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 3.86%, making it the 1038th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Metalworking Machine Parts are Bahamas (40.2%), Bermuda (25%), Cayman Islands (22%), and Anguilla (20%). 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.