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846221 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.63BRnk 1195 / 4644
2023
Top Exporter | Top Importer $544M | $420MItaly | United States
2023
Product Complexity 1.18Rnk 505 / 4656
2022 - 2023
Export Growth (CAGR) 30.8%Rnk 150 / 4644
2023
Share of World Trade 0.012%Rnk 1195 / 4644

About

Overview This page contains the latest trade data of Num controlled machine tools to bend, fold, etc, meta. In 2023, Num controlled machine tools to bend, fold, etc, meta were the world's 1195th most traded product, with a total trade of $2.63B. Between 2022 and 2023 the exports of Num controlled machine tools to bend, fold, etc, meta grew by 30.8%, from $2.01B to $2.63B. Trade in Num controlled machine tools to bend, fold, etc, meta represent 0.012% of total world trade.

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

Exports In 2023 the top exporters of Num controlled machine tools to bend, fold, etc, meta  were Italy ($544M), China ($409M), Austria ($350M), Germany ($229M), and Turkey ($213M).

Imports In 2023 the top importers of Num controlled machine tools to bend, fold, etc, meta were United States ($420M), Germany ($153M), Mexico ($123M), Italy ($115M), and Canada ($106M).

Ranking Num controlled machine tools to bend, fold, etc, meta ranks 505th 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 (2023)Italy$544M
Top Destination (2023)United States$420M

In 2023 Num controlled machine tools to bend, fold, etc, meta were the world's 1195th most traded product (out of 4,644).

In 2023, the top exporters of Num controlled machine tools to bend, fold, etc, meta were Italy ($544M), China ($409M), Austria ($350M), Germany ($229M), and Turkey ($213M).

In 2023, the top importers of Num controlled machine tools to bend, fold, etc, meta were United States ($420M), Germany ($153M), Mexico ($123M), Italy ($115M), and Canada ($106M).

Explore Visualizations

Exporters of Num controlled machine tools to bend, fold, etc, meta (2023)
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Importers of Num controlled machine tools to bend, fold, etc, meta (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$231M
Top Destination Growth (2022 -  2023)United States$121M

Between 2022 and 2023, the exports of Num controlled machine tools to bend, fold, etc, meta grew the fastest in Italy ($231M), China ($109M), Austria ($97.1M), United States ($35.3M), and Turkey ($27.1M).

Between 2022 and 2023, the fastest growing importers of Num controlled machine tools to bend, fold, etc, meta were United States ($121M), Mexico ($65.5M), Canada ($37.8M), Turkey ($34.4M), and Netherlands ($32.7M).

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Exporters of Num controlled machine tools to bend, fold, etc, meta (2022 - 2023)

Importers of Num controlled machine tools to bend, fold, etc, meta (2022 - 2023)

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 2023, market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Num controlled machine tools to bend, fold, etc, meta are explained by 14 countries.

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

Net Trade

TOP NET EXPORTER (2023)Italy$428M
TOP NET IMPORTER (2023)United States$337M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Num controlled machine tools to bend, fold, etc, meta were Italy ($428M), Austria ($316M), China ($310M), Turkey ($138M), and Japan ($79.1M).

In 2023, 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 ($337M), Mexico ($118M), Russia ($101M), Canada ($95.7M), and Poland ($71.2M).

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 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 (2023)

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