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846799 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.59BRnk 1263 / 4648
2022
Top Exporter | Top Importer $1.13B | $356MChina | United States
2022
Product Complexity 1.27Rnk 410 / 4653
2021 - 2022
Export Growth (CAGR) -11.3%Rnk 4022 / 4648
2022
Share of World Trade 0.011%Rnk 1263 / 4648

About

Overview This page contains the latest trade data of Hand held tools nes, parts thereof. In 2022, Hand held tools nes, parts thereof were the world's 1263rd most traded product, with a total trade of $2.59B. Between 2021 and 2022 the exports of Hand held tools nes, parts thereof decreased by -11.3%, from $2.92B to $2.59B. Trade in Hand held tools nes, parts thereof represent 0.011% of total world trade.

Hand held tools nes, parts thereof are a part of Motor-working Tools.

Exports In 2022 the top exporters of Hand held tools nes, parts thereof  were China ($1.13B), Germany ($208M), United States ($170M), Chinese Taipei ($148M), and Hong Kong ($126M).

Imports In 2022 the top importers of Hand held tools nes, parts thereof were United States ($356M), Mexico ($241M), Germany ($201M), China ($110M), and Austria ($107M).

Ranking Hand held tools nes, parts thereof ranks 410th in the Product Complexity Index (PCI).

Description Hand tools are used for a variety of purposes, depending on the type of work that is being done. Various types of saws are used for cutting metal, wood, etc., hammers are used for driving nails, drills are used for drilling holes, etc.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Hand held tools nes, parts thereof. 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 (2022)China$1.13B
Top Destination (2022)United States$356M

In 2022 Hand held tools nes, parts thereof were the world's 1263rd most traded product (out of 4,648).

In 2022, the top exporters of Hand held tools nes, parts thereof were China ($1.13B), Germany ($208M), United States ($170M), Chinese Taipei ($148M), and Hong Kong ($126M).

In 2022, the top importers of Hand held tools nes, parts thereof were United States ($356M), Mexico ($241M), Germany ($201M), China ($110M), and Austria ($107M).

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Exporters of Hand held tools nes, parts thereof (2022)
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Importers of Hand held tools nes, parts thereof (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Arab Emirates$14.9M
Top Destination Growth (2021 -  2022)Australia$55.7M

Between 2021 and 2022, the exports of Hand held tools nes, parts thereof grew the fastest in United Arab Emirates ($14.9M), Slovenia ($12.5M), Singapore ($2.71M), Slovakia ($2.59M), and Romania ($2.28M).

Between 2021 and 2022, the fastest growing importers of Hand held tools nes, parts thereof were Australia ($55.7M), Mexico ($35.2M), Austria ($21.7M), France ($8.77M), and India ($7.4M).

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Exporters of Hand held tools nes, parts thereof (2021 - 2022)

Importers of Hand held tools nes, parts thereof (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hand held tools nes, parts thereof.

In 2022, market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Hand held tools nes, parts thereof are explained by 11 countries.

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Value of Exports in Hand held tools nes, parts thereof

Net Trade

TOP NET EXPORTER (2022)China$1.02B
TOP NET IMPORTER (2022)Mexico$202M

This map shows which countries export or import more of Hand held tools nes, parts thereof. Each country is colored based on the difference in exports and imports of Hand held tools nes, parts thereof during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Hand held tools nes, parts thereof were China ($1.02B), Chinese Taipei ($136M), Hong Kong ($44.7M), Slovenia ($32.1M), and Serbia ($23.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Hand held tools nes, parts thereof were Mexico ($202M), United States ($186M), Australia ($89.6M), Austria ($72.6M), and Vietnam ($62.1M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Hand held tools nes, parts thereof.
It is possible to select the main countries that export or import Hand held tools nes, parts thereof in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hand held tools nes, parts thereof 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 (2022)

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