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846024 (Harmonized System 2017 for 6-digit)

2022
World Trade $716MRnk 2734 / 5380
2022
Top Exporter | Top Importer $197M | $222MGermany | China
2022
Product Complexity 2.02Rnk 15 / 5381
2021 - 2022
Export Growth (CAGR) 12.2%Rnk 1712 / 5380
2022
Share of World Trade 0.003%Rnk 2734 / 5380

About

Overview This page contains the latest trade data of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled. In 2022, Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled were the world's 2734th most traded product, with a total trade of $716M. Between 2021 and 2022 the exports of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled grew by 12.2%, from $638M to $716M. Trade in Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled represent 0.003% of total world trade.

Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled are a part of Machine-tools; for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal,....

Exports In 2022 the top exporters of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled  were Germany ($197M), Japan ($170M), Czechia ($82M), Switzerland ($78.2M), and Chinese Taipei ($44.9M).

Imports In 2022 the top importers of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled were China ($222M), United States ($82M), India ($53.6M), Germany ($35.4M), and South Korea ($31.1M).

Ranking Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled ranks 15th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled. 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.

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Historical Data

Exporters and Importers

Top Origin (2022)Germany$197M
Top Destination (2022)China$222M

In 2022 Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled were the world's 2734th most traded product (out of 5,380).

In 2022, the top exporters of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled were Germany ($197M), Japan ($170M), Czechia ($82M), Switzerland ($78.2M), and Chinese Taipei ($44.9M).

In 2022, the top importers of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled were China ($222M), United States ($82M), India ($53.6M), Germany ($35.4M), and South Korea ($31.1M).

Explore Visualizations

Exporters of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled (2022)
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Importers of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Japan$27M
Top Destination Growth (2021 -  2022)United States$35.5M

Between 2021 and 2022, the exports of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled grew the fastest in Japan ($27M), Chinese Taipei ($19.6M), South Korea ($8.41M), China ($8.04M), and Italy ($8.03M).

Between 2021 and 2022, the fastest growing importers of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled were United States ($35.5M), India ($28.6M), Italy ($14.7M), Turkey ($10M), and Czechia ($9.26M).

Explore Visualizations

Exporters of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled (2021 - 2022)

Importers of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled.

In 2022, market concentration measured using Shannon Entropy, was 3.18. This means that most of the exports of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled are explained by 9 countries.

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Value of Exports in Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled

Net Trade

TOP NET EXPORTER (2022)Germany$162M
TOP NET IMPORTER (2022)China$195M

This map shows which countries export or import more of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled. Each country is colored based on the difference in exports and imports of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled were Germany ($162M), Japan ($154M), Czechia ($68.9M), Switzerland ($68.4M), and Chinese Taipei ($28.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled were China ($195M), United States ($65.5M), India ($53.5M), Turkey ($20.9M), and South Korea ($17.8M).

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 Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled.
It is possible to select the main countries that export or import Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machine-tools; grinding machines (excluding flat-surface, cylindrical and centreless), numerically controlled 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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