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

845610 (Harmonized System 1992 for 6-digit)

2023
World Trade $6.14BRnk 589 / 4644
2023
Top Exporter | Top Importer $1.72B | $812MChina | United States
2023
Product Complexity 1.73Rnk 80 / 4656
2022 - 2023
Export Growth (CAGR) 0.54%Rnk 1489 / 4644
2023
Share of World Trade 0.027%Rnk 589 / 4644

About

Overview This page contains the latest trade data of Laser, light and photon beam process machine tools. In 2023, Laser, light and photon beam process machine tools were the world's 589th most traded product, with a total trade of $6.14B. Between 2022 and 2023 the exports of Laser, light and photon beam process machine tools grew by 0.54%, from $6.11B to $6.14B. Trade in Laser, light and photon beam process machine tools represent 0.027% of total world trade.

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

Exports In 2023 the top exporters of Laser, light and photon beam process machine tools  were China ($1.72B), Germany ($1.06B), Japan ($831M), Switzerland ($735M), and Italy ($422M).

Imports In 2023 the top importers of Laser, light and photon beam process machine tools were United States ($812M), Germany ($576M), China ($444M), Mexico ($315M), and Chinese Taipei ($221M).

Ranking Laser, light and photon beam process machine tools ranks 80th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

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.

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)China$1.72B
Top Destination (2023)United States$812M

In 2023 Laser, light and photon beam process machine tools were the world's 589th most traded product (out of 4,644).

In 2023, the top exporters of Laser, light and photon beam process machine tools were China ($1.72B), Germany ($1.06B), Japan ($831M), Switzerland ($735M), and Italy ($422M).

In 2023, the top importers of Laser, light and photon beam process machine tools were United States ($812M), Germany ($576M), China ($444M), Mexico ($315M), and Chinese Taipei ($221M).

Explore Visualizations

Exporters of Laser, light and photon beam process machine tools (2023)
[Click to Select a Country]

Importers of Laser, light and photon beam process machine tools (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$96.1M
Top Destination Growth (2022 -  2023)Mexico$95.6M

Between 2022 and 2023, the exports of Laser, light and photon beam process machine tools grew the fastest in China ($96.1M), Italy ($92.9M), Germany ($87M), United States ($71M), and Poland ($29.2M).

Between 2022 and 2023, the fastest growing importers of Laser, light and photon beam process machine tools were Mexico ($95.6M), Germany ($72.5M), United States ($58.3M), Turkey ($53.9M), and India ($49.4M).

Explore Visualizations

Exporters of Laser, light and photon beam process machine tools (2022 - 2023)

Importers of Laser, light and photon beam process machine tools (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.4. This means that most of the exports of Laser, light and photon beam process machine tools are explained by 10 countries.

Explore Visualizations

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

Net Trade

TOP NET EXPORTER (2023)China$1.28B
TOP NET IMPORTER (2023)United States$535M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Laser, light and photon beam process machine tools were China ($1.28B), Japan ($707M), Switzerland ($658M), Germany ($482M), and Italy ($224M).

In 2023, 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 ($535M), Mexico ($286M), India ($193M), Russia ($172M), and Brazil ($162M).

Net Trade (2023)

Country Comparison

Flow
Measure
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 (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