HS Icon Tool Plates

Tools; plates, sticks, tips and the like for tools, unmounted, of sintered metal carbides or cermets

8209 (Harmonized System 1992 for 4-digit)

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).

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Flow
Y-AXIS SCALE

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.

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Historical Data

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Exporters and Importers

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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).

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Market Dynamics

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Trade by country

Color

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).

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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 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.

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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).

Disaggregation

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Value

In 2021, the world most traded Tool Plates, disaggragated by their HS6 level were N/A

Country Comparison

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Flow
Measure
Ranking

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.

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.

Country by Relatedness

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