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846520 (Harmonized System 2017 for 6-digit)

2023
World Trade $765MRnk 2584 / 5380
2023
Top Exporter | Top Importer $261M | $82.3MItaly | United States
2023
Product Complexity 0.6Rnk 1707 / 5381
2022 - 2023
Export Growth (CAGR) 32.9%Rnk 183 / 5380
2023
Share of World Trade 0.0034%Rnk 2584 / 5380

About

Overview This page contains the latest trade data of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres. In 2023, Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were the world's 2584th most traded product, with a total trade of $765M. Between 2022 and 2023 the exports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres grew by 32.9%, from $576M to $765M. Trade in Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres represent 0.0034% of total world trade.

Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres are a part of Machine-tools; (including machines for nailing, stapling, glueing or otherwise assembling) for working....

Exports In 2023 the top exporters of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres  were Italy ($261M), Germany ($226M), Austria ($52.8M), China ($47.6M), and India ($27.5M).

Imports In 2023 the top importers of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were United States ($82.3M), France ($73.5M), Germany ($55.4M), United Kingdom ($31.3M), and Italy ($30.5M).

Ranking Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres ranks 1707th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres. 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)Italy$261M
Top Destination (2023)United States$82.3M

In 2023 Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were the world's 2584th most traded product (out of 5,380).

In 2023, the top exporters of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were Italy ($261M), Germany ($226M), Austria ($52.8M), China ($47.6M), and India ($27.5M).

In 2023, the top importers of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were United States ($82.3M), France ($73.5M), Germany ($55.4M), United Kingdom ($31.3M), and Italy ($30.5M).

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Exporters of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres (2023)
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Importers of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$140M
Top Destination Growth (2022 -  2023)France$38M

Between 2022 and 2023, the exports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres grew the fastest in Italy ($140M), Poland ($13.2M), Germany ($10.9M), Japan ($10.6M), and Turkey ($6.22M).

Between 2022 and 2023, the fastest growing importers of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were France ($38M), United States ($19M), Germany ($18.4M), Italy ($15.2M), and Switzerland ($11.9M).

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Exporters of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres (2022 - 2023)

Importers of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres.

In 2023, market concentration measured using Shannon Entropy, was 3.04. This means that most of the exports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres are explained by 8 countries.

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Value of Exports in Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres

Net Trade

TOP NET EXPORTER (2023)Italy$231M
TOP NET IMPORTER (2023)France$70.1M

This map shows which countries export or import more of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres. Each country is colored based on the difference in exports and imports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were Italy ($231M), Germany ($170M), China ($33.3M), Austria ($28.9M), and India ($21.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were France ($70.1M), United States ($68.3M), Belgium ($26.9M), United Kingdom ($23.9M), and Netherlands ($22.5M).

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 Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres.
It is possible to select the main countries that export or import Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres 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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