846520 (Harmonized System 2017 for 6-digit)

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Overview This page contains the latest trade data of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres. In 2022, Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were the world's 2957th most traded product, with a total trade of $598M. Between 2021 and 2022 the exports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres grew by 10.3%, from $542M to $598M. Trade in Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres represent 0.0025% of total world trade.

Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres are a part of Machine-tools; (including machines for nailing, stapling, glueing or otherwise assembling) for working....

Exports In 2022 the top exporters of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres  were Germany ($238M), Italy ($116M), Austria ($51.8M), China ($47.6M), and India ($23.2M).

Imports In 2022 the top importers of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were United States ($67.7M), Austria ($42.5M), France ($37.5M), Germany ($35.4M), and United Kingdom ($28.2M).

Ranking Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres ranks 1431st in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres. 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)Germany$238M
Top Destination (2022)United States$67.7M

In 2022 Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were the world's 2957th most traded product (out of 5,380).

In 2022, the top exporters of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were Germany ($238M), Italy ($116M), Austria ($51.8M), China ($47.6M), and India ($23.2M).

In 2022, the top importers of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were United States ($67.7M), Austria ($42.5M), France ($37.5M), Germany ($35.4M), and United Kingdom ($28.2M).

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Exporters of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres (2022)
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Importers of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$54.1M
Top Destination Growth (2021 -  2022)Austria$18.4M

Between 2021 and 2022, the exports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres grew the fastest in Germany ($54.1M), Denmark ($16.2M), China ($6.81M), India ($5.97M), and United States ($4.16M).

Between 2021 and 2022, the fastest growing importers of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were Austria ($18.4M), United States ($9.24M), Argentina ($8.34M), United Kingdom ($8.13M), and Canada ($7.81M).

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Exporters of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres (2021 - 2022)

Importers of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres.

In 2022, market concentration measured using Shannon Entropy, was 3.13. This means that most of the exports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres are explained by 8 countries.

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Value of Exports in Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres

Net Trade

TOP NET EXPORTER (2022)Germany$202M
TOP NET IMPORTER (2022)United States$51.7M

This map shows which countries export or import more of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres. Each country is colored based on the difference in exports and imports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were Germany ($202M), Italy ($93.8M), China ($37.3M), India ($20.9M), and Denmark ($12.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres were United States ($51.7M), France ($33.2M), United Kingdom ($24.4M), Belgium ($21.5M), and Netherlands ($20.4M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres.
It is possible to select the main countries that export or import Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machine-tools; for working wood, cork, bone, hard rubber, hard plastics or similar hard materials; machining centres 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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