Tool PlatesTools; plates, sticks, tips and the like for tools, unmounted, of sintered metal carbides or cermets
8209 (Harmonized System 1992 for 4-digit)
2021 World Trade: $6.58B, Rnk 464 / 1217
2021 Top Exporter | Top Importer: $1.23B | $878M, Germany | United States
2021 Product Complexity: 1.62, Rnk 34 / 1024
2020 - 2021 Export Growth (CAGR): 29.1%, Rnk 349 / 1217
2018 Mean Tariff: 6.57%, Rnk 650 / 1259
2021 Share of World Trade: 0.031%, Rnk 464 / 1217
Overview This page contains the latest trade data of Tool Plates. In 2021, Tool Plates were the world's 464th most traded product, with a total trade of $6.58B. Between 2020 and 2021 the exports of Tool Plates grew by 29.1%, from $5.1B to $6.58B. Trade in Tool Plates represent 0.031% of total world trade.
Tool Plates are a part of Tools & cutlery. They include Tool plates/tips/etc, sintered metal carbide & cermet.
Exports In 2021 the top exporters of Tool Plates were Germany ($1.23B), Japan ($958M), China ($612M), Israel ($551M), and Sweden ($537M).
Imports In 2021 the top importers of Tool Plates were United States ($878M), Netherlands ($765M), Germany ($690M), China ($656M), and Italy ($335M).
Tariffs In 2018 the average tariff for Tool Plates was 6.57%, making it the 650th lowest tariff using the HS4 product classification.
Ranking Tool Plates ranks 34th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Tool Plates. 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.
Trade By Country
Top Origin (2021): Germany, $1.23B
Top Destination (2021): United States, $878M
Tool Plates are the world's 464th most traded product.
In 2021, the top exporters of Tool Plates were Germany ($1.23B), Japan ($958M), China ($612M), Israel ($551M), and Sweden ($537M).
In 2021, the top importers of Tool Plates were United States ($878M), Netherlands ($765M), Germany ($690M), China ($656M), and Italy ($335M).
Trade by country
Top Origin Growth (2020 - 2021): Germany, $284M
Top Destination Growth (2020 - 2021): Netherlands, $195M
Between 2020 and 2021, the exports of Tool Plates grew the fastest in Germany ($284M), Japan ($218M), China ($152M), Austria ($129M), and Israel ($88.2M).
Between 2020 and 2021, the fastest growing importers of Tool Plates were Netherlands ($195M), United States ($188M), Germany ($171M), China ($109M), and India ($94.7M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Tool Plates.
In 2021, market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Tool Plates are explained by 15 countries.
TOP NET EXPORTER (2021): Japan, $751M
TOP NET IMPORTER (2021): Netherlands, $560M
This map shows which countries export or import more of Tool Plates. Each country is colored based on the difference in exports and imports of Tool Plates during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Tool Plates were Japan ($751M), Germany ($536M), Israel ($496M), Sweden ($480M), and South Korea ($238M).
In 2021, the countries that had a largest trade value in imports than in exports of Tool Plates were Netherlands ($560M), United States ($462M), Italy ($272M), Russia ($133M), and India ($122M).
In 2021, the world most traded Tool Plates, disaggragated by their HS6 level were Tool plates/tips/etc, sintered metal carbide &... ($6.58B)
This visualization shows the countries that have an important ratio of their trade related to Tool Plates. It is possible to select the main countries that export or import Tool Plates in the world, or by continent, as well as select the measure of interest.
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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