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846120 (Harmonized System 1992 for 6-digit)

2022
World Trade $53.1MRnk 4337 / 4648
2022
Top Exporter | Top Importer $20.8M | $7.48MGermany | United States
2022
Product Complexity 0.51Rnk 1617 / 4653
2021 - 2022
Export Growth (CAGR) -31.8%Rnk 4463 / 4648
2022
Share of World Trade 0.00022%Rnk 4337 / 4648

About

Overview This page contains the latest trade data of Metal shaping or slotting machines. In 2022, Metal shaping or slotting machines were the world's 4337th most traded product, with a total trade of $53.1M. Between 2021 and 2022 the exports of Metal shaping or slotting machines decreased by -31.8%, from $77.8M to $53.1M. Trade in Metal shaping or slotting machines represent 0.00022% of total world trade.

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

Exports In 2022 the top exporters of Metal shaping or slotting machines  were Germany ($20.8M), China ($5.48M), India ($4.91M), United States ($4.06M), and Italy ($2.6M).

Imports In 2022 the top importers of Metal shaping or slotting machines were United States ($7.48M), Italy ($5.17M), China ($3.4M), Japan ($2.5M), and India ($2.48M).

Ranking Metal shaping or slotting machines ranks 1617th 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 (2022)Germany$20.8M
Top Destination (2022)United States$7.48M

In 2022 Metal shaping or slotting machines were the world's 4337th most traded product (out of 4,648).

In 2022, the top exporters of Metal shaping or slotting machines were Germany ($20.8M), China ($5.48M), India ($4.91M), United States ($4.06M), and Italy ($2.6M).

In 2022, the top importers of Metal shaping or slotting machines were United States ($7.48M), Italy ($5.17M), China ($3.4M), Japan ($2.5M), and India ($2.48M).

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Exporters of Metal shaping or slotting machines (2022)
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Importers of Metal shaping or slotting machines (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$1.41M
Top Destination Growth (2021 -  2022)Japan$1.66M

Between 2021 and 2022, the exports of Metal shaping or slotting machines grew the fastest in Canada ($1.41M), India ($925k), South Korea ($613k), Turkey ($442k), and Norway ($275k).

Between 2021 and 2022, the fastest growing importers of Metal shaping or slotting machines were Japan ($1.66M), Switzerland ($1.48M), Indonesia ($1.38M), United Arab Emirates ($837k), and France ($786k).

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Exporters of Metal shaping or slotting machines (2021 - 2022)

Importers of Metal shaping or slotting machines (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.42. This means that most of the exports of Metal shaping or slotting machines are explained by 10 countries.

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Value of Exports in Metal shaping or slotting machines

Net Trade

TOP NET EXPORTER (2022)Germany$20.1M
TOP NET IMPORTER (2022)United States$3.41M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Metal shaping or slotting machines were Germany ($20.1M), India ($2.43M), China ($2.09M), Canada ($1.08M), and South Korea ($905k).

In 2022, the countries that had a largest trade value in imports than in exports of Metal shaping or slotting machines were United States ($3.41M), Italy ($2.57M), Indonesia ($2.33M), Mexico ($1.54M), and Switzerland ($1.48M).

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 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 (2022)

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