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Pricing

846593 (Harmonized System 1992 for 6-digit)

2022
World Trade $517MRnk 2899 / 4648
2022
Top Exporter | Top Importer $140M | $123MChina | United States
2022
Product Complexity 1.28Rnk 396 / 4653
2021 - 2022
Export Growth (CAGR) -2.75%Rnk 3347 / 4648
2022
Share of World Trade 0.0022%Rnk 2899 / 4648

About

Overview This page contains the latest trade data of Grinding, sanding, polishing machines for wood, et c. In 2022, Grinding, sanding, polishing machines for wood, et c were the world's 2899th most traded product, with a total trade of $517M. Between 2021 and 2022 the exports of Grinding, sanding, polishing machines for wood, et c decreased by -2.75%, from $531M to $517M. Trade in Grinding, sanding, polishing machines for wood, et c represent 0.0022% of total world trade.

Grinding, sanding, polishing machines for wood, et c are a part of Woodworking machines.

Exports In 2022 the top exporters of Grinding, sanding, polishing machines for wood, et c  were China ($140M), Germany ($112M), Chinese Taipei ($66.3M), Italy ($62M), and Switzerland ($24.2M).

Imports In 2022 the top importers of Grinding, sanding, polishing machines for wood, et c were United States ($123M), Vietnam ($37.1M), Germany ($30.3M), China ($26.3M), and Canada ($19.4M).

Ranking Grinding, sanding, polishing machines for wood, et c ranks 396th in the Product Complexity Index (PCI).

Description Grinding is used to remove material and give a finished product a smooth surface; sanding is used to smooth a rough surface and remove excess material and then a polishing machine is used to give the product a shiny finish.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Grinding, sanding, polishing machines for wood, et c. 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$140M
Top Destination (2022)United States$123M

In 2022 Grinding, sanding, polishing machines for wood, et c were the world's 2899th most traded product (out of 4,648).

In 2022, the top exporters of Grinding, sanding, polishing machines for wood, et c were China ($140M), Germany ($112M), Chinese Taipei ($66.3M), Italy ($62M), and Switzerland ($24.2M).

In 2022, the top importers of Grinding, sanding, polishing machines for wood, et c were United States ($123M), Vietnam ($37.1M), Germany ($30.3M), China ($26.3M), and Canada ($19.4M).

Explore Visualizations

Exporters of Grinding, sanding, polishing machines for wood, et c (2022)
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Importers of Grinding, sanding, polishing machines for wood, et c (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Switzerland$10.4M
Top Destination Growth (2021 -  2022)France$4.7M

Between 2021 and 2022, the exports of Grinding, sanding, polishing machines for wood, et c grew the fastest in Switzerland ($10.4M), Spain ($1.4M), Slovenia ($1.3M), Chinese Taipei ($1.04M), and United Kingdom ($876k).

Between 2021 and 2022, the fastest growing importers of Grinding, sanding, polishing machines for wood, et c were France ($4.7M), Czechia ($4.25M), Austria ($4.07M), Vietnam ($3.17M), and Switzerland ($2.74M).

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Exporters of Grinding, sanding, polishing machines for wood, et c (2021 - 2022)

Importers of Grinding, sanding, polishing machines for wood, et c (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Grinding, sanding, polishing machines for wood, et c.

In 2022, market concentration measured using Shannon Entropy, was 3.38. This means that most of the exports of Grinding, sanding, polishing machines for wood, et c are explained by 10 countries.

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Value of Exports in Grinding, sanding, polishing machines for wood, et c

Net Trade

TOP NET EXPORTER (2022)China$114M
TOP NET IMPORTER (2022)United States$108M

This map shows which countries export or import more of Grinding, sanding, polishing machines for wood, et c. Each country is colored based on the difference in exports and imports of Grinding, sanding, polishing machines for wood, et c during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Grinding, sanding, polishing machines for wood, et c were China ($114M), Germany ($81.7M), Chinese Taipei ($63.2M), Italy ($54.4M), and Switzerland ($14M).

In 2022, the countries that had a largest trade value in imports than in exports of Grinding, sanding, polishing machines for wood, et c were United States ($108M), Vietnam ($36.2M), India ($13.2M), Canada ($12.5M), and France ($11.5M).

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 Grinding, sanding, polishing machines for wood, et c.
It is possible to select the main countries that export or import Grinding, sanding, polishing machines for wood, et c in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Grinding, sanding, polishing machines for wood, et c 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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