2022
Exports
$19.6MWorld Rnk 17 / 156
Flag Rnk 754 / 1212
2022
PRODUCT COMPLEXITY IN Drilling Machines
1.13Rnk 123 / 1025
2022
Imports
$103MWorld Rnk 5 / 210
Flag Rnk 457 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $19.6M in Drilling Machines, making it the 17th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 754th most exported product in India. The main destination of Drilling Machines exports from India are: United States ($6.68M), United Arab Emirates ($1.15M), Italy ($1.12M), Bangladesh ($896k), and Germany ($879k).

The fastest growing export markets for Drilling Machines of India between 2021 and 2022 were United States ($1.5M), Germany ($667k), and Russia ($381k).

Imports In 2022, India imported $103M in Drilling Machines, becoming the 5th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 457th most imported product in India. India imports Drilling Machines primarily from: China ($23.3M), Germany ($16M), Chinese Taipei ($10.4M), Italy ($8.81M), and United Kingdom ($8.14M).

The fastest growing import markets in Drilling Machines for India between 2021 and 2022 were China ($6.12M), Germany ($5.49M), and United Kingdom ($4.37M).

COMPANIES In 2023, leading companies such as CNH Industrial (2) and Amazon (1) were at the forefront of shipping Drilling Machines from India to the United States.

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Drilling Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.6M
IMPORTS (2022)$103M
NET TRADE (2022)-$83.1M

In 2022, India exported $19.6M in Drilling Machines. The main destinations of India exports on Drilling Machines were United States ($6.68M), United Arab Emirates ($1.15M), Italy ($1.12M), Bangladesh ($896k), and Germany ($879k).

In 2022, India imported $103M in Drilling Machines, mainly from China ($23.3M), Germany ($16M), Chinese Taipei ($10.4M), Italy ($8.81M), and United Kingdom ($8.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$1.5M (28.9%)
Germany$667k (314%)
Russia$381k (156%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY India WERE (2021 - 2022):
Indonesia-$2.14M (-84.1%)
Turkey-$636k (-69.4%)
United Kingdom-$552k (-58.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Drilling Machines were:
In 2022, India's main importing competitors in Drilling Machines were:

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.65M
TOP IMPORT POTENTIALChina+ $15.8M

Drilling Machines’s highest export potential is United States. With an export gap of $2.65M.   Drilling Machines’s highest import potential is China with an import gap of $15.8M.

See methodology.

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