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845970 (Harmonized System 1992 for 6-digit)

2022
World Trade $142MRnk 3927 / 4648
2022
Top Exporter | Top Importer $35.5M | $11.7MChina | China
2022
Product Complexity 1.01Rnk 764 / 4653
2021 - 2022
Export Growth (CAGR) 1.62%Rnk 2736 / 4648
2022
Share of World Trade 0.0006%Rnk 3927 / 4648

About

Overview This page contains the latest trade data of Threading or tapping machines nes for metal. In 2022, Threading or tapping machines nes for metal were the world's 3927th most traded product, with a total trade of $142M. Between 2021 and 2022 the exports of Threading or tapping machines nes for metal grew by 1.62%, from $140M to $142M. Trade in Threading or tapping machines nes for metal represent 0.0006% of total world trade.

Threading or tapping machines nes for metal are a part of Drilling Machines.

Exports In 2022 the top exporters of Threading or tapping machines nes for metal  were China ($35.5M), Germany ($19.2M), United States ($15.4M), Chinese Taipei ($10.7M), and Italy ($10.4M).

Imports In 2022 the top importers of Threading or tapping machines nes for metal were China ($11.7M), United States ($10.7M), Turkey ($9.99M), India ($6.29M), and Vietnam ($6.22M).

Ranking Threading or tapping machines nes for metal ranks 764th in the Product Complexity Index (PCI).

Description Threading machines can be used to thread a hole in a metal in order to create threads on the inside of the hole. Tapping machines can be used to drill a hole in the metal and then create threads on the outside of the hole.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Threading or tapping machines nes for metal. 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$35.5M
Top Destination (2022)China$11.7M

In 2022 Threading or tapping machines nes for metal were the world's 3927th most traded product (out of 4,648).

In 2022, the top exporters of Threading or tapping machines nes for metal were China ($35.5M), Germany ($19.2M), United States ($15.4M), Chinese Taipei ($10.7M), and Italy ($10.4M).

In 2022, the top importers of Threading or tapping machines nes for metal were China ($11.7M), United States ($10.7M), Turkey ($9.99M), India ($6.29M), and Vietnam ($6.22M).

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Exporters of Threading or tapping machines nes for metal (2022)
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Importers of Threading or tapping machines nes for metal (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$6.08M
Top Destination Growth (2021 -  2022)Vietnam$2M

Between 2021 and 2022, the exports of Threading or tapping machines nes for metal grew the fastest in China ($6.08M), Italy ($2.65M), Chinese Taipei ($2.16M), Germany ($1.15M), and Thailand ($868k).

Between 2021 and 2022, the fastest growing importers of Threading or tapping machines nes for metal were Vietnam ($2M), Italy ($1.77M), Turkey ($1.68M), Chinese Taipei ($1.35M), and Saudi Arabia ($1.17M).

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Exporters of Threading or tapping machines nes for metal (2021 - 2022)

Importers of Threading or tapping machines nes for metal (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Threading or tapping machines nes for metal.

In 2022, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Threading or tapping machines nes for metal are explained by 13 countries.

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Value of Exports in Threading or tapping machines nes for metal

Net Trade

TOP NET EXPORTER (2022)China$23.8M
TOP NET IMPORTER (2022)Turkey$8.43M

This map shows which countries export or import more of Threading or tapping machines nes for metal. Each country is colored based on the difference in exports and imports of Threading or tapping machines nes for metal during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Threading or tapping machines nes for metal were China ($23.8M), Germany ($14.8M), Chinese Taipei ($6.97M), Spain ($6.37M), and Japan ($6.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Threading or tapping machines nes for metal were Turkey ($8.43M), Vietnam ($6.19M), Canada ($5.83M), India ($5.04M), and Mexico ($4.9M).

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 Threading or tapping machines nes for metal.
It is possible to select the main countries that export or import Threading or tapping machines nes for metal in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Threading or tapping machines nes for metal 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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