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902410 (Harmonized System 1992 for 6-digit)

2023
World Trade $609MRnk 2648 / 4644
2023
Top Exporter | Top Importer $103M | $93.1MGermany | China
2023
Product Complexity 1.27Rnk 370 / 4656
2022 - 2023
Export Growth (CAGR) 10.3%Rnk 672 / 4644
2023
Share of World Trade 0.0027%Rnk 2648 / 4644

About

Overview This page contains the latest trade data of Machines for testing mechanical properties of metals. In 2023, Machines for testing mechanical properties of metals were the world's 2648th most traded product, with a total trade of $609M. Between 2022 and 2023 the exports of Machines for testing mechanical properties of metals grew by 10.3%, from $552M to $609M. Trade in Machines for testing mechanical properties of metals represent 0.0027% of total world trade.

Machines for testing mechanical properties of metals are a part of Tensile Testing Machines.

Exports In 2023 the top exporters of Machines for testing mechanical properties of metals  were Germany ($103M), United States ($102M), China ($70.3M), United Kingdom ($55.9M), and Switzerland ($38.7M).

Imports In 2023 the top importers of Machines for testing mechanical properties of metals were China ($93.1M), United States ($68.4M), Germany ($36M), South Korea ($26.6M), and Vietnam ($23.6M).

Ranking Machines for testing mechanical properties of metals ranks 370th in the Product Complexity Index (PCI).

Description Mechanical properties of metals can be tested using machines. They can be used to determine the hardness, tensile strength, elasticity, and ductility of a metal.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machines for testing mechanical properties of metals. 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$103M
Top Destination (2023)China$93.1M

In 2023 Machines for testing mechanical properties of metals were the world's 2648th most traded product (out of 4,644).

In 2023, the top exporters of Machines for testing mechanical properties of metals were Germany ($103M), United States ($102M), China ($70.3M), United Kingdom ($55.9M), and Switzerland ($38.7M).

In 2023, the top importers of Machines for testing mechanical properties of metals were China ($93.1M), United States ($68.4M), Germany ($36M), South Korea ($26.6M), and Vietnam ($23.6M).

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Exporters of Machines for testing mechanical properties of metals (2023)
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Importers of Machines for testing mechanical properties of metals (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$16.4M
Top Destination Growth (2022 -  2023)Vietnam$11.1M

Between 2022 and 2023, the exports of Machines for testing mechanical properties of metals grew the fastest in China ($16.4M), Switzerland ($11M), Malaysia ($10.9M), United Kingdom ($9.44M), and Canada ($5.57M).

Between 2022 and 2023, the fastest growing importers of Machines for testing mechanical properties of metals were Vietnam ($11.1M), Japan ($10.1M), Malaysia ($8.19M), India ($6.24M), and United States ($6.04M).

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Exporters of Machines for testing mechanical properties of metals (2022 - 2023)

Importers of Machines for testing mechanical properties of metals (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machines for testing mechanical properties of metals.

In 2023, market concentration measured using Shannon Entropy, was 4.13. This means that most of the exports of Machines for testing mechanical properties of metals are explained by 17 countries.

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Value of Exports in Machines for testing mechanical properties of metals

Net Trade

TOP NET EXPORTER (2023)Germany$66.6M
TOP NET IMPORTER (2023)Vietnam$23.4M

This map shows which countries export or import more of Machines for testing mechanical properties of metals. Each country is colored based on the difference in exports and imports of Machines for testing mechanical properties of metals during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machines for testing mechanical properties of metals were Germany ($66.6M), United Kingdom ($37.9M), United States ($33.2M), Switzerland ($30.7M), and Austria ($16.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Machines for testing mechanical properties of metals were Vietnam ($23.4M), China ($22.8M), South Korea ($18.9M), Mexico ($17.9M), and India ($12.8M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Machines for testing mechanical properties of metals 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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