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Pricing

820730 (Harmonized System 1992 for 6-digit)

2023
World Trade $6BRnk 603 / 4644
2023
Top Exporter | Top Importer $1.42B | $1.03BChina | Mexico
2023
Product Complexity 1.25Rnk 391 / 4656
2022 - 2023
Export Growth (CAGR) 0.18%Rnk 1536 / 4644
2023
Share of World Trade 0.027%Rnk 603 / 4644

About

Overview This page contains the latest trade data of Tools for pressing, stamping or punching. In 2023, Tools for pressing, stamping or punching were the world's 603rd most traded product, with a total trade of $6B. Between 2022 and 2023 the exports of Tools for pressing, stamping or punching grew by 0.18%, from $5.99B to $6B. Trade in Tools for pressing, stamping or punching represent 0.027% of total world trade.

Tools for pressing, stamping or punching are a part of Interchangeable Tool Parts.

Exports In 2023 the top exporters of Tools for pressing, stamping or punching  were China ($1.42B), Germany ($747M), South Korea ($717M), Japan ($695M), and United States ($527M).

Imports In 2023 the top importers of Tools for pressing, stamping or punching were Mexico ($1.03B), United States ($1.02B), Germany ($521M), China ($341M), and Canada ($224M).

Ranking Tools for pressing, stamping or punching ranks 391st in the Product Complexity Index (PCI).

Description Pressing is a process of molding something, such as metal, by applying pressure. Stamping is the action of pressing a pattern onto the surface of a material. Punching is the action of cutting or puncturing material, such as paper, by the use of a punch or die.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tools for pressing, stamping or punching. 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$1.42B
Top Destination (2023)Mexico$1.03B

In 2023 Tools for pressing, stamping or punching were the world's 603rd most traded product (out of 4,644).

In 2023, the top exporters of Tools for pressing, stamping or punching were China ($1.42B), Germany ($747M), South Korea ($717M), Japan ($695M), and United States ($527M).

In 2023, the top importers of Tools for pressing, stamping or punching were Mexico ($1.03B), United States ($1.02B), Germany ($521M), China ($341M), and Canada ($224M).

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Exporters of Tools for pressing, stamping or punching (2023)
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Importers of Tools for pressing, stamping or punching (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$99.3M
Top Destination Growth (2022 -  2023)Mexico$364M

Between 2022 and 2023, the exports of Tools for pressing, stamping or punching grew the fastest in China ($99.3M), United States ($84.7M), Italy ($40.6M), Slovakia ($13.3M), and Austria ($12.2M).

Between 2022 and 2023, the fastest growing importers of Tools for pressing, stamping or punching were Mexico ($364M), France ($47.5M), Hungary ($46.3M), Czechia ($44.7M), and Slovakia ($36.9M).

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Exporters of Tools for pressing, stamping or punching (2022 - 2023)

Importers of Tools for pressing, stamping or punching (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tools for pressing, stamping or punching.

In 2023, market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Tools for pressing, stamping or punching are explained by 14 countries.

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Value of Exports in Tools for pressing, stamping or punching

Net Trade

TOP NET EXPORTER (2023)China$1.08B
TOP NET IMPORTER (2023)Mexico$1.01B

This map shows which countries export or import more of Tools for pressing, stamping or punching. Each country is colored based on the difference in exports and imports of Tools for pressing, stamping or punching during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Tools for pressing, stamping or punching were China ($1.08B), South Korea ($679M), Japan ($566M), Germany ($225M), and Italy ($204M).

In 2023, the countries that had a largest trade value in imports than in exports of Tools for pressing, stamping or punching were Mexico ($1.01B), United States ($492M), India ($159M), Hungary ($126M), and France ($112M).

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 Tools for pressing, stamping or punching.
It is possible to select the main countries that export or import Tools for pressing, stamping or punching in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tools for pressing, stamping or punching 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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