Product intelligence · HS 845620 · 2024 data

Machine-tools: for working any material by removal of material, operated by ultrasonic processes

Global exports of machine-tools: for working any material by removal of material, operated by ultrasonic processes totalled $92,174,179 in 2024, a +6.4% change from the previous year. Traded by 108 countries across 1,377 bilateral corridors, with demand from 171 importing markets. The long-term trend is stable.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$92.2M

+6.4% YoY

3Y / 5Y CAGR

-2.9%

5Y: +0.2%

Supply structure

Diversified

HHI 0.095

Volatility

Low

Score 9/100

1.

Market movement

In 2024, machine-tools: for working any material by removal of material, operated by ultrasonic processes trade exhibited strong growth, with global flows reaching $92,174,179 and a three-year compound annual growth rate of -2.9% (five-year: +0.2%). The all-time peak of $122,189,640 was recorded in 2020; the current level is 25% below that high-water mark.

Over the 30-year observation window (19952024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-5.1% acceleration).

The World Trade Flows Characterization classifies machine-tools: for working any material by removal of material, operated by ultrasonic processes as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.095). The three largest exporters — China ($18.0M), Germany ($16.4M), and Italy ($9.5M) — collectively dominate supply flows. The leading exporter has grown at +7.0% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.041). The three largest import markets are United States ($10.2M), Austria ($6.0M), and Mexico ($5.8M). The largest importing market sources from 32 different supplying countries.

The dominant trade corridor is Germany → United States at $2.5M, representing 24.5% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for machine-tools: for working any material by removal of material, operated by ultrasonic processes is 9 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $122,189,640 in 2020. Currently 25% below peak.

YearGlobal trade (USD)YoY growth
2015$70,851,593-4.2%
2016$75,591,185+6.7%
2017$81,476,049+7.8%
2018$95,928,364+17.7%
2019$91,374,987-4.7%
2020$122,189,640+33.7%
2021$100,547,741-17.7%
2022$74,574,731-25.8%
2023$86,620,908+16.2%
2024$92,174,179+6.4%

Top exporting countries

Ranked by export value of machine-tools: for working any material by removal of material, operated by ultrasonic processes in 2024.

View all 108 exporters →

Top importing markets

Largest import destinations for machine-tools: for working any material by removal of material, operated by ultrasonic processes.

View all 171 markets →

Leading trade corridors

Largest bilateral export flows for machine-tools: for working any material by removal of material, operated by ultrasonic processes, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1GermanyUnited States$2.5M-19.2%
2United KingdomUnited States$2.2M-5.8%
3ChinaUnited States$760.2K-35.8%
4ItalyUnited States$694.7K+732.1%
5CanadaUnited States$636.4K+58.1%
6JapanUnited States$628.6K+2.3%
7South KoreaUnited States$553.3K-10.6%
8LithuaniaUnited States$521.3K

Showing top 8 of 10 corridors with available data for 2024.

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Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.