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845699 (Harmonized System 1996 for 6-digit)

2022
World Trade $359MRnk 3321 / 4769
2022
Top Exporter | Top Importer $56.1M | $53MGermany | China
2022
Product Complexity 0.2Rnk 2244 / 4776
2021 - 2022
Export Growth (CAGR) 2.39%Rnk 2663 / 4769
2022
Share of World Trade 0.0015%Rnk 3321 / 4769

About

Overview This page contains the latest trade data of Various Machinery Tools. In 2022, Various Machinery Tools were the world's 3321st most traded product, with a total trade of $359M. Between 2021 and 2022 the exports of Various Machinery Tools grew by 2.39%, from $350M to $359M. Trade in Various Machinery Tools represent 0.0015% of total world trade.

Various Machinery Tools are a part of Machine-tools; for working any material by removal of material, by laser or....

Exports In 2022 the top exporters of Various Machinery Tools  were Germany ($56.1M), Japan ($40.3M), Chinese Taipei ($36.3M), China ($30.2M), and United States ($29.7M).

Imports In 2022 the top importers of Various Machinery Tools were China ($53M), United States ($51.4M), India ($24.1M), Italy ($20.9M), and Germany ($19.1M).

Ranking Various Machinery Tools ranks 2244th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Various Machinery Tools. 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$56.1M
Top Destination (2022)China$53M

In 2022 Various Machinery Tools were the world's 3321st most traded product (out of 4,769).

In 2022, the top exporters of Various Machinery Tools were Germany ($56.1M), Japan ($40.3M), Chinese Taipei ($36.3M), China ($30.2M), and United States ($29.7M).

In 2022, the top importers of Various Machinery Tools were China ($53M), United States ($51.4M), India ($24.1M), Italy ($20.9M), and Germany ($19.1M).

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Exporters of Various Machinery Tools (2022)
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Importers of Various Machinery Tools (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)New Zealand$18.9M
Top Destination Growth (2021 -  2022)United States$18.7M

Between 2021 and 2022, the exports of Various Machinery Tools grew the fastest in New Zealand ($18.9M), Germany ($8.56M), Israel ($4.61M), China ($4.27M), and Netherlands ($2.82M).

Between 2021 and 2022, the fastest growing importers of Various Machinery Tools were United States ($18.7M), Vietnam ($7.15M), Serbia ($4.56M), Mexico ($3.23M), and Spain ($3.1M).

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Exporters of Various Machinery Tools (2021 - 2022)

Importers of Various Machinery Tools (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Various Machinery Tools.

In 2022, market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of Various Machinery Tools are explained by 19 countries.

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Value of Exports in Various Machinery Tools

Net Trade

TOP NET EXPORTER (2022)Germany$37M
TOP NET IMPORTER (2022)China$22.9M

This map shows which countries export or import more of Various Machinery Tools. Each country is colored based on the difference in exports and imports of Various Machinery Tools during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Various Machinery Tools were Germany ($37M), Japan ($36.7M), Chinese Taipei ($26.1M), New Zealand ($19.5M), and Finland ($18.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Various Machinery Tools were China ($22.9M), United States ($21.7M), India ($19.5M), Italy ($14.4M), and Vietnam ($12.8M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Various Machinery Tools.
It is possible to select the main countries that export or import Various Machinery Tools in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Various Machinery Tools 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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