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845650 (Harmonized System 2017 for 6-digit)

2022
World Trade $238MRnk 3936 / 5380
2022
Top Exporter | Top Importer $39.8M | $44.7MSouth Korea | United States
2022
Product Complexity 1.26Rnk 450 / 5381
2021 - 2022
Export Growth (CAGR) 9.77%Rnk 1995 / 5380
2022
Share of World Trade 0.00099%Rnk 3936 / 5380

About

Overview This page contains the latest trade data of Machine tools; for working any material by removal of material; operated by water-jet cutting machines. In 2022, Machine tools; for working any material by removal of material; operated by water-jet cutting machines were the world's 3936th most traded product, with a total trade of $238M. Between 2021 and 2022 the exports of Machine tools; for working any material by removal of material; operated by water-jet cutting machines grew by 9.77%, from $217M to $238M. Trade in Machine tools; for working any material by removal of material; operated by water-jet cutting machines represent 0.00099% of total world trade.

Machine tools; for working any material by removal of material; operated by water-jet cutting machines are a part of Machine-tools; for working any material by removal of material, by laser or....

Exports In 2022 the top exporters of Machine tools; for working any material by removal of material; operated by water-jet cutting machines  were South Korea ($39.8M), United States ($36M), China ($30.2M), Switzerland ($23.1M), and Germany ($20.8M).

Imports In 2022 the top importers of Machine tools; for working any material by removal of material; operated by water-jet cutting machines were United States ($44.7M), Germany ($20.7M), Canada ($13.2M), United Kingdom ($9.8M), and Italy ($8.84M).

Ranking Machine tools; for working any material by removal of material; operated by water-jet cutting machines ranks 450th 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 Machine tools; for working any material by removal of material; operated by water-jet cutting machines. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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)South Korea$39.8M
Top Destination (2022)United States$44.7M

In 2022 Machine tools; for working any material by removal of material; operated by water-jet cutting machines were the world's 3936th most traded product (out of 5,380).

In 2022, the top exporters of Machine tools; for working any material by removal of material; operated by water-jet cutting machines were South Korea ($39.8M), United States ($36M), China ($30.2M), Switzerland ($23.1M), and Germany ($20.8M).

In 2022, the top importers of Machine tools; for working any material by removal of material; operated by water-jet cutting machines were United States ($44.7M), Germany ($20.7M), Canada ($13.2M), United Kingdom ($9.8M), and Italy ($8.84M).

Explore Visualizations

Exporters of Machine tools; for working any material by removal of material; operated by water-jet cutting machines (2022)
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Importers of Machine tools; for working any material by removal of material; operated by water-jet cutting machines (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Switzerland$14.4M
Top Destination Growth (2021 -  2022)United States$16.7M

Between 2021 and 2022, the exports of Machine tools; for working any material by removal of material; operated by water-jet cutting machines grew the fastest in Switzerland ($14.4M), South Korea ($8.65M), China ($5.16M), United States ($5.12M), and Canada ($1.83M).

Between 2021 and 2022, the fastest growing importers of Machine tools; for working any material by removal of material; operated by water-jet cutting machines were United States ($16.7M), China ($3.92M), Botswana ($3.9M), Belgium ($2.32M), and Croatia ($1.73M).

Explore Visualizations

Exporters of Machine tools; for working any material by removal of material; operated by water-jet cutting machines (2021 - 2022)

Importers of Machine tools; for working any material by removal of material; operated by water-jet cutting machines (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machine tools; for working any material by removal of material; operated by water-jet cutting machines.

In 2022, market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Machine tools; for working any material by removal of material; operated by water-jet cutting machines are explained by 14 countries.

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Value of Exports in Machine tools; for working any material by removal of material; operated by water-jet cutting machines

Net Trade

TOP NET EXPORTER (2022)South Korea$38.7M
TOP NET IMPORTER (2022)Canada$10.4M

This map shows which countries export or import more of Machine tools; for working any material by removal of material; operated by water-jet cutting machines. Each country is colored based on the difference in exports and imports of Machine tools; for working any material by removal of material; operated by water-jet cutting machines during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machine tools; for working any material by removal of material; operated by water-jet cutting machines were South Korea ($38.7M), China ($22.3M), Switzerland ($20.2M), Italy ($11.7M), and Sweden ($9.52M).

In 2022, the countries that had a largest trade value in imports than in exports of Machine tools; for working any material by removal of material; operated by water-jet cutting machines were Canada ($10.4M), United States ($8.7M), United Kingdom ($8.55M), Australia ($7.3M), and Russia ($7.12M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Machine tools; for working any material by removal of material; operated by water-jet cutting machines.
It is possible to select the main countries that export or import Machine tools; for working any material by removal of material; operated by water-jet cutting machines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machine tools; for working any material by removal of material; operated by water-jet cutting machines 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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