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845929 (Harmonized System 1992 for 6-digit)

2023
World Trade $342MRnk 3214 / 4644
2023
Top Exporter | Top Importer $141M | $34.8MChina | United States
2023
Product Complexity 0.36Rnk 1913 / 4656
2022 - 2023
Export Growth (CAGR) -9.6%Rnk 2650 / 4644
2023
Share of World Trade 0.0015%Rnk 3214 / 4644

About

Overview This page contains the latest trade data of Drilling machines for metal, except num controlled. In 2023, Drilling machines for metal, except num controlled were the world's 3214th most traded product, with a total trade of $342M. Between 2022 and 2023 the exports of Drilling machines for metal, except num controlled decreased by -9.6%, from $378M to $342M. Trade in Drilling machines for metal, except num controlled represent 0.0015% of total world trade.

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

Exports In 2023 the top exporters of Drilling machines for metal, except num controlled  were China ($141M), United States ($29M), Germany ($25.3M), Chinese Taipei ($21.7M), and Japan ($12M).

Imports In 2023 the top importers of Drilling machines for metal, except num controlled were United States ($34.8M), Canada ($26.6M), Russia ($16.7M), India ($15.1M), and Germany ($15M).

Ranking Drilling machines for metal, except num controlled ranks 1913th 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 (2023)China$141M
Top Destination (2023)United States$34.8M

In 2023 Drilling machines for metal, except num controlled were the world's 3214th most traded product (out of 4,644).

In 2023, the top exporters of Drilling machines for metal, except num controlled were China ($141M), United States ($29M), Germany ($25.3M), Chinese Taipei ($21.7M), and Japan ($12M).

In 2023, the top importers of Drilling machines for metal, except num controlled were United States ($34.8M), Canada ($26.6M), Russia ($16.7M), India ($15.1M), and Germany ($15M).

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Exporters of Drilling machines for metal, except num controlled (2023)
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Importers of Drilling machines for metal, except num controlled (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$8.91M
Top Destination Growth (2022 -  2023)Canada$13.7M

Between 2022 and 2023, the exports of Drilling machines for metal, except num controlled grew the fastest in Netherlands ($8.91M), United States ($8.53M), Mexico ($2.62M), Finland ($2.43M), and United Kingdom ($2.05M).

Between 2022 and 2023, the fastest growing importers of Drilling machines for metal, except num controlled were Canada ($13.7M), Russia ($5.22M), Eritrea ($4.21M), India ($2.85M), and Thailand ($2.55M).

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Exporters of Drilling machines for metal, except num controlled (2022 - 2023)

Importers of Drilling machines for metal, except num controlled (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.66. This means that most of the exports of Drilling machines for metal, except num controlled are explained by 12 countries.

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

Net Trade

TOP NET EXPORTER (2023)China$137M
TOP NET IMPORTER (2023)Canada$25.9M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Drilling machines for metal, except num controlled were China ($137M), Chinese Taipei ($20.7M), Germany ($10.4M), Japan ($9.36M), and Finland ($7.83M).

In 2023, the countries that had a largest trade value in imports than in exports of Drilling machines for metal, except num controlled were Canada ($25.9M), Russia ($15M), Thailand ($9.84M), India ($9.41M), and Turkey ($9.25M).

Net Trade (2023)

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 (2023)

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