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820719 (Harmonized System 1996 for 6-digit)

2023
World Trade $2.52BRnk 1244 / 4766
2023
Top Exporter | Top Importer $677M | $222MChina | United States
2023
Product Complexity 0.28Rnk 2128 / 4780
2022 - 2023
Export Growth (CAGR) -1.14%Rnk 1697 / 4766
2023
Share of World Trade 0.011%Rnk 1244 / 4766

About

Overview This page contains the latest trade data of Interchangeable rock drilling tools without cermet components, with additional parts. In 2023, Interchangeable rock drilling tools without cermet components, with additional parts were the world's 1244th most traded product, with a total trade of $2.52B. Between 2022 and 2023 the exports of Interchangeable rock drilling tools without cermet components, with additional parts decreased by -1.14%, from $2.55B to $2.52B. Trade in Interchangeable rock drilling tools without cermet components, with additional parts represent 0.011% of total world trade.

Interchangeable rock drilling tools without cermet components, with additional parts are a part of Tools, interchangeable; for hand tools, whether or not power-operated, or for machine....

Exports In 2023 the top exporters of Interchangeable rock drilling tools without cermet components, with additional parts  were China ($677M), United States ($579M), Sweden ($136M), Germany ($126M), and Canada ($93.1M).

Imports In 2023 the top importers of Interchangeable rock drilling tools without cermet components, with additional parts were United States ($222M), Canada ($176M), Saudi Arabia ($160M), Australia ($139M), and Mexico ($121M).

Ranking Interchangeable rock drilling tools without cermet components, with additional parts ranks 2128th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Interchangeable rock drilling tools without cermet components, with additional parts. 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 (2023)China$677M
Top Destination (2023)United States$222M

In 2023 Interchangeable rock drilling tools without cermet components, with additional parts were the world's 1244th most traded product (out of 4,766).

In 2023, the top exporters of Interchangeable rock drilling tools without cermet components, with additional parts were China ($677M), United States ($579M), Sweden ($136M), Germany ($126M), and Canada ($93.1M).

In 2023, the top importers of Interchangeable rock drilling tools without cermet components, with additional parts were United States ($222M), Canada ($176M), Saudi Arabia ($160M), Australia ($139M), and Mexico ($121M).

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Exporters of Interchangeable rock drilling tools without cermet components, with additional parts (2023)
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Importers of Interchangeable rock drilling tools without cermet components, with additional parts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Saudi Arabia$20.3M
Top Destination Growth (2022 -  2023)United Arab Emirates$35.5M

Between 2022 and 2023, the exports of Interchangeable rock drilling tools without cermet components, with additional parts grew the fastest in Saudi Arabia ($20.3M), Singapore ($16.5M), Italy ($15.8M), United Arab Emirates ($12.5M), and China ($10.1M).

Between 2022 and 2023, the fastest growing importers of Interchangeable rock drilling tools without cermet components, with additional parts were United Arab Emirates ($35.5M), Saudi Arabia ($25M), Mexico ($13.2M), Kazakhstan ($11.7M), and Peru ($9.16M).

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Exporters of Interchangeable rock drilling tools without cermet components, with additional parts (2022 - 2023)

Importers of Interchangeable rock drilling tools without cermet components, with additional parts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Interchangeable rock drilling tools without cermet components, with additional parts.

In 2023, market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Interchangeable rock drilling tools without cermet components, with additional parts are explained by 15 countries.

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Value of Exports in Interchangeable rock drilling tools without cermet components, with additional parts

Net Trade

TOP NET EXPORTER (2023)China$655M
TOP NET IMPORTER (2023)Australia$117M

This map shows which countries export or import more of Interchangeable rock drilling tools without cermet components, with additional parts. Each country is colored based on the difference in exports and imports of Interchangeable rock drilling tools without cermet components, with additional parts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Interchangeable rock drilling tools without cermet components, with additional parts were China ($655M), United States ($357M), Sweden ($115M), Germany ($67.9M), and Italy ($51.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Interchangeable rock drilling tools without cermet components, with additional parts were Australia ($117M), Saudi Arabia ($112M), Mexico ($96.6M), Canada ($82.9M), and Russia ($61.6M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Interchangeable rock drilling tools without cermet components, with additional parts.
It is possible to select the main countries that export or import Interchangeable rock drilling tools without cermet components, with additional parts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Interchangeable rock drilling tools without cermet components, with additional parts 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 (2023)

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