Current year-to-date ( YTD ) data is through March 2023.

Imports: Machine tools for drilling, boring, milling

Total Imports Compared to the same month a year ago

22.52%

Compared to last month

39.48%

Total All Imports Compared to the same month a year ago

-11.50%

Compared to last month

13.88%

RankAmong U.S. Imports

614

Rank 2022

642

U.S. imports of Machine tools for drilling, boring, milling totaled $33.14 million in March, a change of 22.52 percent from the same month one year ago. The change from one month ago was 39.48 percent. Among more than 1,260 commodity classifications, Machine tools for drilling, boring, milling ranked No. 614 in March. It had ranked No. 642 for the same month last year.

While Machine tools for drilling, boring, milling ranked No. 614 in March by value, it ranked No. 699 by tonnage. The top three U.S. markets by value for Machine tools for drilling, boring, milling imports in March were (1) Italy, (2) Germany, and (3) Japan. Among the nation's more than 450 airports, seaports and border crossings, the top three by value were (1) Passenger vehicles, (2) Oil, and (3) Cell phones, related equipment.

Top Sources

Rank Country YTD
1 Italy $32.1 million
2 Germany $8.3 million
3 Taiwan $8.3 million
4 China $7.8 million
5 Japan $6.1 million
6 Canada $5.1 million
7 Spain $3.7 million
8 South Korea $3.4 million
9 The Netherlands $2.2 million
10 Portugal $1.6 million

Top Gateways

Rank Port YTD
1 Port of Newark $30.2 million
2 Port of Los Angeles $13.2 million
3 Port of Houston $10.3 million
4 Port of Virginia $5.6 million
5 Port of Savannah, Ga. $3.8 million
6 Port of Charleston $3.6 million
7 Chicago O’Hare International Airport $2.5 million
8 Port Huron Blue Water Bridge, Mich. $2.5 million
9 Port of Long Beach $2.4 million
10 Port of Baltimore, Md. $1.5 million
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U.S. imports of Machine tools for drilling, boring, milling increased 11.00 percent through March to $87.76 million

U.S. imports of Machine tools for drilling, boring, milling increased 11.00 percent from $79.06 million to $87.76 million through the first three months of 2023 when compared to the same period the previous year, according to WorldCity analysis of the latest U.S. Census Bureau data.

The category ranked 614 through March among the roughly 1,265 import commodity groupings as classified by Census. It ranked No. 675 for the last full year with a total value of $309.73 million, a $2.96 million, 0.97 percent increase from the 2021 total.

Through March of this year the leading sources were No. 1 Italy, No. 2 Germany, No. 3 Taiwan, No. 4 China and No. 5 Japan. The leading gateways were No. 1 Port of Newark, No. 2 Port of Los Angeles, No. 3 Port of Houston, No. 4 Port of Virginia and No. 5 Port of Savannah, Ga..

In the last previous full year, the leading sources were No. 1 Italy, No. 2 Taiwan, No. 3 Germany, No. 4 China and No. 5 Spain. The leading gateways were No. 1 Port of Newark, No. 2 Port of Los Angeles, No. 3 Port of Baltimore, Md., No. 4 Port of Houston and No. 5 Port of Savannah, Ga..

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

Highlights for the top five ports:

  • Port of Newark rose 134.11 percent compared to last year to $30.2 million.
  • Port of Los Angeles rose 17.63 percent compared to last year to $13.22 million.
  • Port of Houston rose 8.5 percent compared to last year to $10.3 million.
  • Port of Virginia rose 51.62 percent compared to last year to $5.58 million.
  • Port of Savannah, Ga. rose 61.65 percent compared to last year to $3.77 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 Italy increased $18.47 million, 135.36 percent, (36.6 percent market share).
  • U.S. imports from No. 2 Germany decreased $3.58 million, 30.15 percent, (9.46 percent market share).
  • U.S. imports from No. 3 Taiwan decreased $4.07 million, 33 percent, (9.41 percent market share).
  • U.S. imports from No. 4 China decreased $2.55 million, 24.55 percent, (8.92 percent market share).
  • U.S. imports from No. 5 Japan decreased $751,548, 10.97 percent, (6.95 percent market share).

All totaled, 71.34 percent of all these Machine tools for drilling, boring, milling imports to the United States were shipped from the top five markets through March of this year. That is equal to $62.6 million of the $87.76 million total.

All totaled, 71.87 percent of all these Machine tools for drilling, boring, milling imports to the United States were shipped to the top five Ports through March of this year. That is equal to $63.07 million of the $87.76 million total