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847981 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.35BRnk 1294 / 4644
2023
Top Exporter | Top Importer $541M | $458MChina | China
2023
Product Complexity 1.62Rnk 114 / 4656
2022 - 2023
Export Growth (CAGR) 4.49%Rnk 1081 / 4644
2023
Share of World Trade 0.01%Rnk 1294 / 4644

About

Overview This page contains the latest trade data of Metal treating machines, electric wire coil-winders. In 2023, Metal treating machines, electric wire coil-winders were the world's 1294th most traded product, with a total trade of $2.35B. Between 2022 and 2023 the exports of Metal treating machines, electric wire coil-winders grew by 4.49%, from $2.25B to $2.35B. Trade in Metal treating machines, electric wire coil-winders represent 0.01% of total world trade.

Metal treating machines, electric wire coil-winders are a part of Machinery Having Individual Functions.

Exports In 2023 the top exporters of Metal treating machines, electric wire coil-winders  were China ($541M), Germany ($329M), Italy ($249M), Switzerland ($249M), and Japan ($236M).

Imports In 2023 the top importers of Metal treating machines, electric wire coil-winders were China ($458M), United States ($315M), Mexico ($158M), Germany ($119M), and Vietnam ($94M).

Ranking Metal treating machines, electric wire coil-winders ranks 114th in the Product Complexity Index (PCI).

Description Metal treating machines are used to heat treat metal to specific temperatures and then cool it down. Electric wire coil-winders are used to wind metal wire onto coils.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Metal treating machines, electric wire coil-winders. 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$541M
Top Destination (2023)China$458M

In 2023 Metal treating machines, electric wire coil-winders were the world's 1294th most traded product (out of 4,644).

In 2023, the top exporters of Metal treating machines, electric wire coil-winders were China ($541M), Germany ($329M), Italy ($249M), Switzerland ($249M), and Japan ($236M).

In 2023, the top importers of Metal treating machines, electric wire coil-winders were China ($458M), United States ($315M), Mexico ($158M), Germany ($119M), and Vietnam ($94M).

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Exporters of Metal treating machines, electric wire coil-winders (2023)
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Importers of Metal treating machines, electric wire coil-winders (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$134M
Top Destination Growth (2022 -  2023)United States$98.8M

Between 2022 and 2023, the exports of Metal treating machines, electric wire coil-winders grew the fastest in China ($134M), Japan ($60.2M), Poland ($46.5M), Germany ($25.7M), and Turkey ($11.9M).

Between 2022 and 2023, the fastest growing importers of Metal treating machines, electric wire coil-winders were United States ($98.8M), France ($30.3M), Mexico ($26.3M), Russia ($18.4M), and South Korea ($16.8M).

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Exporters of Metal treating machines, electric wire coil-winders (2022 - 2023)

Importers of Metal treating machines, electric wire coil-winders (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Metal treating machines, electric wire coil-winders.

In 2023, market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Metal treating machines, electric wire coil-winders are explained by 13 countries.

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Value of Exports in Metal treating machines, electric wire coil-winders

Net Trade

TOP NET EXPORTER (2023)Switzerland$223M
TOP NET IMPORTER (2023)United States$237M

This map shows which countries export or import more of Metal treating machines, electric wire coil-winders. Each country is colored based on the difference in exports and imports of Metal treating machines, electric wire coil-winders during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Metal treating machines, electric wire coil-winders were Switzerland ($223M), Italy ($213M), Germany ($210M), Japan ($204M), and South Korea ($117M).

In 2023, the countries that had a largest trade value in imports than in exports of Metal treating machines, electric wire coil-winders were United States ($237M), Mexico ($144M), Vietnam ($92.9M), India ($67.9M), and Turkey ($59.1M).

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 treating machines, electric wire coil-winders.
It is possible to select the main countries that export or import Metal treating machines, electric wire coil-winders in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Metal treating machines, electric wire coil-winders 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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