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845720 (Harmonized System 1992 for 6-digit)

2023
World Trade $112MRnk 4000 / 4644
2023
Top Exporter | Top Importer $19.1M | $14.8MGermany | United States
2023
Product Complexity 0.71Rnk 1254 / 4656
2022 - 2023
Export Growth (CAGR) -5.73%Rnk 2174 / 4644
2023
Share of World Trade 0.0005%Rnk 4000 / 4644

About

Overview This page contains the latest trade data of Unit construction machines, metal work. In 2023, Unit construction machines, metal work were the world's 4000th most traded product, with a total trade of $112M. Between 2022 and 2023 the exports of Unit construction machines, metal work decreased by -5.73%, from $119M to $112M. 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 2023 the top exporters of Unit construction machines, metal work  were Germany ($19.1M), Spain ($16.5M), Italy ($13.8M), Austria ($10.2M), and China ($5.59M).

Imports In 2023 the top importers of Unit construction machines, metal work were United States ($14.8M), Austria ($9.24M), India ($7.88M), Mexico ($5.61M), and Romania ($5.55M).

Ranking Unit construction machines, metal work ranks 1254th 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 (2023)Germany$19.1M
Top Destination (2023)United States$14.8M

In 2023 Unit construction machines, metal work were the world's 4000th most traded product (out of 4,644).

In 2023, the top exporters of Unit construction machines, metal work were Germany ($19.1M), Spain ($16.5M), Italy ($13.8M), Austria ($10.2M), and China ($5.59M).

In 2023, the top importers of Unit construction machines, metal work were United States ($14.8M), Austria ($9.24M), India ($7.88M), Mexico ($5.61M), and Romania ($5.55M).

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Exporters of Unit construction machines, metal work (2023)
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Importers of Unit construction machines, metal work (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$7.84M
Top Destination Growth (2022 -  2023)Austria$7.41M

Between 2022 and 2023, the exports of Unit construction machines, metal work grew the fastest in Germany ($7.84M), Bulgaria ($4.48M), Austria ($3.99M), Gambia ($2.24M), and Netherlands ($1.88M).

Between 2022 and 2023, the fastest growing importers of Unit construction machines, metal work were Austria ($7.41M), United States ($4.99M), Mexico ($4.88M), Romania ($4.57M), and Japan ($2.36M).

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Exporters of Unit construction machines, metal work (2022 - 2023)

Importers of Unit construction machines, metal work (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.1. This means that most of the exports of Unit construction machines, metal work are explained by 17 countries.

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Value of Exports in Unit construction machines, metal work

Net Trade

TOP NET EXPORTER (2023)Germany$16.3M
TOP NET IMPORTER (2023)United States$9.7M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Unit construction machines, metal work were Germany ($16.3M), Spain ($14M), Italy ($9.98M), Bulgaria ($4.69M), and Chinese Taipei ($4.67M).

In 2023, the countries that had a largest trade value in imports than in exports of Unit construction machines, metal work were United States ($9.7M), India ($5.69M), Mexico ($5.6M), Romania ($5.46M), and Canada ($3.83M).

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 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 (2023)

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