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846031 (Harmonized System 1992 for 6-digit)

2022
World Trade $498MRnk 2935 / 4648
2022
Top Exporter | Top Importer $99M | $120MThailand | China
2022
Product Complexity 1.75Rnk 82 / 4653
2021 - 2022
Export Growth (CAGR) 7.42%Rnk 1905 / 4648
2022
Share of World Trade 0.0021%Rnk 2935 / 4648

About

Overview This page contains the latest trade data of Sharpening (tool, cutter grind) machines, num control. In 2022, Sharpening (tool, cutter grind) machines, num control were the world's 2935th most traded product, with a total trade of $498M. Between 2021 and 2022 the exports of Sharpening (tool, cutter grind) machines, num control grew by 7.42%, from $464M to $498M. Trade in Sharpening (tool, cutter grind) machines, num control represent 0.0021% of total world trade.

Sharpening (tool, cutter grind) machines, num control are a part of Metal Finishing Machines.

Exports In 2022 the top exporters of Sharpening (tool, cutter grind) machines, num control  were Thailand ($99M), Germany ($95.4M), Switzerland ($56.1M), Czechia ($55.1M), and Australia ($46.5M).

Imports In 2022 the top importers of Sharpening (tool, cutter grind) machines, num control were China ($120M), United States ($91.1M), Germany ($34.8M), Italy ($26.1M), and South Korea ($22.1M).

Ranking Sharpening (tool, cutter grind) machines, num control ranks 82nd in the Product Complexity Index (PCI).

Description The common uses of sharpening machines include sharpening the cutting edge of the tool in order to keep it at a certain angle, rounding off the cutting edge to reduce the work of cutting, and reconditioning the edge to make it sharper. The “angle” of the cutting edge can be controlled through the use of a milling machine, a grinding machine, or on the lathe.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sharpening (tool, cutter grind) machines, num control. 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)Thailand$99M
Top Destination (2022)China$120M

In 2022 Sharpening (tool, cutter grind) machines, num control were the world's 2935th most traded product (out of 4,648).

In 2022, the top exporters of Sharpening (tool, cutter grind) machines, num control were Thailand ($99M), Germany ($95.4M), Switzerland ($56.1M), Czechia ($55.1M), and Australia ($46.5M).

In 2022, the top importers of Sharpening (tool, cutter grind) machines, num control were China ($120M), United States ($91.1M), Germany ($34.8M), Italy ($26.1M), and South Korea ($22.1M).

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Exporters of Sharpening (tool, cutter grind) machines, num control (2022)
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Importers of Sharpening (tool, cutter grind) machines, num control (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Australia$23.6M
Top Destination Growth (2021 -  2022)United States$45.4M

Between 2021 and 2022, the exports of Sharpening (tool, cutter grind) machines, num control grew the fastest in Australia ($23.6M), Czechia ($12.4M), Germany ($12M), Italy ($9.27M), and Switzerland ($4.92M).

Between 2021 and 2022, the fastest growing importers of Sharpening (tool, cutter grind) machines, num control were United States ($45.4M), France ($4.96M), Japan ($4.27M), United Kingdom ($4.23M), and Malaysia ($3.66M).

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Exporters of Sharpening (tool, cutter grind) machines, num control (2021 - 2022)

Importers of Sharpening (tool, cutter grind) machines, num control (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sharpening (tool, cutter grind) machines, num control.

In 2022, market concentration measured using Shannon Entropy, was 3.47. This means that most of the exports of Sharpening (tool, cutter grind) machines, num control are explained by 11 countries.

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Value of Exports in Sharpening (tool, cutter grind) machines, num control

Net Trade

TOP NET EXPORTER (2022)Thailand$92.8M
TOP NET IMPORTER (2022)China$97.9M

This map shows which countries export or import more of Sharpening (tool, cutter grind) machines, num control. Each country is colored based on the difference in exports and imports of Sharpening (tool, cutter grind) machines, num control during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sharpening (tool, cutter grind) machines, num control were Thailand ($92.8M), Germany ($60.6M), Czechia ($52.6M), Switzerland ($47.6M), and Australia ($42.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Sharpening (tool, cutter grind) machines, num control were China ($97.9M), United States ($80.9M), South Korea ($19.3M), Turkey ($15.3M), and Italy ($9.42M).

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 Sharpening (tool, cutter grind) machines, num control.
It is possible to select the main countries that export or import Sharpening (tool, cutter grind) machines, num control in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sharpening (tool, cutter grind) machines, num control 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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