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

846229 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.16BRnk 1953 / 4644
2023
Top Exporter | Top Importer $297M | $244MChina | United States
2023
Product Complexity 1.24Rnk 418 / 4656
2022 - 2023
Export Growth (CAGR) -5.42%Rnk 2151 / 4644
2023
Share of World Trade 0.0051%Rnk 1953 / 4644

About

Overview This page contains the latest trade data of Machine tools to bend, fold, shear or press metal, ne. In 2023, Machine tools to bend, fold, shear or press metal, ne were the world's 1953rd most traded product, with a total trade of $1.16B. Between 2022 and 2023 the exports of Machine tools to bend, fold, shear or press metal, ne decreased by -5.42%, from $1.22B to $1.16B. Trade in Machine tools to bend, fold, shear or press metal, ne represent 0.0051% of total world trade.

Machine tools to bend, fold, shear or press metal, ne are a part of Forging Machines.

Exports In 2023 the top exporters of Machine tools to bend, fold, shear or press metal, ne  were China ($297M), Italy ($127M), United States ($105M), Germany ($95.4M), and Turkey ($60.1M).

Imports In 2023 the top importers of Machine tools to bend, fold, shear or press metal, ne were United States ($244M), Mexico ($66.9M), India ($58.7M), Canada ($47.9M), and Russia ($37.9M).

Ranking Machine tools to bend, fold, shear or press metal, ne ranks 418th in the Product Complexity Index (PCI).

Description Machine tools are used to bend, fold, shear, or press metal. This is done by using a punch and die, where the punch is stationary and the die is the movable piece of machinery. The piece of metal is inserted in between the two, and the die is then raised to punch the metal.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Machine tools to bend, fold, shear or press metal, ne. 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$297M
Top Destination (2023)United States$244M

In 2023 Machine tools to bend, fold, shear or press metal, ne were the world's 1953rd most traded product (out of 4,644).

In 2023, the top exporters of Machine tools to bend, fold, shear or press metal, ne were China ($297M), Italy ($127M), United States ($105M), Germany ($95.4M), and Turkey ($60.1M).

In 2023, the top importers of Machine tools to bend, fold, shear or press metal, ne were United States ($244M), Mexico ($66.9M), India ($58.7M), Canada ($47.9M), and Russia ($37.9M).

Explore Visualizations

Exporters of Machine tools to bend, fold, shear or press metal, ne (2023)
[Click to Select a Country]

Importers of Machine tools to bend, fold, shear or press metal, ne (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Austria$29.2M
Top Destination Growth (2022 -  2023)United States$15.6M

Between 2022 and 2023, the exports of Machine tools to bend, fold, shear or press metal, ne grew the fastest in Austria ($29.2M), Germany ($23.8M), Australia ($13.2M), Spain ($8.97M), and Portugal ($6.96M).

Between 2022 and 2023, the fastest growing importers of Machine tools to bend, fold, shear or press metal, ne were United States ($15.6M), Poland ($12.1M), Thailand ($10.2M), Brazil ($7.84M), and Singapore ($7.37M).

Explore Visualizations

Exporters of Machine tools to bend, fold, shear or press metal, ne (2022 - 2023)

Importers of Machine tools to bend, fold, shear or press metal, ne (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machine tools to bend, fold, shear or press metal, ne.

In 2023, market concentration measured using Shannon Entropy, was 4.13. This means that most of the exports of Machine tools to bend, fold, shear or press metal, ne are explained by 17 countries.

Explore Visualizations

Value of Exports in Machine tools to bend, fold, shear or press metal, ne

Net Trade

TOP NET EXPORTER (2023)China$263M
TOP NET IMPORTER (2023)United States$139M

This map shows which countries export or import more of Machine tools to bend, fold, shear or press metal, ne. Each country is colored based on the difference in exports and imports of Machine tools to bend, fold, shear or press metal, ne during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machine tools to bend, fold, shear or press metal, ne were China ($263M), Italy ($108M), Germany ($61M), South Korea ($45.9M), and Turkey ($45.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Machine tools to bend, fold, shear or press metal, ne were United States ($139M), Mexico ($61.4M), India ($51.5M), Russia ($36.3M), and Poland ($25.8M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Machine tools to bend, fold, shear or press metal, ne.
It is possible to select the main countries that export or import Machine tools to bend, fold, shear or press metal, ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machine tools to bend, fold, shear or press metal, ne 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