HS Icon Wrenches in  Flag India

2019
Exports | Imports
: $144M | $34M, World Rnk 5 / 202
Flag Rnk 305 / 1213 | World Rnk 21 / 220
Flag Rnk 632 / 1209

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $7.97M | $390k, United States |  Belgium

2019
ECONOMIC COMPLEXITY of India
: 0.57, Rnk 45 / 147

2019
PRODUCT COMPLEXITY  IN Wrenches
: 1.72, Rnk 24 / 1029

Exports: In 2019, India exported $144M in Wrenches, making it the 5th largest exporter of Wrenches in the world. At the same year, Wrenches was the 305th most exported product in India. The main destination of Wrenches exports from India are: United States ($27.8M), Germany ($15.6M), Russia ($9.28M), Brazil ($7.83M), and Netherlands ($6.71M).

The fastest growing export markets for Wrenches of India between 2018 and 2019 were United States ($7.97M), Netherlands ($2.34M), and United Arab Emirates ($1.18M).

Imports: In 2019, India imported $34M in Wrenches, becoming the 21st largest importer of Wrenches in the world. At the same year, Wrenches was the 632nd most imported product in India. India imports Wrenches primarily from: China ($16.8M), Chinese Taipei ($4.47M), Japan ($2.64M), United States ($2.2M), and Germany ($2M).

The fastest growing import markets in Wrenches for India between 2018 and 2019 were Belgium ($390k), United Kingdom ($364k), and France ($272k).

Tariffs: In 2018, the average tariff for India in Wrenches was 8.19%. The countries with the highest import tariffs for Wrenches were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).

Historical Data

#permalink to section
Value

EXPORTS (2019): $144M

IMPORTS (2019): $34M

NET TRADE (2019): $110M

In 2019, India exported $144M in Wrenches. The main destinations of India exports on Wrenches were United States ($27.8M), Germany ($15.6M), Russia ($9.28M), Brazil ($7.83M), and Netherlands ($6.71M).

In 2019, India imported $34M in Wrenches, mainly from China ($16.8M), Chinese Taipei ($4.47M), Japan ($2.64M), United States ($2.2M), and Germany ($2M).

Explore Visualizations

IN 2019, India HAD A POSITIVE NET TRADE IN Wrenches WITH:

IN 2019, India HAD A NEGATIVE NET TRADE IN Wrenches WITH:

Flow

THE FASTEST GROWING Wrenches EXPORT MARKETS FOR India WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY India WERE (2018 - 2019):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2018, India's main exporting competitors in Wrenches were:

In 2018, India's main importing competitors in Wrenches were:

Explore Visualizations

Tariffs by Country

#permalink to section

In 2018, the average tariff for India in Wrenches was 8.19%.

The countries with the highest tariffs for Wrenches in India were Angola (Most Favoured Nation duty rate treatement, 10%), Botswana (Most Favoured Nation duty rate treatement, 10%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 10%), Cameroon (Most Favoured Nation duty rate treatement, 10%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 10%).