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

Imports: Drill bits, other interchangeable hand or machine tools

Drill bits, other interchangeable hand or machine tools, the No. 136 import by value totaled $206.99 million for the month of May, $1.18 billion through May of 2020, and $3 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 imports 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 Sources

RankCountryYTD
1China$271.4 M
2Japan$262.86 M
3Germany$142.45 M
4South Korea$126.94 M
5Canada$81.53 M
6Taiwan$48.17 M
7Mexico$33.27 M
8Italy$31.24 M
9Israel$18.36 M
10Brazil$16.99 M
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U.S. imports of Drill bits, other interchangeable hand or machine tools decreased 6.34 percent through May to $1.18 billion

U.S. imports of Drill bits, other interchangeable hand or machine tools decreased 6.34 percent from $1.26 billion to $1.18 billion 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 136 through May among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 147 for the last full year with a total value of $3 billion, a $411.2 million, 12.06 percent decreased from the 2018 total.

Through May of this year the leading sources were No. 1 China, No. 2 Japan, No. 3 Germany, No. 4 South Korea and No. 5 Canada. The leading gateways were No. 1 Port of Los Angeles, No. 2 Chicago O’Hare International Airport, No. 3 Port of Savannah, Ga., No. 4 Port of Newark and No. 5 Detroit Ambassador Bridge, Mich..

In the last previous full year, the leading sources were No. 1 China, No. 2 Japan, No. 3 Germany, No. 4 South Korea and No. 5 Canada. The leading gateways were No. 1 Port of Newark, No. 2 Detroit Ambassador Bridge, Mich., No. 3 Cleveland’s Hopkins International Airport, Ohio, No. 4 Port of Long Beach and No. 5 Port of Tacoma, Wash..

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:

  • Port of Los Angeles rose 29.44 percent compared to last year to $271.28 million.
  • Chicago O’Hare International Airport fell 5.16 percent compared to last year to $123.55 million.
  • Port of Savannah, Ga. rose 60.2 percent compared to last year to $97.84 million.
  • Port of Newark fell 2.69 percent compared to last year to $88.37 million.
  • Detroit Ambassador Bridge, Mich. fell 19.72 percent compared to last year to $60.35 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. imports from No. 1 China decreased $29.58 million, 9.83 percent, (22.95 percent market share).
  • U.S. imports from No. 2 Japan increased $52.79 million, 25.13 percent, (22.23 percent market share).
  • U.S. imports from No. 3 Germany decreased $59.94 million, 29.62 percent, (12.05 percent market share).
  • U.S. imports from No. 4 South Korea increased $9.86 million, 8.42 percent, (10.74 percent market share).
  • U.S. imports from No. 5 Canada decreased $19.27 million, 19.12 percent, (6.89 percent market share).

All totaled, 74.86 percent of all these Drill bits, other interchangeable hand or machine tools imports to the United States were shipped from the top five markets through May of this year. That is equal to $885.17 million of the $1.18 billion total.

All totaled, 54.24 percent of all these Drill bits, other interchangeable hand or machine tools imports to the United States were shipped to the top five Ports through May of this year. That is equal to $641.4 million of the $1.18 billion total