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845910 (Harmonized System 1992 for 6-digit)

2023
World Trade $93.4MRnk 4087 / 4644
2023
Top Exporter | Top Importer $24.8M | $16MGermany | Netherlands
2023
Product Complexity 0.54Rnk 1593 / 4656
2022 - 2023
Export Growth (CAGR) 33.8%Rnk 127 / 4644
2023
Share of World Trade 0.00041%Rnk 4087 / 4644

About

Overview This page contains the latest trade data of Way-type unit head machines, metal working. In 2023, Way-type unit head machines, metal working were the world's 4087th most traded product, with a total trade of $93.4M. Between 2022 and 2023 the exports of Way-type unit head machines, metal working grew by 33.8%, from $69.8M to $93.4M. Trade in Way-type unit head machines, metal working represent 0.00041% of total world trade.

Way-type unit head machines, metal working are a part of Drilling Machines.

Exports In 2023 the top exporters of Way-type unit head machines, metal working  were Germany ($24.8M), Italy ($15.5M), China ($7.02M), United Arab Emirates ($5.29M), and France ($4.08M).

Imports In 2023 the top importers of Way-type unit head machines, metal working were Netherlands ($16M), United States ($9.48M), Czechia ($8.46M), Oman ($5.15M), and Denmark ($4.19M).

Ranking Way-type unit head machines, metal working ranks 1593rd in the Product Complexity Index (PCI).

Description Metal-working way-type unit head machines are used in a production environment to machine various shapes and sizes. These machines are also used in the manufacturing of metal parts, including steel, aluminum, and stainless steel.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Way-type unit head machines, metal working. 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$24.8M
Top Destination (2023)Netherlands$16M

In 2023 Way-type unit head machines, metal working were the world's 4087th most traded product (out of 4,644).

In 2023, the top exporters of Way-type unit head machines, metal working were Germany ($24.8M), Italy ($15.5M), China ($7.02M), United Arab Emirates ($5.29M), and France ($4.08M).

In 2023, the top importers of Way-type unit head machines, metal working were Netherlands ($16M), United States ($9.48M), Czechia ($8.46M), Oman ($5.15M), and Denmark ($4.19M).

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Exporters of Way-type unit head machines, metal working (2023)
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Importers of Way-type unit head machines, metal working (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$19.6M
Top Destination Growth (2022 -  2023)Netherlands$12.8M

Between 2022 and 2023, the exports of Way-type unit head machines, metal working grew the fastest in Germany ($19.6M), United Arab Emirates ($4.87M), Italy ($2.9M), United Kingdom ($2.33M), and Czechia ($1.71M).

Between 2022 and 2023, the fastest growing importers of Way-type unit head machines, metal working were Netherlands ($12.8M), Czechia ($6.19M), Oman ($5.1M), Finland ($3.46M), and Denmark ($3M).

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Exporters of Way-type unit head machines, metal working (2022 - 2023)

Importers of Way-type unit head machines, metal working (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Way-type unit head machines, metal working.

In 2023, market concentration measured using Shannon Entropy, was 3.94. This means that most of the exports of Way-type unit head machines, metal working are explained by 15 countries.

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Value of Exports in Way-type unit head machines, metal working

Net Trade

TOP NET EXPORTER (2023)Germany$22.2M
TOP NET IMPORTER (2023)Netherlands$14.9M

This map shows which countries export or import more of Way-type unit head machines, metal working. Each country is colored based on the difference in exports and imports of Way-type unit head machines, metal working during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Way-type unit head machines, metal working were Germany ($22.2M), Italy ($14.8M), China ($6.32M), United Arab Emirates ($4.7M), and Chinese Taipei ($2.94M).

In 2023, the countries that had a largest trade value in imports than in exports of Way-type unit head machines, metal working were Netherlands ($14.9M), United States ($5.99M), Czechia ($5.7M), Oman ($5.15M), and Finland ($3.45M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Way-type unit head machines, metal working.
It is possible to select the main countries that export or import Way-type unit head machines, metal working in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Way-type unit head machines, metal working 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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