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Machine-tools; (including presses) for working metal by forging, hammering or die-forging, for bending, folding, straightening, flattening, shearing, punching, notching or nibbling metal, n.e.c. in heading 8462

846290 (Harmonized System 2022 for 6-digit)

2023
World Trade $1.25BRnk 2015 / 5606
2023
Top Exporter | Top Importer $248M | $164MSouth Korea | Indonesia
2023
Product Complexity 1.05Rnk 812 / 5606
2022 - 2023
Export Growth (CAGR) 16.6%Rnk 631 / 5606
2023
Share of World Trade 0.0055%Rnk 2015 / 5606

About

Overview This page contains the latest trade data of Miscellaneous metal working machines. In 2023, Miscellaneous metal working machines were the world's 2015th most traded product, with a total trade of $1.25B. Between 2022 and 2023 the exports of Miscellaneous metal working machines grew by 16.6%, from $1.07B to $1.25B. Trade in Miscellaneous metal working machines represent 0.0055% of total world trade.

Miscellaneous metal working machines are a part of Forging Machines.

Exports In 2023 the top exporters of Miscellaneous metal working machines  were South Korea ($248M), China ($167M), Italy ($135M), Germany ($132M), and Turkey ($89.2M).

Imports In 2023 the top importers of Miscellaneous metal working machines were Indonesia ($164M), United States ($151M), India ($57M), Mexico ($50.5M), and Germany ($49M).

Ranking Miscellaneous metal working machines ranks 812th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Miscellaneous metal working 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

Year
Top Origin (2023)South Korea$248M
Top Destination (2023)Indonesia$164M

In 2023 Miscellaneous metal working machines were the world's 2015th most traded product (out of 5,606).

In 2023, the top exporters of Miscellaneous metal working machines were South Korea ($248M), China ($167M), Italy ($135M), Germany ($132M), and Turkey ($89.2M).

In 2023, the top importers of Miscellaneous metal working machines were Indonesia ($164M), United States ($151M), India ($57M), Mexico ($50.5M), and Germany ($49M).

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Exporters of Miscellaneous metal working machines (2023)
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Importers of Miscellaneous metal working machines (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)South Korea$186M
Top Destination Growth (2022 -  2023)Indonesia$132M

Between 2022 and 2023, the exports of Miscellaneous metal working machines grew the fastest in South Korea ($186M), Turkey ($35.5M), United Kingdom ($15.7M), Belgium ($13.7M), and Sweden ($11.2M).

Between 2022 and 2023, the fastest growing importers of Miscellaneous metal working machines were Indonesia ($132M), United States ($47.9M), Finland ($23.4M), Hungary ($22.7M), and Malaysia ($17.3M).

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Exporters of Miscellaneous metal working machines (2022 - 2023)

Importers of Miscellaneous metal working machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Miscellaneous metal working machines.

In 2023, market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Miscellaneous metal working machines are explained by 16 countries.

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Value of Exports in Miscellaneous metal working machines

Net Trade

Year
TOP NET EXPORTER (2023)South Korea$242M
TOP NET IMPORTER (2023)Indonesia$161M

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

In 2023, the countries that had a largest trade value in exports than in imports of Miscellaneous metal working machines were South Korea ($242M), Italy ($122M), China ($122M), Germany ($83.5M), and Turkey ($55.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Miscellaneous metal working machines were Indonesia ($161M), United States ($103M), Mexico ($49.6M), India ($44.6M), and Poland ($39.2M).

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

Top 10 Exporters Countries of Miscellaneous metal working machines by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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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