Overview: This page contains the latest trade data of Metalworking Machine Parts. In 2019, Metalworking Machine Parts were the world's 190th most traded product, with a total trade of $19.2B. Between 2018 and 2019 the exports of Metalworking Machine Parts decreased by -8.61%, from $21B to $19.2B. Trade in Metalworking Machine Parts represent 0.11% of total world trade.
Exports: In 2019 the top exporters of Metalworking Machine Parts were Germany ($3.81B), United States ($1.93B), Japan ($1.78B), Italy ($1.63B), and China ($1.38B).
Imports: In 2019 the top importers of Metalworking Machine Parts were United States ($2.55B), Germany ($2.12B), China ($1.78B), Japan ($815M), and France ($761M).
Tariffs: In 2018 the average tariff for Metalworking Machine Parts was 3.94%, making it the 1005th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Metalworking Machine Parts are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Brazil (12.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Metalworking Machine Parts ranks 37th in the Product Complexity Index (PCI).
Description: Tool holders are used to hold tools that are used in the production of other goods. Tool holders can be made from a variety of materials, including wood, plastic, and metal.