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846249 (Harmonized System 1992 for 6-digit)

2022
World Trade $327MRnk 3331 / 4648
2022
Top Exporter | Top Importer $79.3M | $41MChina | United States
2022
Product Complexity 0.86Rnk 1014 / 4653
2021 - 2022
Export Growth (CAGR) 2.33%Rnk 2616 / 4648
2022
Share of World Trade 0.0014%Rnk 3331 / 4648

About

Overview This page contains the latest trade data of Punching, notching, punch-shear machine tools, nes. In 2022, Punching, notching, punch-shear machine tools, nes were the world's 3331st most traded product, with a total trade of $327M. Between 2021 and 2022 the exports of Punching, notching, punch-shear machine tools, nes grew by 2.33%, from $320M to $327M. Trade in Punching, notching, punch-shear machine tools, nes represent 0.0014% of total world trade.

Punching, notching, punch-shear machine tools, nes are a part of Forging Machines.

Exports In 2022 the top exporters of Punching, notching, punch-shear machine tools, nes  were China ($79.3M), Italy ($40.4M), United States ($32.9M), South Korea ($22.6M), and Chinese Taipei ($17.8M).

Imports In 2022 the top importers of Punching, notching, punch-shear machine tools, nes were United States ($41M), Mexico ($24.4M), India ($18.3M), Hungary ($17.3M), and Germany ($16.1M).

Ranking Punching, notching, punch-shear machine tools, nes ranks 1014th in the Product Complexity Index (PCI).

Description Punching: punching presses are typically used to cut out metal shapes such as circles or squares from a flat sheet of metal. Notching: notching equipment are typically used to cut a notch or groove into flat sheets of metal. Punch-Shear Machine Tools: punch-shear machines are typically used to cut holes in metal sheets.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Punching, notching, punch-shear machine tools, nes. 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)China$79.3M
Top Destination (2022)United States$41M

In 2022 Punching, notching, punch-shear machine tools, nes were the world's 3331st most traded product (out of 4,648).

In 2022, the top exporters of Punching, notching, punch-shear machine tools, nes were China ($79.3M), Italy ($40.4M), United States ($32.9M), South Korea ($22.6M), and Chinese Taipei ($17.8M).

In 2022, the top importers of Punching, notching, punch-shear machine tools, nes were United States ($41M), Mexico ($24.4M), India ($18.3M), Hungary ($17.3M), and Germany ($16.1M).

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Exporters of Punching, notching, punch-shear machine tools, nes (2022)
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Importers of Punching, notching, punch-shear machine tools, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$35.5M
Top Destination Growth (2021 -  2022)Brazil$7.99M

Between 2021 and 2022, the exports of Punching, notching, punch-shear machine tools, nes grew the fastest in China ($35.5M), Italy ($13.5M), Switzerland ($4.88M), United Kingdom ($3.6M), and United States ($3.57M).

Between 2021 and 2022, the fastest growing importers of Punching, notching, punch-shear machine tools, nes were Brazil ($7.99M), United States ($7.27M), Japan ($4.39M), Spain ($4.17M), and Germany ($3.65M).

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Exporters of Punching, notching, punch-shear machine tools, nes (2021 - 2022)

Importers of Punching, notching, punch-shear machine tools, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Punching, notching, punch-shear machine tools, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.07. This means that most of the exports of Punching, notching, punch-shear machine tools, nes are explained by 16 countries.

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Value of Exports in Punching, notching, punch-shear machine tools, nes

Net Trade

TOP NET EXPORTER (2022)China$66.4M
TOP NET IMPORTER (2022)Mexico$23.5M

This map shows which countries export or import more of Punching, notching, punch-shear machine tools, nes. Each country is colored based on the difference in exports and imports of Punching, notching, punch-shear machine tools, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Punching, notching, punch-shear machine tools, nes were China ($66.4M), Italy ($36.6M), South Korea ($18.5M), Chinese Taipei ($16.1M), and Turkey ($12.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Punching, notching, punch-shear machine tools, nes were Mexico ($23.5M), Hungary ($16.7M), Vietnam ($12.3M), India ($12.3M), and Brazil ($11M).

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 Punching, notching, punch-shear machine tools, nes.
It is possible to select the main countries that export or import Punching, notching, punch-shear machine tools, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Punching, notching, punch-shear machine tools, nes 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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