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845910 (Harmonized System 1992 for 6-digit)

2022
World Trade $65.1MRnk 4283 / 4648
2022
Top Exporter | Top Importer $12.3M | $6.35MItaly | United States
2022
Product Complexity 1.34Rnk 315 / 4653
2021 - 2022
Export Growth (CAGR) -12.4%Rnk 4073 / 4648
2022
Share of World Trade 0.00027%Rnk 4283 / 4648

About

Overview This page contains the latest trade data of Way-type unit head machines, metal working. In 2022, Way-type unit head machines, metal working were the world's 4283rd most traded product, with a total trade of $65.1M. Between 2021 and 2022 the exports of Way-type unit head machines, metal working decreased by -12.4%, from $74.3M to $65.1M. Trade in Way-type unit head machines, metal working represent 0.00027% of total world trade.

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

Exports In 2022 the top exporters of Way-type unit head machines, metal working  were Italy ($12.3M), Spain ($6.37M), United States ($5.75M), China ($5.66M), and France ($4.55M).

Imports In 2022 the top importers of Way-type unit head machines, metal working were United States ($6.35M), Mexico ($3.93M), Germany ($3.4M), Canada ($2.99M), and Australia ($2.94M).

Ranking Way-type unit head machines, metal working ranks 315th 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 (2022)Italy$12.3M
Top Destination (2022)United States$6.35M

In 2022 Way-type unit head machines, metal working were the world's 4283rd most traded product (out of 4,648).

In 2022, the top exporters of Way-type unit head machines, metal working were Italy ($12.3M), Spain ($6.37M), United States ($5.75M), China ($5.66M), and France ($4.55M).

In 2022, the top importers of Way-type unit head machines, metal working were United States ($6.35M), Mexico ($3.93M), Germany ($3.4M), Canada ($2.99M), and Australia ($2.94M).

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Exporters of Way-type unit head machines, metal working (2022)
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Importers of Way-type unit head machines, metal working (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Spain$2.74M
Top Destination Growth (2021 -  2022)Mexico$3.38M

Between 2021 and 2022, the exports of Way-type unit head machines, metal working grew the fastest in Spain ($2.74M), Switzerland ($1.77M), Italy ($1.39M), Malaysia ($1.31M), and Thailand ($1.14M).

Between 2021 and 2022, the fastest growing importers of Way-type unit head machines, metal working were Mexico ($3.38M), Canada ($2.18M), Turkey ($2.18M), Australia ($1.49M), and Slovakia ($1.23M).

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Exporters of Way-type unit head machines, metal working (2021 - 2022)

Importers of Way-type unit head machines, metal working (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.26. This means that most of the exports of Way-type unit head machines, metal working are explained by 19 countries.

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

Net Trade

TOP NET EXPORTER (2022)Italy$11.2M
TOP NET IMPORTER (2022)Mexico$3.88M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Way-type unit head machines, metal working were Italy ($11.2M), Spain ($4.98M), China ($4.38M), Switzerland ($3.32M), and Austria ($2.97M).

In 2022, the countries that had a largest trade value in imports than in exports of Way-type unit head machines, metal working were Mexico ($3.88M), Australia ($2.86M), Turkey ($2.39M), Canada ($2.04M), and Vietnam ($1.62M).

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 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 (2022)

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