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850810 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.41BRnk 709 / 4648
2022
Top Exporter | Top Importer $2.77B | $982MChina | United States
2022
Product Complexity 0.83Rnk 1059 / 4653
2021 - 2022
Export Growth (CAGR) -13.7%Rnk 4125 / 4648
2022
Share of World Trade 0.023%Rnk 709 / 4648

About

Overview This page contains the latest trade data of Drills, hand-held, with self-contained electric motor. In 2022, Drills, hand-held, with self-contained electric motor were the world's 709th most traded product, with a total trade of $5.41B. Between 2021 and 2022 the exports of Drills, hand-held, with self-contained electric motor decreased by -13.7%, from $6.27B to $5.41B. Trade in Drills, hand-held, with self-contained electric motor represent 0.023% of total world trade.

Drills, hand-held, with self-contained electric motor are a part of Vacuum Cleaners.

Exports In 2022 the top exporters of Drills, hand-held, with self-contained electric motor  were China ($2.77B), Germany ($523M), Romania ($248M), Vietnam ($241M), and Mexico ($221M).

Imports In 2022 the top importers of Drills, hand-held, with self-contained electric motor were United States ($982M), Germany ($600M), France ($305M), Poland ($226M), and United Kingdom ($201M).

Ranking Drills, hand-held, with self-contained electric motor ranks 1059th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Drills, hand-held, with self-contained electric motor. 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$2.77B
Top Destination (2022)United States$982M

In 2022 Drills, hand-held, with self-contained electric motor were the world's 709th most traded product (out of 4,648).

In 2022, the top exporters of Drills, hand-held, with self-contained electric motor were China ($2.77B), Germany ($523M), Romania ($248M), Vietnam ($241M), and Mexico ($221M).

In 2022, the top importers of Drills, hand-held, with self-contained electric motor were United States ($982M), Germany ($600M), France ($305M), Poland ($226M), and United Kingdom ($201M).

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Exporters of Drills, hand-held, with self-contained electric motor (2022)
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Importers of Drills, hand-held, with self-contained electric motor (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Vietnam$73.3M
Top Destination Growth (2021 -  2022)Kyrgyzstan$9.63M

Between 2021 and 2022, the exports of Drills, hand-held, with self-contained electric motor grew the fastest in Vietnam ($73.3M), Mexico ($49.2M), Spain ($19.6M), Estonia ($6.39M), and India ($5.63M).

Between 2021 and 2022, the fastest growing importers of Drills, hand-held, with self-contained electric motor were Kyrgyzstan ($9.63M), Chinese Taipei ($5.23M), Lithuania ($4.72M), Argentina ($4.48M), and Nigeria ($4.12M).

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Exporters of Drills, hand-held, with self-contained electric motor (2021 - 2022)

Importers of Drills, hand-held, with self-contained electric motor (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Drills, hand-held, with self-contained electric motor.

In 2022, market concentration measured using Shannon Entropy, was 3.09. This means that most of the exports of Drills, hand-held, with self-contained electric motor are explained by 8 countries.

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Value of Exports in Drills, hand-held, with self-contained electric motor

Net Trade

TOP NET EXPORTER (2022)China$2.75B
TOP NET IMPORTER (2022)United States$897M

This map shows which countries export or import more of Drills, hand-held, with self-contained electric motor. Each country is colored based on the difference in exports and imports of Drills, hand-held, with self-contained electric motor during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Drills, hand-held, with self-contained electric motor were China ($2.75B), Romania ($211M), Vietnam ($191M), Mexico ($130M), and Malaysia ($68.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Drills, hand-held, with self-contained electric motor were United States ($897M), France ($272M), Russia ($173M), Poland ($144M), and United Kingdom ($124M).

Net Trade (2022)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Drills, hand-held, with self-contained electric motor.
It is possible to select the main countries that export or import Drills, hand-held, with self-contained electric motor in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Drills, hand-held, with self-contained electric motor 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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