Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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China | Imports and Exports | World | Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 8460 "Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 84.61" from China totalled $ 392 million in 2023. Sales of commodity group 8460 from China went up by 5.95% compared to 2022: exports of commodity group 8460 "Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 84.61" went up by $ 22 million (cumulative exports of commodity group 8460 from China amounted $370 million in 2022)

Exports of commodity group 8460 "Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 84.61" amounted to 0.011% of total exports from China (cumulative merchandise exports from China totalled $ 3.37 trillion in 2023). The share of commodity group 8460 in total exports from China increased by 0.001 p.p. compared to 2022 (it was 0.01% in 2022 and cumulative exports from China were equal to $ 3.59 trillion).

Exports of commodity group 8460 amounted to 0.076% of total sales of group "" from China in 2023 (the value of exports of commodity group from China amounted to $510 billion in 2023). The share of exports of commodity group 8460 in sales of commodity group from China increased by 0.009 p.p. compared to 2022 (it was 0.067% in 2022, and exports of commodity group from China were $551 billion).

Where does China export Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 84.61?

Top export destinations of "Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 84.61" from China in 2023:

  • Russia with a share of 17.8% (69 million US$)
  • Vietnam with a share of 9.23% (36 million US$)
  • India with a share of 8.11% (31 million US$)
  • USA with a share of 7.5% (29 million US$)
  • Thailand with a share of 4.23% (16.6 million US$)
  • Germany with a share of 3.81% (14.9 million US$)
  • Mexico with a share of 3.42% (13.4 million US$)
  • Other Asia, nes with a share of 3.02% (11.8 million US$)
  • Algeria with a share of 2.86% (11.2 million US$)
  • Turkey with a share of 2.44% (9.6 million US$)

Exports structure of 8460 - Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 84.61 - from China in 2023 represented by the following main commodity groups:

  • 44% (172 million US$): 846090 - Machine-tools; for deburring, grinding, polishing or otherwise finishing metal, sintered metal carbides or cermets by means of grinding stones, abrasives or polishing products, n.e.s. in heading no. 8460
  • 8.85% (34 million US$): 846039 - Sharpening (tool/cutter grinding) machines, other than numerically controlled
  • 8.33% (32 million US$): 846040 - Honing/lapping machines
  • 6.95% (27 million US$): 846031 - Sharpening (tool/cutter grinding) machines, numerically controlled
  • 6.91% (27 million US$): 846019 - Machine-tools; flat-surface grinding machines, other than numerically controlled
  • 6.57% (25 million US$): 846029 - Machine-tools; grinding machines (excluding flat-surface), other than numerically controlled

The value of imports of commodity group 8460 "Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 84.61" to China totalled $ 793 million in 2023. Sales of commodity group 8460 to China decreased by 5.37% in value terms compared to 2022. imports of commodity group 8460 "Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 84.61" decreased by $ 45 million (the value of imports of commodity group 8460 to China was equal to $838 million in 2022)

Imports of commodity group 8460 "Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 84.61" accounted for 0.031% of total import flow to China (in 2023, total imports to China amounted to $ 2.55 trillion). The share of commodity group 8460 in total imports to China decreased by 0 p.p. compared to 2022 (it was 0.03% in 2022 and cumulative imports to China were equal to $ 2.71 trillion).

Imports of commodity group 8460 reached 0.402% of total imports of group "" to China in 2023 (imports of commodity group to China totalled $197 billion in 2023). The share of purchases of commodity group 8460 in imports of commodity group to China went down by 0.012 p.p. compared to 2022 (it was 0.414% in 2022, and imports of commodity group to China accounted for $202 billion).

Where does China import Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 84.61 from?

Top trading partners (import of "Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 84.61") of China in 2023:

  • Germany with a share of 25% (198 million US$)
  • Japan with a share of 19.7% (156 million US$)
  • Switzerland with a share of 12.7% (100 million US$)
  • Other Asia, nes with a share of 11.2% (89 million US$)
  • Czech Republic with a share of 7.37% (58 million US$)
  • Italy with a share of 6.03% (47 million US$)
  • Spain with a share of 3.79% (30 million US$)
  • Thailand with a share of 3.66% (29 million US$)
  • USA with a share of 2.91% (23 million US$)
  • Sweden with a share of 1.38% (10.9 million US$)

Imports structure of 8460 - Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products, other than gear cutting, gear grinding or gear finishing machines of heading 84.61 - to China in 2023 represented by the following main commodity groups:

  • 14.5% (115 million US$): 846031 - Sharpening (tool/cutter grinding) machines, numerically controlled
  • 9.86% (78 million US$): 846040 - Honing/lapping machines
  • 2.56% (20 million US$): 846090 - Machine-tools; for deburring, grinding, polishing or otherwise finishing metal, sintered metal carbides or cermets by means of grinding stones, abrasives or polishing products, n.e.s. in heading no. 8460
  • 2.11% (16.7 million US$): 846029 - Machine-tools; grinding machines (excluding flat-surface), other than numerically controlled
  • 2.08% (16.5 million US$): 846019 - Machine-tools; flat-surface grinding machines, other than numerically controlled
  • 0.092% (733 thousand US$): 846039 - Sharpening (tool/cutter grinding) machines, other than numerically controlled

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China | Imports and Exports | World | Machine-tools for deburring, sharpening, grinding, honing, lapping, polishing or otherwise finishing metal or cermets by means of grinding stones, abrasives or polishing products | Value (US$) and Value Growth, YoY (%) | 2012 - 2023