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845620 (Harmonized System 1992 for 6-digit)

2023
World Trade $86.5MRnk 4117 / 4644
2023
Top Exporter | Top Importer $20M | $15.3MGermany | United States
2023
Product Complexity 0.99Rnk 785 / 4656
2022 - 2023
Export Growth (CAGR) 1.56%Rnk 1379 / 4644
2023
Share of World Trade 0.00038%Rnk 4117 / 4644

About

Overview This page contains the latest trade data of Ultrasonic process machine tools. In 2023, Ultrasonic process machine tools were the world's 4117th most traded product, with a total trade of $86.5M. Between 2022 and 2023 the exports of Ultrasonic process machine tools grew by 1.56%, from $85.1M to $86.5M. Trade in Ultrasonic process machine tools represent 0.00038% of total world trade.

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

Exports In 2023 the top exporters of Ultrasonic process machine tools  were Germany ($20M), China ($17.8M), Italy ($9.92M), United Kingdom ($4.75M), and United States ($4.44M).

Imports In 2023 the top importers of Ultrasonic process machine tools were United States ($15.3M), France ($5.49M), Thailand ($5.23M), China ($4.79M), and Germany ($3.82M).

Ranking Ultrasonic process machine tools ranks 785th 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 (2023)Germany$20M
Top Destination (2023)United States$15.3M

In 2023 Ultrasonic process machine tools were the world's 4117th most traded product (out of 4,644).

In 2023, the top exporters of Ultrasonic process machine tools were Germany ($20M), China ($17.8M), Italy ($9.92M), United Kingdom ($4.75M), and United States ($4.44M).

In 2023, the top importers of Ultrasonic process machine tools were United States ($15.3M), France ($5.49M), Thailand ($5.23M), China ($4.79M), and Germany ($3.82M).

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Exporters of Ultrasonic process machine tools (2023)
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Importers of Ultrasonic process machine tools (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$6.35M
Top Destination Growth (2022 -  2023)United States$5.82M

Between 2022 and 2023, the exports of Ultrasonic process machine tools grew the fastest in Germany ($6.35M), Italy ($2.67M), Netherlands ($2.14M), France ($1.93M), and Malaysia ($769k).

Between 2022 and 2023, the fastest growing importers of Ultrasonic process machine tools were United States ($5.82M), Thailand ($3.04M), France ($2.26M), Austria ($1.55M), and Germany ($1.29M).

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Exporters of Ultrasonic process machine tools (2022 - 2023)

Importers of Ultrasonic process machine tools (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.72. This means that most of the exports of Ultrasonic process machine tools are explained by 13 countries.

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Value of Exports in Ultrasonic process machine tools

Net Trade

TOP NET EXPORTER (2023)Germany$16.2M
TOP NET IMPORTER (2023)United States$10.8M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ultrasonic process machine tools were Germany ($16.2M), China ($13M), Italy ($7.31M), United Kingdom ($2.73M), and Greece ($2.18M).

In 2023, the countries that had a largest trade value in imports than in exports of Ultrasonic process machine tools were United States ($10.8M), Thailand ($5.18M), France ($2.09M), Vietnam ($1.79M), and Switzerland ($1.78M).

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 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 (2023)

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