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845951 (Harmonized System 1992 for 6-digit)

2023
World Trade $74.1MRnk 4202 / 4644
2023
Top Exporter | Top Importer $34.2M | $12.2MSwitzerland | France
2023
Product Complexity 1.7Rnk 87 / 4656
2022 - 2023
Export Growth (CAGR) 33.2%Rnk 132 / 4644
2023
Share of World Trade 0.00033%Rnk 4202 / 4644

About

Overview This page contains the latest trade data of Milling machines, knee-type num controlled for metal. In 2023, Milling machines, knee-type num controlled for metal were the world's 4202nd most traded product, with a total trade of $74.1M. Between 2022 and 2023 the exports of Milling machines, knee-type num controlled for metal grew by 33.2%, from $55.6M to $74.1M. Trade in Milling machines, knee-type num controlled for metal represent 0.00033% of total world trade.

Milling machines, knee-type num controlled for metal are a part of Drilling Machines.

Exports In 2023 the top exporters of Milling machines, knee-type num controlled for metal  were Switzerland ($34.2M), China ($11M), Germany ($4.62M), Chinese Taipei ($4.57M), and United States ($2.96M).

Imports In 2023 the top importers of Milling machines, knee-type num controlled for metal were France ($12.2M), India ($8.59M), Italy ($7.68M), China ($5.82M), and Germany ($5.53M).

Ranking Milling machines, knee-type num controlled for metal ranks 87th in the Product Complexity Index (PCI).

Description A milling machine is a machine tool that cuts flat surfaces on the workpiece by means of a cutter. A knee-type milling machine is a machine with a worktable that swings up and down, controlled by a num or knee-lever on the front of the machine.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Milling machines, knee-type num controlled for metal. 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)Switzerland$34.2M
Top Destination (2023)France$12.2M

In 2023 Milling machines, knee-type num controlled for metal were the world's 4202nd most traded product (out of 4,644).

In 2023, the top exporters of Milling machines, knee-type num controlled for metal were Switzerland ($34.2M), China ($11M), Germany ($4.62M), Chinese Taipei ($4.57M), and United States ($2.96M).

In 2023, the top importers of Milling machines, knee-type num controlled for metal were France ($12.2M), India ($8.59M), Italy ($7.68M), China ($5.82M), and Germany ($5.53M).

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Exporters of Milling machines, knee-type num controlled for metal (2023)
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Importers of Milling machines, knee-type num controlled for metal (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Switzerland$17.7M
Top Destination Growth (2022 -  2023)China$5.2M

Between 2022 and 2023, the exports of Milling machines, knee-type num controlled for metal grew the fastest in Switzerland ($17.7M), China ($3.56M), France ($1.27M), Sweden ($964k), and Austria ($720k).

Between 2022 and 2023, the fastest growing importers of Milling machines, knee-type num controlled for metal were China ($5.2M), Italy ($4.92M), France ($4.87M), Germany ($2.09M), and Turkey ($1.81M).

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Exporters of Milling machines, knee-type num controlled for metal (2022 - 2023)

Importers of Milling machines, knee-type num controlled for metal (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Milling machines, knee-type num controlled for metal.

In 2023, market concentration measured using Shannon Entropy, was 2.98. This means that most of the exports of Milling machines, knee-type num controlled for metal are explained by 7 countries.

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Value of Exports in Milling machines, knee-type num controlled for metal

Net Trade

TOP NET EXPORTER (2023)Switzerland$33.3M
TOP NET IMPORTER (2023)France$9.47M

This map shows which countries export or import more of Milling machines, knee-type num controlled for metal. Each country is colored based on the difference in exports and imports of Milling machines, knee-type num controlled for metal during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Milling machines, knee-type num controlled for metal were Switzerland ($33.3M), China ($5.15M), Chinese Taipei ($4.5M), Spain ($1.65M), and Japan ($1.48M).

In 2023, the countries that had a largest trade value in imports than in exports of Milling machines, knee-type num controlled for metal were France ($9.47M), India ($8.36M), Italy ($5.86M), Mexico ($2.73M), and Turkey ($2.16M).

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 Milling machines, knee-type num controlled for metal.
It is possible to select the main countries that export or import Milling machines, knee-type num controlled for metal in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Milling machines, knee-type num controlled for metal 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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