Exports: Drill bits, other interchangeable hand or machine tools
U.S. exports of Drill bits, other interchangeable hand or machine tools decreased 14.27 percent through August to $1.15 billion.
Top Markets
| Rank | Country | YTD |
|---|---|---|
| 1 | Canada | $307.16 M |
| 2 | Mexico | $249.47 M |
| 3 | Germany | $47.76 M |
| 4 | United Kingdom | $38.79 M |
| 5 | China | $28.68 M |
| 6 | Australia | $27.38 M |
| 7 | Saudi Arabia | $27.03 M |
| 8 | Japan | $26.52 M |
| 9 | The Netherlands | $23.11 M |
| 10 | United Arab Emirates | $19.32 M |
Top Gateways
| Rank | Port | YTD |
|---|---|---|
| 1 | Houston Intercontinental Airport | $136.29 M |
| 2 | Cleveland's Hopkins International Airport, OH | $109.94 M |
| 3 | Port Laredo | $106.2 M |
| 4 | Low-Value border crossing cargo | $95.87 M |
| 5 | FedEx Memphis WorldHub | $65.41 M |
| 6 | Chicago O'Hare International Airport | $60.34 M |
| 7 | Detroit Ambassador Bridge, MI | $47.69 M |
| 8 | Buffalo Peace Bridge, NY | $45.41 M |
| 9 | Port Huron Blue Water Bridge, MI | $32.32 M |
| 10 | Miami International Airport | $29.93 M |
Top markets Drill bits, other interchangeable hand or machine tools
Total:
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Drill bits, other interchangeable hand or machine tools by port
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U.S. exports of Drill bits, other interchangeable hand or machine tools decreased 14.27 percent through August to $1.15 billion
The category ranked 180 through August among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 165 for the last full year with a total value of $1.92 billion, a $117.74 million, 5.78 percent decreased from the 2023 total.
Through August of this year the leading markets were No. 1 Canada, No. 2 Mexico, No. 3 Germany, No. 4 United Kingdom and No. 5 China. The leading markets were No. 1 Houston Intercontinental Airport, No. 2 Cleveland's Hopkins International Airport, OH, No. 3 Port Laredo, No. 4 Low-Value border crossing cargo and No. 5 FedEx Memphis WorldHub.
In the last previous full year, the leading markets were No. 1 Mexico, No. 2 Canada, No. 3 Saudi Arabia, No. 4 Germany and No. 5 United Kingdom. The leading markets were No. 1 Port Laredo, No. 2 Houston Intercontinental Airport, No. 3 Cleveland's Hopkins International Airport, OH, No. 4 Low-Value border crossing cargo and No. 5 FedEx Memphis WorldHub.
Looking at specific airports, seaports and border crossings, the top five through the first eight months of the year were:
Highlights for the top five ports:
- Houston Intercontinental Airport fell 8.98 percent compared to last year to $136.29 million.
- Cleveland's Hopkins International Airport, OH fell 7.49 percent compared to last year to $109.94 million.
- Port Laredo fell 43.49 percent compared to last year to $106.2 million.
- Low-Value border crossing cargo rose 40.49 percent compared to last year to $95.87 million.
- FedEx Memphis WorldHub fell 2.48 percent compared to last year to $65.41 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. export to No. 1 Canada decreased $46.23 million, 13.08 percent, (26.82 percent market share).
- U.S. export to No. 2 Mexico decreased $111.97 million, 30.98 percent, (21.78 percent market share).
- U.S. export to No. 3 Germany increased $4.68 million, 10.85 percent, (4.17 percent market share).
- U.S. export to No. 4 United Kingdom decreased $1.9 million, 4.66 percent, (3.39 percent market share).
- U.S. export to No. 5 China decreased $2.97 million, 9.38 percent, (2.5 percent market share).
All totaled, 58.66 percent of all these Drill bits, other interchangeable hand or machine tools exports from the United States were shipped to the top five markets through August of this year. That is equal to $671.85 million of the $1.15 billion total.
All totaled, 44.85 percent of all these Drill bits, other interchangeable hand or machine tools exports from the United States were shipped from the top five Ports through August of this year. That is equal to $513.72 million of the $1.15 billion total.