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845610 (Harmonized System 1992 for 6-digit)

2022
World Trade $6.18BRnk 626 / 4648
2022
Top Exporter | Top Importer $1.61B | $757MChina | United States
2022
Product Complexity 1.74Rnk 86 / 4653
2021 - 2022
Export Growth (CAGR) 4.13%Rnk 2358 / 4648
2022
Share of World Trade 0.026%Rnk 626 / 4648

About

Overview This page contains the latest trade data of Laser, light and photon beam process machine tools. In 2022, Laser, light and photon beam process machine tools were the world's 626th most traded product, with a total trade of $6.18B. Between 2021 and 2022 the exports of Laser, light and photon beam process machine tools grew by 4.13%, from $5.93B to $6.18B. Trade in Laser, light and photon beam process machine tools represent 0.026% of total world trade.

Laser, light and photon beam process machine tools are a part of Non-Mechanical Removal Machinery.

Exports In 2022 the top exporters of Laser, light and photon beam process machine tools  were China ($1.61B), Germany ($1.06B), Japan ($1.05B), Switzerland ($629M), and Italy ($340M).

Imports In 2022 the top importers of Laser, light and photon beam process machine tools were United States ($757M), China ($611M), South Korea ($321M), Chinese Taipei ($307M), and Germany ($296M).

Ranking Laser, light and photon beam process machine tools ranks 86th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Laser, light and photon beam 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)China$1.61B
Top Destination (2022)United States$757M

In 2022 Laser, light and photon beam process machine tools were the world's 626th most traded product (out of 4,648).

In 2022, the top exporters of Laser, light and photon beam process machine tools were China ($1.61B), Germany ($1.06B), Japan ($1.05B), Switzerland ($629M), and Italy ($340M).

In 2022, the top importers of Laser, light and photon beam process machine tools were United States ($757M), China ($611M), South Korea ($321M), Chinese Taipei ($307M), and Germany ($296M).

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Exporters of Laser, light and photon beam process machine tools (2022)
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Importers of Laser, light and photon beam process machine tools (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$295M
Top Destination Growth (2021 -  2022)United States$120M

Between 2021 and 2022, the exports of Laser, light and photon beam process machine tools grew the fastest in China ($295M), Germany ($64.9M), Chinese Taipei ($47.4M), Switzerland ($35.3M), and South Korea ($25.4M).

Between 2021 and 2022, the fastest growing importers of Laser, light and photon beam process machine tools were United States ($120M), Vietnam ($84.6M), Italy ($63.9M), Japan ($27.4M), and Brazil ($25.9M).

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Exporters of Laser, light and photon beam process machine tools (2021 - 2022)

Importers of Laser, light and photon beam process machine tools (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Laser, light and photon beam process machine tools.

In 2022, market concentration measured using Shannon Entropy, was 3.44. This means that most of the exports of Laser, light and photon beam process machine tools are explained by 10 countries.

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Value of Exports in Laser, light and photon beam process machine tools

Net Trade

TOP NET EXPORTER (2022)China$1B
TOP NET IMPORTER (2022)United States$534M

This map shows which countries export or import more of Laser, light and photon beam process machine tools. Each country is colored based on the difference in exports and imports of Laser, light and photon beam process machine tools during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Laser, light and photon beam process machine tools were China ($1B), Japan ($921M), Germany ($759M), Switzerland ($557M), and Italy ($113M).

In 2022, the countries that had a largest trade value in imports than in exports of Laser, light and photon beam process machine tools were United States ($534M), Vietnam ($225M), Chinese Taipei ($184M), Mexico ($181M), and India ($148M).

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 Laser, light and photon beam process machine tools.
It is possible to select the main countries that export or import Laser, light and photon beam process machine tools in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Laser, light and photon beam 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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