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845819 (Harmonized System 1992 for 6-digit)

2023
World Trade $452MRnk 2955 / 4644
2023
Top Exporter | Top Importer $166M | $63.6MChina | United States
2023
Product Complexity 0.76Rnk 1176 / 4656
2022 - 2023
Export Growth (CAGR) 2.84%Rnk 1242 / 4644
2023
Share of World Trade 0.002%Rnk 2955 / 4644

About

Overview This page contains the latest trade data of Horizontal lathes nes for metal. In 2023, Horizontal lathes nes for metal were the world's 2955th most traded product, with a total trade of $452M. Between 2022 and 2023 the exports of Horizontal lathes nes for metal grew by 2.84%, from $440M to $452M. Trade in Horizontal lathes nes for metal represent 0.002% of total world trade.

Horizontal lathes nes for metal are a part of Metal Lathes.

Exports In 2023 the top exporters of Horizontal lathes nes for metal  were China ($166M), Chinese Taipei ($62.6M), Germany ($30.4M), Italy ($25.6M), and Japan ($18M).

Imports In 2023 the top importers of Horizontal lathes nes for metal were United States ($63.6M), Turkey ($36.4M), Russia ($31.2M), India ($25.3M), and Germany ($19.4M).

Ranking Horizontal lathes nes for metal ranks 1176th in the Product Complexity Index (PCI).

Description A horizontal lathe is used to produce cylindrical objects from metal. The metal is fed into the machine on the left side and the operator manually turns the piece on the right side of the lathe to create a uniform cylinder. The vertical axis of the lathe helps control the diameter of the cylinder.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Horizontal lathes nes for metal. 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)China$166M
Top Destination (2023)United States$63.6M

In 2023 Horizontal lathes nes for metal were the world's 2955th most traded product (out of 4,644).

In 2023, the top exporters of Horizontal lathes nes for metal were China ($166M), Chinese Taipei ($62.6M), Germany ($30.4M), Italy ($25.6M), and Japan ($18M).

In 2023, the top importers of Horizontal lathes nes for metal were United States ($63.6M), Turkey ($36.4M), Russia ($31.2M), India ($25.3M), and Germany ($19.4M).

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Exporters of Horizontal lathes nes for metal (2023)
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Importers of Horizontal lathes nes for metal (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Turkey$5.42M
Top Destination Growth (2022 -  2023)Russia$9.06M

Between 2022 and 2023, the exports of Horizontal lathes nes for metal grew the fastest in Turkey ($5.42M), Germany ($4.73M), France ($2.54M), Spain ($2.25M), and Netherlands ($2M).

Between 2022 and 2023, the fastest growing importers of Horizontal lathes nes for metal were Russia ($9.06M), Turkey ($7.3M), Kazakhstan ($6.86M), Uzbekistan ($5.24M), and United Arab Emirates ($3.07M).

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Exporters of Horizontal lathes nes for metal (2022 - 2023)

Importers of Horizontal lathes nes for metal (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Horizontal lathes nes for metal.

In 2023, market concentration measured using Shannon Entropy, was 3.66. This means that most of the exports of Horizontal lathes nes for metal are explained by 12 countries.

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Value of Exports in Horizontal lathes nes for metal

Net Trade

TOP NET EXPORTER (2023)China$153M
TOP NET IMPORTER (2023)United States$47.5M

This map shows which countries export or import more of Horizontal lathes nes for metal. Each country is colored based on the difference in exports and imports of Horizontal lathes nes for metal during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Horizontal lathes nes for metal were China ($153M), Chinese Taipei ($62.2M), Italy ($20.3M), Japan ($14.7M), and Bulgaria ($12.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Horizontal lathes nes for metal were United States ($47.5M), Russia ($29.1M), Turkey ($26.1M), Mexico ($16.5M), and India ($15.5M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Horizontal lathes nes for metal 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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