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845921 (Harmonized System 1992 for 6-digit)

2023
World Trade $276MRnk 3406 / 4644
2023
Top Exporter | Top Importer $48.2M | $51.2MItaly | United States
2023
Product Complexity 1.34Rnk 292 / 4656
2022 - 2023
Export Growth (CAGR) 9.93%Rnk 688 / 4644
2023
Share of World Trade 0.0012%Rnk 3406 / 4644

About

Overview This page contains the latest trade data of Numerically controlled metal working drill machines. In 2023, Numerically controlled metal working drill machines were the world's 3406th most traded product, with a total trade of $276M. Between 2022 and 2023 the exports of Numerically controlled metal working drill machines grew by 9.93%, from $251M to $276M. Trade in Numerically controlled metal working drill machines represent 0.0012% of total world trade.

Numerically controlled metal working drill machines are a part of Drilling Machines.

Exports In 2023 the top exporters of Numerically controlled metal working drill machines  were Italy ($48.2M), China ($44.6M), Germany ($26.2M), United States ($18.6M), and Japan ($17.9M).

Imports In 2023 the top importers of Numerically controlled metal working drill machines were United States ($51.2M), China ($26.9M), Canada ($16M), Russia ($12M), and Germany ($9.42M).

Ranking Numerically controlled metal working drill machines ranks 292nd in the Product Complexity Index (PCI).

Description Numerically controlled metal working drill machines are used in a variety of industries to drill holes and cut metal components.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Numerically controlled metal working drill machines. 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)Italy$48.2M
Top Destination (2023)United States$51.2M

In 2023 Numerically controlled metal working drill machines were the world's 3406th most traded product (out of 4,644).

In 2023, the top exporters of Numerically controlled metal working drill machines were Italy ($48.2M), China ($44.6M), Germany ($26.2M), United States ($18.6M), and Japan ($17.9M).

In 2023, the top importers of Numerically controlled metal working drill machines were United States ($51.2M), China ($26.9M), Canada ($16M), Russia ($12M), and Germany ($9.42M).

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Exporters of Numerically controlled metal working drill machines (2023)
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Importers of Numerically controlled metal working drill machines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$13.5M
Top Destination Growth (2022 -  2023)United States$22.8M

Between 2022 and 2023, the exports of Numerically controlled metal working drill machines grew the fastest in Italy ($13.5M), Hong Kong ($7.5M), France ($7.26M), Germany ($6.54M), and Portugal ($4.63M).

Between 2022 and 2023, the fastest growing importers of Numerically controlled metal working drill machines were United States ($22.8M), Canada ($8.03M), Russia ($5.22M), United Arab Emirates ($3.17M), and Romania ($2.98M).

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Exporters of Numerically controlled metal working drill machines (2022 - 2023)

Importers of Numerically controlled metal working drill machines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Numerically controlled metal working drill machines.

In 2023, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Numerically controlled metal working drill machines are explained by 14 countries.

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Value of Exports in Numerically controlled metal working drill machines

Net Trade

TOP NET EXPORTER (2023)Italy$43.2M
TOP NET IMPORTER (2023)United States$32.6M

This map shows which countries export or import more of Numerically controlled metal working drill machines. Each country is colored based on the difference in exports and imports of Numerically controlled metal working drill machines during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Numerically controlled metal working drill machines were Italy ($43.2M), China ($17.7M), Germany ($16.8M), Japan ($13.9M), and Netherlands ($13.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Numerically controlled metal working drill machines were United States ($32.6M), Russia ($11.9M), Canada ($8.39M), India ($7.04M), and Mexico ($6.98M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Numerically controlled metal working drill machines.
It is possible to select the main countries that export or import Numerically controlled metal working drill machines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Numerically controlled metal working drill machines 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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