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845970 (Harmonized System 1992 for 6-digit)

2023
World Trade $155MRnk 3836 / 4644
2023
Top Exporter | Top Importer $38.7M | $11.7MChina | United States
2023
Product Complexity 1.18Rnk 497 / 4656
2022 - 2023
Export Growth (CAGR) 10.4%Rnk 665 / 4644
2023
Share of World Trade 0.00069%Rnk 3836 / 4644

About

Overview This page contains the latest trade data of Threading or tapping machines nes for metal. In 2023, Threading or tapping machines nes for metal were the world's 3836th most traded product, with a total trade of $155M. Between 2022 and 2023 the exports of Threading or tapping machines nes for metal grew by 10.4%, from $141M to $155M. Trade in Threading or tapping machines nes for metal represent 0.00069% of total world trade.

Threading or tapping machines nes for metal are a part of Drilling Machines.

Exports In 2023 the top exporters of Threading or tapping machines nes for metal  were China ($38.7M), Germany ($20.6M), United States ($18.2M), Japan ($15.1M), and Italy ($9.24M).

Imports In 2023 the top importers of Threading or tapping machines nes for metal were United States ($11.7M), China ($11.3M), Canada ($8.03M), Thailand ($7.79M), and Turkey ($6.84M).

Ranking Threading or tapping machines nes for metal ranks 497th in the Product Complexity Index (PCI).

Description Threading machines can be used to thread a hole in a metal in order to create threads on the inside of the hole. Tapping machines can be used to drill a hole in the metal and then create threads on the outside of the hole.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Threading or tapping machines nes for metal. 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$38.7M
Top Destination (2023)United States$11.7M

In 2023 Threading or tapping machines nes for metal were the world's 3836th most traded product (out of 4,644).

In 2023, the top exporters of Threading or tapping machines nes for metal were China ($38.7M), Germany ($20.6M), United States ($18.2M), Japan ($15.1M), and Italy ($9.24M).

In 2023, the top importers of Threading or tapping machines nes for metal were United States ($11.7M), China ($11.3M), Canada ($8.03M), Thailand ($7.79M), and Turkey ($6.84M).

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Exporters of Threading or tapping machines nes for metal (2023)
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Importers of Threading or tapping machines nes for metal (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$4.61M
Top Destination Growth (2022 -  2023)Poland$3.92M

Between 2022 and 2023, the exports of Threading or tapping machines nes for metal grew the fastest in China ($4.61M), United States ($3.71M), Belgium ($2.78M), Japan ($2.29M), and Austria ($2.24M).

Between 2022 and 2023, the fastest growing importers of Threading or tapping machines nes for metal were Poland ($3.92M), Russia ($2.73M), Brazil ($2.71M), Nigeria ($2.62M), and Portugal ($2.6M).

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Exporters of Threading or tapping machines nes for metal (2022 - 2023)

Importers of Threading or tapping machines nes for metal (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Threading or tapping machines nes for metal.

In 2023, market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Threading or tapping machines nes for metal are explained by 14 countries.

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Value of Exports in Threading or tapping machines nes for metal

Net Trade

TOP NET EXPORTER (2023)China$27.4M
TOP NET IMPORTER (2023)Canada$7.62M

This map shows which countries export or import more of Threading or tapping machines nes for metal. Each country is colored based on the difference in exports and imports of Threading or tapping machines nes for metal during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Threading or tapping machines nes for metal were China ($27.4M), Germany ($15.4M), Japan ($14.6M), Chinese Taipei ($7.33M), and Italy ($7.24M).

In 2023, the countries that had a largest trade value in imports than in exports of Threading or tapping machines nes for metal were Canada ($7.62M), Russia ($6.33M), Poland ($6.26M), Indonesia ($5.49M), and Vietnam ($5.21M).

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 Threading or tapping machines nes for metal.
It is possible to select the main countries that export or import Threading or tapping machines nes for metal in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Threading or tapping machines nes for metal 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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