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846594 (Harmonized System 1992 for 6-digit)

2022
World Trade $588MRnk 2764 / 4648
2022
Top Exporter | Top Importer $111M | $80.9MGermany | United States
2022
Product Complexity 0.88Rnk 971 / 4653
2021 - 2022
Export Growth (CAGR) 12.5%Rnk 1370 / 4648
2022
Share of World Trade 0.0025%Rnk 2764 / 4648

About

Overview This page contains the latest trade data of Bending or assembling machines for wood, etc. In 2022, Bending or assembling machines for wood, etc were the world's 2764th most traded product, with a total trade of $588M. Between 2021 and 2022 the exports of Bending or assembling machines for wood, etc grew by 12.5%, from $523M to $588M. Trade in Bending or assembling machines for wood, etc represent 0.0025% of total world trade.

Bending or assembling machines for wood, etc are a part of Woodworking machines.

Exports In 2022 the top exporters of Bending or assembling machines for wood, etc  were Germany ($111M), Austria ($108M), China ($77.6M), Slovenia ($65.7M), and Italy ($49.5M).

Imports In 2022 the top importers of Bending or assembling machines for wood, etc were United States ($80.9M), Germany ($45.6M), Austria ($38.5M), Russia ($34.4M), and Vietnam ($24.1M).

Ranking Bending or assembling machines for wood, etc ranks 971st in the Product Complexity Index (PCI).

Description A bending machine is usually used to bend wood or metal pieces, while an assembler machine is used to assemble flat pieces of wood or metal.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bending or assembling machines for wood, etc. 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)Germany$111M
Top Destination (2022)United States$80.9M

In 2022 Bending or assembling machines for wood, etc were the world's 2764th most traded product (out of 4,648).

In 2022, the top exporters of Bending or assembling machines for wood, etc were Germany ($111M), Austria ($108M), China ($77.6M), Slovenia ($65.7M), and Italy ($49.5M).

In 2022, the top importers of Bending or assembling machines for wood, etc were United States ($80.9M), Germany ($45.6M), Austria ($38.5M), Russia ($34.4M), and Vietnam ($24.1M).

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Exporters of Bending or assembling machines for wood, etc (2022)
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Importers of Bending or assembling machines for wood, etc (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Slovenia$41.9M
Top Destination Growth (2021 -  2022)Germany$26.3M

Between 2021 and 2022, the exports of Bending or assembling machines for wood, etc grew the fastest in Slovenia ($41.9M), Austria ($31.9M), Finland ($9.65M), United States ($6.02M), and San Marino ($3.86M).

Between 2021 and 2022, the fastest growing importers of Bending or assembling machines for wood, etc were Germany ($26.3M), Austria ($24.5M), Australia ($13M), United States ($9.46M), and Canada ($8.23M).

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Exporters of Bending or assembling machines for wood, etc (2021 - 2022)

Importers of Bending or assembling machines for wood, etc (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bending or assembling machines for wood, etc.

In 2022, market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Bending or assembling machines for wood, etc are explained by 13 countries.

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Value of Exports in Bending or assembling machines for wood, etc

Net Trade

TOP NET EXPORTER (2022)Austria$69.1M
TOP NET IMPORTER (2022)United States$61.2M

This map shows which countries export or import more of Bending or assembling machines for wood, etc. Each country is colored based on the difference in exports and imports of Bending or assembling machines for wood, etc during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bending or assembling machines for wood, etc were Austria ($69.1M), China ($65.6M), Germany ($65.3M), Slovenia ($61.8M), and Italy ($40.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Bending or assembling machines for wood, etc were United States ($61.2M), Russia ($33.8M), Vietnam ($24M), Australia ($21M), and United Kingdom ($18.4M).

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 Bending or assembling machines for wood, etc.
It is possible to select the main countries that export or import Bending or assembling machines for wood, etc in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bending or assembling machines for wood, etc 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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