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Machine-tools; shearing machines (excluding presses) for flat products, numerically controlled, other than combined punching and shearing machines, for working metal

846233 (Harmonized System 2022 for 6-digit)

2023
World Trade $156MRnk 4346 / 5606
2023
Top Exporter | Top Importer $51.3M | $16.5MChina | China
2023
Product Complexity 0.39Rnk 2239 / 5606
2022 - 2023
Export Growth (CAGR) 17.2%Rnk 607 / 5606
2023
Share of World Trade 0.00069%Rnk 4346 / 5606

About

Overview This page contains the latest trade data of NC metal shearing machines. In 2023, NC metal shearing machines were the world's 4346th most traded product, with a total trade of $156M. Between 2022 and 2023 the exports of NC metal shearing machines grew by 17.2%, from $133M to $156M. Trade in NC metal shearing machines represent 0.00069% of total world trade.

NC metal shearing machines are a part of Forging Machines.

Exports In 2023 the top exporters of NC metal shearing machines  were China ($51.3M), Turkey ($23.9M), Germany ($16.9M), South Korea ($10.7M), and Italy ($10.6M).

Imports In 2023 the top importers of NC metal shearing machines were China ($16.5M), United States ($11.5M), Germany ($7.79M), Mexico ($6.17M), and Vietnam ($6.11M).

Ranking NC metal shearing machines ranks 2239th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on NC metal shearing 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

Year
Top Origin (2023)China$51.3M
Top Destination (2023)China$16.5M

In 2023 NC metal shearing machines were the world's 4346th most traded product (out of 5,606).

In 2023, the top exporters of NC metal shearing machines were China ($51.3M), Turkey ($23.9M), Germany ($16.9M), South Korea ($10.7M), and Italy ($10.6M).

In 2023, the top importers of NC metal shearing machines were China ($16.5M), United States ($11.5M), Germany ($7.79M), Mexico ($6.17M), and Vietnam ($6.11M).

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Exporters of NC metal shearing machines (2023)
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Importers of NC metal shearing machines (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)South Korea$8.15M
Top Destination Growth (2022 -  2023)China$5.33M

Between 2022 and 2023, the exports of NC metal shearing machines grew the fastest in South Korea ($8.15M), China ($6.48M), Germany ($5.98M), United States ($4.64M), and Portugal ($1.43M).

Between 2022 and 2023, the fastest growing importers of NC metal shearing machines were China ($5.33M), Switzerland ($3.83M), Spain ($3.59M), Mexico ($3.11M), and Czechia ($2.14M).

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Exporters of NC metal shearing machines (2022 - 2023)

Importers of NC metal shearing machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of NC metal shearing machines.

In 2023, market concentration measured using Shannon Entropy, was 3.42. This means that most of the exports of NC metal shearing machines are explained by 10 countries.

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Value of Exports in NC metal shearing machines

Net Trade

Year
TOP NET EXPORTER (2023)China$34.8M
TOP NET IMPORTER (2023)Mexico$6.16M

This map shows which countries export or import more of NC metal shearing machines. Each country is colored based on the difference in exports and imports of NC metal shearing machines during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of NC metal shearing machines were China ($34.8M), Turkey ($22.6M), Germany ($9.08M), South Korea ($8.9M), and Italy ($4.94M).

In 2023, the countries that had a largest trade value in imports than in exports of NC metal shearing machines were Mexico ($6.16M), Vietnam ($6.08M), Australia ($5.67M), Canada ($5.65M), and Spain ($4.59M).

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 NC metal shearing machines.
It is possible to select the main countries that export or import NC metal shearing machines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of NC metal shearing machines by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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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