2022
Top Exporter | Top Importer $1.54B | $918MJapan | United States
2022
Product Complexity 1.92Rnk 30 / 4653
2021 - 2022
Export Growth (CAGR) 13.8%Rnk 1228 / 4648
2022
Share of World Trade 0.023%Rnk 700 / 4648

About

Overview This page contains the latest trade data of Horizontal numerically controlled metal work lathes. In 2022, Horizontal numerically controlled metal work lathes were the world's 700th most traded product, with a total trade of $5.5B. Between 2021 and 2022 the exports of Horizontal numerically controlled metal work lathes grew by 13.8%, from $4.84B to $5.5B. Trade in Horizontal numerically controlled metal work lathes represent 0.023% of total world trade.

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

Exports In 2022 the top exporters of Horizontal numerically controlled metal work lathes  were Japan ($1.54B), South Korea ($785M), Germany ($560M), Chinese Taipei ($457M), and China ($454M).

Imports In 2022 the top importers of Horizontal numerically controlled metal work lathes were United States ($918M), Germany ($489M), China ($415M), Italy ($390M), and Turkey ($261M).

Ranking Horizontal numerically controlled metal work lathes ranks 30th 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

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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.

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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$1.54B
Top Destination (2022)United States$918M

In 2022 Horizontal numerically controlled metal work lathes were the world's 700th most traded product (out of 4,648).

In 2022, the top exporters of Horizontal numerically controlled metal work lathes were Japan ($1.54B), South Korea ($785M), Germany ($560M), Chinese Taipei ($457M), and China ($454M).

In 2022, the top importers of Horizontal numerically controlled metal work lathes were United States ($918M), Germany ($489M), China ($415M), Italy ($390M), and Turkey ($261M).

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Exporters of Horizontal numerically controlled metal work lathes (2022)
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Importers of Horizontal numerically controlled metal work lathes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Japan$281M
Top Destination Growth (2021 -  2022)United States$314M

Between 2021 and 2022, the exports of Horizontal numerically controlled metal work lathes grew the fastest in Japan ($281M), China ($138M), South Korea ($122M), Chinese Taipei ($78.1M), and Singapore ($19.5M).

Between 2021 and 2022, the fastest growing importers of Horizontal numerically controlled metal work lathes were United States ($314M), Germany ($94.8M), Switzerland ($60.2M), Italy ($51.4M), and Japan ($46.4M).

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Exporters of Horizontal numerically controlled metal work lathes (2021 - 2022)

Importers of Horizontal numerically controlled metal work lathes (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.61. This means that most of the exports of Horizontal numerically controlled metal work lathes are explained by 12 countries.

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Value of Exports in Horizontal numerically controlled metal work lathes

Net Trade

TOP NET EXPORTER (2022)Japan$1.3B
TOP NET IMPORTER (2022)United States$656M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Horizontal numerically controlled metal work lathes were Japan ($1.3B), South Korea ($715M), Chinese Taipei ($389M), Thailand ($188M), and Germany ($71.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Horizontal numerically controlled metal work lathes were United States ($656M), Turkey ($221M), Italy ($221M), Russia ($187M), and Mexico ($157M).

Net Trade (2022)

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 (2022)

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