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845891 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.13BRnk 2059 / 4648
2022
Top Exporter | Top Importer $196M | $202MChinese Taipei | China
2022
Product Complexity 1.06Rnk 701 / 4653
2021 - 2022
Export Growth (CAGR) -4.25%Rnk 3502 / 4648
2022
Share of World Trade 0.0048%Rnk 2059 / 4648

About

Overview This page contains the latest trade data of Lathes nes numerically controlled for removing metal. In 2022, Lathes nes numerically controlled for removing metal were the world's 2059th most traded product, with a total trade of $1.13B. Between 2021 and 2022 the exports of Lathes nes numerically controlled for removing metal decreased by -4.25%, from $1.18B to $1.13B. Trade in Lathes nes numerically controlled for removing metal represent 0.0048% of total world trade.

Lathes nes numerically controlled for removing metal are a part of Metal Lathes.

Exports In 2022 the top exporters of Lathes nes numerically controlled for removing metal  were Chinese Taipei ($196M), Germany ($178M), Japan ($157M), Italy ($135M), and South Korea ($121M).

Imports In 2022 the top importers of Lathes nes numerically controlled for removing metal were China ($202M), United States ($158M), Germany ($67.8M), Turkey ($57.8M), and Mexico ($54.1M).

Ranking Lathes nes numerically controlled for removing metal ranks 701st in the Product Complexity Index (PCI).

Description Common uses for lathes numerically controlled are to remove metal, to mill the surface of objects, and to produce threads.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Lathes nes numerically controlled for removing 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 (2022)Chinese Taipei$196M
Top Destination (2022)China$202M

In 2022 Lathes nes numerically controlled for removing metal were the world's 2059th most traded product (out of 4,648).

In 2022, the top exporters of Lathes nes numerically controlled for removing metal were Chinese Taipei ($196M), Germany ($178M), Japan ($157M), Italy ($135M), and South Korea ($121M).

In 2022, the top importers of Lathes nes numerically controlled for removing metal were China ($202M), United States ($158M), Germany ($67.8M), Turkey ($57.8M), and Mexico ($54.1M).

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Exporters of Lathes nes numerically controlled for removing metal (2022)
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Importers of Lathes nes numerically controlled for removing metal (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$23.1M
Top Destination Growth (2021 -  2022)Mexico$21.7M

Between 2021 and 2022, the exports of Lathes nes numerically controlled for removing metal grew the fastest in China ($23.1M), Chinese Taipei ($22.8M), United States ($11.5M), Japan ($9.78M), and Italy ($7.06M).

Between 2021 and 2022, the fastest growing importers of Lathes nes numerically controlled for removing metal were Mexico ($21.7M), Germany ($21.2M), Turkey ($20.1M), Italy ($11.7M), and Thailand ($11.3M).

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Exporters of Lathes nes numerically controlled for removing metal (2021 - 2022)

Importers of Lathes nes numerically controlled for removing metal (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lathes nes numerically controlled for removing metal.

In 2022, market concentration measured using Shannon Entropy, was 3.56. This means that most of the exports of Lathes nes numerically controlled for removing metal are explained by 11 countries.

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Value of Exports in Lathes nes numerically controlled for removing metal

Net Trade

TOP NET EXPORTER (2022)Chinese Taipei$157M
TOP NET IMPORTER (2022)China$108M

This map shows which countries export or import more of Lathes nes numerically controlled for removing metal. Each country is colored based on the difference in exports and imports of Lathes nes numerically controlled for removing metal during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Lathes nes numerically controlled for removing metal were Chinese Taipei ($157M), Japan ($150M), Germany ($110M), South Korea ($105M), and Italy ($85.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Lathes nes numerically controlled for removing metal were China ($108M), United States ($70.9M), Mexico ($54.1M), Turkey ($52.8M), and India ($40.7M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Lathes nes numerically controlled for removing 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 (2022)

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