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843041 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.52BRnk 1036 / 4648
2022
Top Exporter | Top Importer $706M | $378MChina | United States
2022
Product Complexity -1.18Rnk 3995 / 4653
2021 - 2022
Export Growth (CAGR) 10.7%Rnk 1533 / 4648
2022
Share of World Trade 0.015%Rnk 1036 / 4648

About

Overview This page contains the latest trade data of Boring or sinking machinery nes, self-propelled. In 2022, Boring or sinking machinery nes, self-propelled were the world's 1036th most traded product, with a total trade of $3.52B. Between 2021 and 2022 the exports of Boring or sinking machinery nes, self-propelled grew by 10.7%, from $3.18B to $3.52B. Trade in Boring or sinking machinery nes, self-propelled represent 0.015% of total world trade.

Boring or sinking machinery nes, self-propelled are a part of Other Construction Vehicles.

Exports In 2022 the top exporters of Boring or sinking machinery nes, self-propelled  were China ($706M), United States ($401M), Italy ($365M), Sweden ($336M), and Germany ($309M).

Imports In 2022 the top importers of Boring or sinking machinery nes, self-propelled were United States ($378M), Australia ($241M), Canada ($195M), India ($195M), and Russia ($164M).

Ranking Boring or sinking machinery nes, self-propelled ranks 3995th in the Product Complexity Index (PCI).

Description Boring machinery includes drills, jackhammers, rotary drills, and earthmoving equipment. Sinking machinery includes pile driving equipment, pile-driving hammers, and pile-driving cranes.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Boring or sinking machinery nes, self-propelled. 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)China$706M
Top Destination (2022)United States$378M

In 2022 Boring or sinking machinery nes, self-propelled were the world's 1036th most traded product (out of 4,648).

In 2022, the top exporters of Boring or sinking machinery nes, self-propelled were China ($706M), United States ($401M), Italy ($365M), Sweden ($336M), and Germany ($309M).

In 2022, the top importers of Boring or sinking machinery nes, self-propelled were United States ($378M), Australia ($241M), Canada ($195M), India ($195M), and Russia ($164M).

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Exporters of Boring or sinking machinery nes, self-propelled (2022)
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Importers of Boring or sinking machinery nes, self-propelled (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$285M
Top Destination Growth (2021 -  2022)Saudi Arabia$110M

Between 2021 and 2022, the exports of Boring or sinking machinery nes, self-propelled grew the fastest in China ($285M), United States ($58.8M), Singapore ($41.4M), Germany ($13.3M), and South Africa ($13M).

Between 2021 and 2022, the fastest growing importers of Boring or sinking machinery nes, self-propelled were Saudi Arabia ($110M), United States ($80.7M), India ($61.8M), Australia ($43.8M), and South Africa ($31.9M).

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Exporters of Boring or sinking machinery nes, self-propelled (2021 - 2022)

Importers of Boring or sinking machinery nes, self-propelled (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Boring or sinking machinery nes, self-propelled.

In 2022, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Boring or sinking machinery nes, self-propelled are explained by 17 countries.

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Value of Exports in Boring or sinking machinery nes, self-propelled

Net Trade

TOP NET EXPORTER (2022)China$681M
TOP NET IMPORTER (2022)Australia$213M

This map shows which countries export or import more of Boring or sinking machinery nes, self-propelled. Each country is colored based on the difference in exports and imports of Boring or sinking machinery nes, self-propelled during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Boring or sinking machinery nes, self-propelled were China ($681M), Italy ($330M), Sweden ($307M), Finland ($285M), and Germany ($233M).

In 2022, the countries that had a largest trade value in imports than in exports of Boring or sinking machinery nes, self-propelled were Australia ($213M), Russia ($162M), Canada ($132M), Saudi Arabia ($131M), and India ($117M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Boring or sinking machinery nes, self-propelled.
It is possible to select the main countries that export or import Boring or sinking machinery nes, self-propelled in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Boring or sinking machinery nes, self-propelled 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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