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846693 (Harmonized System 1992 for 6-digit)

2022
World Trade $7.4BRnk 528 / 4648
2022
Top Exporter | Top Importer $1.24B | $933MGermany | United States
2022
Product Complexity 1.7Rnk 100 / 4653
2021 - 2022
Export Growth (CAGR) 4.04%Rnk 2375 / 4648
2022
Share of World Trade 0.031%Rnk 528 / 4648

About

Overview This page contains the latest trade data of Parts, accessories nes, metal cutting machine tools. In 2022, Parts, accessories nes, metal cutting machine tools were the world's 528th most traded product, with a total trade of $7.4B. Between 2021 and 2022 the exports of Parts, accessories nes, metal cutting machine tools grew by 4.04%, from $7.11B to $7.4B. Trade in Parts, accessories nes, metal cutting machine tools represent 0.031% of total world trade.

Parts, accessories nes, metal cutting machine tools are a part of Metalworking Machine Parts.

Exports In 2022 the top exporters of Parts, accessories nes, metal cutting machine tools  were Germany ($1.24B), China ($887M), United States ($778M), Japan ($744M), and Chinese Taipei ($741M).

Imports In 2022 the top importers of Parts, accessories nes, metal cutting machine tools were United States ($933M), China ($911M), Germany ($791M), Japan ($559M), and Switzerland ($347M).

Ranking Parts, accessories nes, metal cutting machine tools ranks 100th in the Product Complexity Index (PCI).

Description Parts, accessories, and metal cutting machine tools are used in the manufacture of products. Parts are materials used in the construction of items, accessories are the items that help in the construction of a product, and metal cutting machine tools are the tools used to shape metal.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Parts, accessories nes, metal cutting 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 (2022)Germany$1.24B
Top Destination (2022)United States$933M

In 2022 Parts, accessories nes, metal cutting machine tools were the world's 528th most traded product (out of 4,648).

In 2022, the top exporters of Parts, accessories nes, metal cutting machine tools were Germany ($1.24B), China ($887M), United States ($778M), Japan ($744M), and Chinese Taipei ($741M).

In 2022, the top importers of Parts, accessories nes, metal cutting machine tools were United States ($933M), China ($911M), Germany ($791M), Japan ($559M), and Switzerland ($347M).

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Exporters of Parts, accessories nes, metal cutting machine tools (2022)
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Importers of Parts, accessories nes, metal cutting machine tools (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$159M
Top Destination Growth (2021 -  2022)Canada$117M

Between 2021 and 2022, the exports of Parts, accessories nes, metal cutting machine tools grew the fastest in China ($159M), United States ($69M), Netherlands ($36.6M), Poland ($27.3M), and Austria ($26.4M).

Between 2021 and 2022, the fastest growing importers of Parts, accessories nes, metal cutting machine tools were Canada ($117M), Japan ($95.5M), United States ($91.7M), Germany ($69.8M), and Mexico ($41.3M).

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Exporters of Parts, accessories nes, metal cutting machine tools (2021 - 2022)

Importers of Parts, accessories nes, metal cutting machine tools (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts, accessories nes, metal cutting machine tools.

In 2022, market concentration measured using Shannon Entropy, was 4.18. This means that most of the exports of Parts, accessories nes, metal cutting machine tools are explained by 18 countries.

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Value of Exports in Parts, accessories nes, metal cutting machine tools

Net Trade

TOP NET EXPORTER (2022)Chinese Taipei$637M
TOP NET IMPORTER (2022)Canada$207M

This map shows which countries export or import more of Parts, accessories nes, metal cutting machine tools. Each country is colored based on the difference in exports and imports of Parts, accessories nes, metal cutting machine tools during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts, accessories nes, metal cutting machine tools were Chinese Taipei ($637M), Germany ($448M), Japan ($185M), Italy ($166M), and South Korea ($89.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts, accessories nes, metal cutting machine tools were Canada ($207M), Mexico ($179M), United States ($155M), India ($116M), and France ($84.7M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Parts, accessories nes, metal cutting machine tools.
It is possible to select the main countries that export or import Parts, accessories nes, metal cutting machine tools in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts, accessories nes, metal cutting 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 (2022)

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