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846721 (Harmonized System 2002 for 6-digit)

2023
World Trade $4.23BRnk 853 / 4940
2023
Top Exporter | Top Importer $2.39B | $593MChina | United States
2023
Product Complexity 0.78Rnk 1222 / 4951
2022 - 2023
Export Growth (CAGR) -17.5%Rnk 3702 / 4940
2023
Share of World Trade 0.019%Rnk 853 / 4940

About

Overview This page contains the latest trade data of Tools: for working in the hand, with self-contained electric motor: drills of all kinds. In 2023, Tools: for working in the hand, with self-contained electric motor: drills of all kinds were the world's 853rd most traded product, with a total trade of $4.23B. Between 2022 and 2023 the exports of Tools: for working in the hand, with self-contained electric motor: drills of all kinds decreased by -17.5%, from $5.12B to $4.23B. Trade in Tools: for working in the hand, with self-contained electric motor: drills of all kinds represent 0.019% of total world trade.

Tools: for working in the hand, with self-contained electric motor: drills of all kinds are a part of Tools; for working in the hand, pneumatic, hydraulic or with self-contained electric....

Exports In 2023 the top exporters of Tools: for working in the hand, with self-contained electric motor: drills of all kinds  were China ($2.39B), Germany ($420M), Austria ($154M), Mexico ($130M), and Czechia ($125M).

Imports In 2023 the top importers of Tools: for working in the hand, with self-contained electric motor: drills of all kinds were United States ($593M), Germany ($395M), Russia ($284M), France ($197M), and United Kingdom ($188M).

Ranking Tools: for working in the hand, with self-contained electric motor: drills of all kinds ranks 1222nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tools: for working in the hand, with self-contained electric motor: drills of all kinds. 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$2.39B
Top Destination (2023)United States$593M

In 2023 Tools: for working in the hand, with self-contained electric motor: drills of all kinds were the world's 853rd most traded product (out of 4,940).

In 2023, the top exporters of Tools: for working in the hand, with self-contained electric motor: drills of all kinds were China ($2.39B), Germany ($420M), Austria ($154M), Mexico ($130M), and Czechia ($125M).

In 2023, the top importers of Tools: for working in the hand, with self-contained electric motor: drills of all kinds were United States ($593M), Germany ($395M), Russia ($284M), France ($197M), and United Kingdom ($188M).

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Exporters of Tools: for working in the hand, with self-contained electric motor: drills of all kinds (2023)
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Importers of Tools: for working in the hand, with self-contained electric motor: drills of all kinds (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Czechia$24.7M
Top Destination Growth (2022 -  2023)Russia$104M

Between 2022 and 2023, the exports of Tools: for working in the hand, with self-contained electric motor: drills of all kinds grew the fastest in Czechia ($24.7M), India ($10.9M), Kazakhstan ($6.31M), Belgium ($4.53M), and Hungary ($3.21M).

Between 2022 and 2023, the fastest growing importers of Tools: for working in the hand, with self-contained electric motor: drills of all kinds were Russia ($104M), Turkey ($30.8M), Kazakhstan ($28.3M), United Arab Emirates ($15.9M), and Malaysia ($14.4M).

Explore Visualizations

Exporters of Tools: for working in the hand, with self-contained electric motor: drills of all kinds (2022 - 2023)

Importers of Tools: for working in the hand, with self-contained electric motor: drills of all kinds (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tools: for working in the hand, with self-contained electric motor: drills of all kinds.

In 2023, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Tools: for working in the hand, with self-contained electric motor: drills of all kinds are explained by 7 countries.

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Value of Exports in Tools: for working in the hand, with self-contained electric motor: drills of all kinds

Net Trade

TOP NET EXPORTER (2023)China$2.37B
TOP NET IMPORTER (2023)United States$552M

This map shows which countries export or import more of Tools: for working in the hand, with self-contained electric motor: drills of all kinds. Each country is colored based on the difference in exports and imports of Tools: for working in the hand, with self-contained electric motor: drills of all kinds during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Tools: for working in the hand, with self-contained electric motor: drills of all kinds were China ($2.37B), Romania ($93.6M), Vietnam ($76.1M), Austria ($73.1M), and Czechia ($63.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Tools: for working in the hand, with self-contained electric motor: drills of all kinds were United States ($552M), Russia ($281M), France ($174M), United Kingdom ($136M), and Italy ($108M).

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 Tools: for working in the hand, with self-contained electric motor: drills of all kinds.
It is possible to select the main countries that export or import Tools: for working in the hand, with self-contained electric motor: drills of all kinds in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tools: for working in the hand, with self-contained electric motor: drills of all kinds 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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