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Machining centres, unit construction machines (single station) and multi-station transfer machines for working metal

8457 (Harmonized System 1992 for 4-digit)

2022
World Trade $9.62BRnk 387 / 1218
2022
Top Exporter | Top Importer $2.84B | $1.85BJapan | China
2022
Product Complexity 2.01Rnk 4 / 1033
2021 - 2022
Export Growth (CAGR) 1.22%Rnk 807 / 1218
2022
Share of World Trade 0.041%Rnk 387 / 1218

About

Overview This page contains the latest trade data of Metalworking Transfer Machines. In 2022, Metalworking Transfer Machines were the world's 387th most traded product, with a total trade of $9.62B. Between 2021 and 2022 the exports of Metalworking Transfer Machines grew by 1.22%, from $9.51B to $9.62B. Trade in Metalworking Transfer Machines represent 0.041% of total world trade.

Metalworking Transfer Machines are a part of Machinery, mechanical appliances, & parts. They include Machining centres, for working metal, Multi-station transfer machines for working metal, and Unit construction machines, metal work.

Exports In 2022 the top exporters of Metalworking Transfer Machines  were Japan ($2.84B), Germany ($1.79B), Chinese Taipei ($1.13B), United States ($647M), and South Korea ($591M).

Imports In 2022 the top importers of Metalworking Transfer Machines were China ($1.85B), United States ($1.5B), Germany ($559M), Italy ($515M), and Turkey ($441M).

Ranking Metalworking Transfer Machines ranks 4th in the Product Complexity Index (PCI).

Description A machining centre is a machine that can be used to cut, shape, and form metal. A unit construction machine is a machine that can be used to make several different products at once. A multi-station transfer machine is a machine that can be used to move parts from one place to another.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Metalworking Transfer 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)Japan$2.84B
Top Destination (2022)China$1.85B

In 2022 Metalworking Transfer Machines were the world's 387th most traded product (out of 1,218).

In 2022, the top exporters of Metalworking Transfer Machines were Japan ($2.84B), Germany ($1.79B), Chinese Taipei ($1.13B), United States ($647M), and South Korea ($591M).

In 2022, the top importers of Metalworking Transfer Machines were China ($1.85B), United States ($1.5B), Germany ($559M), Italy ($515M), and Turkey ($441M).

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Exporters of Metalworking Transfer Machines (2022)
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Importers of Metalworking Transfer Machines (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$194M
Top Destination Growth (2021 -  2022)United States$183M

Between 2021 and 2022, the exports of Metalworking Transfer Machines grew the fastest in China ($194M), Chinese Taipei ($146M), United States ($79.3M), South Korea ($71.4M), and Belgium ($56M).

Between 2021 and 2022, the fastest growing importers of Metalworking Transfer Machines were United States ($183M), Germany ($138M), France ($65M), Italy ($63.3M), and Switzerland ($58.5M).

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Exporters of Metalworking Transfer Machines (2021 - 2022)

Importers of Metalworking Transfer Machines (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Metalworking Transfer Machines.

In 2022, market concentration measured using Shannon Entropy, was 3.43. This means that most of the exports of Metalworking Transfer Machines are explained by 10 countries.

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Value of Exports in Metalworking Transfer Machines

Net Trade

TOP NET EXPORTER (2022)Japan$2.75B
TOP NET IMPORTER (2022)China$1.35B

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

In 2022, the countries that had a largest trade value in exports than in imports of Metalworking Transfer Machines were Japan ($2.75B), Germany ($1.23B), Chinese Taipei ($1.03B), South Korea ($454M), and Switzerland ($199M).

In 2022, the countries that had a largest trade value in imports than in exports of Metalworking Transfer Machines were China ($1.35B), United States ($858M), Turkey ($407M), Mexico ($352M), and India ($344M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Metalworking Transfer Machines, disaggragated by their HS6 level were Machining centres, for working metal ($8.84B), Multi-station transfer machines for working metal ($669M), and Unit construction machines, metal work ($118M)

HS6 Disaggregation for Metalworking Transfer 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 Metalworking Transfer Machines.
It is possible to select the main countries that export or import Metalworking Transfer Machines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Metalworking Transfer Machines by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $12.4M
TOP IMPORT POTENTIALChina+ $4.11M

Metalworking Transfer Machines’s highest export potential is India. With an export gap of $12.4M.  Metalworking Transfer Machines’s highest import potential is China with an import gap of $4.11M.

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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 Metalworking Transfer Machines.

Country by Relatedness

The following visualization shows the relatedness of Metalworking Transfer 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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