Drafting Tools9017 (Harmonized System 1992 for 4-digit)
2020 World Trade: $2.15B, Rnk 695 / 1217
2020 Top Exporter | Top Importer: $789M | $314M, China | United States
2020 Product Complexity: 1.83, Rnk 14 / 1028
2019 - 2020 Export Growth (CAGR): -7.54%, Rnk 624 / 1217
2018 Mean Tariff: 5.02%, Rnk 833 / 1259
2020 Share of World Trade: 0.013%, Rnk 695 / 1217
Overview This page contains the latest trade data of Drafting Tools. In 2020, Drafting Tools were the world's 695th most traded product, with a total trade of $2.15B. Between 2019 and 2020 the exports of Drafting Tools decreased by -7.54%, from $2.33B to $2.15B. Trade in Drafting Tools represent 0.013% of total world trade.
Drafting Tools are a part of Optical, photo, & film equipment; medical instruments. They include Instruments for measuring length, hand use, nes, Micrometers, callipers and gauges, Drawing, marking-out, instruments nes, slide rules, Parts and accessories for drawing, etc instruments, and Drafting tables and machines.
Exports In 2020 the top exporters of Drafting Tools were China ($789M), United States ($238M), Germany ($204M), Japan ($185M), and Netherlands ($77.6M).
Imports In 2020 the top importers of Drafting Tools were United States ($314M), Germany ($169M), France ($88.7M), China ($85.4M), and Japan ($80.1M).
Tariffs In 2018 the average tariff for Drafting Tools was 5.02%, making it the 833rd lowest tariff using the HS4 product classification.
Ranking Drafting Tools ranks 14th in the Product Complexity Index (PCI).
Description Drawing, marking-out or mathematical calculating instruments are used to make technical drawings. They can be made from a variety of materials, including plastic and metal.
The following visualization shows the latest trends on Drafting Tools. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): China, $789M
Top Destination (2020): United States, $314M
Drafting Tools are the world's 695th most traded product.
In 2020, the top exporters of Drafting Tools were China ($789M), United States ($238M), Germany ($204M), Japan ($185M), and Netherlands ($77.6M).
In 2020, the top importers of Drafting Tools were United States ($314M), Germany ($169M), France ($88.7M), China ($85.4M), and Japan ($80.1M).
Trade by country
Top Origin Growth (2019 - 2020): Vietnam, $28.2M
Top Destination Growth (2019 - 2020): Vietnam, $9.83M
Between 2019 and 2020, the exports of Drafting Tools grew the fastest in Vietnam ($28.2M), South Korea ($3.49M), Slovakia ($3.27M), Mexico ($3.22M), and Belgium ($2.86M).
Between 2019 and 2020, the fastest growing importers of Drafting Tools were Vietnam ($9.83M), United Arab Emirates ($7.1M), Algeria ($3.31M), Denmark ($2.78M), and Poland ($2.3M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Drafting Tools.
In 2020, market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Drafting Tools are explained by 12 countries.
TOP NET EXPORTER (2020): China, $703M
TOP NET IMPORTER (2020): United States, $75.6M
This map shows which countries export or import more of Drafting Tools. Each country is colored based on the difference in exports and imports of Drafting Tools during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Drafting Tools were China ($703M), Japan ($105M), Thailand ($48.4M), Germany ($34.8M), and Chinese Taipei ($18.3M).
In 2020, the countries that had a largest trade value in imports than in exports of Drafting Tools were United States ($75.6M), Canada ($63.5M), France ($51.3M), Russia ($37.1M), and Mexico ($36.6M).
In 2020, the world most traded Drafting Tools, disaggragated by their HS6 level were Instruments for measuring length, hand use,... ($991M), Micrometers, callipers and gauges ($594M), Drawing, marking-out, instruments nes, slide rules ($413M), Parts and accessories for drawing, etc... ($110M), and Drafting tables and machines ($44.6M)
This visualization shows the countries that have an important ratio of their trade related to Drafting Tools. It is possible to select the main countries that export or import Drafting Tools in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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