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Carbide inserts and tips: top exporters and importers (2024)

In 2024, world trade in carbide inserts and tips totaled $5.7 billion (36 thousand tonnes). The top exporters were Germany (16%), Japan (15%) and China (11%); the top importers were the United States (16%), Germany (12%) and the Netherlands (6%). Compared with 2019, the value fell 3%.

Summary

World trade
$5.7billion
Tonnes
36thousand tonnes
Price per tonne
$160,616
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Germany$943 million · 16.4%
  2. Japan$860 million · 15%
  3. China$606 million · 10.6%
  4. Israel$506 million · 8.8%
  5. Sweden$404 million · 7%
  6. United States$383 million · 6.7%
  7. South Korea$375 million · 6.5%
  8. India$255 million · 4.4%
  9. Netherlands$215 million · 3.7%
    re-exports
  10. Belgium$184 million · 3.2%
    re-exports
  11. Austria$181 million · 3.2%
  12. Luxembourg$118 million · 2.1%
  13. Switzerland$97 million · 1.7%
  14. Czechia$73 million · 1.3%
  15. Italy$68 million · 1.2%
  16. Thailand$63 million · 1.1%
  17. Singapore$52 million · 0.91%
    re-exports
  18. Taiwan$49 million · 0.86%
  19. Mexico$39 million · 0.67%
  20. Poland$30 million · 0.53%

Top importers

  1. United States$938 million · 16.3%
  2. Germany$695 million · 12.1%
  3. Netherlands$335 million · 5.8%
    re-exports
  4. China$309 million · 5.4%
  5. India$297 million · 5.2%
  6. Italy$245 million · 4.3%
  7. Mexico$207 million · 3.6%
  8. France$178 million · 3.1%
  9. Japan$163 million · 2.8%
  10. Turkey$144 million · 2.5%
  11. Singapore$119 million · 2.1%
    re-exports
  12. Canada$119 million · 2.1%
  13. Russia$114 million · 2%
  14. Poland$113 million · 2%
  15. United Kingdom$112 million · 2%
  16. South Korea$111 million · 1.9%
  17. Thailand$102 million · 1.8%
  18. Switzerland$96 million · 1.7%
  19. Czechia$95 million · 1.7%
  20. Austria$91 million · 1.6%

Trend

Who sells it

Germany has been the top exporter since 2014

Value in USD billions. The five largest exporters in 2024.

  • Germany 0.94
  • Japan 0.86
  • China 0.61
  • Israel 0.51
  • Sweden 0.4

Source: CEPII BACI

Show the numbers
Country19952024
Germany0.260.94
Japan0.170.86
China0.010.61
Israel0.140.51
Sweden0.380.4

Price

Implied price

The price per tonne rose 191% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $160,616

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$55,110
1996$51,239
1997$56,757
1998$50,000
1999$71,990
2000$90,249
2001$93,754
2002$104,757
2003$104,110
2004$115,463
2005$159,822
2006$123,921
2007$151,798
2008$148,913
2009$156,551
2010$152,349
2011$187,562
2012$187,063
2013$194,936
2014$166,882
2015$151,597
2016$147,797
2017$145,482
2018$186,329
2019$179,555
2020$164,003
2021$175,542
2022$167,669
2023$168,345
2024$160,616

What it includes

  • 8209 · Carbide inserts and tips

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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