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Metal drilling and milling machines: top exporters and importers (2024)

In 2024, world trade in metal drilling and milling machines totaled $3.2 billion (342 thousand tonnes). The top exporters were China (20%), Germany (16%) and Italy (12%); the top importers were the United States (13%), China (7%) and Germany (6%). Compared with 2019, the value fell 12%.

Summary

World trade
$3.2billion
Tonnes
342thousand tonnes
Price per tonne
$9,217
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$629 million · 19.9%
  2. Germany$520 million · 16.5%
  3. Italy$381 million · 12.1%
  4. Spain$222 million · 7%
  5. Taiwan$182 million · 5.8%
  6. South Korea$176 million · 5.6%
  7. United States$151 million · 4.8%
  8. Japan$145 million · 4.6%
  9. Switzerland$118 million · 3.7%
  10. Czechia$89 million · 2.8%
  11. Netherlands$58 million · 1.8%
    re-exports
  12. France$51 million · 1.6%
  13. United Kingdom$44 million · 1.4%
  14. Poland$43 million · 1.4%
  15. Austria$38 million · 1.2%
  16. Turkey$28 million · 0.88%
  17. Thailand$28 million · 0.88%
  18. India$25 million · 0.8%
  19. Canada$24 million · 0.76%
  20. Belgium$14 million · 0.44%
    re-exports

Top importers

  1. United States$416 million · 13.2%
  2. China$234 million · 7.4%
  3. Germany$194 million · 6.2%
  4. India$163 million · 5.2%
  5. Russia$156 million · 5%
  6. Turkey$119 million · 3.8%
  7. Canada$116 million · 3.7%
  8. United Kingdom$97 million · 3.1%
  9. France$92 million · 2.9%
  10. Mexico$86 million · 2.7%
  11. Thailand$82 million · 2.6%
  12. Vietnam$76 million · 2.4%
  13. Italy$74 million · 2.4%
  14. Saudi Arabia$62 million · 2%
  15. South Africa$61 million · 2%
  16. Netherlands$60 million · 1.9%
    re-exports
  17. Poland$51 million · 1.6%
  18. Switzerland$50 million · 1.6%
  19. South Korea$50 million · 1.6%
  20. Brazil$49 million · 1.6%

Trend

Who sells it

China has been the top exporter since 2024

Value in USD millions. The five largest exporters in 2024.

  • China 629
  • Germany 520
  • Italy 381
  • Spain 222
  • Taiwan 182

Source: CEPII BACI

Show the numbers
Country19952024
China80.3629
Germany483520
Italy211381
Spain133222
Taiwan233182

Price

Implied price

The price per tonne rose 14% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $9,217

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$8,062
1996$7,132
1997$5,972
1998$6,496
1999$5,091
2000$8,712
2001$8,992
2002$9,105
2003$9,953
2004$9,598
2005$9,757
2006$10,506
2007$10,499
2008$12,313
2009$10,325
2010$7,769
2011$10,894
2012$12,437
2013$12,040
2014$11,968
2015$10,403
2016$7,959
2017$6,906
2018$7,459
2019$7,494
2020$6,927
2021$8,677
2022$9,648
2023$9,467
2024$9,217

What it includes

  • 8459 · Metal drilling and milling machines

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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