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

845891 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.23BRnk 1882 / 4644
2023
Top Exporter | Top Importer $226M | $228MGermany | China
2023
Product Complexity 1.47Rnk 196 / 4656
2022 - 2023
Export Growth (CAGR) 10.1%Rnk 679 / 4644
2023
Share of World Trade 0.0054%Rnk 1882 / 4644

About

Overview This page contains the latest trade data of Lathes nes numerically controlled for removing metal. In 2023, Lathes nes numerically controlled for removing metal were the world's 1882nd most traded product, with a total trade of $1.23B. Between 2022 and 2023 the exports of Lathes nes numerically controlled for removing metal grew by 10.1%, from $1.12B to $1.23B. Trade in Lathes nes numerically controlled for removing metal represent 0.0054% of total world trade.

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

Exports In 2023 the top exporters of Lathes nes numerically controlled for removing metal  were Germany ($226M), Japan ($203M), Chinese Taipei ($168M), Italy ($135M), and South Korea ($132M).

Imports In 2023 the top importers of Lathes nes numerically controlled for removing metal were China ($228M), United States ($191M), Turkey ($67.7M), Germany ($65.5M), and Mexico ($53.1M).

Ranking Lathes nes numerically controlled for removing metal ranks 196th 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

View
Flow
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.

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)Germany$226M
Top Destination (2023)China$228M

In 2023 Lathes nes numerically controlled for removing metal were the world's 1882nd most traded product (out of 4,644).

In 2023, the top exporters of Lathes nes numerically controlled for removing metal were Germany ($226M), Japan ($203M), Chinese Taipei ($168M), Italy ($135M), and South Korea ($132M).

In 2023, the top importers of Lathes nes numerically controlled for removing metal were China ($228M), United States ($191M), Turkey ($67.7M), Germany ($65.5M), and Mexico ($53.1M).

Explore Visualizations

Exporters of Lathes nes numerically controlled for removing metal (2023)
[Click to Select a Country]

Importers of Lathes nes numerically controlled for removing metal (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$62.8M
Top Destination Growth (2022 -  2023)United States$70.4M

Between 2022 and 2023, the exports of Lathes nes numerically controlled for removing metal grew the fastest in Germany ($62.8M), Italy ($44.9M), Turkey ($13.5M), Philippines ($12M), and China ($11.2M).

Between 2022 and 2023, the fastest growing importers of Lathes nes numerically controlled for removing metal were United States ($70.4M), China ($43.1M), Netherlands ($28.2M), France ($14.4M), and Kazakhstan ($11.6M).

Explore Visualizations

Exporters of Lathes nes numerically controlled for removing metal (2022 - 2023)

Importers of Lathes nes numerically controlled for removing metal (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Lathes nes numerically controlled for removing metal are explained by 11 countries.

Explore Visualizations

Value of Exports in Lathes nes numerically controlled for removing metal

Net Trade

TOP NET EXPORTER (2023)Japan$188M
TOP NET IMPORTER (2023)United States$139M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Lathes nes numerically controlled for removing metal were Japan ($188M), Germany ($160M), Chinese Taipei ($119M), South Korea ($117M), and Italy ($96.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Lathes nes numerically controlled for removing metal were United States ($139M), China ($110M), Mexico ($52.5M), Turkey ($45.5M), and India ($42.9M).

Net Trade (2023)

Country Comparison

Flow
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 (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