2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported N/A in Drilling Machines, making it the 7th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 693rd most exported product in United States. The main destination of Drilling Machines exports from United States are: Canada ($25.6M), Mexico ($25M), Germany ($9.51M), Chinese Taipei ($6.73M), and United Kingdom ($5.63M).

The fastest growing export markets for Drilling Machines of United States between 2021 and 2022 were Chinese Taipei ($4.86M), Germany ($1.97M), and Vietnam ($1.05M).

The fastest growing import markets in Drilling Machines for United States between 2021 and 2022 were Italy ($16.1M), Chinese Taipei ($6.45M), and South Korea ($3.58M).

COMPANIES In 2023, leading companies such as Volvo (114), CrimsonLogic (78), and ZF Friedrichshafen (48) were at the forefront of shipping Drilling Machines to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-7.24M(-40.2%)
IMPORT GROWTH (June 2023 - June 2024)$5.58M(23.3%)
MAIN EXPORTER (June 2024)New York$6.79M

This section shows Drilling Machines's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Drilling Machines over time.

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Historical Data

Trade Balance

Color

In N/A, United States exported N/A in Drilling Machines. The main destinations of United States exports on Drilling Machines were Canada ($25.6M), Mexico ($25M), Germany ($9.51M), Chinese Taipei ($6.73M), and United Kingdom ($5.63M).

In N/A, United States imported N/A in Drilling Machines, mainly from Italy ($68.4M), Germany ($45.7M), China ($43.4M), Chinese Taipei ($40M), and Japan ($21.6M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR United States WERE (2021 - 2022):
Chinese Taipei$4.86M (261%)
Germany$1.97M (26.1%)
Vietnam$1.05M (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY United States WERE (2021 - 2022):
Canada-$8.96M (-26%)
China-$7.74M (-78.8%)
Mexico-$4.42M (-15.1%)

Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Drilling Machines were:
In 2022, United States's main importing competitors in Drilling Machines were:

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.57M
TOP IMPORT POTENTIALChina+ $11.2M

Drilling Machines’s highest export potential is China. With an export gap of $2.57M.   Drilling Machines’s highest import potential is China with an import gap of $11.2M.

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