Product intelligence · HS 846120 · 2024 data

Machine-tools: shaping or slotting machines, working by removing metal, sintered metal carbides or cermets

Global exports of machine-tools: shaping or slotting machines, working by removing metal, sintered metal carbides or cermets totalled $83,251,312 in 2024, a +28.6% change from the previous year. Traded by 94 countries across 849 bilateral corridors, with demand from 158 importing markets. The long-term trend is growing.

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

Global trade

$83.3M

+28.6% YoY

3Y / 5Y CAGR

+4.2%

5Y: -2.9%

Supply structure

Moderately concentrated

HHI 0.200

Volatility

Low

Score 18/100

1.

Market movement

In 2024, machine-tools: shaping or slotting machines, working by removing metal, sintered metal carbides or cermets trade exhibited strong growth, with global flows reaching $83,251,312 and a three-year compound annual growth rate of +4.2% (five-year: -2.9%). The all-time peak of $121,011,244 was recorded in 2012; the current level is 31% 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 steady (+2.1% acceleration).

The World Trade Flows Characterization classifies machine-tools: shaping or slotting machines, working by removing metal, sintered metal carbides or cermets 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 moderately concentrated (Herfindahl-Hirschman Index 0.200). The three largest exporters — Germany ($40.0M), China ($9.5M), and Italy ($9.0M) — collectively dominate supply flows. The leading exporter has grown at +0.9% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.107). The three largest import markets are United States ($19.2M), China ($16.0M), and Canada ($5.0M). The largest importing market sources from 17 different supplying countries.

The dominant trade corridor is Germany → China at $15.5M, representing 96.8% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for machine-tools: shaping or slotting machines, working by removing metal, sintered metal carbides or cermets is 18 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. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

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

Historical evidence

Annual trade value 19952024

Peak: $121,011,244 in 2012. Currently 31% below peak.

YearGlobal trade (USD)YoY growth
2015$74,680,044+10.6%
2016$80,434,984+7.7%
2017$88,855,232+10.5%
2018$88,872,296+0.0%
2019$96,624,465+8.7%
2020$67,689,697-29.9%
2021$73,532,503+8.6%
2022$53,739,930-26.9%
2023$64,753,761+20.5%
2024$83,251,312+28.6%

Top exporting countries

Ranked by export value of machine-tools: shaping or slotting machines, working by removing metal, sintered metal carbides or cermets in 2024.

View all 94 exporters →

Top importing markets

Largest import destinations for machine-tools: shaping or slotting machines, working by removing metal, sintered metal carbides or cermets.

View all 158 markets →

Leading trade corridors

Largest bilateral export flows for machine-tools: shaping or slotting machines, working by removing metal, sintered metal carbides or cermets, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1GermanyChina$15.5M+30.2%
2IndiaUnited States$4.1M+2.3%
3AustriaUnited States$3.8M+190.0%
4CanadaUnited States$3.7M+85.5%
5GermanyUnited States$3.5M-19.1%
6AustraliaUnited States$869.8K+385.3%
7South KoreaUnited States$842.1K+91.9%
8ItalyUnited States$833.7K-36.0%

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.