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820900 (Harmonized System 1992 for 6-digit)

2023
World Trade $6.13BRnk 591 / 4644
2023
Top Exporter | Top Importer $1.01B | $972MGermany | United States
2023
Product Complexity 1.4Rnk 239 / 4656
2022 - 2023
Export Growth (CAGR) -0.74%Rnk 1626 / 4644
2023
Share of World Trade 0.027%Rnk 591 / 4644

About

Overview This page contains the latest trade data of Tool plates/tips/etc, sintered metal carbide & cermet. In 2023, Tool plates/tips/etc, sintered metal carbide & cermet were the world's 591st most traded product, with a total trade of $6.13B. Between 2022 and 2023 the exports of Tool plates/tips/etc, sintered metal carbide & cermet decreased by -0.74%, from $6.18B to $6.13B. Trade in Tool plates/tips/etc, sintered metal carbide & cermet represent 0.027% of total world trade.

Tool plates/tips/etc, sintered metal carbide & cermet are a part of Tool Plates.

Exports In 2023 the top exporters of Tool plates/tips/etc, sintered metal carbide & cermet  were Germany ($1.01B), Japan ($874M), China ($695M), Israel ($521M), and Sweden ($403M).

Imports In 2023 the top importers of Tool plates/tips/etc, sintered metal carbide & cermet were United States ($972M), Germany ($778M), Netherlands ($355M), China ($313M), and Italy ($303M).

Ranking Tool plates/tips/etc, sintered metal carbide & cermet ranks 239th in the Product Complexity Index (PCI).

Description Tool plates are used to protect the cutting edge of a tool. Tips are used to form a cutting edge on the tool. Cermet is a mix of metal and ceramic material that is used as a cutting tool. Sintered metal carbide is a mix of metal and carbide material that is used as a cutting tool.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tool plates/tips/etc, sintered metal carbide & cermet. 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$1.01B
Top Destination (2023)United States$972M

In 2023 Tool plates/tips/etc, sintered metal carbide & cermet were the world's 591st most traded product (out of 4,644).

In 2023, the top exporters of Tool plates/tips/etc, sintered metal carbide & cermet were Germany ($1.01B), Japan ($874M), China ($695M), Israel ($521M), and Sweden ($403M).

In 2023, the top importers of Tool plates/tips/etc, sintered metal carbide & cermet were United States ($972M), Germany ($778M), Netherlands ($355M), China ($313M), and Italy ($303M).

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Exporters of Tool plates/tips/etc, sintered metal carbide & cermet (2023)
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Importers of Tool plates/tips/etc, sintered metal carbide & cermet (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Poland$65.5M
Top Destination Growth (2022 -  2023)United States$48.8M

Between 2022 and 2023, the exports of Tool plates/tips/etc, sintered metal carbide & cermet grew the fastest in Poland ($65.5M), India ($30.6M), Israel ($24.1M), China ($19.5M), and Singapore ($19.4M).

Between 2022 and 2023, the fastest growing importers of Tool plates/tips/etc, sintered metal carbide & cermet were United States ($48.8M), South Korea ($46.3M), Spain ($35.8M), Turkey ($24.3M), and United Kingdom ($22.8M).

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Exporters of Tool plates/tips/etc, sintered metal carbide & cermet (2022 - 2023)

Importers of Tool plates/tips/etc, sintered metal carbide & cermet (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tool plates/tips/etc, sintered metal carbide & cermet.

In 2023, market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Tool plates/tips/etc, sintered metal carbide & cermet are explained by 16 countries.

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Value of Exports in Tool plates/tips/etc, sintered metal carbide & cermet

Net Trade

TOP NET EXPORTER (2023)Japan$691M
TOP NET IMPORTER (2023)United States$595M

This map shows which countries export or import more of Tool plates/tips/etc, sintered metal carbide & cermet. Each country is colored based on the difference in exports and imports of Tool plates/tips/etc, sintered metal carbide & cermet during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Tool plates/tips/etc, sintered metal carbide & cermet were Japan ($691M), Israel ($467M), China ($381M), Sweden ($341M), and Germany ($229M).

In 2023, the countries that had a largest trade value in imports than in exports of Tool plates/tips/etc, sintered metal carbide & cermet were United States ($595M), Italy ($231M), Mexico ($140M), Turkey ($130M), and Canada ($114M).

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 Tool plates/tips/etc, sintered metal carbide & cermet.
It is possible to select the main countries that export or import Tool plates/tips/etc, sintered metal carbide & cermet in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tool plates/tips/etc, sintered metal carbide & cermet 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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