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Machine-tools; for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal, sintered metal carbides or cermets by means of grinding stones, abrasives or polishing products

8460 (Harmonized System 1992 for 4-digit)

2022
World Trade $4.09BRnk 599 / 1218
2022
Top Exporter | Top Importer $779M | $836MGermany | China
2022
Product Complexity 1.51Rnk 39 / 1033
2021 - 2022
Export Growth (CAGR) 3.7%Rnk 677 / 1218
2022
Share of World Trade 0.017%Rnk 599 / 1218

About

Overview This page contains the latest trade data of Metal Finishing Machines. In 2022, Metal Finishing Machines were the world's 599th most traded product, with a total trade of $4.09B. Between 2021 and 2022 the exports of Metal Finishing Machines grew by 3.7%, from $3.95B to $4.09B. Trade in Metal Finishing Machines represent 0.017% of total world trade.

Metal Finishing Machines are a part of Machinery, mechanical appliances, & parts. They include Num controlled grinding machines nes, accuracy 0.01mm, Machine tools for finishing metals, nes, Grinding machines nes, accurate to 0.01mm, Honing or lapping machines, Num controlled surface grinders, accurate to 0.01mm, Sharpening (tool, cutter grind) machines, num control, Surface grinding machines accurate to 0.01mm nes, and Sharpening (tool, cutter grind) machines nes.

Exports In 2022 the top exporters of Metal Finishing Machines  were Germany ($779M), Switzerland ($601M), Japan ($534M), China ($398M), and Chinese Taipei ($323M).

Imports In 2022 the top importers of Metal Finishing Machines were China ($836M), United States ($544M), Germany ($295M), India ($218M), and Mexico ($137M).

Ranking Metal Finishing Machines ranks 39th in the Product Complexity Index (PCI).

Description Machine tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or ceramics by means of grinding stones, abrasives or polishing products are used to make other goods. They can be made from a variety of materials, including steel and aluminum.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Metal Finishing Machines. 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)Germany$779M
Top Destination (2022)China$836M

In 2022 Metal Finishing Machines were the world's 599th most traded product (out of 1,218).

In 2022, the top exporters of Metal Finishing Machines were Germany ($779M), Switzerland ($601M), Japan ($534M), China ($398M), and Chinese Taipei ($323M).

In 2022, the top importers of Metal Finishing Machines were China ($836M), United States ($544M), Germany ($295M), India ($218M), and Mexico ($137M).

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Exporters of Metal Finishing Machines (2022)
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Importers of Metal Finishing Machines (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Switzerland$85.4M
Top Destination Growth (2021 -  2022)United States$154M

Between 2021 and 2022, the exports of Metal Finishing Machines grew the fastest in Switzerland ($85.4M), Chinese Taipei ($46.9M), China ($34.3M), United States ($24.8M), and Czechia ($21.8M).

Between 2021 and 2022, the fastest growing importers of Metal Finishing Machines were United States ($154M), India ($57.8M), Turkey ($43.9M), Mexico ($39.6M), and Vietnam ($20.4M).

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Exporters of Metal Finishing Machines (2021 - 2022)

Importers of Metal Finishing Machines (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Metal Finishing Machines.

In 2022, market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Metal Finishing Machines are explained by 14 countries.

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Value of Exports in Metal Finishing Machines

Net Trade

TOP NET EXPORTER (2022)Switzerland$532M
TOP NET IMPORTER (2022)China$438M

This map shows which countries export or import more of Metal Finishing Machines. Each country is colored based on the difference in exports and imports of Metal Finishing Machines during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Metal Finishing Machines were Switzerland ($532M), Germany ($484M), Japan ($434M), Chinese Taipei ($252M), and Czechia ($163M).

In 2022, the countries that had a largest trade value in imports than in exports of Metal Finishing Machines were China ($438M), United States ($366M), India ($189M), Mexico ($134M), and Turkey ($102M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Metal Finishing Machines, disaggragated by their HS6 level were Num controlled grinding machines nes, accuracy... ($1.57B), Machine tools for finishing metals, nes ($940M), Sharpening (tool, cutter grind) machines, num... ($498M), Honing or lapping machines ($319M), and Grinding machines nes, accurate to 0.01mm ($275M)

HS6 Disaggregation for Metal Finishing Machines (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Metal Finishing Machines.
It is possible to select the main countries that export or import Metal Finishing Machines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Metal Finishing Machines by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $5.69M
TOP IMPORT POTENTIALChina+ $4.64M

Metal Finishing Machines’s highest export potential is India. With an export gap of $5.69M.  Metal Finishing Machines’s highest import potential is China with an import gap of $4.64M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Metal Finishing Machines.

Country by Relatedness

The following visualization shows the relatedness of Metal Finishing Machines to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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