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846291 (Harmonized System 1992 for 6-digit)

2023
World Trade $824MRnk 2322 / 4644
2023
Top Exporter | Top Importer $204M | $123MChina | United States
2023
Product Complexity 0.95Rnk 854 / 4656
2022 - 2023
Export Growth (CAGR) 17.9%Rnk 338 / 4644
2023
Share of World Trade 0.0036%Rnk 2322 / 4644

About

Overview This page contains the latest trade data of Hydraulic presses for working metal. In 2023, Hydraulic presses for working metal were the world's 2322nd most traded product, with a total trade of $824M. Between 2022 and 2023 the exports of Hydraulic presses for working metal grew by 17.9%, from $698M to $824M. Trade in Hydraulic presses for working metal represent 0.0036% of total world trade.

Hydraulic presses for working metal are a part of Forging Machines.

Exports In 2023 the top exporters of Hydraulic presses for working metal  were China ($204M), Italy ($123M), Germany ($111M), Turkey ($69.8M), and United States ($46.6M).

Imports In 2023 the top importers of Hydraulic presses for working metal were United States ($123M), Mexico ($92.2M), India ($48.2M), Russia ($43M), and China ($41.2M).

Ranking Hydraulic presses for working metal ranks 854th in the Product Complexity Index (PCI).

Description A hydraulic press is a device that uses a hydraulic cylinder to exert force on a die, to shape it. The die is mounted in a frame, and pressure is applied to the die by the hydraulic cylinder, which is driven by a hydraulic jack.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hydraulic presses for working metal. 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)China$204M
Top Destination (2023)United States$123M

In 2023 Hydraulic presses for working metal were the world's 2322nd most traded product (out of 4,644).

In 2023, the top exporters of Hydraulic presses for working metal were China ($204M), Italy ($123M), Germany ($111M), Turkey ($69.8M), and United States ($46.6M).

In 2023, the top importers of Hydraulic presses for working metal were United States ($123M), Mexico ($92.2M), India ($48.2M), Russia ($43M), and China ($41.2M).

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Exporters of Hydraulic presses for working metal (2023)
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Importers of Hydraulic presses for working metal (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$48.6M
Top Destination Growth (2022 -  2023)Mexico$62.7M

Between 2022 and 2023, the exports of Hydraulic presses for working metal grew the fastest in China ($48.6M), United States ($34.7M), Germany ($16.7M), Turkey ($11.2M), and France ($7.7M).

Between 2022 and 2023, the fastest growing importers of Hydraulic presses for working metal were Mexico ($62.7M), India ($20.9M), Russia ($16.5M), Australia ($10.9M), and Canada ($7.95M).

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Exporters of Hydraulic presses for working metal (2022 - 2023)

Importers of Hydraulic presses for working metal (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hydraulic presses for working metal.

In 2023, market concentration measured using Shannon Entropy, was 3.83. This means that most of the exports of Hydraulic presses for working metal are explained by 14 countries.

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Value of Exports in Hydraulic presses for working metal

Net Trade

TOP NET EXPORTER (2023)China$163M
TOP NET IMPORTER (2023)Mexico$91.5M

This map shows which countries export or import more of Hydraulic presses for working metal. Each country is colored based on the difference in exports and imports of Hydraulic presses for working metal during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hydraulic presses for working metal were China ($163M), Italy ($110M), Germany ($74.7M), Turkey ($52.1M), and South Korea ($30.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Hydraulic presses for working metal were Mexico ($91.5M), United States ($76.5M), India ($43.7M), Russia ($42M), and Poland ($27.1M).

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 Hydraulic presses for working metal.
It is possible to select the main countries that export or import Hydraulic presses for working metal in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hydraulic presses for working metal 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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