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846299 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.75BRnk 945 / 4644
2023
Top Exporter | Top Importer $619M | $530MChina | United States
2023
Product Complexity 1.32Rnk 312 / 4656
2022 - 2023
Export Growth (CAGR) 20.6%Rnk 279 / 4644
2023
Share of World Trade 0.017%Rnk 945 / 4644

About

Overview This page contains the latest trade data of Metal shaping presses, nes. In 2023, Metal shaping presses, nes were the world's 945th most traded product, with a total trade of $3.75B. Between 2022 and 2023 the exports of Metal shaping presses, nes grew by 20.6%, from $3.11B to $3.75B. Trade in Metal shaping presses, nes represent 0.017% of total world trade.

Metal shaping presses, nes are a part of Forging Machines.

Exports In 2023 the top exporters of Metal shaping presses, nes  were China ($619M), Germany ($501M), Japan ($497M), South Korea ($444M), and Italy ($354M).

Imports In 2023 the top importers of Metal shaping presses, nes were United States ($530M), China ($347M), Mexico ($243M), Indonesia ($197M), and India ($180M).

Ranking Metal shaping presses, nes ranks 312th in the Product Complexity Index (PCI).

Description Metal shaping presses are used to shape metal. A metal shaping press may be used in the automobile industry, for example, to shape the metal of a car.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Metal shaping presses, nes. 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)China$619M
Top Destination (2023)United States$530M

In 2023 Metal shaping presses, nes were the world's 945th most traded product (out of 4,644).

In 2023, the top exporters of Metal shaping presses, nes were China ($619M), Germany ($501M), Japan ($497M), South Korea ($444M), and Italy ($354M).

In 2023, the top importers of Metal shaping presses, nes were United States ($530M), China ($347M), Mexico ($243M), Indonesia ($197M), and India ($180M).

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Exporters of Metal shaping presses, nes (2023)
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Importers of Metal shaping presses, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$202M
Top Destination Growth (2022 -  2023)United States$202M

Between 2022 and 2023, the exports of Metal shaping presses, nes grew the fastest in South Korea ($202M), Italy ($79.1M), China ($70.9M), Germany ($63.2M), and United States ($60M).

Between 2022 and 2023, the fastest growing importers of Metal shaping presses, nes were United States ($202M), Indonesia ($137M), Mexico ($87.6M), India ($76.1M), and Hungary ($48.6M).

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Exporters of Metal shaping presses, nes (2022 - 2023)

Importers of Metal shaping presses, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Metal shaping presses, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Metal shaping presses, nes are explained by 15 countries.

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Value of Exports in Metal shaping presses, nes

Net Trade

TOP NET EXPORTER (2023)Japan$420M
TOP NET IMPORTER (2023)United States$366M

This map shows which countries export or import more of Metal shaping presses, nes. Each country is colored based on the difference in exports and imports of Metal shaping presses, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Metal shaping presses, nes were Japan ($420M), South Korea ($379M), Germany ($331M), China ($271M), and Italy ($267M).

In 2023, the countries that had a largest trade value in imports than in exports of Metal shaping presses, nes were United States ($366M), Mexico ($241M), Indonesia ($191M), India ($156M), and Poland ($125M).

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 Metal shaping presses, nes.
It is possible to select the main countries that export or import Metal shaping presses, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Metal shaping presses, nes 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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