2022
Exports | Imports
$84.4M | $24.1MWorld Rnk 5 / 203
Flag Rnk 464 / 1212
World Rnk 27 / 220
Flag Rnk 728 / 1206
2022
ECONOMIC COMPLEXITY of India
0.57Rnk 42 / 124
2022
PRODUCT COMPLEXITY IN Hand Tools
0.58Rnk 344 / 1025

About

Exports In 2022, India exported $84.4M in Hand Tools, making it the 5th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 464th most exported product in India. The main destination of Hand Tools exports from India are: United States ($18.5M), Germany ($5.35M), Mexico ($4.47M), Brazil ($4.34M), and Nigeria ($4.21M).

The fastest growing export markets for Hand Tools of India between 2021 and 2022 were United States ($2.43M), France ($1.5M), and Uganda ($810k).

Imports In 2022, India imported $24.1M in Hand Tools, becoming the 27th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 728th most imported product in India. India imports Hand Tools primarily from: China ($15.2M), Germany ($2.84M), United States ($1.49M), Chinese Taipei ($793k), and Switzerland ($769k).

The fastest growing import markets in Hand Tools for India between 2021 and 2022 were United States ($424k), Switzerland ($271k), and United Kingdom ($225k).

COMPANIES In 2023, leading companies such as APEX TOOL GROUP, LLC. (896) were at the forefront of shipping Hand Tools from India to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hand Tools. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$84.4M
IMPORTS (2022)$24.1M
NET TRADE (2022)$60.3M

In 2022, India exported $84.4M in Hand Tools. The main destinations of India exports on Hand Tools were United States ($18.5M), Germany ($5.35M), Mexico ($4.47M), Brazil ($4.34M), and Nigeria ($4.21M).

In 2022, India imported $24.1M in Hand Tools, mainly from China ($15.2M), Germany ($2.84M), United States ($1.49M), Chinese Taipei ($793k), and Switzerland ($769k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$2.43M (15.2%)
France$1.5M (170%)
Uganda$810k (201%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY India WERE (2021 - 2022):
Mexico-$1.73M (-27.9%)
United Kingdom-$1.63M (-48.1%)
Nigeria-$1.48M (-26%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Hand Tools were:
In 2022, India's main importing competitors in Hand Tools were:

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Trade Value of Hand Tools by Exporters

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