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846210 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.03BRnk 2161 / 4648
2022
Top Exporter | Top Importer $165M | $171MChinese Taipei | China
2022
Product Complexity 1.11Rnk 632 / 4653
2021 - 2022
Export Growth (CAGR) -42%Rnk 4513 / 4648
2022
Share of World Trade 0.0044%Rnk 2161 / 4648

About

Overview This page contains the latest trade data of Machine tools to forge, stamp, hammer or press metals. In 2022, Machine tools to forge, stamp, hammer or press metals were the world's 2161st most traded product, with a total trade of $1.03B. Between 2021 and 2022 the exports of Machine tools to forge, stamp, hammer or press metals decreased by -42%, from $1.78B to $1.03B. Trade in Machine tools to forge, stamp, hammer or press metals represent 0.0044% of total world trade.

Machine tools to forge, stamp, hammer or press metals are a part of Forging Machines.

Exports In 2022 the top exporters of Machine tools to forge, stamp, hammer or press metals  were Chinese Taipei ($165M), China ($132M), United States ($131M), Japan ($115M), and Germany ($90.6M).

Imports In 2022 the top importers of Machine tools to forge, stamp, hammer or press metals were China ($171M), United States ($120M), Turkey ($57.9M), Mexico ($57.3M), and Vietnam ($49.4M).

Ranking Machine tools to forge, stamp, hammer or press metals ranks 632nd in the Product Complexity Index (PCI).

Description Machine tools are used to forge, stamp, hammer or press metals to form shapes. Stamping is the process of cutting or punching out metal pieces, and forging is the process of heating and shaping the metal.

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Machine tools to forge, stamp, hammer or press metals. 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$165M
Top Destination (2022)China$171M

In 2022 Machine tools to forge, stamp, hammer or press metals were the world's 2161st most traded product (out of 4,648).

In 2022, the top exporters of Machine tools to forge, stamp, hammer or press metals were Chinese Taipei ($165M), China ($132M), United States ($131M), Japan ($115M), and Germany ($90.6M).

In 2022, the top importers of Machine tools to forge, stamp, hammer or press metals were China ($171M), United States ($120M), Turkey ($57.9M), Mexico ($57.3M), and Vietnam ($49.4M).

Explore Visualizations

Exporters of Machine tools to forge, stamp, hammer or press metals (2022)
[Click to Select a Country]

Importers of Machine tools to forge, stamp, hammer or press metals (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Turkey$19M
Top Destination Growth (2021 -  2022)United Kingdom$17.3M

Between 2021 and 2022, the exports of Machine tools to forge, stamp, hammer or press metals grew the fastest in Turkey ($19M), Switzerland ($4.2M), Austria ($3.47M), India ($2.13M), and Denmark ($2.1M).

Between 2021 and 2022, the fastest growing importers of Machine tools to forge, stamp, hammer or press metals were United Kingdom ($17.3M), Italy ($13.4M), Argentina ($9.28M), Cambodia ($4.02M), and Peru ($3.55M).

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Exporters of Machine tools to forge, stamp, hammer or press metals (2021 - 2022)

Importers of Machine tools to forge, stamp, hammer or press metals (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machine tools to forge, stamp, hammer or press metals.

In 2022, market concentration measured using Shannon Entropy, was 4.03. This means that most of the exports of Machine tools to forge, stamp, hammer or press metals are explained by 16 countries.

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Value of Exports in Machine tools to forge, stamp, hammer or press metals

Net Trade

TOP NET EXPORTER (2022)Chinese Taipei$146M
TOP NET IMPORTER (2022)Mexico$56.1M

This map shows which countries export or import more of Machine tools to forge, stamp, hammer or press metals. Each country is colored based on the difference in exports and imports of Machine tools to forge, stamp, hammer or press metals during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machine tools to forge, stamp, hammer or press metals were Chinese Taipei ($146M), Japan ($98.6M), Germany ($66.1M), South Korea ($40.1M), and Italy ($38.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Machine tools to forge, stamp, hammer or press metals were Mexico ($56.1M), Vietnam ($46.3M), India ($41.6M), China ($39.7M), and Turkey ($33.1M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Machine tools to forge, stamp, hammer or press metals 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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