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846190 (Harmonized System 1992 for 6-digit)

2023
World Trade $241MRnk 3524 / 4644
2023
Top Exporter | Top Importer $65.4M | $36.9MChina | United States
2023
Product Complexity 0.92Rnk 910 / 4656
2022 - 2023
Export Growth (CAGR) 11.7%Rnk 587 / 4644
2023
Share of World Trade 0.0011%Rnk 3524 / 4644

About

Overview This page contains the latest trade data of Metal cuttting, shaping, filing, engrave machines, ne. In 2023, Metal cuttting, shaping, filing, engrave machines, ne were the world's 3524th most traded product, with a total trade of $241M. Between 2022 and 2023 the exports of Metal cuttting, shaping, filing, engrave machines, ne grew by 11.7%, from $216M to $241M. Trade in Metal cuttting, shaping, filing, engrave machines, ne represent 0.0011% of total world trade.

Metal cuttting, shaping, filing, engrave machines, ne are a part of Metalworking Machines.

Exports In 2023 the top exporters of Metal cuttting, shaping, filing, engrave machines, ne  were China ($65.4M), United States ($22.9M), Italy ($20.2M), Germany ($16.9M), and Japan ($14.8M).

Imports In 2023 the top importers of Metal cuttting, shaping, filing, engrave machines, ne were United States ($36.9M), India ($20.5M), Thailand ($12.6M), Canada ($11.2M), and Norway ($8.97M).

Ranking Metal cuttting, shaping, filing, engrave machines, ne ranks 910th in the Product Complexity Index (PCI).

Description Metal cutting machines are often used to cut metal to specified sizes or to cut pieces of metal that are to be used for construction. It is also often used to cut metal pieces that are to be used for industrial purposes or as raw materials. The most common types of metal cutting machines are saws and lathes. Saw blades are typically used to cut metal into smaller pieces while lathes are typically used to shape metal into a desired size. Files are typically used to remove rough edges or for cosmetic purposes. Engrave machines are typically used to engrave metal with a design or text.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Metal cuttting, shaping, filing, engrave machines, ne. 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$65.4M
Top Destination (2023)United States$36.9M

In 2023 Metal cuttting, shaping, filing, engrave machines, ne were the world's 3524th most traded product (out of 4,644).

In 2023, the top exporters of Metal cuttting, shaping, filing, engrave machines, ne were China ($65.4M), United States ($22.9M), Italy ($20.2M), Germany ($16.9M), and Japan ($14.8M).

In 2023, the top importers of Metal cuttting, shaping, filing, engrave machines, ne were United States ($36.9M), India ($20.5M), Thailand ($12.6M), Canada ($11.2M), and Norway ($8.97M).

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Exporters of Metal cuttting, shaping, filing, engrave machines, ne (2023)
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Importers of Metal cuttting, shaping, filing, engrave machines, ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$17M
Top Destination Growth (2022 -  2023)India$10.3M

Between 2022 and 2023, the exports of Metal cuttting, shaping, filing, engrave machines, ne grew the fastest in China ($17M), Spain ($2.95M), Germany ($2.9M), Malaysia ($2.87M), and Switzerland ($2.16M).

Between 2022 and 2023, the fastest growing importers of Metal cuttting, shaping, filing, engrave machines, ne were India ($10.3M), Norway ($7.78M), Thailand ($5.05M), Turkey ($4.26M), and Canada ($3.6M).

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Exporters of Metal cuttting, shaping, filing, engrave machines, ne (2022 - 2023)

Importers of Metal cuttting, shaping, filing, engrave machines, ne (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Metal cuttting, shaping, filing, engrave machines, ne.

In 2023, market concentration measured using Shannon Entropy, was 4.11. This means that most of the exports of Metal cuttting, shaping, filing, engrave machines, ne are explained by 17 countries.

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Value of Exports in Metal cuttting, shaping, filing, engrave machines, ne

Net Trade

TOP NET EXPORTER (2023)China$59.9M
TOP NET IMPORTER (2023)India$16.5M

This map shows which countries export or import more of Metal cuttting, shaping, filing, engrave machines, ne. Each country is colored based on the difference in exports and imports of Metal cuttting, shaping, filing, engrave machines, ne during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Metal cuttting, shaping, filing, engrave machines, ne were China ($59.9M), Italy ($17M), Japan ($12.7M), Germany ($10.2M), and South Korea ($8.61M).

In 2023, the countries that had a largest trade value in imports than in exports of Metal cuttting, shaping, filing, engrave machines, ne were India ($16.5M), United States ($13.9M), Thailand ($12.1M), Canada ($8.7M), and Norway ($8.43M).

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 Metal cuttting, shaping, filing, engrave machines, ne.
It is possible to select the main countries that export or import Metal cuttting, shaping, filing, engrave machines, ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Metal cuttting, shaping, filing, engrave machines, ne 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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