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820711 (Harmonized System 1992 for 6-digit)

2023
World Trade $761MRnk 2420 / 4644
2023
Top Exporter | Top Importer $150M | $142MSweden | United States
2023
Product Complexity -0.073Rnk 2657 / 4656
2022 - 2023
Export Growth (CAGR) -7.97%Rnk 2468 / 4644
2023
Share of World Trade 0.0034%Rnk 2420 / 4644

About

Overview This page contains the latest trade data of Rock drilling, boring heads of sintered metal, carbid. In 2023, Rock drilling, boring heads of sintered metal, carbid were the world's 2420th most traded product, with a total trade of $761M. Between 2022 and 2023 the exports of Rock drilling, boring heads of sintered metal, carbid decreased by -7.97%, from $827M to $761M. Trade in Rock drilling, boring heads of sintered metal, carbid represent 0.0034% of total world trade.

Rock drilling, boring heads of sintered metal, carbid are a part of Interchangeable Tool Parts.

Exports In 2023 the top exporters of Rock drilling, boring heads of sintered metal, carbid  were Sweden ($150M), China ($117M), Mexico ($88.6M), United States ($87M), and India ($73.1M).

Imports In 2023 the top importers of Rock drilling, boring heads of sintered metal, carbid were United States ($142M), Australia ($58.2M), Canada ($49.2M), South Africa ($46.1M), and Saudi Arabia ($25.8M).

Ranking Rock drilling, boring heads of sintered metal, carbid ranks 2657th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Rock drilling, boring heads of sintered metal, carbid. 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)Sweden$150M
Top Destination (2023)United States$142M

In 2023 Rock drilling, boring heads of sintered metal, carbid were the world's 2420th most traded product (out of 4,644).

In 2023, the top exporters of Rock drilling, boring heads of sintered metal, carbid were Sweden ($150M), China ($117M), Mexico ($88.6M), United States ($87M), and India ($73.1M).

In 2023, the top importers of Rock drilling, boring heads of sintered metal, carbid were United States ($142M), Australia ($58.2M), Canada ($49.2M), South Africa ($46.1M), and Saudi Arabia ($25.8M).

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Exporters of Rock drilling, boring heads of sintered metal, carbid (2023)
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Importers of Rock drilling, boring heads of sintered metal, carbid (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Norway$5.94M
Top Destination Growth (2022 -  2023)Saudi Arabia$11.8M

Between 2022 and 2023, the exports of Rock drilling, boring heads of sintered metal, carbid grew the fastest in Norway ($5.94M), United Arab Emirates ($1.4M), Thailand ($1.28M), Spain ($940k), and Turkey ($791k).

Between 2022 and 2023, the fastest growing importers of Rock drilling, boring heads of sintered metal, carbid were Saudi Arabia ($11.8M), Italy ($3.12M), Greece ($2.93M), Hong Kong ($2.42M), and Liberia ($2.13M).

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Exporters of Rock drilling, boring heads of sintered metal, carbid (2022 - 2023)

Importers of Rock drilling, boring heads of sintered metal, carbid (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Rock drilling, boring heads of sintered metal, carbid.

In 2023, market concentration measured using Shannon Entropy, was 3.81. This means that most of the exports of Rock drilling, boring heads of sintered metal, carbid are explained by 13 countries.

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Value of Exports in Rock drilling, boring heads of sintered metal, carbid

Net Trade

TOP NET EXPORTER (2023)Sweden$130M
TOP NET IMPORTER (2023)United States$55.1M

This map shows which countries export or import more of Rock drilling, boring heads of sintered metal, carbid. Each country is colored based on the difference in exports and imports of Rock drilling, boring heads of sintered metal, carbid during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Rock drilling, boring heads of sintered metal, carbid were Sweden ($130M), China ($112M), Mexico ($75.5M), India ($62.5M), and Finland ($32.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Rock drilling, boring heads of sintered metal, carbid were United States ($55.1M), Australia ($47.6M), Canada ($39.7M), South Africa ($28.2M), and Saudi Arabia ($23.5M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Rock drilling, boring heads of sintered metal, carbid.
It is possible to select the main countries that export or import Rock drilling, boring heads of sintered metal, carbid in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Rock drilling, boring heads of sintered metal, carbid 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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