Sign In
Pricing

2022
Exports $500MWorld Rnk 6 / 93
Flag Rnk 579 / 1216
2022
Destination $55.4M Russia
2021 - 2022
FASTEST GROWING MARKET $55.4MRussia
2022
PRODUCT COMPLEXITY IN Metalworking Transfer Machines2.21Rnk 2 / 1025
2022
Imports $1.85BWorld Rnk 1 / 169
Flag Rnk 150 / 1212
2022
Origin $12.3M Japan
2021 - 2022
FASTEST GROWING ORIGIN $12.3MUnited States
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $500M in Metalworking Transfer Machines, making it the 6th largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 579th most exported product in China. The main destination of Metalworking Transfer Machines exports from China are: Russia ($94M), Vietnam ($56.9M), Turkey ($38M), Mexico ($26.5M), and Malaysia ($23.9M).

The fastest growing export markets for Metalworking Transfer Machines of China between 2021 and 2022 were Russia ($55.4M), Vietnam ($22.8M), and Mexico ($16.5M).

Imports In 2022, China imported $1.85B in Metalworking Transfer Machines, becoming the 1st largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 150th most imported product in China. China imports Metalworking Transfer Machines primarily from: Japan ($989M), Germany ($358M), Chinese Taipei ($187M), Switzerland ($83.2M), and Singapore ($67.3M).

The fastest growing import markets in Metalworking Transfer Machines for China between 2021 and 2022 were United States ($12.3M), Switzerland ($9.48M), and Norway ($3.19M).

COMPANIES In 2023, leading companies such as CrimsonLogic (19), GE RENEWABLES NORTH AMERICA LLC (17), and TE Connectivity (12) were at the forefront of shipping Metalworking Transfer Machines from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Metalworking Transfer Machines exports accounted up to $79.9M and imports accounted up to $153M, resulting in a negative trade balance of $72.8M. Between October 2023 and October 2024 the exports of China's   Metalworking Transfer Machines have increased by $2.52M (3.25%) from $77.4M to $79.9M, while imports decreased by $-10.4M (-6.39%) from $163M to $153M.

Destinations In October 2024, Metalworking Transfer Machines were exported mostly to Vietnam ($14.2M), Russia ($13.7M), India ($7.65M), Turkey ($7.54M), and Belarus ($5.13M), and were imported mostly from Japan ($81.4M), Germany ($22.8M), Switzerland ($14.9M), Chinese Taipei ($14M), and Italy ($7.49M).

Growth In October 2024, the increase in Metalworking Transfer Machines's year-by-year exports was explained primarily by an increase in exports to Russia ($18M or 575%), Turkey ($6.45M or 541%), and Mexico ($5.93M or 269%). In October 2024, the decrease in Metalworking Transfer Machines's year-by-year imports was explained primarily by a decrease in imports from Japan ($-38.7M or -46.2%), Germany ($-34.1M or -58.4%), and Switzerland ($-9.44M or -72.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$2.52M(3.25%)
IMPORT GROWTH (October 2023 - October 2024)$-10.4M(-6.39%)
MAIN EXPORTER (October 2024)Guangdong Province$18.2M
MAIN DESTINATION (October 2024)Vietnam$14.2M

This section shows Metalworking Transfer Machines's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Metalworking Transfer Machines over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$500M
IMPORTS (2022)$1.85B
NET TRADE (2022)-$1.35B

In 2022, China exported $500M in Metalworking Transfer Machines. The main destinations of China exports on Metalworking Transfer Machines were Russia ($94M), Vietnam ($56.9M), Turkey ($38M), Mexico ($26.5M), and Malaysia ($23.9M).

In 2022, China imported $1.85B in Metalworking Transfer Machines, mainly from Japan ($989M), Germany ($358M), Chinese Taipei ($187M), Switzerland ($83.2M), and Singapore ($67.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$55.4M (143%)
Vietnam$22.8M (67%)
Mexico$16.5M (165%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY China WERE (2021 - 2022):
Hong Kong-$9.34M (-82.8%)
South Korea-$4.13M (-28.5%)
Hungary-$2.74M (-73%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Metalworking Transfer Machines were:
Japan $2.84B
Germany $1.79B
Chinese Taipei $1.13B
In 2022, China's main importing competitors in Metalworking Transfer Machines were:
United States $1.5B
Germany $559M

Explore Visualizations

Trade Value of Metalworking Transfer Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $21.3M
TOP IMPORT POTENTIALSouth Korea+ $35.3M

Metalworking Transfer Machines’s highest export potential is India. With an export gap of $21.3M.   Metalworking Transfer Machines’s highest import potential is South Korea with an import gap of $35.3M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms