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846021 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.57BRnk 1724 / 4648
2022
Top Exporter | Top Importer $387M | $430MGermany | China
2022
Product Complexity 1.82Rnk 56 / 4653
2021 - 2022
Export Growth (CAGR) 5.25%Rnk 2194 / 4648
2022
Share of World Trade 0.0066%Rnk 1724 / 4648

About

Overview This page contains the latest trade data of Num controlled grinding machines nes, accuracy 0.01mm. In 2022, Num controlled grinding machines nes, accuracy 0.01mm were the world's 1724th most traded product, with a total trade of $1.57B. Between 2021 and 2022 the exports of Num controlled grinding machines nes, accuracy 0.01mm grew by 5.25%, from $1.49B to $1.57B. Trade in Num controlled grinding machines nes, accuracy 0.01mm represent 0.0066% of total world trade.

Num controlled grinding machines nes, accuracy 0.01mm are a part of Metal Finishing Machines.

Exports In 2022 the top exporters of Num controlled grinding machines nes, accuracy 0.01mm  were Germany ($387M), Switzerland ($302M), Japan ($300M), Czechia ($139M), and Chinese Taipei ($79.5M).

Imports In 2022 the top importers of Num controlled grinding machines nes, accuracy 0.01mm were China ($430M), United States ($186M), Germany ($133M), India ($103M), and Mexico ($60.1M).

Ranking Num controlled grinding machines nes, accuracy 0.01mm ranks 56th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Num controlled grinding machines nes, accuracy 0.01mm. 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$387M
Top Destination (2022)China$430M

In 2022 Num controlled grinding machines nes, accuracy 0.01mm were the world's 1724th most traded product (out of 4,648).

In 2022, the top exporters of Num controlled grinding machines nes, accuracy 0.01mm were Germany ($387M), Switzerland ($302M), Japan ($300M), Czechia ($139M), and Chinese Taipei ($79.5M).

In 2022, the top importers of Num controlled grinding machines nes, accuracy 0.01mm were China ($430M), United States ($186M), Germany ($133M), India ($103M), and Mexico ($60.1M).

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Exporters of Num controlled grinding machines nes, accuracy 0.01mm (2022)
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Importers of Num controlled grinding machines nes, accuracy 0.01mm (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Switzerland$33.5M
Top Destination Growth (2021 -  2022)United States$58.1M

Between 2021 and 2022, the exports of Num controlled grinding machines nes, accuracy 0.01mm grew the fastest in Switzerland ($33.5M), Chinese Taipei ($27.5M), China ($17.7M), South Korea ($12.8M), and Austria ($11.8M).

Between 2021 and 2022, the fastest growing importers of Num controlled grinding machines nes, accuracy 0.01mm were United States ($58.1M), India ($38.9M), Turkey ($15.5M), Mexico ($14.9M), and Vietnam ($14.4M).

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Exporters of Num controlled grinding machines nes, accuracy 0.01mm (2021 - 2022)

Importers of Num controlled grinding machines nes, accuracy 0.01mm (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Num controlled grinding machines nes, accuracy 0.01mm.

In 2022, market concentration measured using Shannon Entropy, was 3.31. This means that most of the exports of Num controlled grinding machines nes, accuracy 0.01mm are explained by 9 countries.

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Value of Exports in Num controlled grinding machines nes, accuracy 0.01mm

Net Trade

TOP NET EXPORTER (2022)Switzerland$282M
TOP NET IMPORTER (2022)China$374M

This map shows which countries export or import more of Num controlled grinding machines nes, accuracy 0.01mm. Each country is colored based on the difference in exports and imports of Num controlled grinding machines nes, accuracy 0.01mm during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Num controlled grinding machines nes, accuracy 0.01mm were Switzerland ($282M), Japan ($278M), Germany ($254M), Czechia ($116M), and Chinese Taipei ($53.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Num controlled grinding machines nes, accuracy 0.01mm were China ($374M), United States ($134M), India ($99.5M), Mexico ($58.7M), and Turkey ($49.3M).

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 Num controlled grinding machines nes, accuracy 0.01mm.
It is possible to select the main countries that export or import Num controlled grinding machines nes, accuracy 0.01mm in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Num controlled grinding machines nes, accuracy 0.01mm 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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