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845949 (Harmonized System 2017 for 6-digit)

2022
World Trade $43.6MRnk 4933 / 5380
2022
Top Exporter | Top Importer $9.17M | $4.96MChina | India
2022
Product Complexity 0.057Rnk 2831 / 5381
2021 - 2022
Export Growth (CAGR) -10.6%Rnk 4633 / 5380
2022
Share of World Trade 0.00018%Rnk 4933 / 5380

About

Overview This page contains the latest trade data of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459. In 2022, Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 were the world's 4933rd most traded product, with a total trade of $43.6M. Between 2021 and 2022 the exports of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 decreased by -10.6%, from $48.7M to $43.6M. Trade in Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 represent 0.00018% of total world trade.

Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 are a part of Machine-tools; (including way-type unit head machines) for drilling, boring, milling, threading or....

Exports In 2022 the top exporters of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459  were China ($9.17M), United States ($5.29M), Italy ($5.16M), United Kingdom ($3.19M), and Germany ($3.19M).

Imports In 2022 the top importers of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 were India ($4.96M), Russia ($2.55M), Italy ($2.25M), Indonesia ($2.01M), and Germany ($2M).

Ranking Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 ranks 2831st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459. 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 (2022)China$9.17M
Top Destination (2022)India$4.96M

In 2022 Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 were the world's 4933rd most traded product (out of 5,380).

In 2022, the top exporters of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 were China ($9.17M), United States ($5.29M), Italy ($5.16M), United Kingdom ($3.19M), and Germany ($3.19M).

In 2022, the top importers of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 were India ($4.96M), Russia ($2.55M), Italy ($2.25M), Indonesia ($2.01M), and Germany ($2M).

Explore Visualizations

Exporters of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 (2022)
[Click to Select a Country]

Importers of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Decrease (2021 -  2022)United States-$4.99M
Top Destination Growth (2021 -  2022)Italy$2.2M

Between 2021 and 2022, the fastest declining exporters of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 were United States (-$4.99M), Japan (-$3.65M), South Korea (-$912k), Germany (-$772k), and Australia (-$619k).

Between 2021 and 2022, the fastest growing importers of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 were Italy ($2.2M), United Arab Emirates ($1.32M), Colombia ($1.23M), Vietnam ($852k), and Kuwait ($811k).

Explore Visualizations

Exporters of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 (2021 - 2022)

Importers of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459.

In 2022, market concentration measured using Shannon Entropy, was 4.14. This means that most of the exports of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 are explained by 17 countries.

Explore Visualizations

Value of Exports in Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459

Net Trade

TOP NET EXPORTER (2022)China$8.31M
TOP NET IMPORTER (2022)India$4.54M

This map shows which countries export or import more of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459. Each country is colored based on the difference in exports and imports of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 were China ($8.31M), United States ($4.08M), Italy ($2.91M), Netherlands ($1.89M), and Chinese Taipei ($1.86M).

In 2022, the countries that had a largest trade value in imports than in exports of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 were India ($4.54M), Russia ($2.04M), Indonesia ($1.96M), Canada ($1.29M), and United Arab Emirates ($997k).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459.
It is possible to select the main countries that export or import Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machine-tools; for boring by removing metal, not numerically controlled boring machines, n.e.c. in heading 8459 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 (2022)

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