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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Italy | 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 Italy totalled $ 285 million in 2023. Sales of commodity group 8460 from Italy went up by 43% 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 $ 86 million (cumulative exports of commodity group 8460 from Italy amounted $198 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 0.042% of total exports from Italy (cumulative merchandise exports from Italy totalled $ 677 billion in 2023). The share of commodity group 8460 in total exports from Italy increased by 0.012 p.p. compared to 2022 (it was 0.03% in 2022 and cumulative exports from Italy were equal to $ 659 billion).

Exports of commodity group 8460 amounted to 0.244% of total sales of group "" from Italy in 2023 (the value of exports of commodity group from Italy amounted to $116 billion in 2023). The share of exports of commodity group 8460 in sales of commodity group from Italy increased by 0.057 p.p. compared to 2022 (it was 0.187% in 2022, and exports of commodity group from Italy were $106 billion).

Where does Italy 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 Italy in 2023:

  • China with a share of 18.1% (51 million US$)
  • USA with a share of 14.3% (40 million US$)
  • Germany with a share of 9.11% (26 million US$)
  • France with a share of 5.77% (16.4 million US$)
  • Turkey with a share of 5.51% (15.7 million US$)
  • India with a share of 4.48% (12.7 million US$)
  • Switzerland with a share of 4.32% (12.3 million US$)
  • Korea with a share of 3.62% (10.3 million US$)
  • Mexico with a share of 2.67% (7.63 million US$)
  • Poland with a share of 2.64% (7.55 million US$)

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 Italy in 2023 represented by the following main commodity groups:

  • 22% (64 million US$): 846040 - Honing/lapping machines
  • 7.28% (20 million US$): 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
  • 6.51% (18.5 million US$): 846029 - Machine-tools; grinding machines (excluding flat-surface), other than numerically controlled
  • 6.33% (18 million US$): 846019 - Machine-tools; flat-surface grinding machines, other than numerically controlled
  • 6.05% (17.2 million US$): 846039 - Sharpening (tool/cutter grinding) machines, other than numerically controlled
  • 5.82% (16.6 million US$): 846031 - Sharpening (tool/cutter grinding) machines, 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 Italy totalled $ 123 million in 2023. Sales of commodity group 8460 to Italy went up by 14.7% 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" went up by $ 15.8 million (the value of imports of commodity group 8460 to Italy was equal to $107 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 0.019% of total import flow to Italy (in 2023, total imports to Italy amounted to $ 639 billion). The share of commodity group 8460 in total imports to Italy increased by 0.003 p.p. compared to 2022 (it was 0.015% in 2022 and cumulative imports to Italy were equal to $ 695 billion).

Imports of commodity group 8460 reached 0.211% of total imports of group "" to Italy in 2023 (imports of commodity group to Italy totalled $58 billion in 2023). The share of purchases of commodity group 8460 in total imports of commodity group to Italy increased by 0.027 p.p. compared to 2022 (it was 0.183% in 2022, and imports of commodity group to Italy accounted for $58 billion).

Where does Italy 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 Italy in 2023:

  • Germany with a share of 48% (59 million US$)
  • Switzerland with a share of 28% (34 million US$)
  • Spain with a share of 3.33% (4.12 million US$)
  • Bahrain with a share of 3.28% (4.05 million US$)
  • China with a share of 3% (3.71 million US$)
  • Other Asia, nes with a share of 2.38% (2.95 million US$)
  • USA with a share of 2.29% (2.83 million US$)
  • Thailand with a share of 1.83% (2.26 million US$)
  • Japan with a share of 1.08% (1.34 million US$)
  • Czech Republic with a share of 1.05% (1.3 million US$)

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 Italy in 2023 represented by the following main commodity groups:

  • 21% (26 million US$): 846031 - Sharpening (tool/cutter grinding) machines, numerically controlled
  • 12.5% (15.5 million US$): 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
  • 6.11% (7.56 million US$): 846019 - Machine-tools; flat-surface grinding machines, other than numerically controlled
  • 5.97% (7.39 million US$): 846029 - Machine-tools; grinding machines (excluding flat-surface), other than numerically controlled
  • 5.67% (7.02 million US$): 846040 - Honing/lapping machines
  • 3.79% (4.69 million US$): 846039 - Sharpening (tool/cutter grinding) machines, other than numerically controlled

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Italy | 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