Knives and cutting blades, for machines or for mechanical appliances

8208 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Cutting Blades. In 2023, Cutting Blades were the world's 620th most traded product, with a total trade of $3.71B. Between 2022 and 2023 the exports of Cutting Blades grew by 0.16%, from $3.7B to $3.71B. Trade in Cutting Blades represent 0.016% of total world trade.

Cutting Blades are a part of Tools & cutlery. They include Blades for leather, paper, tobacco etc. industries, Blades for metal working machines, Blades for agricultural and forestry machinery, Blades for wood working machines, and Blades for kitchen appliances & food industry machine.

Exports In 2023 the top exporters of Cutting Blades  were Germany ($692M), China ($679M), United States ($364M), Japan ($189M), and Austria ($189M).

Imports In 2023 the top importers of Cutting Blades were United States ($498M), Germany ($298M), China ($206M), Russia ($177M), and Mexico ($153M).

Ranking Cutting Blades ranks 93rd in the Product Complexity Index (PCI).

Description Knives and cutting blades are used in the production of other goods. They can be made from a variety of materials, including steel, stainless steel, ceramic, and carbon fiber.

Latest Data

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The following visualization shows the latest trends on Cutting Blades. 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$692M
Top Destination (2023)United States$498M

In 2023 Cutting Blades were the world's 620th most traded product (out of 1,217).

In 2023, the top exporters of Cutting Blades were Germany ($692M), China ($679M), United States ($364M), Japan ($189M), and Austria ($189M).

In 2023, the top importers of Cutting Blades were United States ($498M), Germany ($298M), China ($206M), Russia ($177M), and Mexico ($153M).

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Exporters of Cutting Blades (2023)
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Importers of Cutting Blades (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$78.1M
Top Destination Growth (2022 -  2023)Russia$71.3M

Between 2022 and 2023, the exports of Cutting Blades grew the fastest in China ($78.1M), Italy ($12.8M), Austria ($12M), South Korea ($8.07M), and Hong Kong ($7.43M).

Between 2022 and 2023, the fastest growing importers of Cutting Blades were Russia ($71.3M), India ($40.8M), Italy ($16.7M), China ($16.5M), and South Korea ($6.93M).

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Exporters of Cutting Blades (2022 - 2023)

Importers of Cutting Blades (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cutting Blades.

In 2023, market concentration measured using Shannon Entropy, was 4.3. This means that most of the exports of Cutting Blades are explained by 19 countries.

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Value of Exports in Cutting Blades

Net Trade

TOP NET EXPORTER (2023)China$472M
TOP NET IMPORTER (2023)Russia$174M

This map shows which countries export or import more of Cutting Blades. Each country is colored based on the difference in exports and imports of Cutting Blades during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cutting Blades were China ($472M), Germany ($394M), Austria ($114M), Switzerland ($113M), and Japan ($96.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Cutting Blades were Russia ($174M), Mexico ($135M), United States ($134M), Canada ($94.6M), and Brazil ($40M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Cutting Blades, disaggragated by their HS6 level were Blades for leather, paper, tobacco etc.... ($1.57B), Blades for metal working machines ($685M), Blades for agricultural and forestry machinery ($677M), Blades for wood working machines ($404M), and Blades for kitchen appliances & food... ($379M)

HS6 Disaggregation for Cutting Blades (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Cutting Blades.
It is possible to select the main countries that export or import Cutting Blades in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cutting Blades by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $4.52M
TOP IMPORT POTENTIALChina+ $16.7M

Cutting Blades’s highest export potential is China. With an export gap of $4.52M.  Cutting Blades’s highest import potential is China with an import gap of $16.7M.

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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)

Country by Relatedness

The following visualization shows the relatedness of Cutting Blades to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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