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820559 (Harmonized System 1992 for 6-digit)

2022
World Trade $4.4BRnk 860 / 4648
2022
Top Exporter | Top Importer $1.53B | $932MChina | United States
2022
Product Complexity 0.77Rnk 1149 / 4653
2021 - 2022
Export Growth (CAGR) 1.34%Rnk 2767 / 4648
2022
Share of World Trade 0.019%Rnk 860 / 4648

About

Overview This page contains the latest trade data of Tools for masons/watchmakers/miners, hand tools nes. In 2022, Tools for masons/watchmakers/miners, hand tools nes were the world's 860th most traded product, with a total trade of $4.4B. Between 2021 and 2022 the exports of Tools for masons/watchmakers/miners, hand tools nes grew by 1.34%, from $4.35B to $4.4B. Trade in Tools for masons/watchmakers/miners, hand tools nes represent 0.019% of total world trade.

Tools for masons/watchmakers/miners, hand tools nes are a part of Other Hand Tools.

Exports In 2022 the top exporters of Tools for masons/watchmakers/miners, hand tools nes  were China ($1.53B), Chinese Taipei ($787M), Germany ($390M), United States ($336M), and France ($148M).

Imports In 2022 the top importers of Tools for masons/watchmakers/miners, hand tools nes were United States ($932M), Germany ($303M), United Kingdom ($187M), France ($184M), and Canada ($155M).

Ranking Tools for masons/watchmakers/miners, hand tools nes ranks 1149th in the Product Complexity Index (PCI).

Description Masons use tools for measuring, cutting and forming as well as for trowelling and scraping. Watchmakers use tools for measuring, cutting and filing and for assembling and painting. Miners use tools for measuring, cutting and drilling as well as for holding, hammering and mining. Hand tools are used for a variety of jobs which include measuring, cutting, marking and drilling.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tools for masons/watchmakers/miners, hand tools nes. 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 (2022)China$1.53B
Top Destination (2022)United States$932M

In 2022 Tools for masons/watchmakers/miners, hand tools nes were the world's 860th most traded product (out of 4,648).

In 2022, the top exporters of Tools for masons/watchmakers/miners, hand tools nes were China ($1.53B), Chinese Taipei ($787M), Germany ($390M), United States ($336M), and France ($148M).

In 2022, the top importers of Tools for masons/watchmakers/miners, hand tools nes were United States ($932M), Germany ($303M), United Kingdom ($187M), France ($184M), and Canada ($155M).

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Exporters of Tools for masons/watchmakers/miners, hand tools nes (2022)
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Importers of Tools for masons/watchmakers/miners, hand tools nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$131M
Top Destination Growth (2021 -  2022)Singapore$47.9M

Between 2021 and 2022, the exports of Tools for masons/watchmakers/miners, hand tools nes grew the fastest in China ($131M), United States ($30.2M), United Arab Emirates ($8.65M), India ($6.19M), and Vietnam ($5.22M).

Between 2021 and 2022, the fastest growing importers of Tools for masons/watchmakers/miners, hand tools nes were Singapore ($47.9M), United States ($40.6M), Malaysia ($26.6M), Brunei ($12.6M), and Saudi Arabia ($12.3M).

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Exporters of Tools for masons/watchmakers/miners, hand tools nes (2021 - 2022)

Importers of Tools for masons/watchmakers/miners, hand tools nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tools for masons/watchmakers/miners, hand tools nes.

In 2022, market concentration measured using Shannon Entropy, was 3.62. This means that most of the exports of Tools for masons/watchmakers/miners, hand tools nes are explained by 12 countries.

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Value of Exports in Tools for masons/watchmakers/miners, hand tools nes

Net Trade

TOP NET EXPORTER (2022)China$1.46B
TOP NET IMPORTER (2022)United States$596M

This map shows which countries export or import more of Tools for masons/watchmakers/miners, hand tools nes. Each country is colored based on the difference in exports and imports of Tools for masons/watchmakers/miners, hand tools nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Tools for masons/watchmakers/miners, hand tools nes were China ($1.46B), Chinese Taipei ($764M), Germany ($86.9M), India ($55.5M), and Austria ($37.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Tools for masons/watchmakers/miners, hand tools nes were United States ($596M), United Kingdom ($117M), Canada ($109M), Australia ($105M), and Russia ($84M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Tools for masons/watchmakers/miners, hand tools nes.
It is possible to select the main countries that export or import Tools for masons/watchmakers/miners, hand tools nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tools for masons/watchmakers/miners, hand tools nes 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)

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