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Pricing

Tools; for working in the hand, pneumatic, hydraulic or with self-contained electric or non-electric motor

8467 (Harmonized System 1992 for 4-digit)

2022
World Trade $9.89BRnk 378 / 1218
2022
Top Exporter | Top Importer $3.37B | $1.76BChina | United States
2022
Product Complexity 1.02Rnk 166 / 1033
2021 - 2022
Export Growth (CAGR) -7.25%Rnk 1064 / 1218
2022
Share of World Trade 0.042%Rnk 378 / 1218

About

Overview This page contains the latest trade data of Motor-working Tools. In 2022, Motor-working Tools were the world's 378th most traded product, with a total trade of $9.89B. Between 2021 and 2022 the exports of Motor-working Tools decreased by -7.25%, from $10.7B to $9.89B. Trade in Motor-working Tools represent 0.042% of total world trade.

Motor-working Tools are a part of Machinery, mechanical appliances, & parts. They include Tools for working in hand, non-electric motor nes, Hand held tools nes, parts thereof, Chain saws, Tools for working in the hand, pneumatic rotary type, Tools for working in the hand, pneumatic type nes, Pneumatic hand tool parts, and Chain saw parts.

Exports In 2022 the top exporters of Motor-working Tools  were China ($3.37B), Germany ($1.3B), Chinese Taipei ($897M), United States ($700M), and Sweden ($474M).

Imports In 2022 the top importers of Motor-working Tools were United States ($1.76B), Germany ($581M), France ($454M), Mexico ($430M), and Canada ($325M).

Ranking Motor-working Tools ranks 166th in the Product Complexity Index (PCI).

Description Tools for working in the hand are used to perform a variety of tasks. They can be made from a variety of materials, including wood, metal, plastic, and other materials.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Motor-working 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.

Explore Latest Trends

* 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$3.37B
Top Destination (2022)United States$1.76B

In 2022 Motor-working Tools were the world's 378th most traded product (out of 1,218).

In 2022, the top exporters of Motor-working Tools were China ($3.37B), Germany ($1.3B), Chinese Taipei ($897M), United States ($700M), and Sweden ($474M).

In 2022, the top importers of Motor-working Tools were United States ($1.76B), Germany ($581M), France ($454M), Mexico ($430M), and Canada ($325M).

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Exporters of Motor-working Tools (2022)
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Importers of Motor-working Tools (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Brazil$23.2M
Top Destination Growth (2021 -  2022)Mexico$55.1M

Between 2021 and 2022, the exports of Motor-working Tools grew the fastest in Brazil ($23.2M), United States ($22.6M), Poland ($18.5M), United Arab Emirates ($15.4M), and Slovenia ($13M).

Between 2021 and 2022, the fastest growing importers of Motor-working Tools were Mexico ($55.1M), Australia ($42.8M), Austria ($24.6M), Colombia ($16.4M), and Argentina ($16.3M).

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Exporters of Motor-working Tools (2021 - 2022)

Importers of Motor-working Tools (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Motor-working Tools.

In 2022, market concentration measured using Shannon Entropy, was 3.81. This means that most of the exports of Motor-working Tools are explained by 14 countries.

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Value of Exports in Motor-working Tools

Net Trade

TOP NET EXPORTER (2022)China$3.08B
TOP NET IMPORTER (2022)United States$1.06B

This map shows which countries export or import more of Motor-working Tools. Each country is colored based on the difference in exports and imports of Motor-working Tools during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Motor-working Tools were China ($3.08B), Chinese Taipei ($836M), Germany ($722M), Sweden ($312M), and Japan ($168M).

In 2022, the countries that had a largest trade value in imports than in exports of Motor-working Tools were United States ($1.06B), Mexico ($311M), France ($308M), Canada ($260M), and Australia ($259M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Motor-working Tools, disaggragated by their HS6 level were Hand held tools nes, parts thereof ($2.59B), Tools for working in hand, non-electric... ($2.52B), Chain saws ($1.55B), Tools for working in the hand,... ($1.1B), and Tools for working in the hand,... ($1.01B)

HS6 Disaggregation for Motor-working Tools (2022)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Motor-working Tools 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)

Related Products

This visualization shows products that are likely to be exported by countries that export Motor-working Tools.

Country by Relatedness

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

Relative Relatedness by Country (2022)

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