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845720 (Harmonized System 1992 for 6-digit)

2022
World Trade $118MRnk 4024 / 4648
2022
Top Exporter | Top Importer $19.9M | $14MSpain | United States
2022
Product Complexity 1.07Rnk 681 / 4653
2021 - 2022
Export Growth (CAGR) -25%Rnk 4408 / 4648
2022
Share of World Trade 0.0005%Rnk 4024 / 4648

About

Overview This page contains the latest trade data of Unit construction machines, metal work. In 2022, Unit construction machines, metal work were the world's 4024th most traded product, with a total trade of $118M. Between 2021 and 2022 the exports of Unit construction machines, metal work decreased by -25%, from $158M to $118M. Trade in Unit construction machines, metal work represent 0.0005% of total world trade.

Unit construction machines, metal work are a part of Metalworking Transfer Machines.

Exports In 2022 the top exporters of Unit construction machines, metal work  were Spain ($19.9M), Italy ($16.2M), Germany ($14.4M), United States ($10.7M), and Japan ($9.66M).

Imports In 2022 the top importers of Unit construction machines, metal work were United States ($14M), Hungary ($13M), China ($9.76M), Poland ($6.05M), and India ($5.95M).

Ranking Unit construction machines, metal work ranks 681st in the Product Complexity Index (PCI).

Description Unit construction machines are used to manufacture buildings. A metal worker may use a unit construction machine to construct the metal framework of a building.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Unit construction machines, metal work. 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)Spain$19.9M
Top Destination (2022)United States$14M

In 2022 Unit construction machines, metal work were the world's 4024th most traded product (out of 4,648).

In 2022, the top exporters of Unit construction machines, metal work were Spain ($19.9M), Italy ($16.2M), Germany ($14.4M), United States ($10.7M), and Japan ($9.66M).

In 2022, the top importers of Unit construction machines, metal work were United States ($14M), Hungary ($13M), China ($9.76M), Poland ($6.05M), and India ($5.95M).

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Exporters of Unit construction machines, metal work (2022)
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Importers of Unit construction machines, metal work (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Japan$6.66M
Top Destination Growth (2021 -  2022)Hungary$11.4M

Between 2021 and 2022, the exports of Unit construction machines, metal work grew the fastest in Japan ($6.66M), South Korea ($6.22M), China ($2.92M), Denmark ($2.5M), and Singapore ($2.06M).

Between 2021 and 2022, the fastest growing importers of Unit construction machines, metal work were Hungary ($11.4M), Qatar ($4.68M), Thailand ($2.77M), Israel ($2.27M), and Italy ($2.11M).

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Exporters of Unit construction machines, metal work (2021 - 2022)

Importers of Unit construction machines, metal work (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Unit construction machines, metal work.

In 2022, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Unit construction machines, metal work are explained by 15 countries.

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Value of Exports in Unit construction machines, metal work

Net Trade

TOP NET EXPORTER (2022)Spain$18.6M
TOP NET IMPORTER (2022)Hungary$11.4M

This map shows which countries export or import more of Unit construction machines, metal work. Each country is colored based on the difference in exports and imports of Unit construction machines, metal work during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Unit construction machines, metal work were Spain ($18.6M), Italy ($10.9M), Germany ($9.4M), Japan ($9.31M), and South Korea ($6.27M).

In 2022, the countries that had a largest trade value in imports than in exports of Unit construction machines, metal work were Hungary ($11.4M), Poland ($5.82M), India ($5.47M), Thailand ($3.48M), and United States ($3.32M).

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 Unit construction machines, metal work.
It is possible to select the main countries that export or import Unit construction machines, metal work in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Unit construction machines, metal work 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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