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Drills, hand-held, with self-contained electric motor

850810 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.2BRnk 855 / 4644
2023
Top Exporter | Top Importer $2.38B | $593MChina | United States
2023
Product Complexity 0.81Rnk 1097 / 4656
2022 - 2023
Export Growth (CAGR) -17.4%Rnk 3464 / 4644
2023
Share of World Trade 0.019%Rnk 855 / 4644

About

Overview This page contains the latest trade data of Drills, hand-held, with self-contained electric motor. In 2023, Drills, hand-held, with self-contained electric motor were the world's 855th most traded product, with a total trade of $4.2B. Between 2022 and 2023 the exports of Drills, hand-held, with self-contained electric motor decreased by -17.4%, from $5.09B to $4.2B. Trade in Drills, hand-held, with self-contained electric motor represent 0.019% of total world trade.

Drills, hand-held, with self-contained electric motor are a part of Vacuum Cleaners.

Exports In 2023 the top exporters of Drills, hand-held, with self-contained electric motor  were China ($2.38B), Germany ($417M), Austria ($153M), Mexico ($130M), and Czechia ($125M).

Imports In 2023 the top importers of Drills, hand-held, with self-contained electric motor were United States ($593M), Germany ($395M), Russia ($284M), France ($197M), and United Kingdom ($188M).

Ranking Drills, hand-held, with self-contained electric motor ranks 1097th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Drills, hand-held, with self-contained electric motor. 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$2.38B
Top Destination (2023)United States$593M

In 2023 Drills, hand-held, with self-contained electric motor were the world's 855th most traded product (out of 4,644).

In 2023, the top exporters of Drills, hand-held, with self-contained electric motor were China ($2.38B), Germany ($417M), Austria ($153M), Mexico ($130M), and Czechia ($125M).

In 2023, the top importers of Drills, hand-held, with self-contained electric motor were United States ($593M), Germany ($395M), Russia ($284M), France ($197M), and United Kingdom ($188M).

Explore Visualizations

Exporters of Drills, hand-held, with self-contained electric motor (2023)
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Importers of Drills, hand-held, with self-contained electric motor (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Czechia$24.6M
Top Destination Growth (2022 -  2023)Russia$104M

Between 2022 and 2023, the exports of Drills, hand-held, with self-contained electric motor grew the fastest in Czechia ($24.6M), India ($10.8M), Kazakhstan ($6.31M), Belgium ($4.95M), and Hungary ($3.22M).

Between 2022 and 2023, the fastest growing importers of Drills, hand-held, with self-contained electric motor were Russia ($104M), Turkey ($30.8M), Kazakhstan ($27.4M), United Arab Emirates ($15.9M), and Malaysia ($14.3M).

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Exporters of Drills, hand-held, with self-contained electric motor (2022 - 2023)

Importers of Drills, hand-held, with self-contained electric motor (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Drills, hand-held, with self-contained electric motor.

In 2023, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Drills, hand-held, with self-contained electric motor are explained by 7 countries.

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Value of Exports in Drills, hand-held, with self-contained electric motor

Net Trade

TOP NET EXPORTER (2023)China$2.36B
TOP NET IMPORTER (2023)United States$556M

This map shows which countries export or import more of Drills, hand-held, with self-contained electric motor. Each country is colored based on the difference in exports and imports of Drills, hand-held, with self-contained electric motor during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Drills, hand-held, with self-contained electric motor were China ($2.36B), Romania ($93.6M), Vietnam ($76.1M), Austria ($73.2M), and Czechia ($64M).

In 2023, the countries that had a largest trade value in imports than in exports of Drills, hand-held, with self-contained electric motor were United States ($556M), Russia ($281M), France ($174M), United Kingdom ($137M), and Italy ($108M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Drills, hand-held, with self-contained electric motor.
It is possible to select the main countries that export or import Drills, hand-held, with self-contained electric motor in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Drills, hand-held, with self-contained electric motor 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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