NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

846693 (Harmonized System 1992 for 6-digit)

2023
World Trade $7.42BRnk 510 / 4644
2023
Top Exporter | Top Importer $1.48B | $906MGermany | United States
2023
Product Complexity 1.47Rnk 198 / 4656
2022 - 2023
Export Growth (CAGR) 0.66%Rnk 1478 / 4644
2023
Share of World Trade 0.033%Rnk 510 / 4644

About

Overview This page contains the latest trade data of Parts, accessories nes, metal cutting machine tools. In 2023, Parts, accessories nes, metal cutting machine tools were the world's 510th most traded product, with a total trade of $7.42B. Between 2022 and 2023 the exports of Parts, accessories nes, metal cutting machine tools grew by 0.66%, from $7.37B to $7.42B. Trade in Parts, accessories nes, metal cutting machine tools represent 0.033% of total world trade.

Parts, accessories nes, metal cutting machine tools are a part of Metalworking Machine Parts.

Exports In 2023 the top exporters of Parts, accessories nes, metal cutting machine tools  were Germany ($1.48B), China ($906M), United States ($757M), Japan ($696M), and Chinese Taipei ($635M).

Imports In 2023 the top importers of Parts, accessories nes, metal cutting machine tools were United States ($906M), Germany ($748M), China ($741M), Japan ($495M), and Switzerland ($378M).

Ranking Parts, accessories nes, metal cutting machine tools ranks 198th in the Product Complexity Index (PCI).

Description Parts, accessories, and metal cutting machine tools are used in the manufacture of products. Parts are materials used in the construction of items, accessories are the items that help in the construction of a product, and metal cutting machine tools are the tools used to shape metal.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Parts, accessories nes, metal cutting machine tools. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)Germany$1.48B
Top Destination (2023)United States$906M

In 2023 Parts, accessories nes, metal cutting machine tools were the world's 510th most traded product (out of 4,644).

In 2023, the top exporters of Parts, accessories nes, metal cutting machine tools were Germany ($1.48B), China ($906M), United States ($757M), Japan ($696M), and Chinese Taipei ($635M).

In 2023, the top importers of Parts, accessories nes, metal cutting machine tools were United States ($906M), Germany ($748M), China ($741M), Japan ($495M), and Switzerland ($378M).

Explore Visualizations

Exporters of Parts, accessories nes, metal cutting machine tools (2023)
[Click to Select a Country]

Importers of Parts, accessories nes, metal cutting machine tools (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$84.1M
Top Destination Growth (2022 -  2023)Kyrgyzstan$116M

Between 2022 and 2023, the exports of Parts, accessories nes, metal cutting machine tools grew the fastest in United States ($84.1M), Germany ($76M), Italy ($59.6M), China ($27M), and Spain ($20.3M).

Between 2022 and 2023, the fastest growing importers of Parts, accessories nes, metal cutting machine tools were Kyrgyzstan ($116M), Canada ($88.3M), India ($37.4M), Mexico ($30.9M), and Russia ($24.9M).

Explore Visualizations

Exporters of Parts, accessories nes, metal cutting machine tools (2022 - 2023)

Importers of Parts, accessories nes, metal cutting machine tools (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts, accessories nes, metal cutting machine tools.

In 2023, market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Parts, accessories nes, metal cutting machine tools are explained by 17 countries.

Explore Visualizations

Value of Exports in Parts, accessories nes, metal cutting machine tools

Net Trade

TOP NET EXPORTER (2023)Germany$733M
TOP NET IMPORTER (2023)Canada$268M

This map shows which countries export or import more of Parts, accessories nes, metal cutting machine tools. Each country is colored based on the difference in exports and imports of Parts, accessories nes, metal cutting machine tools during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts, accessories nes, metal cutting machine tools were Germany ($733M), Chinese Taipei ($559M), Italy ($236M), Japan ($201M), and China ($165M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts, accessories nes, metal cutting machine tools were Canada ($268M), Mexico ($218M), France ($174M), India ($171M), and United States ($148M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Parts, accessories nes, metal cutting machine tools.
It is possible to select the main countries that export or import Parts, accessories nes, metal cutting machine tools in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts, accessories nes, metal cutting machine tools 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms