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845699 (Harmonized System 1996 for 6-digit)

2023
World Trade $405MRnk 3134 / 4766
2023
Top Exporter | Top Importer $65.7M | $58.8MChina | China
2023
Product Complexity 0.14Rnk 2362 / 4780
2022 - 2023
Export Growth (CAGR) 1.18%Rnk 1453 / 4766
2023
Share of World Trade 0.0018%Rnk 3134 / 4766

About

Overview This page contains the latest trade data of Various Machinery Tools. In 2023, Various Machinery Tools were the world's 3134th most traded product, with a total trade of $405M. Between 2022 and 2023 the exports of Various Machinery Tools grew by 1.18%, from $400M to $405M. Trade in Various Machinery Tools represent 0.0018% of total world trade.

Various Machinery Tools are a part of Machine-tools; for working any material by removal of material, by laser or....

Exports In 2023 the top exporters of Various Machinery Tools  were China ($65.7M), Germany ($64.9M), Japan ($46.5M), Chinese Taipei ($30.5M), and United States ($29.3M).

Imports In 2023 the top importers of Various Machinery Tools were China ($58.8M), United States ($57.6M), India ($39.2M), Germany ($14.8M), and Italy ($14.6M).

Ranking Various Machinery Tools ranks 2362nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Various Machinery 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)China$65.7M
Top Destination (2023)China$58.8M

In 2023 Various Machinery Tools were the world's 3134th most traded product (out of 4,766).

In 2023, the top exporters of Various Machinery Tools were China ($65.7M), Germany ($64.9M), Japan ($46.5M), Chinese Taipei ($30.5M), and United States ($29.3M).

In 2023, the top importers of Various Machinery Tools were China ($58.8M), United States ($57.6M), India ($39.2M), Germany ($14.8M), and Italy ($14.6M).

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Exporters of Various Machinery Tools (2023)
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Importers of Various Machinery Tools (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$12.3M
Top Destination Growth (2022 -  2023)China$10.5M

Between 2022 and 2023, the exports of Various Machinery Tools grew the fastest in China ($12.3M), Germany ($9.18M), Malaysia ($6.64M), United Arab Emirates ($5.44M), and Poland ($2.63M).

Between 2022 and 2023, the fastest growing importers of Various Machinery Tools were China ($10.5M), Indonesia ($7.56M), Malaysia ($6.81M), Japan ($6.14M), and India ($5.35M).

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Exporters of Various Machinery Tools (2022 - 2023)

Importers of Various Machinery Tools (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Various Machinery Tools.

In 2023, market concentration measured using Shannon Entropy, was 4.1. This means that most of the exports of Various Machinery Tools are explained by 17 countries.

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Value of Exports in Various Machinery Tools

Net Trade

TOP NET EXPORTER (2023)Germany$50.1M
TOP NET IMPORTER (2023)India$36.7M

This map shows which countries export or import more of Various Machinery Tools. Each country is colored based on the difference in exports and imports of Various Machinery Tools during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Various Machinery Tools were Germany ($50.1M), Japan ($37.5M), New Zealand ($20.5M), Finland ($19.7M), and Chinese Taipei ($16.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Various Machinery Tools were India ($36.7M), United States ($28.3M), Canada ($12.9M), Singapore ($12.5M), and Indonesia ($9.81M).

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 Various Machinery Tools.
It is possible to select the main countries that export or import Various Machinery Tools in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Various Machinery 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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