2023
Exports
$24.8MWorld Rnk 18 / 196
Flag Rnk 139 / 1129
2023
PRODUCT COMPLEXITY IN Hand Tools
0.76Rnk 262 / 1025
2023
Imports
$4.32MWorld Rnk 73 / 220
Flag Rnk 591 / 1174
2023
ECONOMIC COMPLEXITY of Pakistan
-0.55Rnk 89 / 132

About

Exports In 2023, Pakistan exported $24.8M in Hand Tools, making it the 18th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 139th most exported product in Pakistan. The main destination of Hand Tools exports from Pakistan are: United States ($5.73M), China ($3.58M), Germany ($2.6M), Mexico ($2M), and Japan ($1.67M).

The fastest growing export markets for Hand Tools of Pakistan between 2022 and 2023 were Mexico ($664k), China ($587k), and Saudi Arabia ($318k).

Imports In 2023, Pakistan imported $4.32M in Hand Tools, becoming the 73rd largest importer of Hand Tools in the world. At the same year, Hand Tools was the 591st most imported product in Pakistan. Pakistan imports Hand Tools primarily from: China ($3.21M), India ($575k), Indonesia ($239k), Italy ($70.2k), and Chinese Taipei ($59.6k).

The fastest growing import markets in Hand Tools for Pakistan between 2022 and 2023 were India ($211k), Italy ($54.8k), and Germany ($23.1k).

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)$24.8M
IMPORTS (2023)$4.32M
NET TRADE (2023)$20.5M

In 2023, Pakistan exported $24.8M in Hand Tools. The main destinations of Pakistan exports on Hand Tools were United States ($5.73M), China ($3.58M), Germany ($2.6M), Mexico ($2M), and Japan ($1.67M).

In 2023, Pakistan imported $4.32M in Hand Tools, mainly from China ($3.21M), India ($575k), Indonesia ($239k), Italy ($70.2k), and Chinese Taipei ($59.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Pakistan WERE (2022 - 2023):
Mexico$664k (49.8%)
China$587k (19.6%)
Saudi Arabia$318k (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Pakistan WERE (2022 - 2023):
United States-$2.15M (-27.3%)
Germany-$745k (-22.3%)
Australia-$558k (-33.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Pakistan's main exporting competitors in Hand Tools were:
In 2023, Pakistan'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 POTENTIALUnited States+ $3.22M
TOP IMPORT POTENTIALChina+ $3.4M

Hand Tools’s highest export potential is United States. With an export gap of $3.22M.   Hand Tools’s highest import potential is China with an import gap of $3.4M.

See methodology.

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