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846021 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.65BRnk 1598 / 4644
2023
Top Exporter | Top Importer $427M | $454MGermany | China
2023
Product Complexity 1.8Rnk 53 / 4656
2022 - 2023
Export Growth (CAGR) 12.7%Rnk 524 / 4644
2023
Share of World Trade 0.0073%Rnk 1598 / 4644

About

Overview This page contains the latest trade data of Num controlled grinding machines nes, accuracy 0.01mm. In 2023, Num controlled grinding machines nes, accuracy 0.01mm were the world's 1598th most traded product, with a total trade of $1.65B. Between 2022 and 2023 the exports of Num controlled grinding machines nes, accuracy 0.01mm grew by 12.7%, from $1.46B to $1.65B. Trade in Num controlled grinding machines nes, accuracy 0.01mm represent 0.0073% of total world trade.

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

Exports In 2023 the top exporters of Num controlled grinding machines nes, accuracy 0.01mm  were Germany ($427M), Switzerland ($342M), Japan ($253M), Czechia ($140M), and Italy ($90.5M).

Imports In 2023 the top importers of Num controlled grinding machines nes, accuracy 0.01mm were China ($454M), United States ($211M), Germany ($200M), India ($114M), and Mexico ($49.9M).

Ranking Num controlled grinding machines nes, accuracy 0.01mm ranks 53rd in the Product Complexity Index (PCI).

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 (2023)Germany$427M
Top Destination (2023)China$454M

In 2023 Num controlled grinding machines nes, accuracy 0.01mm were the world's 1598th most traded product (out of 4,644).

In 2023, the top exporters of Num controlled grinding machines nes, accuracy 0.01mm were Germany ($427M), Switzerland ($342M), Japan ($253M), Czechia ($140M), and Italy ($90.5M).

In 2023, the top importers of Num controlled grinding machines nes, accuracy 0.01mm were China ($454M), United States ($211M), Germany ($200M), India ($114M), and Mexico ($49.9M).

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Exporters of Num controlled grinding machines nes, accuracy 0.01mm (2023)
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Importers of Num controlled grinding machines nes, accuracy 0.01mm (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$111M
Top Destination Growth (2022 -  2023)Germany$51.4M

Between 2022 and 2023, the exports of Num controlled grinding machines nes, accuracy 0.01mm grew the fastest in Germany ($111M), Czechia ($26.2M), Italy ($24.5M), Spain ($24.4M), and United Kingdom ($17.7M).

Between 2022 and 2023, the fastest growing importers of Num controlled grinding machines nes, accuracy 0.01mm were Germany ($51.4M), United States ($38.8M), India ($27.2M), China ($26.2M), and Russia ($16.9M).

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Exporters of Num controlled grinding machines nes, accuracy 0.01mm (2022 - 2023)

Importers of Num controlled grinding machines nes, accuracy 0.01mm (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.33. This means that most of the exports of Num controlled grinding machines nes, accuracy 0.01mm are explained by 10 countries.

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

Net Trade

TOP NET EXPORTER (2023)Switzerland$316M
TOP NET IMPORTER (2023)China$389M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Num controlled grinding machines nes, accuracy 0.01mm were Switzerland ($316M), Germany ($227M), Japan ($226M), Czechia ($124M), and Chinese Taipei ($45.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Num controlled grinding machines nes, accuracy 0.01mm were China ($389M), United States ($172M), India ($109M), Mexico ($49.3M), and Turkey ($41.8M).

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 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 (2023)

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