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846239 (Harmonized System 1992 for 6-digit)

2023
World Trade $576MRnk 2698 / 4644
2023
Top Exporter | Top Importer $158M | $90.2MChina | United States
2023
Product Complexity 1.07Rnk 680 / 4656
2022 - 2023
Export Growth (CAGR) 0.16%Rnk 1538 / 4644
2023
Share of World Trade 0.0025%Rnk 2698 / 4644

About

Overview This page contains the latest trade data of Shearing (except punch-shear) machine tools, nes. In 2023, Shearing (except punch-shear) machine tools, nes were the world's 2698th most traded product, with a total trade of $576M. Between 2022 and 2023 the exports of Shearing (except punch-shear) machine tools, nes grew by 0.16%, from $575M to $576M. Trade in Shearing (except punch-shear) machine tools, nes represent 0.0025% of total world trade.

Shearing (except punch-shear) machine tools, nes are a part of Forging Machines.

Exports In 2023 the top exporters of Shearing (except punch-shear) machine tools, nes  were China ($158M), Italy ($117M), Germany ($47.3M), Turkey ($32.9M), and United States ($22.6M).

Imports In 2023 the top importers of Shearing (except punch-shear) machine tools, nes were United States ($90.2M), India ($60.6M), Canada ($27.5M), Poland ($27.3M), and Germany ($19.6M).

Ranking Shearing (except punch-shear) machine tools, nes ranks 680th in the Product Complexity Index (PCI).

Description A shearing machine can perform a number of shearing operations, including: Punch shear: the shearing of metal plate or bar by means of a punch and die. Chisel shear: the shearing of metal plate or bar by means of a chisel or punch and chisel. Slitting shear: the shearing of metal sheet or strip by means of a slitting blade to form a slit. Bevel shear: the shearing of metal sheet or strip by means of a shear blade to form a be

Latest Trends

Latest Data

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The following visualization shows the latest trends on Shearing (except 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$158M
Top Destination (2023)United States$90.2M

In 2023 Shearing (except punch-shear) machine tools, nes were the world's 2698th most traded product (out of 4,644).

In 2023, the top exporters of Shearing (except punch-shear) machine tools, nes were China ($158M), Italy ($117M), Germany ($47.3M), Turkey ($32.9M), and United States ($22.6M).

In 2023, the top importers of Shearing (except punch-shear) machine tools, nes were United States ($90.2M), India ($60.6M), Canada ($27.5M), Poland ($27.3M), and Germany ($19.6M).

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Exporters of Shearing (except punch-shear) machine tools, nes (2023)
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Importers of Shearing (except punch-shear) machine tools, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$17.3M
Top Destination Growth (2022 -  2023)United States$19.9M

Between 2022 and 2023, the exports of Shearing (except punch-shear) machine tools, nes grew the fastest in China ($17.3M), Italy ($9.47M), Japan ($7.29M), Poland ($4.73M), and France ($3.09M).

Between 2022 and 2023, the fastest growing importers of Shearing (except punch-shear) machine tools, nes were United States ($19.9M), India ($16M), Poland ($15M), Canada ($10.5M), and Germany ($6.2M).

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Exporters of Shearing (except punch-shear) machine tools, nes (2022 - 2023)

Importers of Shearing (except punch-shear) machine tools, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Shearing (except punch-shear) machine tools, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Shearing (except punch-shear) machine tools, nes are explained by 13 countries.

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Value of Exports in Shearing (except punch-shear) machine tools, nes

Net Trade

TOP NET EXPORTER (2023)China$142M
TOP NET IMPORTER (2023)United States$67.6M

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

In 2023, the countries that had a largest trade value in exports than in imports of Shearing (except punch-shear) machine tools, nes were China ($142M), Italy ($110M), Germany ($27.7M), Turkey ($21.3M), and Chinese Taipei ($18.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Shearing (except punch-shear) machine tools, nes were United States ($67.6M), India ($56.7M), Canada ($24.9M), Poland ($20.5M), and Mexico ($18.4M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Shearing (except punch-shear) machine tools, nes.
It is possible to select the main countries that export or import Shearing (except punch-shear) machine tools, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Shearing (except 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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