NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

845939 (Harmonized System 1992 for 6-digit)

2023
World Trade $84MRnk 4134 / 4644
2023
Top Exporter | Top Importer $20.3M | $6.77MChina | India
2023
Product Complexity 1.24Rnk 415 / 4656
2022 - 2023
Export Growth (CAGR) -9.38%Rnk 2626 / 4644
2023
Share of World Trade 0.00037%Rnk 4134 / 4644

About

Overview This page contains the latest trade data of Boring-milling machines nes for removing metal. In 2023, Boring-milling machines nes for removing metal were the world's 4134th most traded product, with a total trade of $84M. Between 2022 and 2023 the exports of Boring-milling machines nes for removing metal decreased by -9.38%, from $92.7M to $84M. Trade in Boring-milling machines nes for removing metal represent 0.00037% of total world trade.

Boring-milling machines nes for removing metal are a part of Drilling Machines.

Exports In 2023 the top exporters of Boring-milling machines nes for removing metal  were China ($20.3M), Germany ($12.9M), Chinese Taipei ($8.12M), Czechia ($6.95M), and United States ($4.88M).

Imports In 2023 the top importers of Boring-milling machines nes for removing metal were India ($6.77M), Germany ($6.55M), Russia ($5.16M), Austria ($4.49M), and Thailand ($4.11M).

Ranking Boring-milling machines nes for removing metal ranks 415th in the Product Complexity Index (PCI).

Description Boring a hole in an object is a process of cutting out a hole in an object with a rotary cutting tool. This process is usually done with a milling machine, which is capable of creating the hole with a drill bit. Boring mills are typically used for cutting out holes in metal for electrical work, or for cutting out holes in a larger piece of metal so that it can be welded to another piece.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Boring-milling machines nes for removing metal. Countries are shown based on data availability.

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

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)China$20.3M
Top Destination (2023)India$6.77M

In 2023 Boring-milling machines nes for removing metal were the world's 4134th most traded product (out of 4,644).

In 2023, the top exporters of Boring-milling machines nes for removing metal were China ($20.3M), Germany ($12.9M), Chinese Taipei ($8.12M), Czechia ($6.95M), and United States ($4.88M).

In 2023, the top importers of Boring-milling machines nes for removing metal were India ($6.77M), Germany ($6.55M), Russia ($5.16M), Austria ($4.49M), and Thailand ($4.11M).

Explore Visualizations

Exporters of Boring-milling machines nes for removing metal (2023)
[Click to Select a Country]

Importers of Boring-milling machines nes for removing metal (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$4.54M
Top Destination Growth (2022 -  2023)Russia$2.06M

Between 2022 and 2023, the exports of Boring-milling machines nes for removing metal grew the fastest in Germany ($4.54M), India ($1.11M), United Kingdom ($1M), Hungary ($842k), and Denmark ($840k).

Between 2022 and 2023, the fastest growing importers of Boring-milling machines nes for removing metal were Russia ($2.06M), China ($1.79M), Kazakhstan ($1.43M), Slovakia ($1.34M), and Hong Kong ($1.22M).

Explore Visualizations

Exporters of Boring-milling machines nes for removing metal (2022 - 2023)

Importers of Boring-milling machines nes for removing metal (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Boring-milling machines nes for removing metal.

In 2023, market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Boring-milling machines nes for removing metal are explained by 16 countries.

Explore Visualizations

Value of Exports in Boring-milling machines nes for removing metal

Net Trade

TOP NET EXPORTER (2023)China$17.5M
TOP NET IMPORTER (2023)India$5.27M

This map shows which countries export or import more of Boring-milling machines nes for removing metal. Each country is colored based on the difference in exports and imports of Boring-milling machines nes for removing metal during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Boring-milling machines nes for removing metal were China ($17.5M), Chinese Taipei ($7.99M), Germany ($6.34M), Czechia ($5.22M), and Japan ($1.99M).

In 2023, the countries that had a largest trade value in imports than in exports of Boring-milling machines nes for removing metal were India ($5.27M), Russia ($5M), Thailand ($4.08M), Slovakia ($2.03M), and Kazakhstan ($2M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Boring-milling machines nes for removing metal 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 (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms