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Machining centers: top exporters and importers (2024)

In 2024, world trade in machining centers totaled $9.2 billion (597 thousand tonnes). The top exporters were Japan (27%), Germany (21%) and China (9%); the top importers were China (18%), the United States (16%) and Mexico (6%). Compared with 2019, the value fell 6%.

Summary

World trade
$9.2billion
Tonnes
597thousand tonnes
Price per tonne
$15,355
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Japan$2.5 billion · 27.2%
  2. Germany$1.9 billion · 20.5%
  3. China$841 million · 9.2%
  4. Taiwan$727 million · 7.9%
  5. South Korea$590 million · 6.4%
  6. United States$564 million · 6.1%
  7. Italy$507 million · 5.5%
  8. Switzerland$362 million · 3.9%
  9. Spain$159 million · 1.7%
  10. Belgium$132 million · 1.4%
    re-exports
  11. Austria$97 million · 1.1%
  12. United Kingdom$93 million · 1%
  13. Czechia$92 million · 1%
  14. Poland$81 million · 0.88%
  15. Singapore$77 million · 0.84%
    re-exports
  16. Netherlands$74 million · 0.8%
    re-exports
  17. France$59 million · 0.65%
  18. Brazil$55 million · 0.6%
  19. India$39 million · 0.43%
  20. Turkey$38 million · 0.42%

Top importers

  1. China$1.7 billion · 18.1%
  2. United States$1.5 billion · 16.2%
  3. Mexico$541 million · 5.9%
  4. Turkey$480 million · 5.2%
  5. India$442 million · 4.8%
  6. Germany$434 million · 4.7%
  7. Italy$313 million · 3.4%
  8. Vietnam$251 million · 2.7%
  9. Russia$227 million · 2.5%
  10. France$201 million · 2.2%
  11. Brazil$168 million · 1.8%
  12. United Kingdom$165 million · 1.8%
  13. Belgium$161 million · 1.8%
    re-exports
  14. Switzerland$158 million · 1.7%
  15. South Korea$157 million · 1.7%
  16. Canada$133 million · 1.5%
  17. Netherlands$129 million · 1.4%
    re-exports
  18. Thailand$126 million · 1.4%
  19. Taiwan$125 million · 1.4%
  20. Poland$115 million · 1.3%

Trend

Who sells it

Japan was the top exporter throughout the period

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

  • Japan 2.5
  • Germany 1.9
  • China 0.84
  • Taiwan 0.73
  • South Korea 0.59

Source: CEPII BACI

Show the numbers
Country19952024
Japan1.32.5
Germany0.641.9
China0.010.84
Taiwan0.220.73
South Korea0.050.59

Price

Implied price

The price per tonne rose 14% since 1995

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

  • 2024: $15,355

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$13,503
1996$15,071
1997$16,693
1998$15,609
1999$16,774
2000$15,027
2001$14,756
2002$14,557
2003$15,453
2004$16,047
2005$16,458
2006$16,116
2007$16,505
2008$16,488
2009$17,332
2010$14,296
2011$14,328
2012$16,413
2013$16,257
2014$16,532
2015$11,258
2016$12,110
2017$12,830
2018$13,622
2019$13,384
2020$8,698
2021$11,959
2022$15,101
2023$15,274
2024$15,355

What it includes

  • 8457 · Machining centers

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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