Product intelligence · HS 846022 · 2024 data

Machine-tools: grinding machines (excluding flat-surface), centreless, numerically controlled

Global exports of machine-tools: grinding machines (excluding flat-surface), centreless, numerically controlled totalled $159,215,187 in 2024, a -0.9% change from the previous year. Traded by 96 countries across 590 bilateral corridors, with demand from 133 importing markets. The long-term trend is stable.

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

Global trade

$159.2M

-0.9% YoY

3Y / 5Y CAGR

-0.7%

5Y: -4.5%

Supply structure

Diversified

HHI 0.132

Volatility

Low

Score 5/100

1.

Market movement

In 2024, machine-tools: grinding machines (excluding flat-surface), centreless, numerically controlled trade exhibited slight decline, with global flows reaching $159,215,187 and a three-year compound annual growth rate of -0.7% (five-year: -4.5%). The all-time peak of $280,895,532 was recorded in 2012; the current level is 43% below that high-water mark.

Over the 30-year observation window (19952024), 55% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+3.5% acceleration).

2.

Supply & demand structure

The supply side is diversified (Herfindahl-Hirschman Index 0.132). The three largest exporters — Japan ($42.0M), Switzerland ($32.4M), and Italy ($27.9M) — collectively dominate supply flows. The leading exporter has grown at -7.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.093). The three largest import markets are China ($35.5M), United States ($20.0M), and India ($14.7M). The largest importing market sources from 16 different supplying countries.

The dominant trade corridor is Japan → China at $14.1M, representing 39.7% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for machine-tools: grinding machines (excluding flat-surface), centreless, numerically controlled is 5 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, contracting demand signals caution before committing resources. 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: $280,895,532 in 2012. Currently 43% below peak.

YearGlobal trade (USD)YoY growth
2015$216,244,322-11.0%
2016$195,282,110-9.7%
2017$204,509,721+4.7%
2018$230,901,150+12.9%
2019$200,869,304-13.0%
2020$159,782,650-20.5%
2021$162,377,298+1.6%
2022$143,106,019-11.9%
2023$160,665,908+12.3%
2024$159,215,187-0.9%

Top exporting countries

Ranked by export value of machine-tools: grinding machines (excluding flat-surface), centreless, numerically controlled in 2024.

View all 96 exporters →

Top importing markets

Largest import destinations for machine-tools: grinding machines (excluding flat-surface), centreless, numerically controlled.

View all 133 markets →

Leading trade corridors

Largest bilateral export flows for machine-tools: grinding machines (excluding flat-surface), centreless, numerically controlled, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1JapanChina$14.1M-9.0%
2JapanUnited States$10.3M+11.2%
3United StatesMexico$5.9M+28.6%
4ItalyIndia$5.7M+63.0%
5ItalyGermany$5.6M+24.6%
6United StatesChina$5.4M+13.3%
7JapanIndia$4.6M-0.5%
8TaiwanChina$3.8M+6.7%

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.