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820711 (Harmonized System 1992 for 6-digit)

2022
World Trade $772MRnk 2469 / 4648
2022
Top Exporter | Top Importer $151M | $85.4MSweden | United States
2022
Product Complexity -0.017Rnk 2546 / 4653
2021 - 2022
Export Growth (CAGR) -3.13%Rnk 3392 / 4648
2022
Share of World Trade 0.0033%Rnk 2469 / 4648

About

Overview This page contains the latest trade data of Rock drilling, boring heads of sintered metal, carbid. In 2022, Rock drilling, boring heads of sintered metal, carbid were the world's 2469th most traded product, with a total trade of $772M. Between 2021 and 2022 the exports of Rock drilling, boring heads of sintered metal, carbid decreased by -3.13%, from $797M to $772M. Trade in Rock drilling, boring heads of sintered metal, carbid represent 0.0033% of total world trade.

Rock drilling, boring heads of sintered metal, carbid are a part of Interchangeable Tool Parts.

Exports In 2022 the top exporters of Rock drilling, boring heads of sintered metal, carbid  were Sweden ($151M), United States ($139M), China ($93.3M), India ($61.3M), and Mexico ($51.1M).

Imports In 2022 the top importers of Rock drilling, boring heads of sintered metal, carbid were United States ($85.4M), Canada ($60.5M), Australia ($54.7M), South Africa ($40.7M), and Chile ($30.9M).

Ranking Rock drilling, boring heads of sintered metal, carbid ranks 2546th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rock drilling, boring heads of sintered metal, carbid. 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 (2022)Sweden$151M
Top Destination (2022)United States$85.4M

In 2022 Rock drilling, boring heads of sintered metal, carbid were the world's 2469th most traded product (out of 4,648).

In 2022, the top exporters of Rock drilling, boring heads of sintered metal, carbid were Sweden ($151M), United States ($139M), China ($93.3M), India ($61.3M), and Mexico ($51.1M).

In 2022, the top importers of Rock drilling, boring heads of sintered metal, carbid were United States ($85.4M), Canada ($60.5M), Australia ($54.7M), South Africa ($40.7M), and Chile ($30.9M).

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Exporters of Rock drilling, boring heads of sintered metal, carbid (2022)
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Importers of Rock drilling, boring heads of sintered metal, carbid (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$13.5M
Top Destination Growth (2021 -  2022)Chile$7.88M

Between 2021 and 2022, the exports of Rock drilling, boring heads of sintered metal, carbid grew the fastest in United States ($13.5M), China ($4.65M), Norway ($4.36M), Austria ($3.65M), and India ($3.06M).

Between 2021 and 2022, the fastest growing importers of Rock drilling, boring heads of sintered metal, carbid were Chile ($7.88M), Kuwait ($6.92M), Colombia ($6.63M), Saudi Arabia ($6.41M), and Singapore ($4.48M).

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Exporters of Rock drilling, boring heads of sintered metal, carbid (2021 - 2022)

Importers of Rock drilling, boring heads of sintered metal, carbid (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rock drilling, boring heads of sintered metal, carbid.

In 2022, market concentration measured using Shannon Entropy, was 3.91. This means that most of the exports of Rock drilling, boring heads of sintered metal, carbid are explained by 15 countries.

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Value of Exports in Rock drilling, boring heads of sintered metal, carbid

Net Trade

TOP NET EXPORTER (2022)Sweden$132M
TOP NET IMPORTER (2022)Canada$48.8M

This map shows which countries export or import more of Rock drilling, boring heads of sintered metal, carbid. Each country is colored based on the difference in exports and imports of Rock drilling, boring heads of sintered metal, carbid during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Rock drilling, boring heads of sintered metal, carbid were Sweden ($132M), China ($86.9M), United States ($53.7M), India ($45.7M), and Finland ($38.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Rock drilling, boring heads of sintered metal, carbid were Canada ($48.8M), Australia ($42.4M), Chile ($22.2M), Brazil ($22.2M), and South Africa ($20.7M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Rock drilling, boring heads of sintered metal, carbid.
It is possible to select the main countries that export or import Rock drilling, boring heads of sintered metal, carbid in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rock drilling, boring heads of sintered metal, carbid 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 (2022)

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