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846592 (Harmonized System 1992 for 6-digit)

2022
World Trade $996MRnk 2210 / 4648
2022
Top Exporter | Top Importer $305M | $212MChina | United States
2022
Product Complexity 1.12Rnk 599 / 4653
2021 - 2022
Export Growth (CAGR) 0.068%Rnk 2940 / 4648
2022
Share of World Trade 0.0042%Rnk 2210 / 4648

About

Overview This page contains the latest trade data of Planing and milling machines for wood, cork, etc. In 2022, Planing and milling machines for wood, cork, etc were the world's 2210th most traded product, with a total trade of $996M. Between 2021 and 2022 the exports of Planing and milling machines for wood, cork, etc grew by 0.068%, from $995M to $996M. Trade in Planing and milling machines for wood, cork, etc represent 0.0042% of total world trade.

Planing and milling machines for wood, cork, etc are a part of Woodworking machines.

Exports In 2022 the top exporters of Planing and milling machines for wood, cork, etc  were China ($305M), Germany ($185M), Chinese Taipei ($148M), Italy ($63.5M), and Austria ($45.5M).

Imports In 2022 the top importers of Planing and milling machines for wood, cork, etc were United States ($212M), Germany ($69.3M), Canada ($47.2M), Vietnam ($42.4M), and Austria ($41.4M).

Ranking Planing and milling machines for wood, cork, etc ranks 599th in the Product Complexity Index (PCI).

Description A planing machine is used to remove an even layer from a board. A milling machine is used to cut a board into a desired shape.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Planing and milling machines for wood, cork, etc. 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)China$305M
Top Destination (2022)United States$212M

In 2022 Planing and milling machines for wood, cork, etc were the world's 2210th most traded product (out of 4,648).

In 2022, the top exporters of Planing and milling machines for wood, cork, etc were China ($305M), Germany ($185M), Chinese Taipei ($148M), Italy ($63.5M), and Austria ($45.5M).

In 2022, the top importers of Planing and milling machines for wood, cork, etc were United States ($212M), Germany ($69.3M), Canada ($47.2M), Vietnam ($42.4M), and Austria ($41.4M).

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Exporters of Planing and milling machines for wood, cork, etc (2022)
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Importers of Planing and milling machines for wood, cork, etc (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$17M
Top Destination Growth (2021 -  2022)United States$16.8M

Between 2021 and 2022, the exports of Planing and milling machines for wood, cork, etc grew the fastest in China ($17M), Turkey ($7.75M), Poland ($4.5M), Singapore ($3.04M), and Canada ($3.03M).

Between 2021 and 2022, the fastest growing importers of Planing and milling machines for wood, cork, etc were United States ($16.8M), Mexico ($5.2M), Argentina ($4.83M), Italy ($4.83M), and Spain ($4.28M).

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Exporters of Planing and milling machines for wood, cork, etc (2021 - 2022)

Importers of Planing and milling machines for wood, cork, etc (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Planing and milling machines for wood, cork, etc.

In 2022, market concentration measured using Shannon Entropy, was 3.43. This means that most of the exports of Planing and milling machines for wood, cork, etc are explained by 10 countries.

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Value of Exports in Planing and milling machines for wood, cork, etc

Net Trade

TOP NET EXPORTER (2022)China$286M
TOP NET IMPORTER (2022)United States$182M

This map shows which countries export or import more of Planing and milling machines for wood, cork, etc. Each country is colored based on the difference in exports and imports of Planing and milling machines for wood, cork, etc during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Planing and milling machines for wood, cork, etc were China ($286M), Chinese Taipei ($145M), Germany ($116M), Italy ($41.8M), and Slovenia ($17.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Planing and milling machines for wood, cork, etc were United States ($182M), Vietnam ($41M), Russia ($39M), United Kingdom ($27.9M), and France ($25.6M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Planing and milling machines for wood, cork, etc.
It is possible to select the main countries that export or import Planing and milling machines for wood, cork, etc in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Planing and milling machines for wood, cork, etc 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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