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2022
Exports $1.82MWorld Rnk 46 / 203
Flag Rnk 664 / 1206
2022
Destination $247k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $247kSingapore
2022
PRODUCT COMPLEXITY IN Hand Tools0.83Rnk 235 / 1025
2022
Imports $12MWorld Rnk 49 / 220
Flag Rnk 587 / 1214
2022
Origin $666k China
2021 - 2022
FASTEST GROWING ORIGIN $666kNetherlands
2022
ECONOMIC COMPLEXITY of Ireland1.27Rnk 18 / 133

About

Exports In 2022, Ireland exported $1.82M in Hand Tools, making it the 46th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 664th most exported product in Ireland. The main destination of Hand Tools exports from Ireland are: United Kingdom ($450k), Finland ($365k), Singapore ($247k), France ($188k), and Germany ($130k).

The fastest growing export markets for Hand Tools of Ireland between 2021 and 2022 were Singapore ($247k), United Kingdom ($212k), and France ($165k).

Imports In 2022, Ireland imported $12M in Hand Tools, becoming the 49th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 587th most imported product in Ireland. Ireland imports Hand Tools primarily from: China ($2.8M), United Kingdom ($1.96M), Germany ($1.87M), Netherlands ($1.29M), and United States ($1.16M).

The fastest growing import markets in Hand Tools for Ireland between 2021 and 2022 were Netherlands ($666k), France ($389k), and United States ($192k).

Latest Trends

Oct 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)$1.82M
IMPORTS (2022)$12M
NET TRADE (2022)-$10.2M

In 2022, Ireland exported $1.82M in Hand Tools. The main destinations of Ireland exports on Hand Tools were United Kingdom ($450k), Finland ($365k), Singapore ($247k), France ($188k), and Germany ($130k).

In 2022, Ireland imported $12M in Hand Tools, mainly from China ($2.8M), United Kingdom ($1.96M), Germany ($1.87M), Netherlands ($1.29M), and United States ($1.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Ireland WERE (2021 - 2022):
Singapore$247k (260k%)
United Kingdom$212k (89%)
France$165k (694%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Ireland WERE (2021 - 2022):
United States-$224k (-68.9%)
Sweden-$23.9k (-37.4%)
United Arab Emirates-$11.4k (-98.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ireland's main exporting competitors in Hand Tools were:
China $1.12B
Germany $462M
Chinese Taipei $202M
In 2022, Ireland'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+ $306k
TOP IMPORT POTENTIALChina+ $1.06M

Hand Tools’s highest export potential is United States. With an export gap of $306k.   Hand Tools’s highest import potential is China with an import gap of $1.06M.

See methodology.

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