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846510 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.07BRnk 2031 / 4644
2023
Top Exporter | Top Importer $498M | $145MGermany | United States
2023
Product Complexity 0.91Rnk 914 / 4656
2022 - 2023
Export Growth (CAGR) 9.23%Rnk 730 / 4644
2023
Share of World Trade 0.0047%Rnk 2031 / 4644

About

Overview This page contains the latest trade data of Multi-purpose machines for wood etc work. In 2023, Multi-purpose machines for wood etc work were the world's 2031st most traded product, with a total trade of $1.07B. Between 2022 and 2023 the exports of Multi-purpose machines for wood etc work grew by 9.23%, from $981M to $1.07B. Trade in Multi-purpose machines for wood etc work represent 0.0047% of total world trade.

Multi-purpose machines for wood etc work are a part of Woodworking machines.

Exports In 2023 the top exporters of Multi-purpose machines for wood etc work  were Germany ($498M), Italy ($169M), China ($68.6M), Austria ($55.8M), and Denmark ($33.8M).

Imports In 2023 the top importers of Multi-purpose machines for wood etc work were United States ($145M), Italy ($61M), France ($56.8M), Germany ($48.3M), and Poland ($47.5M).

Ranking Multi-purpose machines for wood etc work ranks 914th in the Product Complexity Index (PCI).

Description A table saw is used to make cuts, rip cuts, cross cuts, bevels, and miter cuts. A planer is used to make very fine, precise cuts. A drill press is used to drill holes in wood or metal. A jointer is used to flatten wood that has been planed. A thickness planer is used to flatten and plane wood to the same thickness. An edger is used to make square cuts. A miter saw is used to make a 90-degree angle. A router is used to perform a variety of tasks to include

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Multi-purpose machines for wood etc work. 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)Germany$498M
Top Destination (2023)United States$145M

In 2023 Multi-purpose machines for wood etc work were the world's 2031st most traded product (out of 4,644).

In 2023, the top exporters of Multi-purpose machines for wood etc work were Germany ($498M), Italy ($169M), China ($68.6M), Austria ($55.8M), and Denmark ($33.8M).

In 2023, the top importers of Multi-purpose machines for wood etc work were United States ($145M), Italy ($61M), France ($56.8M), Germany ($48.3M), and Poland ($47.5M).

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Exporters of Multi-purpose machines for wood etc work (2023)
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Importers of Multi-purpose machines for wood etc work (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$28.6M
Top Destination Growth (2022 -  2023)Italy$19.7M

Between 2022 and 2023, the exports of Multi-purpose machines for wood etc work grew the fastest in Germany ($28.6M), Italy ($15M), Slovenia ($12.8M), Denmark ($11.6M), and France ($10.8M).

Between 2022 and 2023, the fastest growing importers of Multi-purpose machines for wood etc work were Italy ($19.7M), France ($17.9M), United States ($15.5M), Portugal ($13.6M), and Poland ($10.7M).

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Exporters of Multi-purpose machines for wood etc work (2022 - 2023)

Importers of Multi-purpose machines for wood etc work (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Multi-purpose machines for wood etc work.

In 2023, market concentration measured using Shannon Entropy, was 3.13. This means that most of the exports of Multi-purpose machines for wood etc work are explained by 8 countries.

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Value of Exports in Multi-purpose machines for wood etc work

Net Trade

TOP NET EXPORTER (2023)Germany$449M
TOP NET IMPORTER (2023)United States$131M

This map shows which countries export or import more of Multi-purpose machines for wood etc work. Each country is colored based on the difference in exports and imports of Multi-purpose machines for wood etc work during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Multi-purpose machines for wood etc work were Germany ($449M), Italy ($108M), Denmark ($29.1M), Austria ($28.2M), and Slovenia ($25.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Multi-purpose machines for wood etc work were United States ($131M), France ($40.4M), Canada ($39.2M), Australia ($37.4M), and United Kingdom ($34.5M).

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 Multi-purpose machines for wood etc work.
It is possible to select the main countries that export or import Multi-purpose machines for wood etc work in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Multi-purpose machines for wood etc work 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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