Current year-to-date ( YTD ) data is through May 2020.

Exports: Drill bits, other interchangeable hand or machine tools

Drill bits, other interchangeable hand or machine tools, the No. 150 export by value totaled $120.67 million for the month of May, $706.67 million through May of 2020, and $1.99 billion for all of 2019, the latest annual data available, according to U.S. Census Bureau data analyzed by WorldCity. Need more details? Read more

Click on any of the countries in the chart below to gain access to the specific exports and imports between that country and (port), how it compares to other ports for trade with that country, how that trade has changed over time, and much more. Data available both by value and tonnage. Download data. If you are not a subscriber, you can learn more by clicking on the subscribe link.

Top Markets

RankCountryYTD
1Canada$169.21 M
2Mexico$154.31 M
3Saudi Arabia$28.6 M
4Germany$23.5 M
5United Kingdom$23.37 M
6China$22.85 M
7Australia$19.01 M
8Japan$17.99 M
9United Arab Emirates$16.84 M
10Brazil$11.82 M
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U.S. exports of Drill bits, other interchangeable hand or machine tools decreased 16.71 percent through May to $706.67 million

U.S. exports of Drill bits, other interchangeable hand or machine tools decreased 16.71 percent from $848.42 million to $706.67 million through the first five months of 2020 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.

The category ranked 150 through May among the roughly 1,265 export commodity groupings as classified by Census. It ranked No. 146 for the last full year with a total value of $1.99 billion, a $80.54 million, 3.88 percent decreased from the 2018 total.

Through May of this year the leading sources were No. 1 Canada, No. 2 Mexico, No. 3 United Arab Emirates, No. 4 United Kingdom and No. 5 China. The leading gateways were No. 1 Houston Int’l Airport, No. 2 Cleveland’s Hopkins International Airport, Ohio, No. 3 Port Laredo, No. 4 Detroit Ambassador Bridge, Mich. and No. 5 Port of New Orleans.

In the last previous full year, the leading sources were No. 1 Canada, No. 2 Mexico, No. 3 China, No. 4 United Kingdom and No. 5 United Arab Emirates. The leading gateways were No. 1 Houston Int’l Airport, No. 2 Port Laredo, No. 3 Cleveland’s Hopkins International Airport, Ohio, No. 4 Detroit Ambassador Bridge, Mich. and No. 5 Port of New Orleans.

Looking at specific airports, seaports and border crossings, the top five through through the first five months of the year were:

Highlights for the top five ports:

  • Houston Int’l Airport fell 26.2 percent compared to last year to $89.65 million.
  • Cleveland’s Hopkins International Airport, Ohio rose 3.69 percent compared to last year to $65.93 million.
  • Port Laredo fell 32.31 percent compared to last year to $55.82 million.
  • Detroit Ambassador Bridge, Mich. fell 20.62 percent compared to last year to $39.61 million.
  • Port of New Orleans fell 19.61 percent compared to last year to $34.2 million.

There are several hundred airports, seaports and border crossings that handle international trade; they are, in turn, part of the roughly four dozen U.S. Customs districts.

Highlights for the top five foreign markets:

  • U.S. exports from No. 1 Canada decreased $38.78 million, 7.16 percent, (71.12 percent market share).
  • U.S. exports from No. 2 Mexico decreased $49.79 million, 10.5 percent, (60.04 percent market share).
  • U.S. exports from No. 3 United Arab Emirates increased $9.58 million, 13.79 percent, (11.19 percent market share).
  • U.S. exports from No. 4 United Kingdom decreased $6.36 million, 8.67 percent, (9.49 percent market share).
  • U.S. exports from No. 5 China decreased $9.58 million, 12.76 percent, (9.27 percent market share).

All totaled, 57.1 percent of all these Drill bits, other interchangeable hand or machine tools exports from the United States were shipped from the top five markets through May of this year. That is equal to $1.14 billion of the $1.99 billion total.

All totaled, 40.36 percent of all these Drill bits, other interchangeable hand or machine tools exports to the United States were shipped to the top five Ports through May of this year. That is equal to $285.2 million of the $706.67 million total