Product intelligence · HS 846310 · 2024 data

Machine-tools: for working metal, sintered metal carbides or cermets, without removing material, draw-benches for bars, tubes, profiles, wire or the like

Global exports of machine-tools: for working metal, sintered metal carbides or cermets, without removing material, draw-benches for bars, tubes, profiles, wire or the like totalled $506,340,548 in 2024, a +10.9% change from the previous year. Traded by 119 countries across 976 bilateral corridors, with demand from 165 importing markets. The long-term trend is rapid growth.

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

Global trade

$506.3M

+10.9% YoY

3Y / 5Y CAGR

+12.4%

5Y: +3.5%

Supply structure

Moderately concentrated

HHI 0.206

Volatility

Low

Score 7/100

1.

Market movement

In 2024, machine-tools: for working metal, sintered metal carbides or cermets, without removing material, draw-benches for bars, tubes, profiles, wire or the like trade exhibited strong growth, with global flows reaching $506,340,548 and a three-year compound annual growth rate of +12.4% (five-year: +3.5%). The all-time peak of $580,611,533 was recorded in 2012; the current level is 13% below that high-water mark.

Over the 30-year observation window (19952024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+11.0% acceleration).

The World Trade Flows Characterization classifies machine-tools: for working metal, sintered metal carbides or cermets, without removing material, draw-benches for bars, tubes, profiles, wire or the like 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 0.206). The three largest exporters — Germany ($171.8M), China ($131.9M), and Italy ($109.4M) — collectively dominate supply flows. The leading exporter has grown at +16.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.053). The three largest import markets are United States ($79.0M), India ($42.8M), and China ($37.1M). The largest importing market sources from 23 different supplying countries.

The dominant trade corridor is Germany → United States at $43.8M, representing 55.4% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for machine-tools: for working metal, sintered metal carbides or cermets, without removing material, draw-benches for bars, tubes, profiles, wire or the like is 7 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: $580,611,533 in 2012. Currently 13% below peak.

YearGlobal trade (USD)YoY growth
2015$374,652,638-15.2%
2016$380,682,529+1.6%
2017$393,077,868+3.3%
2018$453,242,082+15.3%
2019$427,192,457-5.7%
2020$296,870,372-30.5%
2021$357,035,127+20.3%
2022$433,009,091+21.3%
2023$456,462,057+5.4%
2024$506,340,548+10.9%

Top exporting countries

Ranked by export value of machine-tools: for working metal, sintered metal carbides or cermets, without removing material, draw-benches for bars, tubes, profiles, wire or the like in 2024.

View all 119 exporters →

Top importing markets

Largest import destinations for machine-tools: for working metal, sintered metal carbides or cermets, without removing material, draw-benches for bars, tubes, profiles, wire or the like.

View all 165 markets →

Leading trade corridors

Largest bilateral export flows for machine-tools: for working metal, sintered metal carbides or cermets, without removing material, draw-benches for bars, tubes, profiles, wire or the like, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1GermanyUnited States$43.8M+30.6%
2GermanyChina$30.6M-6.1%
3ChinaIndia$23.4M+40.2%
4ItalyUnited States$18.2M+56.4%
5GermanyMexico$14.2M+60.9%
6ChinaRussia$12.3M+53.2%
7ItalyTürkiye$10.5M+23.9%
8ChinaVietnam$10.3M+9.9%

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.