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846039 (Harmonized System 1992 for 6-digit)

2023
World Trade $205MRnk 3648 / 4644
2023
Top Exporter | Top Importer $60.3M | $24.4MChina | United States
2023
Product Complexity 1.09Rnk 651 / 4656
2022 - 2023
Export Growth (CAGR) -9.34%Rnk 2619 / 4644
2023
Share of World Trade 0.00091%Rnk 3648 / 4644

About

Overview This page contains the latest trade data of Sharpening (tool, cutter grind) machines nes. In 2023, Sharpening (tool, cutter grind) machines nes were the world's 3648th most traded product, with a total trade of $205M. Between 2022 and 2023 the exports of Sharpening (tool, cutter grind) machines nes decreased by -9.34%, from $226M to $205M. Trade in Sharpening (tool, cutter grind) machines nes represent 0.00091% of total world trade.

Sharpening (tool, cutter grind) machines nes are a part of Metal Finishing Machines.

Exports In 2023 the top exporters of Sharpening (tool, cutter grind) machines nes  were China ($60.3M), Germany ($24.9M), Sweden ($18.6M), Italy ($18.1M), and Denmark ($12.9M).

Imports In 2023 the top importers of Sharpening (tool, cutter grind) machines nes were United States ($24.4M), Germany ($20.7M), India ($8.79M), France ($8.06M), and Switzerland ($7.21M).

Ranking Sharpening (tool, cutter grind) machines nes ranks 651st in the Product Complexity Index (PCI).

Description A sharpening machine can be any type of machine that helps sharpen the cutting edges of a tool.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sharpening (tool, cutter grind) machines 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 (2023)China$60.3M
Top Destination (2023)United States$24.4M

In 2023 Sharpening (tool, cutter grind) machines nes were the world's 3648th most traded product (out of 4,644).

In 2023, the top exporters of Sharpening (tool, cutter grind) machines nes were China ($60.3M), Germany ($24.9M), Sweden ($18.6M), Italy ($18.1M), and Denmark ($12.9M).

In 2023, the top importers of Sharpening (tool, cutter grind) machines nes were United States ($24.4M), Germany ($20.7M), India ($8.79M), France ($8.06M), and Switzerland ($7.21M).

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Exporters of Sharpening (tool, cutter grind) machines nes (2023)
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Importers of Sharpening (tool, cutter grind) machines nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$6.42M
Top Destination Growth (2022 -  2023)Switzerland$2.05M

Between 2022 and 2023, the exports of Sharpening (tool, cutter grind) machines nes grew the fastest in Italy ($6.42M), Sweden ($1.38M), Thailand ($993k), South Korea ($823k), and United Kingdom ($779k).

Between 2022 and 2023, the fastest growing importers of Sharpening (tool, cutter grind) machines nes were Switzerland ($2.05M), Turkey ($1.84M), India ($1.29M), Ukraine ($1.22M), and South Korea ($1.07M).

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Exporters of Sharpening (tool, cutter grind) machines nes (2022 - 2023)

Importers of Sharpening (tool, cutter grind) machines nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sharpening (tool, cutter grind) machines nes.

In 2023, market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Sharpening (tool, cutter grind) machines nes are explained by 14 countries.

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Value of Exports in Sharpening (tool, cutter grind) machines nes

Net Trade

TOP NET EXPORTER (2023)China$55.8M
TOP NET IMPORTER (2023)United States$16.8M

This map shows which countries export or import more of Sharpening (tool, cutter grind) machines nes. Each country is colored based on the difference in exports and imports of Sharpening (tool, cutter grind) machines nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sharpening (tool, cutter grind) machines nes were China ($55.8M), Sweden ($16.5M), Italy ($13.3M), Denmark ($9.63M), and Chinese Taipei ($5.68M).

In 2023, the countries that had a largest trade value in imports than in exports of Sharpening (tool, cutter grind) machines nes were United States ($16.8M), India ($6.98M), Russia ($5.96M), France ($5.46M), and Canada ($4.88M).

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 Sharpening (tool, cutter grind) machines nes.
It is possible to select the main countries that export or import Sharpening (tool, cutter grind) machines nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sharpening (tool, cutter grind) machines 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 (2023)

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