2022
Exports
$22.3MWorld Rnk 20 / 203
Flag Rnk 149 / 1124
2022
PRODUCT COMPLEXITY IN Hand Tools
0.83Rnk 235 / 1025
2022
Imports
$7.88MWorld Rnk 60 / 220
Flag Rnk 553 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $22.3M in Hand Tools, making it the 20th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 149th most exported product in Pakistan. The main destination of Hand Tools exports from Pakistan are: United States ($6.23M), China ($2.99M), Germany ($2.6M), Japan ($1.48M), and Australia ($1.39M).

The fastest growing export markets for Hand Tools of Pakistan between 2021 and 2022 were China ($1.55M), Australia ($281k), and Brazil ($105k).

Imports In 2022, Pakistan imported $7.88M in Hand Tools, becoming the 60th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 553rd most imported product in Pakistan. Pakistan imports Hand Tools primarily from: China ($6.68M), India ($364k), Indonesia ($352k), Chinese Taipei ($156k), and United Arab Emirates ($82.1k).

The fastest growing import markets in Hand Tools for Pakistan between 2021 and 2022 were China ($1.78M), India ($152k), and Japan ($24.4k).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (28) were at the forefront of shipping Hand Tools from Pakistan to the United States.

Latest Trends

May 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)$22.3M
IMPORTS (2022)$7.88M
NET TRADE (2022)$14.5M

In 2022, Pakistan exported $22.3M in Hand Tools. The main destinations of Pakistan exports on Hand Tools were United States ($6.23M), China ($2.99M), Germany ($2.6M), Japan ($1.48M), and Australia ($1.39M).

In 2022, Pakistan imported $7.88M in Hand Tools, mainly from China ($6.68M), India ($364k), Indonesia ($352k), Chinese Taipei ($156k), and United Arab Emirates ($82.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
China$1.55M (108%)
Australia$281k (25.3%)
Brazil$105k (44.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Pakistan WERE (2021 - 2022):
Russia-$798k (-99.5%)
United States-$699k (-10.1%)
Saudi Arabia-$213k (-90%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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