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Pricing

820730 (Harmonized System 1992 for 6-digit)

2022
World Trade $6.07BRnk 638 / 4648
2022
Top Exporter | Top Importer $1.39B | $1.1BChina | United States
2022
Product Complexity 1.25Rnk 427 / 4653
2021 - 2022
Export Growth (CAGR) -7.61%Rnk 3794 / 4648
2022
Share of World Trade 0.026%Rnk 638 / 4648

About

Overview This page contains the latest trade data of Tools for pressing, stamping or punching. In 2022, Tools for pressing, stamping or punching were the world's 638th most traded product, with a total trade of $6.07B. Between 2021 and 2022 the exports of Tools for pressing, stamping or punching decreased by -7.61%, from $6.57B to $6.07B. Trade in Tools for pressing, stamping or punching represent 0.026% of total world trade.

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

Exports In 2022 the top exporters of Tools for pressing, stamping or punching  were China ($1.39B), South Korea ($781M), Germany ($732M), Japan ($731M), and United States ($453M).

Imports In 2022 the top importers of Tools for pressing, stamping or punching were United States ($1.1B), Germany ($654M), Mexico ($640M), Canada ($335M), and China ($334M).

Ranking Tools for pressing, stamping or punching ranks 427th 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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Y-AXIS SCALE

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 (2022)China$1.39B
Top Destination (2022)United States$1.1B

In 2022 Tools for pressing, stamping or punching were the world's 638th most traded product (out of 4,648).

In 2022, the top exporters of Tools for pressing, stamping or punching were China ($1.39B), South Korea ($781M), Germany ($732M), Japan ($731M), and United States ($453M).

In 2022, the top importers of Tools for pressing, stamping or punching were United States ($1.1B), Germany ($654M), Mexico ($640M), Canada ($335M), and China ($334M).

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Exporters of Tools for pressing, stamping or punching (2022)
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Importers of Tools for pressing, stamping or punching (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$24.8M
Top Destination Growth (2021 -  2022)Mexico$67.4M

Between 2021 and 2022, the exports of Tools for pressing, stamping or punching grew the fastest in Brazil ($24.8M), Ireland ($17.3M), China ($9.27M), Poland ($4.56M), and India ($3.49M).

Between 2021 and 2022, the fastest growing importers of Tools for pressing, stamping or punching were Mexico ($67.4M), Turkey ($60.5M), Canada ($39.4M), Argentina ($39M), and Vietnam ($32.8M).

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Exporters of Tools for pressing, stamping or punching (2021 - 2022)

Importers of Tools for pressing, stamping or punching (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.86. 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 (2022)China$1.05B
TOP NET IMPORTER (2022)United States$648M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Tools for pressing, stamping or punching were China ($1.05B), South Korea ($740M), Japan ($559M), Italy ($276M), and Chinese Taipei ($115M).

In 2022, the countries that had a largest trade value in imports than in exports of Tools for pressing, stamping or punching were United States ($648M), Mexico ($600M), India ($189M), Vietnam ($136M), and Canada ($106M).

Net Trade (2022)

Country Comparison

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Measure
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 (2022)

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