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845921 (Harmonized System 1992 for 6-digit)

2022
World Trade $262MRnk 3524 / 4648
2022
Top Exporter | Top Importer $41.1M | $35.4MChina | China
2022
Product Complexity 1.19Rnk 510 / 4653
2021 - 2022
Export Growth (CAGR) -3.07%Rnk 3387 / 4648
2022
Share of World Trade 0.0011%Rnk 3524 / 4648

About

Overview This page contains the latest trade data of Numerically controlled metal working drill machines. In 2022, Numerically controlled metal working drill machines were the world's 3524th most traded product, with a total trade of $262M. Between 2021 and 2022 the exports of Numerically controlled metal working drill machines decreased by -3.07%, from $271M to $262M. Trade in Numerically controlled metal working drill machines represent 0.0011% of total world trade.

Numerically controlled metal working drill machines are a part of Drilling Machines.

Exports In 2022 the top exporters of Numerically controlled metal working drill machines  were China ($41.1M), Italy ($39.9M), Chinese Taipei ($35.1M), Germany ($22.4M), and Spain ($19.6M).

Imports In 2022 the top importers of Numerically controlled metal working drill machines were China ($35.4M), United States ($23M), South Korea ($17.7M), Germany ($12.5M), and France ($9.6M).

Ranking Numerically controlled metal working drill machines ranks 510th in the Product Complexity Index (PCI).

Description Numerically controlled metal working drill machines are used in a variety of industries to drill holes and cut metal components.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Numerically controlled metal working drill machines. 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$41.1M
Top Destination (2022)China$35.4M

In 2022 Numerically controlled metal working drill machines were the world's 3524th most traded product (out of 4,648).

In 2022, the top exporters of Numerically controlled metal working drill machines were China ($41.1M), Italy ($39.9M), Chinese Taipei ($35.1M), Germany ($22.4M), and Spain ($19.6M).

In 2022, the top importers of Numerically controlled metal working drill machines were China ($35.4M), United States ($23M), South Korea ($17.7M), Germany ($12.5M), and France ($9.6M).

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Exporters of Numerically controlled metal working drill machines (2022)
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Importers of Numerically controlled metal working drill machines (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Italy$15.2M
Top Destination Growth (2021 -  2022)South Korea$7.87M

Between 2021 and 2022, the exports of Numerically controlled metal working drill machines grew the fastest in Italy ($15.2M), China ($11.6M), United Kingdom ($7.13M), Spain ($1.95M), and Czechia ($1.6M).

Between 2021 and 2022, the fastest growing importers of Numerically controlled metal working drill machines were South Korea ($7.87M), Germany ($5.86M), Netherlands ($4.22M), Indonesia ($3.96M), and Italy ($3.3M).

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Exporters of Numerically controlled metal working drill machines (2021 - 2022)

Importers of Numerically controlled metal working drill machines (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Numerically controlled metal working drill machines.

In 2022, market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Numerically controlled metal working drill machines are explained by 14 countries.

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Value of Exports in Numerically controlled metal working drill machines

Net Trade

TOP NET EXPORTER (2022)Italy$32.7M
TOP NET IMPORTER (2022)South Korea$10.9M

This map shows which countries export or import more of Numerically controlled metal working drill machines. Each country is colored based on the difference in exports and imports of Numerically controlled metal working drill machines during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Numerically controlled metal working drill machines were Italy ($32.7M), Chinese Taipei ($31.3M), Spain ($16.2M), Japan ($15.9M), and Germany ($9.93M).

In 2022, the countries that had a largest trade value in imports than in exports of Numerically controlled metal working drill machines were South Korea ($10.9M), Poland ($7.13M), India ($7.13M), Vietnam ($7M), and Indonesia ($6.75M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Numerically controlled metal working drill machines.
It is possible to select the main countries that export or import Numerically controlled metal working drill machines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Numerically controlled metal working drill machines 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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