2023
Exports
$49.7MWorld Rnk 11 / 196
Flag Rnk 668 / 1216
2023
PRODUCT COMPLEXITY IN Hand Tools
0.76Rnk 262 / 1025
2023
Imports
$97.9MWorld Rnk 6 / 220
Flag Rnk 592 / 1214
2023
ECONOMIC COMPLEXITY of Netherlands
1.08Rnk 26 / 132

About

Exports In 2023, Netherlands exported $49.7M in Hand Tools, making it the 11th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 668th most exported product in Netherlands. The main destination of Hand Tools exports from Netherlands are: Belgium ($7.93M), France ($6.91M), Sweden ($4.8M), Denmark ($4.45M), and Germany ($3.87M).

The fastest growing export markets for Hand Tools of Netherlands between 2022 and 2023 were Belgium ($2.16M), Italy ($1.51M), and Spain ($562k).

Imports In 2023, Netherlands imported $97.9M in Hand Tools, becoming the 6th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 592nd most imported product in Netherlands. Netherlands imports Hand Tools primarily from: Germany ($33.1M), China ($18.5M), Spain ($7.95M), Portugal ($6.89M), and Belgium ($5.6M).

The fastest growing import markets in Hand Tools for Netherlands between 2022 and 2023 were Germany ($4.09M), Italy ($1.76M), and Switzerland ($393k).

COMPANIES In 2023, leading companies such as Danfoss (9), Amazon (6), and Apex Tool Group (3) were at the forefront of shipping Hand Tools from Netherlands to the United States.

Latest Trends

Dec 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 (2023)$49.7M
IMPORTS (2023)$97.9M
NET TRADE (2023)-$48.2M

In 2023, Netherlands exported $49.7M in Hand Tools. The main destinations of Netherlands exports on Hand Tools were Belgium ($7.93M), France ($6.91M), Sweden ($4.8M), Denmark ($4.45M), and Germany ($3.87M).

In 2023, Netherlands imported $97.9M in Hand Tools, mainly from Germany ($33.1M), China ($18.5M), Spain ($7.95M), Portugal ($6.89M), and Belgium ($5.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Netherlands WERE (2022 - 2023):
Belgium$2.16M (37.5%)
Italy$1.51M (78.6%)
Spain$562k (36.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Netherlands WERE (2022 - 2023):
Poland-$759k (-22.2%)
Argentina-$627k (-83.1%)
France-$597k (-7.95%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Netherlands's main exporting competitors in Hand Tools were:
In 2023, Netherlands's main importing competitors in Hand Tools were:

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $3.68M
TOP IMPORT POTENTIALGermany+ $5.61M

Hand Tools’s highest export potential is Germany. With an export gap of $3.68M.   Hand Tools’s highest import potential is Germany with an import gap of $5.61M.

See methodology.

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