Hand Tools in Pakistan2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.84M | $104k, Mexico | Indonesia
2020 ECONOMIC COMPLEXITY of Pakistan: -0.71, Rnk 93 / 127
2020 PRODUCT COMPLEXITY IN Hand Tools: 0.92, Rnk 204 / 1029
Exports In 2020, Pakistan exported $17.8M in Hand Tools, making it the 20th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 133rd most exported product in Pakistan. The main destination of Hand Tools exports from Pakistan are: United States ($4.14M), Mexico ($2.92M), Germany ($2.17M), Japan ($1.28M), and China ($821k).
The fastest growing export markets for Hand Tools of Pakistan between 2019 and 2020 were Mexico ($1.84M), Russia ($288k), and Italy ($179k).
The fastest growing import markets in Hand Tools for Pakistan between 2019 and 2020 were Indonesia ($104k), United States ($44.8k), and Malaysia ($29.2k).
Tariffs In 2018, the average tariff for Pakistan in Hand Tools was 10.8%. The countries with the highest import tariffs for Hand Tools were Angola (Most Favoured Nation duty rate treatement, 11%), Burundi (Most Favoured Nation duty rate treatement, 11%), Benin (Most Favoured Nation duty rate treatement, 11%), Burkina Faso (Most Favoured Nation duty rate treatement, 11%), and Botswana (Most Favoured Nation duty rate treatement, 11%).
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.
EXPORTS (2020): $17.8M
In 2020, Pakistan exported $17.8M in Hand Tools. The main destinations of Pakistan exports on Hand Tools were United States ($4.14M), Mexico ($2.92M), Germany ($2.17M), Japan ($1.28M), and China ($821k).
In N/A, Pakistan imported N/A in Hand Tools, mainly from China ($4.43M), Indonesia ($470k), Singapore ($121k), Chinese Taipei ($111k), and United States ($85.9k).
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Pakistan WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Pakistan WERE (2019 - 2020):
In 2020, Pakistan's main exporting competitors in Hand Tools were:
In 2020, Pakistan's main importing competitors in Hand Tools were:
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