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820719 (Harmonized System 1996 for 6-digit)

2022
World Trade $2.59BRnk 1292 / 4769
2022
Top Exporter | Top Importer $676M | $295MChina | United States
2022
Product Complexity 0.12Rnk 2401 / 4776
2021 - 2022
Export Growth (CAGR) 13.8%Rnk 1264 / 4769
2022
Share of World Trade 0.011%Rnk 1292 / 4769

About

Overview This page contains the latest trade data of Interchangeable rock drilling tools without cermet components, with additional parts. In 2022, Interchangeable rock drilling tools without cermet components, with additional parts were the world's 1292nd most traded product, with a total trade of $2.59B. Between 2021 and 2022 the exports of Interchangeable rock drilling tools without cermet components, with additional parts grew by 13.8%, from $2.27B to $2.59B. 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 2022 the top exporters of Interchangeable rock drilling tools without cermet components, with additional parts  were China ($676M), United States ($571M), Germany ($114M), Sweden ($114M), and Canada ($108M).

Imports In 2022 the top importers of Interchangeable rock drilling tools without cermet components, with additional parts were United States ($295M), Canada ($197M), Australia ($133M), Saudi Arabia ($125M), and Mexico ($97.8M).

Ranking Interchangeable rock drilling tools without cermet components, with additional parts ranks 2401st 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 (2022)China$676M
Top Destination (2022)United States$295M

In 2022 Interchangeable rock drilling tools without cermet components, with additional parts were the world's 1292nd most traded product (out of 4,769).

In 2022, the top exporters of Interchangeable rock drilling tools without cermet components, with additional parts were China ($676M), United States ($571M), Germany ($114M), Sweden ($114M), and Canada ($108M).

In 2022, the top importers of Interchangeable rock drilling tools without cermet components, with additional parts were United States ($295M), Canada ($197M), Australia ($133M), Saudi Arabia ($125M), and Mexico ($97.8M).

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Exporters of Interchangeable rock drilling tools without cermet components, with additional parts (2022)
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Importers of Interchangeable rock drilling tools without cermet components, with additional parts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$119M
Top Destination Growth (2021 -  2022)United States$90.3M

Between 2021 and 2022, the exports of Interchangeable rock drilling tools without cermet components, with additional parts grew the fastest in China ($119M), United States ($72M), Ireland ($40.8M), United Arab Emirates ($30.1M), and Sweden ($23.9M).

Between 2021 and 2022, the fastest growing importers of Interchangeable rock drilling tools without cermet components, with additional parts were United States ($90.3M), Kuwait ($40.3M), Saudi Arabia ($36.3M), Canada ($20.9M), and India ($18M).

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Exporters of Interchangeable rock drilling tools without cermet components, with additional parts (2021 - 2022)

Importers of Interchangeable rock drilling tools without cermet components, with additional parts (2021 - 2022)

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 2022, market concentration measured using Shannon Entropy, was 4.07. This means that most of the exports of Interchangeable rock drilling tools without cermet components, with additional parts are explained by 16 countries.

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

Net Trade

TOP NET EXPORTER (2022)China$652M
TOP NET IMPORTER (2022)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 2022.

In 2022, 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 ($652M), United States ($276M), Sweden ($84M), Germany ($41.8M), and South Korea ($39.5M).

In 2022, 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), Canada ($88.4M), Saudi Arabia ($80.6M), Mexico ($70.3M), and Kuwait ($62.1M).

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 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 (2022)

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