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Pricing

846249 (Harmonized System 1992 for 6-digit)

2023
World Trade $301MRnk 3335 / 4644
2023
Top Exporter | Top Importer $72.6M | $38.7MChina | United States
2023
Product Complexity 0.9Rnk 935 / 4656
2022 - 2023
Export Growth (CAGR) -8.97%Rnk 2581 / 4644
2023
Share of World Trade 0.0013%Rnk 3335 / 4644

About

Overview This page contains the latest trade data of Punching, notching, punch-shear machine tools, nes. In 2023, Punching, notching, punch-shear machine tools, nes were the world's 3335th most traded product, with a total trade of $301M. Between 2022 and 2023 the exports of Punching, notching, punch-shear machine tools, nes decreased by -8.97%, from $331M to $301M. Trade in Punching, notching, punch-shear machine tools, nes represent 0.0013% of total world trade.

Punching, notching, punch-shear machine tools, nes are a part of Forging Machines.

Exports In 2023 the top exporters of Punching, notching, punch-shear machine tools, nes  were China ($72.6M), Italy ($33.2M), United States ($28.9M), Japan ($24.5M), and Germany ($18.8M).

Imports In 2023 the top importers of Punching, notching, punch-shear machine tools, nes were United States ($38.7M), India ($31.5M), Mexico ($25.5M), China ($19.3M), and Poland ($12.1M).

Ranking Punching, notching, punch-shear machine tools, nes ranks 935th in the Product Complexity Index (PCI).

Description Punching: punching presses are typically used to cut out metal shapes such as circles or squares from a flat sheet of metal. Notching: notching equipment are typically used to cut a notch or groove into flat sheets of metal. Punch-Shear Machine Tools: punch-shear machines are typically used to cut holes in metal sheets.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Punching, notching, punch-shear machine tools, nes. 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)China$72.6M
Top Destination (2023)United States$38.7M

In 2023 Punching, notching, punch-shear machine tools, nes were the world's 3335th most traded product (out of 4,644).

In 2023, the top exporters of Punching, notching, punch-shear machine tools, nes were China ($72.6M), Italy ($33.2M), United States ($28.9M), Japan ($24.5M), and Germany ($18.8M).

In 2023, the top importers of Punching, notching, punch-shear machine tools, nes were United States ($38.7M), India ($31.5M), Mexico ($25.5M), China ($19.3M), and Poland ($12.1M).

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Exporters of Punching, notching, punch-shear machine tools, nes (2023)
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Importers of Punching, notching, punch-shear machine tools, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$4.74M
Top Destination Growth (2022 -  2023)Mexico$7.11M

Between 2022 and 2023, the exports of Punching, notching, punch-shear machine tools, nes grew the fastest in Japan ($4.74M), Switzerland ($4.62M), Germany ($4.46M), Netherlands ($3.33M), and Chinese Taipei ($2.12M).

Between 2022 and 2023, the fastest growing importers of Punching, notching, punch-shear machine tools, nes were Mexico ($7.11M), Poland ($7M), India ($6.86M), Algeria ($5.8M), and United States ($3.74M).

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Exporters of Punching, notching, punch-shear machine tools, nes (2022 - 2023)

Importers of Punching, notching, punch-shear machine tools, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Punching, notching, punch-shear machine tools, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Punching, notching, punch-shear machine tools, nes are explained by 15 countries.

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Value of Exports in Punching, notching, punch-shear machine tools, nes

Net Trade

TOP NET EXPORTER (2023)China$53.2M
TOP NET IMPORTER (2023)India$28.4M

This map shows which countries export or import more of Punching, notching, punch-shear machine tools, nes. Each country is colored based on the difference in exports and imports of Punching, notching, punch-shear machine tools, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Punching, notching, punch-shear machine tools, nes were China ($53.2M), Italy ($28.5M), Japan ($22.6M), Chinese Taipei ($17.2M), and Switzerland ($16.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Punching, notching, punch-shear machine tools, nes were India ($28.4M), Mexico ($25.2M), Vietnam ($11.1M), United States ($9.8M), and Poland ($8.58M).

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 Punching, notching, punch-shear machine tools, nes.
It is possible to select the main countries that export or import Punching, notching, punch-shear machine tools, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Punching, notching, punch-shear machine tools, nes 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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