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845612 (Harmonized System 2017 for 6-digit)

2022
World Trade $82.2MRnk 4677 / 5380
2022
Top Exporter | Top Importer $25.9M | $9.47MSpain | Bangladesh
2022
Product Complexity 1.2Rnk 545 / 5381
2021 - 2022
Export Growth (CAGR) -19.6%Rnk 5003 / 5380
2022
Share of World Trade 0.00034%Rnk 4677 / 5380

About

Overview This page contains the latest trade data of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser). In 2022, Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) were the world's 4677th most traded product, with a total trade of $82.2M. Between 2021 and 2022 the exports of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) decreased by -19.6%, from $102M to $82.2M. Trade in Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) represent 0.00034% of total world trade.

Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) are a part of Machine-tools; for working any material by removal of material, by laser or....

Exports In 2022 the top exporters of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser)  were Spain ($25.9M), United States ($8.18M), Germany ($7.23M), China ($6.99M), and Japan ($5.14M).

Imports In 2022 the top importers of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) were Bangladesh ($9.47M), Chinese Taipei ($9.36M), China ($7.1M), Mexico ($5.09M), and Netherlands ($4.44M).

Ranking Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) ranks 545th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser). Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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)Spain$25.9M
Top Destination (2022)Bangladesh$9.47M

In 2022 Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) were the world's 4677th most traded product (out of 5,380).

In 2022, the top exporters of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) were Spain ($25.9M), United States ($8.18M), Germany ($7.23M), China ($6.99M), and Japan ($5.14M).

In 2022, the top importers of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) were Bangladesh ($9.47M), Chinese Taipei ($9.36M), China ($7.1M), Mexico ($5.09M), and Netherlands ($4.44M).

Explore Visualizations

Exporters of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) (2022)
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Importers of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Netherlands$2.21M
Top Destination Growth (2021 -  2022)Bangladesh$2.79M

Between 2021 and 2022, the exports of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) grew the fastest in Netherlands ($2.21M), Belgium ($1.44M), Turkey ($1.34M), India ($857k), and South Korea ($845k).

Between 2021 and 2022, the fastest growing importers of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) were Bangladesh ($2.79M), Germany ($2.46M), Mexico ($2.14M), Canada ($1.41M), and Netherlands ($1.2M).

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Exporters of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) (2021 - 2022)

Importers of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser).

In 2022, market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) are explained by 12 countries.

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Value of Exports in Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser)

Net Trade

TOP NET EXPORTER (2022)Spain$25.5M
TOP NET IMPORTER (2022)Chinese Taipei$7.43M

This map shows which countries export or import more of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser). Each country is colored based on the difference in exports and imports of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) were Spain ($25.5M), Israel ($5.12M), United States ($4.13M), Germany ($3.73M), and Japan ($3.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) were Chinese Taipei ($7.43M), Mexico ($5.02M), Canada ($2.11M), Thailand ($1.83M), and Vietnam ($1.63M).

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 working any material by removal of material; operated by other light or photon beam processes (not laser).
It is possible to select the main countries that export or import Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machine-tools; for working any material by removal of material; operated by other light or photon beam processes (not laser) 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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