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820340 (Harmonized System 1992 for 6-digit)

2023
World Trade $305MRnk 3327 / 4644
2023
Top Exporter | Top Importer $112M | $71.4MChina | United States
2023
Product Complexity 1.21Rnk 456 / 4656
2022 - 2023
Export Growth (CAGR) -7.15%Rnk 2371 / 4644
2023
Share of World Trade 0.0013%Rnk 3327 / 4644

About

Overview This page contains the latest trade data of Pipe-cutters, bolt croppers, perforating punches etc.. In 2023, Pipe-cutters, bolt croppers, perforating punches etc. were the world's 3327th most traded product, with a total trade of $305M. Between 2022 and 2023 the exports of Pipe-cutters, bolt croppers, perforating punches etc. decreased by -7.15%, from $328M to $305M. Trade in Pipe-cutters, bolt croppers, perforating punches etc. represent 0.0013% of total world trade.

Pipe-cutters, bolt croppers, perforating punches etc. are a part of Hand Tools.

Exports In 2023 the top exporters of Pipe-cutters, bolt croppers, perforating punches etc.  were China ($112M), Germany ($36.8M), Chinese Taipei ($34.3M), United States ($22.8M), and Japan ($16.2M).

Imports In 2023 the top importers of Pipe-cutters, bolt croppers, perforating punches etc. were United States ($71.4M), Germany ($22M), France ($16.1M), Canada ($13.9M), and United Kingdom ($10.3M).

Ranking Pipe-cutters, bolt croppers, perforating punches etc. ranks 456th in the Product Complexity Index (PCI).

Description Pipe-cutters can be used to cut copper, aluminum, or steel pipe. Bolt croppers can be used to cut bolts with a diameter of up to 3/8”. Perforating punches are used to make holes in sheet metal. What is the function of a caliper? A caliper is a tool used to measure the distance between two points.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Pipe-cutters, bolt croppers, perforating punches 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$112M
Top Destination (2023)United States$71.4M

In 2023 Pipe-cutters, bolt croppers, perforating punches etc. were the world's 3327th most traded product (out of 4,644).

In 2023, the top exporters of Pipe-cutters, bolt croppers, perforating punches etc. were China ($112M), Germany ($36.8M), Chinese Taipei ($34.3M), United States ($22.8M), and Japan ($16.2M).

In 2023, the top importers of Pipe-cutters, bolt croppers, perforating punches etc. were United States ($71.4M), Germany ($22M), France ($16.1M), Canada ($13.9M), and United Kingdom ($10.3M).

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Exporters of Pipe-cutters, bolt croppers, perforating punches etc. (2023)
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Importers of Pipe-cutters, bolt croppers, perforating punches etc. (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$2.36M
Top Destination Growth (2022 -  2023)Russia$1.52M

Between 2022 and 2023, the exports of Pipe-cutters, bolt croppers, perforating punches etc. grew the fastest in United Kingdom ($2.36M), United States ($1.52M), Netherlands ($806k), France ($623k), and Singapore ($617k).

Between 2022 and 2023, the fastest growing importers of Pipe-cutters, bolt croppers, perforating punches etc. were Russia ($1.52M), Spain ($1.32M), Costa Rica ($1.17M), Kazakhstan ($1.15M), and Saudi Arabia ($714k).

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Exporters of Pipe-cutters, bolt croppers, perforating punches etc. (2022 - 2023)

Importers of Pipe-cutters, bolt croppers, perforating punches etc. (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pipe-cutters, bolt croppers, perforating punches etc..

In 2023, market concentration measured using Shannon Entropy, was 3.49. This means that most of the exports of Pipe-cutters, bolt croppers, perforating punches etc. are explained by 11 countries.

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Value of Exports in Pipe-cutters, bolt croppers, perforating punches etc.

Net Trade

TOP NET EXPORTER (2023)China$110M
TOP NET IMPORTER (2023)United States$48.6M

This map shows which countries export or import more of Pipe-cutters, bolt croppers, perforating punches etc.. Each country is colored based on the difference in exports and imports of Pipe-cutters, bolt croppers, perforating punches etc. during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pipe-cutters, bolt croppers, perforating punches etc. were China ($110M), Chinese Taipei ($33.4M), Germany ($14.8M), Spain ($9.81M), and Japan ($7.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Pipe-cutters, bolt croppers, perforating punches etc. were United States ($48.6M), Canada ($13.5M), France ($9.47M), Mexico ($8.95M), and Russia ($6.69M).

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 Pipe-cutters, bolt croppers, perforating punches etc..
It is possible to select the main countries that export or import Pipe-cutters, bolt croppers, perforating punches etc. in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pipe-cutters, bolt croppers, perforating punches 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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