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820520 (Harmonized System 1992 for 6-digit)

2023
World Trade $504MRnk 2851 / 4644
2023
Top Exporter | Top Importer $236M | $110MChina | United States
2023
Product Complexity -0.2Rnk 2827 / 4656
2022 - 2023
Export Growth (CAGR) -14.1%Rnk 3149 / 4644
2023
Share of World Trade 0.0022%Rnk 2851 / 4644

About

Overview This page contains the latest trade data of Hammers including sledge hammers. In 2023, Hammers including sledge hammers were the world's 2851st most traded product, with a total trade of $504M. Between 2022 and 2023 the exports of Hammers including sledge hammers decreased by -14.1%, from $586M to $504M. Trade in Hammers including sledge hammers represent 0.0022% of total world trade.

Hammers including sledge hammers are a part of Other Hand Tools.

Exports In 2023 the top exporters of Hammers including sledge hammers  were China ($236M), Chinese Taipei ($42.6M), Mexico ($34.5M), Germany ($34.2M), and India ($26.8M).

Imports In 2023 the top importers of Hammers including sledge hammers were United States ($110M), Germany ($26.2M), Canada ($21.3M), France ($18.4M), and Netherlands ($18.2M).

Ranking Hammers including sledge hammers ranks 2827th in the Product Complexity Index (PCI).

Description Common uses of hammers include building and construction, shaping metal, breaking ice, and driving nails.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Hammers including sledge hammers. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$236M
Top Destination (2023)United States$110M

In 2023 Hammers including sledge hammers were the world's 2851st most traded product (out of 4,644).

In 2023, the top exporters of Hammers including sledge hammers were China ($236M), Chinese Taipei ($42.6M), Mexico ($34.5M), Germany ($34.2M), and India ($26.8M).

In 2023, the top importers of Hammers including sledge hammers were United States ($110M), Germany ($26.2M), Canada ($21.3M), France ($18.4M), and Netherlands ($18.2M).

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Exporters of Hammers including sledge hammers (2023)
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Importers of Hammers including sledge hammers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Romania$3.08M
Top Destination Growth (2022 -  2023)France$3.03M

Between 2022 and 2023, the exports of Hammers including sledge hammers grew the fastest in Romania ($3.08M), Germany ($2.76M), Singapore ($2.3M), Belgium ($1.56M), and United Arab Emirates ($859k).

Between 2022 and 2023, the fastest growing importers of Hammers including sledge hammers were France ($3.03M), Russia ($2.47M), South Korea ($1.83M), Algeria ($1.73M), and Saudi Arabia ($1.58M).

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Exporters of Hammers including sledge hammers (2022 - 2023)

Importers of Hammers including sledge hammers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hammers including sledge hammers.

In 2023, market concentration measured using Shannon Entropy, was 3.24. This means that most of the exports of Hammers including sledge hammers are explained by 9 countries.

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Value of Exports in Hammers including sledge hammers

Net Trade

TOP NET EXPORTER (2023)China$233M
TOP NET IMPORTER (2023)United States$86.6M

This map shows which countries export or import more of Hammers including sledge hammers. Each country is colored based on the difference in exports and imports of Hammers including sledge hammers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hammers including sledge hammers were China ($233M), Chinese Taipei ($37.8M), Mexico ($28.4M), India ($24.6M), and Vietnam ($10.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Hammers including sledge hammers were United States ($86.6M), Canada ($20.9M), Russia ($15.4M), Indonesia ($13.6M), and France ($13.1M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Hammers including sledge hammers.
It is possible to select the main countries that export or import Hammers including sledge hammers in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hammers including sledge hammers by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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