Sign In
Pricing

722880 (Harmonized System 1992 for 6-digit)

2022
World Trade $185MRnk 3772 / 4648
2022
Top Exporter | Top Importer $32.6M | $16.5MSweden | Canada
2022
Product Complexity 0.025Rnk 2493 / 4653
2021 - 2022
Export Growth (CAGR) -9.8%Rnk 3938 / 4648
2022
Share of World Trade 0.00078%Rnk 3772 / 4648

About

Overview This page contains the latest trade data of Hollow drill bars and rods of alloy/non-alloy steel. In 2022, Hollow drill bars and rods of alloy/non-alloy steel were the world's 3772nd most traded product, with a total trade of $185M. Between 2021 and 2022 the exports of Hollow drill bars and rods of alloy/non-alloy steel decreased by -9.8%, from $206M to $185M. Trade in Hollow drill bars and rods of alloy/non-alloy steel represent 0.00078% of total world trade.

Hollow drill bars and rods of alloy/non-alloy steel are a part of Other Steel Bars.

Exports In 2022 the top exporters of Hollow drill bars and rods of alloy/non-alloy steel  were Sweden ($32.6M), China ($28.1M), Canada ($17.1M), Chile ($17M), and Japan ($14.9M).

Imports In 2022 the top importers of Hollow drill bars and rods of alloy/non-alloy steel were Canada ($16.5M), Peru ($16.4M), South Korea ($12.7M), India ($12.1M), and Australia ($11.9M).

Ranking Hollow drill bars and rods of alloy/non-alloy steel ranks 2493rd in the Product Complexity Index (PCI).

Description Hollow drill bars and rods are used in the manufacturing of bolts, screws, nuts, and pins, and in the drilling of holes in metal.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Hollow drill bars and rods of alloy/non-alloy steel. 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)Sweden$32.6M
Top Destination (2022)Canada$16.5M

In 2022 Hollow drill bars and rods of alloy/non-alloy steel were the world's 3772nd most traded product (out of 4,648).

In 2022, the top exporters of Hollow drill bars and rods of alloy/non-alloy steel were Sweden ($32.6M), China ($28.1M), Canada ($17.1M), Chile ($17M), and Japan ($14.9M).

In 2022, the top importers of Hollow drill bars and rods of alloy/non-alloy steel were Canada ($16.5M), Peru ($16.4M), South Korea ($12.7M), India ($12.1M), and Australia ($11.9M).

Explore Visualizations

Exporters of Hollow drill bars and rods of alloy/non-alloy steel (2022)
[Click to Select a Country]

Importers of Hollow drill bars and rods of alloy/non-alloy steel (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Kingdom$5.01M
Top Destination Growth (2021 -  2022)United Kingdom$2.35M

Between 2021 and 2022, the exports of Hollow drill bars and rods of alloy/non-alloy steel grew the fastest in United Kingdom ($5.01M), China ($2.99M), Chile ($1.15M), Australia ($1.14M), and United Arab Emirates ($794k).

Between 2021 and 2022, the fastest growing importers of Hollow drill bars and rods of alloy/non-alloy steel were United Kingdom ($2.35M), Mexico ($2.05M), Brazil ($1.79M), Australia ($1.28M), and Thailand ($1.15M).

Explore Visualizations

Exporters of Hollow drill bars and rods of alloy/non-alloy steel (2021 - 2022)

Importers of Hollow drill bars and rods of alloy/non-alloy steel (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hollow drill bars and rods of alloy/non-alloy steel.

In 2022, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Hollow drill bars and rods of alloy/non-alloy steel are explained by 16 countries.

Explore Visualizations

Value of Exports in Hollow drill bars and rods of alloy/non-alloy steel

Net Trade

TOP NET EXPORTER (2022)Sweden$28.9M
TOP NET IMPORTER (2022)Peru$14.6M

This map shows which countries export or import more of Hollow drill bars and rods of alloy/non-alloy steel. Each country is colored based on the difference in exports and imports of Hollow drill bars and rods of alloy/non-alloy steel during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hollow drill bars and rods of alloy/non-alloy steel were Sweden ($28.9M), China ($27.7M), Chile ($15.6M), Japan ($14.1M), and United Kingdom ($11.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Hollow drill bars and rods of alloy/non-alloy steel were Peru ($14.6M), South Korea ($11.1M), India ($10.9M), Mexico ($9.42M), and Australia ($9.11M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Hollow drill bars and rods of alloy/non-alloy steel.
It is possible to select the main countries that export or import Hollow drill bars and rods of alloy/non-alloy steel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hollow drill bars and rods of alloy/non-alloy steel 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: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms