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HS Icon Hand Tools

Tools, hand; files, rasps, pliers (including cutting pliers), pincers, tweezers, metal cutting shears, pipe cutters, bolt croppers, perforating punches and similar

8203 (Harmonized System 1992 for 4-digit)

2021
World Trade: $2.84B, Rnk 676 / 1217

2021
Top Exporter | Top Importer: $1.05B | $530M, China | United States

2021
Product Complexity: 0.8, Rnk 237 / 1024

2020 - 2021
Export Growth (CAGR): 25.2%, Rnk 443 / 1217

2018
Mean Tariff: 9%, Rnk 472 / 1259

2021
Share of World Trade: 0.013%, Rnk 676 / 1217

About

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Overview This page contains the latest trade data of Hand Tools. In 2021, Hand Tools were the world's 676th most traded product, with a total trade of $2.84B. Between 2020 and 2021 the exports of Hand Tools grew by 25.2%, from $2.27B to $2.84B. Trade in Hand Tools represent 0.013% of total world trade.

Hand Tools are a part of Tools & cutlery. They include Pliers, pincers, tweezers and similar tools, Files, rasps and similar tools, Pipe-cutters, bolt croppers, perforating punches etc., and Metal and wire cutting shears, etc.

Exports In 2021 the top exporters of Hand Tools  were China ($1.05B), Germany ($472M), Chinese Taipei ($194M), United States ($175M), and India ($89M).

Imports In 2021 the top importers of Hand Tools were United States ($530M), Germany ($223M), France ($126M), United Kingdom ($105M), and Netherlands ($101M).

Tariffs In 2018 the average tariff for Hand Tools was 9%, making it the 472nd lowest tariff using the HS4 product classification.

Ranking Hand Tools ranks 237th in the Product Complexity Index (PCI).

Description Files, rasps, pliers, and other hand tools are used to shape metal. They can be made from a variety of materials, including steel, aluminum, and copper.

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Latest Data

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View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Hand 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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $1.05B

Top Destination (2021): United States, $530M

Hand Tools are the world's 676th most traded product.

In 2021, the top exporters of Hand Tools were China ($1.05B), Germany ($472M), Chinese Taipei ($194M), United States ($175M), and India ($89M).

In 2021, the top importers of Hand Tools were United States ($530M), Germany ($223M), France ($126M), United Kingdom ($105M), and Netherlands ($101M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $233M

Top Destination Growth (2020 -  2021): United States, $96.5M

Between 2020 and 2021, the exports of Hand Tools grew the fastest in China ($233M), Germany ($92.2M), Chinese Taipei ($36.5M), United States ($31.8M), and India ($29.2M).

Between 2020 and 2021, the fastest growing importers of Hand Tools were United States ($96.5M), Germany ($41.9M), France ($32.4M), United Kingdom ($23M), and Poland ($21.8M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Hand Tools.

In 2021, market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Hand Tools are explained by 11 countries.

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Net Trade

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TOP NET EXPORTER (2021): China, $1.01B

TOP NET IMPORTER (2021): United States, $355M

This map shows which countries export or import more of Hand Tools. Each country is colored based on the difference in exports and imports of Hand Tools during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Hand Tools were China ($1.01B), Germany ($249M), Chinese Taipei ($169M), India ($65.3M), and Switzerland ($44.5M).

In 2021, the countries that had a largest trade value in imports than in exports of Hand Tools were United States ($355M), Canada ($93M), United Kingdom ($75.3M), France ($65.2M), and Russia ($57.9M).

Disaggregation

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Value

In 2021, the world most traded Hand Tools, disaggragated by their HS6 level were Pliers, pincers, tweezers and similar tools ($1.97B), Files, rasps and similar tools ($372M), Pipe-cutters, bolt croppers, perforating punches etc. ($304M), and Metal and wire cutting shears, etc ($191M)

Country Comparison

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Flow
Measure
Ranking

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

Product Complexity

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Diversification Frontier

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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.

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This visualization shows products that are likely to be exported by countries that export Hand Tools.

Country by Relatedness

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The following visualization shows the relatedness of Hand Tools to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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