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845620 (Harmonized System 1992 for 6-digit)

2022
World Trade $79.7MRnk 4212 / 4648
2022
Top Exporter | Top Importer $15.9M | $9.42MChina | United States
2022
Product Complexity 0.76Rnk 1157 / 4653
2021 - 2022
Export Growth (CAGR) -29.9%Rnk 4448 / 4648
2022
Share of World Trade 0.00034%Rnk 4212 / 4648

About

Overview This page contains the latest trade data of Ultrasonic process machine tools. In 2022, Ultrasonic process machine tools were the world's 4212th most traded product, with a total trade of $79.7M. Between 2021 and 2022 the exports of Ultrasonic process machine tools decreased by -29.9%, from $114M to $79.7M. Trade in Ultrasonic process machine tools represent 0.00034% of total world trade.

Ultrasonic process machine tools are a part of Non-Mechanical Removal Machinery.

Exports In 2022 the top exporters of Ultrasonic process machine tools  were China ($15.9M), Italy ($7.84M), Germany ($7.61M), United Kingdom ($5.19M), and Greece ($4.87M).

Imports In 2022 the top importers of Ultrasonic process machine tools were United States ($9.42M), Vietnam ($5.96M), Germany ($4.52M), China ($4.28M), and Mexico ($3.74M).

Ranking Ultrasonic process machine tools ranks 1157th in the Product Complexity Index (PCI).

Description An ultrasonic process machine tool uses an electrical current to heat a metal tube, which is then squeezed by two metal plates. The process is called "expansion rolling" and it is used to increase the diameter of the metal tube.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Ultrasonic process 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 (2022)China$15.9M
Top Destination (2022)United States$9.42M

In 2022 Ultrasonic process machine tools were the world's 4212th most traded product (out of 4,648).

In 2022, the top exporters of Ultrasonic process machine tools were China ($15.9M), Italy ($7.84M), Germany ($7.61M), United Kingdom ($5.19M), and Greece ($4.87M).

In 2022, the top importers of Ultrasonic process machine tools were United States ($9.42M), Vietnam ($5.96M), Germany ($4.52M), China ($4.28M), and Mexico ($3.74M).

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Exporters of Ultrasonic process machine tools (2022)
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Importers of Ultrasonic process machine tools (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Denmark$3.89M
Top Destination Growth (2021 -  2022)Vietnam$2.53M

Between 2021 and 2022, the exports of Ultrasonic process machine tools grew the fastest in Denmark ($3.89M), Poland ($1.33M), Malaysia ($1.11M), Greece ($916k), and Finland ($749k).

Between 2021 and 2022, the fastest growing importers of Ultrasonic process machine tools were Vietnam ($2.53M), Mexico ($2.1M), France ($1.89M), Denmark ($1.33M), and Malaysia ($1.28M).

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Exporters of Ultrasonic process machine tools (2021 - 2022)

Importers of Ultrasonic process machine tools (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ultrasonic process machine tools.

In 2022, market concentration measured using Shannon Entropy, was 4.3. This means that most of the exports of Ultrasonic process machine tools are explained by 19 countries.

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Value of Exports in Ultrasonic process machine tools

Net Trade

TOP NET EXPORTER (2022)China$11.6M
TOP NET IMPORTER (2022)Vietnam$5.57M

This map shows which countries export or import more of Ultrasonic process machine tools. Each country is colored based on the difference in exports and imports of Ultrasonic process machine tools during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Ultrasonic process machine tools were China ($11.6M), Italy ($4.63M), United Kingdom ($4.18M), Greece ($4.02M), and Spain ($3.59M).

In 2022, the countries that had a largest trade value in imports than in exports of Ultrasonic process machine tools were Vietnam ($5.57M), United States ($5.56M), France ($2.07M), Mexico ($2.03M), and Turkey ($1.68M).

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 Ultrasonic process machine tools.
It is possible to select the main countries that export or import Ultrasonic process machine tools in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ultrasonic process 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 (2022)

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