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820330 (Harmonized System 1992 for 6-digit)

2023
World Trade $222MRnk 3590 / 4644
2023
Top Exporter | Top Importer $52.2M | $54.7MChina | United States
2023
Product Complexity 0.52Rnk 1627 / 4656
2022 - 2023
Export Growth (CAGR) -0.99%Rnk 1657 / 4644
2023
Share of World Trade 0.00098%Rnk 3590 / 4644

About

Overview This page contains the latest trade data of Metal and wire cutting shears, etc. In 2023, Metal and wire cutting shears, etc were the world's 3590th most traded product, with a total trade of $222M. Between 2022 and 2023 the exports of Metal and wire cutting shears, etc decreased by -0.99%, from $225M to $222M. Trade in Metal and wire cutting shears, etc represent 0.00098% of total world trade.

Metal and wire cutting shears, etc are a part of Hand Tools.

Exports In 2023 the top exporters of Metal and wire cutting shears, etc  were China ($52.2M), Chinese Taipei ($44.1M), Germany ($34.1M), United States ($15.1M), and Vietnam ($13.6M).

Imports In 2023 the top importers of Metal and wire cutting shears, etc were United States ($54.7M), Germany ($12.3M), Canada ($10.3M), France ($9.93M), and United Kingdom ($7.75M).

Ranking Metal and wire cutting shears, etc ranks 1627th in the Product Complexity Index (PCI).

Description The most common use of metal and wire cutting shears is to cut through metal, wire, and thicker pieces of plastic. These shears are sharp and durable and are used to cut not only rigid materials, but also softer materials that are thin enough. They are good for cutting through things that are too big for scissors.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Metal and wire cutting shears, etc. 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$52.2M
Top Destination (2023)United States$54.7M

In 2023 Metal and wire cutting shears, etc were the world's 3590th most traded product (out of 4,644).

In 2023, the top exporters of Metal and wire cutting shears, etc were China ($52.2M), Chinese Taipei ($44.1M), Germany ($34.1M), United States ($15.1M), and Vietnam ($13.6M).

In 2023, the top importers of Metal and wire cutting shears, etc were United States ($54.7M), Germany ($12.3M), Canada ($10.3M), France ($9.93M), and United Kingdom ($7.75M).

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Exporters of Metal and wire cutting shears, etc (2023)
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Importers of Metal and wire cutting shears, etc (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$1.92M
Top Destination Growth (2022 -  2023)Russia$1.98M

Between 2022 and 2023, the exports of Metal and wire cutting shears, etc grew the fastest in Germany ($1.92M), Singapore ($1.27M), Chinese Taipei ($1.15M), Austria ($1.14M), and United States ($1.04M).

Between 2022 and 2023, the fastest growing importers of Metal and wire cutting shears, etc were Russia ($1.98M), France ($1.09M), Australia ($1.09M), Indonesia ($1.07M), and Belgium ($925k).

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Exporters of Metal and wire cutting shears, etc (2022 - 2023)

Importers of Metal and wire cutting shears, etc (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Metal and wire cutting shears, etc.

In 2023, market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Metal and wire cutting shears, etc are explained by 13 countries.

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Value of Exports in Metal and wire cutting shears, etc

Net Trade

TOP NET EXPORTER (2023)China$50.1M
TOP NET IMPORTER (2023)United States$39.6M

This map shows which countries export or import more of Metal and wire cutting shears, etc. Each country is colored based on the difference in exports and imports of Metal and wire cutting shears, etc during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Metal and wire cutting shears, etc were China ($50.1M), Chinese Taipei ($43.6M), Germany ($21.9M), Vietnam ($12.4M), and India ($3.36M).

In 2023, the countries that had a largest trade value in imports than in exports of Metal and wire cutting shears, etc were United States ($39.6M), Canada ($9.27M), France ($6.86M), Russia ($6.31M), and Australia ($5.58M).

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 Metal and wire cutting shears, etc.
It is possible to select the main countries that export or import Metal and wire cutting shears, etc in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Metal and wire cutting shears, etc 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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