New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

820750 (Harmonized System 1992 for 6-digit)

2022
World Trade $4.85BRnk 783 / 4648
2022
Top Exporter | Top Importer $1.45B | $648MChina | Germany
2022
Product Complexity 1.35Rnk 311 / 4653
2021 - 2022
Export Growth (CAGR) -2.7%Rnk 3339 / 4648
2022
Share of World Trade 0.02%Rnk 783 / 4648

About

Overview This page contains the latest trade data of Tools for drilling, other than for rock drilling. In 2022, Tools for drilling, other than for rock drilling were the world's 783rd most traded product, with a total trade of $4.85B. Between 2021 and 2022 the exports of Tools for drilling, other than for rock drilling decreased by -2.7%, from $4.99B to $4.85B. Trade in Tools for drilling, other than for rock drilling represent 0.02% of total world trade.

Tools for drilling, other than for rock drilling are a part of Interchangeable Tool Parts.

Exports In 2022 the top exporters of Tools for drilling, other than for rock drilling  were China ($1.45B), Germany ($1.18B), United States ($281M), Switzerland ($246M), and Japan ($227M).

Imports In 2022 the top importers of Tools for drilling, other than for rock drilling were Germany ($648M), United States ($640M), Netherlands ($294M), Switzerland ($233M), and France ($199M).

Ranking Tools for drilling, other than for rock drilling ranks 311th in the Product Complexity Index (PCI).

Description Non-rock drilling tools are commonly used to create holes in a variety of materials. These include plastics, metals, woods, and other materials.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Tools for drilling, other than for rock drilling. 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 (2022)China$1.45B
Top Destination (2022)Germany$648M

In 2022 Tools for drilling, other than for rock drilling were the world's 783rd most traded product (out of 4,648).

In 2022, the top exporters of Tools for drilling, other than for rock drilling were China ($1.45B), Germany ($1.18B), United States ($281M), Switzerland ($246M), and Japan ($227M).

In 2022, the top importers of Tools for drilling, other than for rock drilling were Germany ($648M), United States ($640M), Netherlands ($294M), Switzerland ($233M), and France ($199M).

Explore Visualizations

Exporters of Tools for drilling, other than for rock drilling (2022)
[Click to Select a Country]

Importers of Tools for drilling, other than for rock drilling (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$51.5M
Top Destination Growth (2021 -  2022)Netherlands$97.4M

Between 2021 and 2022, the exports of Tools for drilling, other than for rock drilling grew the fastest in United States ($51.5M), Austria ($39.7M), Slovenia ($28.3M), United Arab Emirates ($15M), and Netherlands ($10.9M).

Between 2021 and 2022, the fastest growing importers of Tools for drilling, other than for rock drilling were Netherlands ($97.4M), Slovenia ($36.4M), Canada ($19.4M), United States ($18.4M), and Saudi Arabia ($13.8M).

Explore Visualizations

Exporters of Tools for drilling, other than for rock drilling (2021 - 2022)

Importers of Tools for drilling, other than for rock drilling (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tools for drilling, other than for rock drilling.

In 2022, market concentration measured using Shannon Entropy, was 3.65. This means that most of the exports of Tools for drilling, other than for rock drilling are explained by 12 countries.

Explore Visualizations

Value of Exports in Tools for drilling, other than for rock drilling

Net Trade

TOP NET EXPORTER (2022)China$1.29B
TOP NET IMPORTER (2022)United States$359M

This map shows which countries export or import more of Tools for drilling, other than for rock drilling. Each country is colored based on the difference in exports and imports of Tools for drilling, other than for rock drilling during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Tools for drilling, other than for rock drilling were China ($1.29B), Germany ($529M), Japan ($110M), Austria ($37.7M), and Chinese Taipei ($29.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Tools for drilling, other than for rock drilling were United States ($359M), Netherlands ($178M), Russia ($117M), Canada ($117M), and Mexico ($106M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Tools for drilling, other than for rock drilling.
It is possible to select the main countries that export or import Tools for drilling, other than for rock drilling in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tools for drilling, other than for rock drilling 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms