HS Code:
Thread rolling machines (HS Code: 8463.20) are specialized industrial machines used for forming threads on metal workpieces through a cold-forming process. Unlike thread cutting, thread rolling deforms the material to create threads, resulting in stronger and more precise threads with better surface finish. These machines are widely used in automotive, aerospace, construction, and manufacturing industries for producing screws, bolts, and other fasteners. The global trade of thread rolling machines is driven by demand for high-precision manufacturing equipment, particularly in emerging industrial economies and regions with strong automotive and construction sectors.
Total Trade Volume
Approximately $250 million USD
Data from 2022
Source
UN Comtrade Database and ITC Trade Map
$70 million USD
28% of total trade of total trade
Increasing
$50 million USD
20% of total trade of total trade
Stable
$40 million USD
16% of total trade of total trade
Increasing
$30 million USD
12% of total trade of total trade
Stable
$20 million USD
8% of total trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
12% (imposed by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA or USMCA)
Rising demand for automation in manufacturing
Increased adoption of advanced thread rolling machines with CNC capabilities, boosting trade in high-tech equipment from Germany and Japan
2021-2023
Growth of automotive and aerospace sectors in Asia-Pacific
Higher imports of thread rolling machines in countries like India and Vietnam to meet fastener production needs
2020-2022
Shift towards sustainable manufacturing
Growing preference for energy-efficient machines, influencing manufacturers to innovate and impacting trade patterns
2022-2023
The European Union introduced provisional anti-dumping duties on certain Chinese industrial machinery, including thread rolling machines, citing unfair pricing practices.
March 2023
Potential shift in EU imports towards other suppliers like Japan and South Korea, while increasing costs for European buyers in the short term.
Leading manufacturers in Germany and Japan unveiled new CNC thread rolling machines with enhanced precision and IoT integration at a major industrial expo.
September 2022
Increased demand for high-end machines in markets prioritizing automation, potentially widening the trade gap between advanced and basic equipment.
The United States-Mexico-Canada Agreement (USMCA) has facilitated tariff-free trade of industrial machinery, including thread rolling machines, within the region.
Ongoing since July 2020
Strengthened trade ties among the US, Canada, and Mexico, with a noticeable uptick in intra-regional exports and imports.