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Pricing

2022
Exports $46.8MWorld Rnk 11 / 203
Flag Rnk 657 / 1214
2022
Destination $1.37M Germany
2021 - 2022
FASTEST GROWING MARKET $1.37MItaly
2022
PRODUCT COMPLEXITY IN Hand Tools0.83Rnk 235 / 1025
2022
Imports $54.5MWorld Rnk 14 / 220
Flag Rnk 664 / 1214
2022
Origin $4.13M China
2021 - 2022
FASTEST GROWING ORIGIN $4.13MChina
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $46.8M in Hand Tools, making it the 11th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 657th most exported product in Spain. The main destination of Hand Tools exports from Spain are: Germany ($8.32M), Portugal ($6.6M), France ($6.34M), Italy ($5.05M), and United States ($4.72M).

The fastest growing export markets for Hand Tools of Spain between 2021 and 2022 were Italy ($1.37M), United Kingdom ($718k), and Portugal ($631k).

Imports In 2022, Spain imported $54.5M in Hand Tools, becoming the 14th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 664th most imported product in Spain. Spain imports Hand Tools primarily from: China ($16.9M), Germany ($15.9M), France ($4.49M), Portugal ($2.9M), and Italy ($2.37M).

The fastest growing import markets in Hand Tools for Spain between 2021 and 2022 were China ($4.13M), United States ($1.1M), and Germany ($794k).

COMPANIES In 2023, leading companies such as Dana Incorporated (2) were at the forefront of shipping Hand Tools from Spain to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Spain's Hand Tools exports accounted up to €4.38M and imports accounted up to €4.55M, resulting in a negative trade balance of €171k. Between June 2023 and June 2024 the exports of Spain's   Hand Tools have decreased by €-3.9M (-47.1%) from €8.28M to €4.38M, while imports decreased by €-2.05M (-31.1%) from €6.6M to €4.55M.

Destinations In June 2024, Hand Tools were exported mostly to Portugal (€757k), Germany (€724k), France (€616k), United Kingdom (€583k), and Italy (€357k), and were imported mostly from China (€1.5M), Germany (€1.26M), France (€431k), Italy (€360k), and Chinese Taipei (€192k).

Growth In June 2024, the decrease in Hand Tools's year-by-year exports was explained primarily by a decrease in exports to United States (€-283k or -73.5%), Germany (€-181k or -21.2%), and United Arab Emirates (€-73.1k or -96.7%). In June 2024, the decrease in Hand Tools's year-by-year imports was explained primarily by a decrease in imports from United States (€-155k or -58.3%), Chinese Taipei (€-93.4k or -31.8%), and Belgium (€-90.5k or -75.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-3.9M(-47.1%)
IMPORT GROWTH (June 2023 - June 2024)€-2.05M(-31.1%)
MAIN EXPORTER (June 2024)Vizcaya€1.14M
MAIN DESTINATION (June 2024)Portugal€757k

This section shows Hand Tools's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Hand Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$46.8M
IMPORTS (2022)$54.5M
NET TRADE (2022)-$7.75M

In 2022, Spain exported $46.8M in Hand Tools. The main destinations of Spain exports on Hand Tools were Germany ($8.32M), Portugal ($6.6M), France ($6.34M), Italy ($5.05M), and United States ($4.72M).

In 2022, Spain imported $54.5M in Hand Tools, mainly from China ($16.9M), Germany ($15.9M), France ($4.49M), Portugal ($2.9M), and Italy ($2.37M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Italy$1.37M (37.2%)
United Kingdom$718k (58.9%)
Portugal$631k (10.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Spain WERE (2021 - 2022):
Germany-$1.83M (-18%)
France-$989k (-13.5%)
Netherlands-$729k (-33.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Hand Tools were:
China $1.12B
Germany $462M
Chinese Taipei $202M
In 2022, Spain's main importing competitors in Hand Tools were:
United States $552M
Germany $197M
France $121M

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.02M
TOP IMPORT POTENTIALChina+ $2.72M

Hand Tools’s highest export potential is United States. With an export gap of $2.02M.   Hand Tools’s highest import potential is China with an import gap of $2.72M.

See methodology.

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