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846694 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.13BRnk 867 / 4644
2023
Top Exporter | Top Importer $657M | $594MGermany | United States
2023
Product Complexity 1.14Rnk 560 / 4656
2022 - 2023
Export Growth (CAGR) 4.34%Rnk 1097 / 4644
2023
Share of World Trade 0.018%Rnk 867 / 4644

About

Overview This page contains the latest trade data of Parts, accessories nes, metal shaping machine tools. In 2023, Parts, accessories nes, metal shaping machine tools were the world's 867th most traded product, with a total trade of $4.13B. Between 2022 and 2023 the exports of Parts, accessories nes, metal shaping machine tools grew by 4.34%, from $3.96B to $4.13B. Trade in Parts, accessories nes, metal shaping machine tools represent 0.018% of total world trade.

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

Exports In 2023 the top exporters of Parts, accessories nes, metal shaping machine tools  were Germany ($657M), Italy ($504M), China ($401M), United States ($350M), and Japan ($257M).

Imports In 2023 the top importers of Parts, accessories nes, metal shaping machine tools were United States ($594M), Germany ($370M), China ($294M), Mexico ($228M), and France ($186M).

Ranking Parts, accessories nes, metal shaping machine tools ranks 560th in the Product Complexity Index (PCI).

Description Parts can be manufactured or welded to specifications using metal shaping machine tools. Metal shaping machine tools can also be used to assemble products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts, accessories nes, metal shaping 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)Germany$657M
Top Destination (2023)United States$594M

In 2023 Parts, accessories nes, metal shaping machine tools were the world's 867th most traded product (out of 4,644).

In 2023, the top exporters of Parts, accessories nes, metal shaping machine tools were Germany ($657M), Italy ($504M), China ($401M), United States ($350M), and Japan ($257M).

In 2023, the top importers of Parts, accessories nes, metal shaping machine tools were United States ($594M), Germany ($370M), China ($294M), Mexico ($228M), and France ($186M).

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Exporters of Parts, accessories nes, metal shaping machine tools (2023)
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Importers of Parts, accessories nes, metal shaping machine tools (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$64M
Top Destination Growth (2022 -  2023)United States$70.4M

Between 2022 and 2023, the exports of Parts, accessories nes, metal shaping machine tools grew the fastest in Italy ($64M), Germany ($63.4M), Austria ($37.2M), France ($33M), and Spain ($28.4M).

Between 2022 and 2023, the fastest growing importers of Parts, accessories nes, metal shaping machine tools were United States ($70.4M), Germany ($44.7M), China ($40M), Romania ($36.6M), and Slovakia ($34.1M).

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Exporters of Parts, accessories nes, metal shaping machine tools (2022 - 2023)

Importers of Parts, accessories nes, metal shaping machine tools (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Parts, accessories nes, metal shaping machine tools are explained by 21 countries.

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

Net Trade

TOP NET EXPORTER (2023)Italy$382M
TOP NET IMPORTER (2023)United States$244M

This map shows which countries export or import more of Parts, accessories nes, metal shaping machine tools. Each country is colored based on the difference in exports and imports of Parts, accessories nes, metal shaping machine tools during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts, accessories nes, metal shaping machine tools were Italy ($382M), Germany ($287M), Japan ($147M), China ($107M), and Chinese Taipei ($75.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts, accessories nes, metal shaping machine tools were United States ($244M), Mexico ($208M), India ($79.4M), Singapore ($73.4M), and France ($55.5M).

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 Parts, accessories nes, metal shaping machine tools.
It is possible to select the main countries that export or import Parts, accessories nes, metal shaping 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 shaping 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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