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846120 (Harmonized System 1992 for 6-digit)

2023
World Trade $72MRnk 4211 / 4644
2023
Top Exporter | Top Importer $23.5M | $14.1MGermany | United States
2023
Product Complexity 0.36Rnk 1925 / 4656
2022 - 2023
Export Growth (CAGR) 20%Rnk 291 / 4644
2023
Share of World Trade 0.00032%Rnk 4211 / 4644

About

Overview This page contains the latest trade data of Metal shaping or slotting machines. In 2023, Metal shaping or slotting machines were the world's 4211th most traded product, with a total trade of $72M. Between 2022 and 2023 the exports of Metal shaping or slotting machines grew by 20%, from $60M to $72M. Trade in Metal shaping or slotting machines represent 0.00032% of total world trade.

Metal shaping or slotting machines are a part of Metalworking Machines.

Exports In 2023 the top exporters of Metal shaping or slotting machines  were Germany ($23.5M), China ($9.89M), Italy ($7.12M), India ($5.75M), and United States ($5.23M).

Imports In 2023 the top importers of Metal shaping or slotting machines were United States ($14.1M), China ($8.63M), Canada ($4.85M), Slovenia ($4.37M), and Turkey ($3.82M).

Ranking Metal shaping or slotting machines ranks 1925th in the Product Complexity Index (PCI).

Description Metal shaping or slotting machines are used to shape or cut metal in various shapes. They can be used to cut out pieces of metal or to make a slot in the metal.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Metal shaping or slotting machines. 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$23.5M
Top Destination (2023)United States$14.1M

In 2023 Metal shaping or slotting machines were the world's 4211th most traded product (out of 4,644).

In 2023, the top exporters of Metal shaping or slotting machines were Germany ($23.5M), China ($9.89M), Italy ($7.12M), India ($5.75M), and United States ($5.23M).

In 2023, the top importers of Metal shaping or slotting machines were United States ($14.1M), China ($8.63M), Canada ($4.85M), Slovenia ($4.37M), and Turkey ($3.82M).

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Exporters of Metal shaping or slotting machines (2023)
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Importers of Metal shaping or slotting machines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$6.37M
Top Destination Growth (2022 -  2023)China$5.21M

Between 2022 and 2023, the exports of Metal shaping or slotting machines grew the fastest in Germany ($6.37M), Italy ($3.87M), United States ($2.31M), Switzerland ($1.55M), and Chinese Taipei ($1.36M).

Between 2022 and 2023, the fastest growing importers of Metal shaping or slotting machines were China ($5.21M), Slovenia ($4.36M), United States ($2.98M), Canada ($2.89M), and Turkey ($2.14M).

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Exporters of Metal shaping or slotting machines (2022 - 2023)

Importers of Metal shaping or slotting machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Metal shaping or slotting machines.

In 2023, market concentration measured using Shannon Entropy, was 3.52. This means that most of the exports of Metal shaping or slotting machines are explained by 11 countries.

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Value of Exports in Metal shaping or slotting machines

Net Trade

TOP NET EXPORTER (2023)Germany$22M
TOP NET IMPORTER (2023)United States$8.87M

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

In 2023, the countries that had a largest trade value in exports than in imports of Metal shaping or slotting machines were Germany ($22M), Italy ($3.64M), Chinese Taipei ($2.42M), India ($2.03M), and China ($1.26M).

In 2023, the countries that had a largest trade value in imports than in exports of Metal shaping or slotting machines were United States ($8.87M), Slovenia ($4.36M), Turkey ($3.64M), Canada ($2.24M), and Indonesia ($1.99M).

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

Top 10 Exporters Countries of Metal shaping or slotting machines 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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