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845929 (Harmonized System 1992 for 6-digit)

2022
World Trade $369MRnk 3207 / 4648
2022
Top Exporter | Top Importer $174M | $46.4MChina | United States
2022
Product Complexity -0.81Rnk 3611 / 4653
2021 - 2022
Export Growth (CAGR) -9.9%Rnk 3944 / 4648
2022
Share of World Trade 0.0016%Rnk 3207 / 4648

About

Overview This page contains the latest trade data of Drilling machines for metal, except num controlled. In 2022, Drilling machines for metal, except num controlled were the world's 3207th most traded product, with a total trade of $369M. Between 2021 and 2022 the exports of Drilling machines for metal, except num controlled decreased by -9.9%, from $410M to $369M. Trade in Drilling machines for metal, except num controlled represent 0.0016% of total world trade.

Drilling machines for metal, except num controlled are a part of Drilling Machines.

Exports In 2022 the top exporters of Drilling machines for metal, except num controlled  were China ($174M), United States ($26.4M), Germany ($23.7M), Chinese Taipei ($22.1M), and Italy ($12.1M).

Imports In 2022 the top importers of Drilling machines for metal, except num controlled were United States ($46.4M), Germany ($31.4M), Canada ($14.3M), Russia ($11.4M), and Mexico ($11.2M).

Ranking Drilling machines for metal, except num controlled ranks 3611th in the Product Complexity Index (PCI).

Description Drilling machines for metal are used to create holes in metal pieces. They are used in product manufacturing to make holes for screws, plant the metal, or attach two metal parts together. They can also be used for fabrication projects and in the process of manufacturing new products.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Drilling machines for metal, except num controlled. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$174M
Top Destination (2022)United States$46.4M

In 2022 Drilling machines for metal, except num controlled were the world's 3207th most traded product (out of 4,648).

In 2022, the top exporters of Drilling machines for metal, except num controlled were China ($174M), United States ($26.4M), Germany ($23.7M), Chinese Taipei ($22.1M), and Italy ($12.1M).

In 2022, the top importers of Drilling machines for metal, except num controlled were United States ($46.4M), Germany ($31.4M), Canada ($14.3M), Russia ($11.4M), and Mexico ($11.2M).

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Exporters of Drilling machines for metal, except num controlled (2022)
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Importers of Drilling machines for metal, except num controlled (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$9.71M
Top Destination Growth (2021 -  2022)United States$5.36M

Between 2021 and 2022, the exports of Drilling machines for metal, except num controlled grew the fastest in China ($9.71M), Chinese Taipei ($2.92M), Spain ($2.07M), United States ($1.96M), and Australia ($1.9M).

Between 2021 and 2022, the fastest growing importers of Drilling machines for metal, except num controlled were United States ($5.36M), Saudi Arabia ($2.54M), Papua New Guinea ($1.81M), Tanzania ($1.77M), and Japan ($1.57M).

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Exporters of Drilling machines for metal, except num controlled (2021 - 2022)

Importers of Drilling machines for metal, except num controlled (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Drilling machines for metal, except num controlled.

In 2022, market concentration measured using Shannon Entropy, was 3.46. This means that most of the exports of Drilling machines for metal, except num controlled are explained by 11 countries.

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Value of Exports in Drilling machines for metal, except num controlled

Net Trade

TOP NET EXPORTER (2022)China$168M
TOP NET IMPORTER (2022)United States$19.9M

This map shows which countries export or import more of Drilling machines for metal, except num controlled. Each country is colored based on the difference in exports and imports of Drilling machines for metal, except num controlled during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Drilling machines for metal, except num controlled were China ($168M), Chinese Taipei ($20.9M), Italy ($4.82M), Finland ($4.11M), and Japan ($3.83M).

In 2022, the countries that had a largest trade value in imports than in exports of Drilling machines for metal, except num controlled were United States ($19.9M), Canada ($11.7M), Mexico ($10.5M), Russia ($10.4M), and Germany ($7.69M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Drilling machines for metal, except num controlled.
It is possible to select the main countries that export or import Drilling machines for metal, except num controlled in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Drilling machines for metal, except num controlled by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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