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846221 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.21BRnk 1399 / 4648
2022
Top Exporter | Top Importer $383M | $354MItaly | United States
2022
Product Complexity 1.13Rnk 590 / 4653
2021 - 2022
Export Growth (CAGR) -2.98%Rnk 3373 / 4648
2022
Share of World Trade 0.0093%Rnk 1399 / 4648

About

Overview This page contains the latest trade data of Num controlled machine tools to bend, fold, etc, meta. In 2022, Num controlled machine tools to bend, fold, etc, meta were the world's 1399th most traded product, with a total trade of $2.21B. Between 2021 and 2022 the exports of Num controlled machine tools to bend, fold, etc, meta decreased by -2.98%, from $2.28B to $2.21B. Trade in Num controlled machine tools to bend, fold, etc, meta represent 0.0093% of total world trade.

Num controlled machine tools to bend, fold, etc, meta are a part of Forging Machines.

Exports In 2022 the top exporters of Num controlled machine tools to bend, fold, etc, meta  were Italy ($383M), China ($304M), Austria ($293M), Turkey ($186M), and Germany ($173M).

Imports In 2022 the top importers of Num controlled machine tools to bend, fold, etc, meta were United States ($354M), Germany ($164M), Italy ($132M), Mexico ($121M), and China ($96.1M).

Ranking Num controlled machine tools to bend, fold, etc, meta ranks 590th in the Product Complexity Index (PCI).

Description Numerically controlled machine tools use a computer to process a set of commands that are input by the user. The user can use the machine to bend, fold, and cut metal with precision.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Num controlled machine tools to bend, fold, etc, meta. 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)Italy$383M
Top Destination (2022)United States$354M

In 2022 Num controlled machine tools to bend, fold, etc, meta were the world's 1399th most traded product (out of 4,648).

In 2022, the top exporters of Num controlled machine tools to bend, fold, etc, meta were Italy ($383M), China ($304M), Austria ($293M), Turkey ($186M), and Germany ($173M).

In 2022, the top importers of Num controlled machine tools to bend, fold, etc, meta were United States ($354M), Germany ($164M), Italy ($132M), Mexico ($121M), and China ($96.1M).

Explore Visualizations

Exporters of Num controlled machine tools to bend, fold, etc, meta (2022)
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Importers of Num controlled machine tools to bend, fold, etc, meta (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$78.2M
Top Destination Growth (2021 -  2022)Mexico$47.5M

Between 2021 and 2022, the exports of Num controlled machine tools to bend, fold, etc, meta grew the fastest in China ($78.2M), United Kingdom ($61.6M), United States ($43.2M), Turkey ($32.8M), and Belgium ($19.2M).

Between 2021 and 2022, the fastest growing importers of Num controlled machine tools to bend, fold, etc, meta were Mexico ($47.5M), Italy ($38.4M), United States ($24.6M), Turkey ($12.8M), and Brazil ($11M).

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Exporters of Num controlled machine tools to bend, fold, etc, meta (2021 - 2022)

Importers of Num controlled machine tools to bend, fold, etc, meta (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Num controlled machine tools to bend, fold, etc, meta.

In 2022, market concentration measured using Shannon Entropy, was 4.03. This means that most of the exports of Num controlled machine tools to bend, fold, etc, meta are explained by 16 countries.

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Value of Exports in Num controlled machine tools to bend, fold, etc, meta

Net Trade

TOP NET EXPORTER (2022)Austria$272M
TOP NET IMPORTER (2022)United States$245M

This map shows which countries export or import more of Num controlled machine tools to bend, fold, etc, meta. Each country is colored based on the difference in exports and imports of Num controlled machine tools to bend, fold, etc, meta during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Num controlled machine tools to bend, fold, etc, meta were Austria ($272M), Italy ($251M), China ($208M), Turkey ($146M), and Japan ($95.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Num controlled machine tools to bend, fold, etc, meta were United States ($245M), Mexico ($118M), Russia ($81.1M), Poland ($72.2M), and Australia ($54.1M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Num controlled machine tools to bend, fold, etc, meta.
It is possible to select the main countries that export or import Num controlled machine tools to bend, fold, etc, meta in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Num controlled machine tools to bend, fold, etc, meta 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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