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846231 (Harmonized System 1992 for 6-digit)

2023
World Trade $162MRnk 3805 / 4644
2023
Top Exporter | Top Importer $53.8M | $16.3MChina | China
2023
Product Complexity 0.64Rnk 1412 / 4656
2022 - 2023
Export Growth (CAGR) 8.74%Rnk 760 / 4644
2023
Share of World Trade 0.00072%Rnk 3805 / 4644

About

Overview This page contains the latest trade data of Num controlled shearing (non-punching) machine tools. In 2023, Num controlled shearing (non-punching) machine tools were the world's 3805th most traded product, with a total trade of $162M. Between 2022 and 2023 the exports of Num controlled shearing (non-punching) machine tools grew by 8.74%, from $149M to $162M. Trade in Num controlled shearing (non-punching) machine tools represent 0.00072% of total world trade.

Num controlled shearing (non-punching) machine tools are a part of Forging Machines.

Exports In 2023 the top exporters of Num controlled shearing (non-punching) machine tools  were China ($53.8M), Turkey ($23.7M), Germany ($16.1M), Italy ($14.1M), and South Korea ($10.7M).

Imports In 2023 the top importers of Num controlled shearing (non-punching) machine tools were China ($16.3M), United States ($11.3M), Germany ($7.76M), Australia ($6.26M), and Vietnam ($6.11M).

Ranking Num controlled shearing (non-punching) machine tools ranks 1412th in the Product Complexity Index (PCI).

Description These machines are used to cut sheet metal. They can punch holes in the metal or shear the metal.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Num controlled shearing (non-punching) machine tools. 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)China$53.8M
Top Destination (2023)China$16.3M

In 2023 Num controlled shearing (non-punching) machine tools were the world's 3805th most traded product (out of 4,644).

In 2023, the top exporters of Num controlled shearing (non-punching) machine tools were China ($53.8M), Turkey ($23.7M), Germany ($16.1M), Italy ($14.1M), and South Korea ($10.7M).

In 2023, the top importers of Num controlled shearing (non-punching) machine tools were China ($16.3M), United States ($11.3M), Germany ($7.76M), Australia ($6.26M), and Vietnam ($6.11M).

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Exporters of Num controlled shearing (non-punching) machine tools (2023)
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Importers of Num controlled shearing (non-punching) machine tools (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$7.6M
Top Destination Growth (2022 -  2023)China$4.34M

Between 2022 and 2023, the exports of Num controlled shearing (non-punching) machine tools grew the fastest in South Korea ($7.6M), Germany ($4.99M), United States ($4.14M), Italy ($4M), and China ($2.03M).

Between 2022 and 2023, the fastest growing importers of Num controlled shearing (non-punching) machine tools were China ($4.34M), Spain ($2.9M), India ($2.77M), Mexico ($2.11M), and Romania ($1.93M).

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Exporters of Num controlled shearing (non-punching) machine tools (2022 - 2023)

Importers of Num controlled shearing (non-punching) machine tools (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Num controlled shearing (non-punching) machine tools.

In 2023, market concentration measured using Shannon Entropy, was 3.45. This means that most of the exports of Num controlled shearing (non-punching) machine tools are explained by 10 countries.

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Value of Exports in Num controlled shearing (non-punching) machine tools

Net Trade

TOP NET EXPORTER (2023)China$37.5M
TOP NET IMPORTER (2023)Australia$6.23M

This map shows which countries export or import more of Num controlled shearing (non-punching) machine tools. Each country is colored based on the difference in exports and imports of Num controlled shearing (non-punching) machine tools during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Num controlled shearing (non-punching) machine tools were China ($37.5M), Turkey ($21M), South Korea ($8.9M), Italy ($8.37M), and Germany ($8.29M).

In 2023, the countries that had a largest trade value in imports than in exports of Num controlled shearing (non-punching) machine tools were Australia ($6.23M), Vietnam ($6.08M), Saudi Arabia ($5.33M), India ($5.27M), and Mexico ($5.17M).

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 shearing (non-punching) machine tools.
It is possible to select the main countries that export or import Num controlled shearing (non-punching) machine tools in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Num controlled shearing (non-punching) machine tools 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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