Machine tool parts trade by country: top importers, exporters and prices
World trade in machine tool parts was worth $19.46 billion in 2024, about 907.7 thousand tonnes. That is an increase of 2% since 2017, and down 5% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $19.46B | 907.7K t |
| 2023 | $20.47B | 962.0K t |
| 2022 | $19.95B | 1.02M t |
| 2021 | $19.66B | 994.0K t |
| 2020 | $16.34B | 797.3K t |
| 2019 | $19.56B | 945.3K t |
| 2018 | $20.83B | 1.05M t |
| 2017 | $19.07B | 1.04M t |
Top machine tool parts exporting countries
Germany is the largest exporter with 20% of world exports, followed by China and the United States. The top three supply 41% between them, out of 201 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Germany | $3.94B | 20% |
| China | $2.31B | 12% |
| United States | $1.68B | 8.7% |
| Italy | $1.54B | 7.9% |
| Japan | $1.38B | 7.1% |
| Taiwan | $1.05B | 5.4% |
| Switzerland | $952.7M | 4.9% |
| South Korea | $624.3M | 3.2% |
| Canada | $502.1M | 2.6% |
| Austria | $462.0M | 2.4% |
| France | $461.9M | 2.4% |
| Spain | $435.3M | 2.2% |
Top importing countries and buyer markets
The United States is the biggest buyer with 16% of world imports, ahead of Germany and China. Demand is spread widely: the top three take 34% across 221 importing countries.
| Importer | Value | Share |
|---|---|---|
| United States | $3.15B | 16% |
| Germany | $1.90B | 9.8% |
| China | $1.54B | 7.9% |
| Mexico | $752.2M | 3.9% |
| France | $702.6M | 3.6% |
| Japan | $702.2M | 3.6% |
| India | $685.8M | 3.5% |
| Canada | $655.0M | 3.4% |
| Austria | $655.0M | 3.4% |
| Italy | $615.0M | 3.2% |
| Netherlands | $565.1M | 2.9% |
| Switzerland | $553.8M | 2.9% |
Average price per kg
The world average declared value was about $21.44 per kg in 2024. Among the main exporters, the United States averaged $100.87 per kg and China $6.69 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
Public statistics stop at country totals and the last published year. EximDataX shows the shipment records underneath: the companies, dates, quantities and declared values, updated weekly.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8466: Parts & accessories suited for use only/mainly with machines of headings 8456-8465, including work/tool holders, self-opening dieheads, dividing heads & other special attachments for the machines; tool holders for any type of tool for working in the hand. HS 8466 codes.
Common questions
Which countries export the most machine tool parts?
Germany exported $3.94 billion in 2024, 20% of the world total, followed by China (12%) and the United States (9%). In all, 201 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most machine tool parts?
The United States imported $3.15 billion in 2024, 16% of world imports, ahead of Germany (10%) and China (8%). The top three importers together take 34%. Each country with its own page is linked from the table.
How big is the world trade in machine tool parts?
It was worth $19.46 billion in 2024, about 907.7 thousand tonnes. That is an increase of 2% since 2017. The peak year was 2018 at $20.83 billion. 201 countries reported exports and 221 reported imports.
What is the average price of machine tool parts per kg?
The world average declared value was about $21.44 per kg in 2024. Among the main exporters, the United States averaged $100.87 per kg and China $6.69 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for machine tool parts?
The HS code for machine tool parts is heading 8466, in chapter 84 (machinery and mechanical appliances, boilers, nuclear reactors; parts thereof). Customs uses this code worldwide at the six-digit level; national tariffs add more digits. The full list of codes is on the HS 8466 page.
How can I find machine tool parts buyers and suppliers?
Public statistics stop at country totals. EximDataX shows the importers and exporters behind this trade from shipment-level customs records, updated weekly, with direct customs feeds and mirror data. Tell us your product and we will show you the latest records on a live call.
See what your buyers are buying.Then decide.
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