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846090 (Harmonized System 1992 for 6-digit)

2022
World Trade $940MRnk 2270 / 4648
2022
Top Exporter | Top Importer $185M | $159MSwitzerland | United States
2022
Product Complexity 1.14Rnk 576 / 4653
2021 - 2022
Export Growth (CAGR) 63.2%Rnk 114 / 4648
2022
Share of World Trade 0.004%Rnk 2270 / 4648

About

Overview This page contains the latest trade data of Machine tools for finishing metals, nes. In 2022, Machine tools for finishing metals, nes were the world's 2270th most traded product, with a total trade of $940M. Between 2021 and 2022 the exports of Machine tools for finishing metals, nes grew by 63.2%, from $576M to $940M. Trade in Machine tools for finishing metals, nes represent 0.004% of total world trade.

Machine tools for finishing metals, nes are a part of Metal Finishing Machines.

Exports In 2022 the top exporters of Machine tools for finishing metals, nes  were Switzerland ($185M), China ($176M), Germany ($145M), Japan ($101M), and Chinese Taipei ($49.5M).

Imports In 2022 the top importers of Machine tools for finishing metals, nes were United States ($159M), China ($109M), Germany ($54.1M), Japan ($38.3M), and India ($36M).

Ranking Machine tools for finishing metals, nes ranks 576th in the Product Complexity Index (PCI).

Description Machine tools are used for finishing metals because they are fast, accurate, affordable, and precise. The parts are usually placed on a precision table and an abrasive is used to finish the metal.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Machine tools for finishing metals, nes. 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)Switzerland$185M
Top Destination (2022)United States$159M

In 2022 Machine tools for finishing metals, nes were the world's 2270th most traded product (out of 4,648).

In 2022, the top exporters of Machine tools for finishing metals, nes were Switzerland ($185M), China ($176M), Germany ($145M), Japan ($101M), and Chinese Taipei ($49.5M).

In 2022, the top importers of Machine tools for finishing metals, nes were United States ($159M), China ($109M), Germany ($54.1M), Japan ($38.3M), and India ($36M).

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Exporters of Machine tools for finishing metals, nes (2022)
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Importers of Machine tools for finishing metals, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$85.9M
Top Destination Growth (2021 -  2022)United States$83.4M

Between 2021 and 2022, the exports of Machine tools for finishing metals, nes grew the fastest in Germany ($85.9M), Switzerland ($79.5M), Japan ($50.1M), Thailand ($29.5M), and Italy ($26.5M).

Between 2021 and 2022, the fastest growing importers of Machine tools for finishing metals, nes were United States ($83.4M), China ($32.8M), Japan ($22.8M), Turkey ($20.6M), and Germany ($19.7M).

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Exporters of Machine tools for finishing metals, nes (2021 - 2022)

Importers of Machine tools for finishing metals, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machine tools for finishing metals, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.69. This means that most of the exports of Machine tools for finishing metals, nes are explained by 12 countries.

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Value of Exports in Machine tools for finishing metals, nes

Net Trade

TOP NET EXPORTER (2022)Switzerland$166M
TOP NET IMPORTER (2022)United States$115M

This map shows which countries export or import more of Machine tools for finishing metals, nes. Each country is colored based on the difference in exports and imports of Machine tools for finishing metals, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machine tools for finishing metals, nes were Switzerland ($166M), Germany ($90.4M), China ($67.1M), Japan ($62.4M), and Chinese Taipei ($31.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Machine tools for finishing metals, nes were United States ($115M), Mexico ($33M), Vietnam ($27.3M), India ($26.8M), and Russia ($23.3M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Machine tools for finishing metals, nes.
It is possible to select the main countries that export or import Machine tools for finishing metals, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machine tools for finishing metals, nes 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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