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845951 (Harmonized System 1992 for 6-digit)

2022
World Trade $53.8MRnk 4335 / 4648
2022
Top Exporter | Top Importer $16.6M | $8.54MSwitzerland | United States
2022
Product Complexity 1.71Rnk 94 / 4653
2021 - 2022
Export Growth (CAGR) -20.8%Rnk 4346 / 4648
2022
Share of World Trade 0.00023%Rnk 4335 / 4648

About

Overview This page contains the latest trade data of Milling machines, knee-type num controlled for metal. In 2022, Milling machines, knee-type num controlled for metal were the world's 4335th most traded product, with a total trade of $53.8M. Between 2021 and 2022 the exports of Milling machines, knee-type num controlled for metal decreased by -20.8%, from $67.8M to $53.8M. Trade in Milling machines, knee-type num controlled for metal represent 0.00023% of total world trade.

Milling machines, knee-type num controlled for metal are a part of Drilling Machines.

Exports In 2022 the top exporters of Milling machines, knee-type num controlled for metal  were Switzerland ($16.6M), China ($8.51M), Chinese Taipei ($4.94M), Spain ($4.67M), and United States ($2.78M).

Imports In 2022 the top importers of Milling machines, knee-type num controlled for metal were United States ($8.54M), France ($7.02M), India ($4.87M), Germany ($3.38M), and Italy ($2.76M).

Ranking Milling machines, knee-type num controlled for metal ranks 94th in the Product Complexity Index (PCI).

Description A milling machine is a machine tool that cuts flat surfaces on the workpiece by means of a cutter. A knee-type milling machine is a machine with a worktable that swings up and down, controlled by a num or knee-lever on the front of the machine.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Milling machines, knee-type num controlled for metal. 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)Switzerland$16.6M
Top Destination (2022)United States$8.54M

In 2022 Milling machines, knee-type num controlled for metal were the world's 4335th most traded product (out of 4,648).

In 2022, the top exporters of Milling machines, knee-type num controlled for metal were Switzerland ($16.6M), China ($8.51M), Chinese Taipei ($4.94M), Spain ($4.67M), and United States ($2.78M).

In 2022, the top importers of Milling machines, knee-type num controlled for metal were United States ($8.54M), France ($7.02M), India ($4.87M), Germany ($3.38M), and Italy ($2.76M).

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Exporters of Milling machines, knee-type num controlled for metal (2022)
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Importers of Milling machines, knee-type num controlled for metal (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Spain$1.98M
Top Destination Growth (2021 -  2022)United States$5.07M

Between 2021 and 2022, the exports of Milling machines, knee-type num controlled for metal grew the fastest in Spain ($1.98M), China ($1.39M), Netherlands ($975k), Italy ($698k), and Belgium ($528k).

Between 2021 and 2022, the fastest growing importers of Milling machines, knee-type num controlled for metal were United States ($5.07M), India ($1.65M), France ($1.62M), Vietnam ($1.4M), and Estonia ($1.31M).

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Exporters of Milling machines, knee-type num controlled for metal (2021 - 2022)

Importers of Milling machines, knee-type num controlled for metal (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Milling machines, knee-type num controlled for metal.

In 2022, market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Milling machines, knee-type num controlled for metal are explained by 11 countries.

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Value of Exports in Milling machines, knee-type num controlled for metal

Net Trade

TOP NET EXPORTER (2022)Switzerland$16.6M
TOP NET IMPORTER (2022)France$5.83M

This map shows which countries export or import more of Milling machines, knee-type num controlled for metal. Each country is colored based on the difference in exports and imports of Milling machines, knee-type num controlled for metal during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Milling machines, knee-type num controlled for metal were Switzerland ($16.6M), China ($8.04M), Chinese Taipei ($4.88M), Spain ($3.94M), and Czechia ($1.31M).

In 2022, the countries that had a largest trade value in imports than in exports of Milling machines, knee-type num controlled for metal were France ($5.83M), United States ($5.76M), India ($4.64M), Australia ($1.84M), and Slovakia ($1.46M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Milling machines, knee-type num controlled for metal.
It is possible to select the main countries that export or import Milling machines, knee-type num controlled for metal in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Milling machines, knee-type num controlled for metal 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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