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846711 (Harmonized System 1992 for 6-digit)

2023
World Trade $943MRnk 2177 / 4644
2023
Top Exporter | Top Importer $205M | $158MChinese Taipei | United States
2023
Product Complexity 1.81Rnk 49 / 4656
2022 - 2023
Export Growth (CAGR) -13.4%Rnk 3092 / 4644
2023
Share of World Trade 0.0042%Rnk 2177 / 4644

About

Overview This page contains the latest trade data of Tools for working in the hand, pneumatic rotary type. In 2023, Tools for working in the hand, pneumatic rotary type were the world's 2177th most traded product, with a total trade of $943M. Between 2022 and 2023 the exports of Tools for working in the hand, pneumatic rotary type decreased by -13.4%, from $1.09B to $943M. Trade in Tools for working in the hand, pneumatic rotary type represent 0.0042% of total world trade.

Tools for working in the hand, pneumatic rotary type are a part of Motor-working Tools.

Exports In 2023 the top exporters of Tools for working in the hand, pneumatic rotary type  were Chinese Taipei ($205M), China ($194M), United States ($87.4M), Germany ($60.5M), and Japan ($56.5M).

Imports In 2023 the top importers of Tools for working in the hand, pneumatic rotary type were United States ($158M), Belgium ($75M), Germany ($54.4M), India ($42.6M), and Mexico ($37M).

Ranking Tools for working in the hand, pneumatic rotary type ranks 49th in the Product Complexity Index (PCI).

Description The common uses of tools for working in the hand, pneumatic rotary type are typically for tasks that are too small for the larger stationary tools, where precision is a must, or where the work is not too heavy. Examples of these tasks might be drilling, tapping, driving, or reaming.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tools for working in the hand, pneumatic rotary type. 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)Chinese Taipei$205M
Top Destination (2023)United States$158M

In 2023 Tools for working in the hand, pneumatic rotary type were the world's 2177th most traded product (out of 4,644).

In 2023, the top exporters of Tools for working in the hand, pneumatic rotary type were Chinese Taipei ($205M), China ($194M), United States ($87.4M), Germany ($60.5M), and Japan ($56.5M).

In 2023, the top importers of Tools for working in the hand, pneumatic rotary type were United States ($158M), Belgium ($75M), Germany ($54.4M), India ($42.6M), and Mexico ($37M).

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Exporters of Tools for working in the hand, pneumatic rotary type (2023)
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Importers of Tools for working in the hand, pneumatic rotary type (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$5.04M
Top Destination Growth (2022 -  2023)Australia$6.32M

Between 2022 and 2023, the exports of Tools for working in the hand, pneumatic rotary type grew the fastest in France ($5.04M), Mexico ($3.54M), Germany ($3.41M), United States ($2.48M), and Netherlands ($2.4M).

Between 2022 and 2023, the fastest growing importers of Tools for working in the hand, pneumatic rotary type were Australia ($6.32M), Russia ($5.26M), India ($4.63M), United Arab Emirates ($2.25M), and Saudi Arabia ($1.39M).

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Exporters of Tools for working in the hand, pneumatic rotary type (2022 - 2023)

Importers of Tools for working in the hand, pneumatic rotary type (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tools for working in the hand, pneumatic rotary type.

In 2023, market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Tools for working in the hand, pneumatic rotary type are explained by 14 countries.

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Value of Exports in Tools for working in the hand, pneumatic rotary type

Net Trade

TOP NET EXPORTER (2023)Chinese Taipei$200M
TOP NET IMPORTER (2023)United States$71M

This map shows which countries export or import more of Tools for working in the hand, pneumatic rotary type. Each country is colored based on the difference in exports and imports of Tools for working in the hand, pneumatic rotary type during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Tools for working in the hand, pneumatic rotary type were Chinese Taipei ($200M), China ($163M), Japan ($41.3M), Hungary ($41.1M), and Sweden ($36.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Tools for working in the hand, pneumatic rotary type were United States ($71M), Belgium ($46.4M), Mexico ($27.5M), Canada ($26.4M), and India ($26.4M).

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 Tools for working in the hand, pneumatic rotary type.
It is possible to select the main countries that export or import Tools for working in the hand, pneumatic rotary type in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tools for working in the hand, pneumatic rotary type 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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