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Machine-tools; bending, folding, straightening or flattening machines (including press brakes) for flat products, for working metal, numerically controlled

846222 (Harmonized System 2022 for 6-digit)

2023
World Trade $498MRnk 3133 / 5606
2023
Top Exporter | Top Importer $141M | $82.9MItaly | United States
2023
Product Complexity 0.41Rnk 2193 / 5606
2022 - 2023
Export Growth (CAGR) 15.8%Rnk 673 / 5606
2023
Share of World Trade 0.0022%Rnk 3133 / 5606

About

Overview This page contains the latest trade data of NC metal bending/folding machines. In 2023, NC metal bending/folding machines were the world's 3133rd most traded product, with a total trade of $498M. Between 2022 and 2023 the exports of NC metal bending/folding machines grew by 15.8%, from $430M to $498M. Trade in NC metal bending/folding machines represent 0.0022% of total world trade.

NC metal bending/folding machines are a part of Forging Machines.

Exports In 2023 the top exporters of NC metal bending/folding machines  were Italy ($141M), China ($72.3M), Switzerland ($53.5M), Germany ($30.8M), and United States ($26.7M).

Imports In 2023 the top importers of NC metal bending/folding machines were United States ($82.9M), Mexico ($36.2M), Germany ($22.2M), Canada ($21.5M), and China ($21.2M).

Ranking NC metal bending/folding machines ranks 2193rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on NC metal bending/folding 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)Italy$141M
Top Destination (2023)United States$82.9M

In 2023 NC metal bending/folding machines were the world's 3133rd most traded product (out of 5,606).

In 2023, the top exporters of NC metal bending/folding machines were Italy ($141M), China ($72.3M), Switzerland ($53.5M), Germany ($30.8M), and United States ($26.7M).

In 2023, the top importers of NC metal bending/folding machines were United States ($82.9M), Mexico ($36.2M), Germany ($22.2M), Canada ($21.5M), and China ($21.2M).

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Exporters of NC metal bending/folding machines (2023)
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Importers of NC metal bending/folding machines (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)Italy$24.8M
Top Destination Growth (2022 -  2023)United States$17.8M

Between 2022 and 2023, the exports of NC metal bending/folding machines grew the fastest in Italy ($24.8M), China ($12.7M), Spain ($7.99M), Switzerland ($6.39M), and Austria ($6.14M).

Between 2022 and 2023, the fastest growing importers of NC metal bending/folding machines were United States ($17.8M), Uzbekistan ($10.9M), Mexico ($9.13M), Slovenia ($8.91M), and Netherlands ($8.76M).

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Exporters of NC metal bending/folding machines (2022 - 2023)

Importers of NC metal bending/folding machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of NC metal bending/folding machines.

In 2023, market concentration measured using Shannon Entropy, was 3.87. This means that most of the exports of NC metal bending/folding machines are explained by 14 countries.

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Value of Exports in NC metal bending/folding machines

Net Trade

Year
TOP NET EXPORTER (2023)Italy$128M
TOP NET IMPORTER (2023)United States$56.2M

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

In 2023, the countries that had a largest trade value in exports than in imports of NC metal bending/folding machines were Italy ($128M), China ($51.1M), Switzerland ($50.1M), Turkey ($15.3M), and Austria ($11.7M).

In 2023, the countries that had a largest trade value in imports than in exports of NC metal bending/folding machines were United States ($56.2M), Mexico ($35.9M), Canada ($17.9M), Uzbekistan ($11.4M), and Russia ($11.4M).

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

Top 10 Exporters Countries of NC metal bending/folding 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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