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Pricing

2020
Exports $309World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Drilling Machines1.13Rnk 123 / 1025
2020
Imports $295kWorld Rnk 142 / 210
Flag Rnk 689 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela-0.87Rnk 107 / 133

About

Imports In 2022, Venezuela imported $295k in Drilling Machines, becoming the 142nd largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 689th most imported product in Venezuela. Venezuela imports Drilling Machines primarily from: China ($229k), United States ($31.4k), Brazil ($20k), Spain ($11.9k), and Italy ($2.58k).

The fastest growing import markets in Drilling Machines for Venezuela between 2021 and 2022 were China ($155k), United States ($31.4k), and Brazil ($20k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Drilling Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2020)$309
IMPORTS (2022)$295k
NET TRADE (2022)-$295k

In 2022, Venezuela imported $295k in Drilling Machines, mainly from China ($229k), United States ($31.4k), Brazil ($20k), Spain ($11.9k), and Italy ($2.58k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Drilling Machines were:
Germany $530M
China $481M
Italy $319M
In 2022, Venezuela's main importing competitors in Drilling Machines were:
China $323M
United States $317M
Germany $221M

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Drilling Machines’s highest export potential is N/A. With an export gap of N/A.   Drilling Machines’s highest import potential is N/A with an import gap of N/A.

See methodology.

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