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846719 (Harmonized System 1992 for 6-digit)

2023
World Trade $1BRnk 2109 / 4644
2023
Top Exporter | Top Importer $281M | $352MChinese Taipei | United States
2023
Product Complexity 1.23Rnk 423 / 4656
2022 - 2023
Export Growth (CAGR) -16.2%Rnk 3342 / 4644
2023
Share of World Trade 0.0044%Rnk 2109 / 4644

About

Overview This page contains the latest trade data of Tools for working in the hand, pneumatic type nes. In 2023, Tools for working in the hand, pneumatic type nes were the world's 2109th most traded product, with a total trade of $1B. Between 2022 and 2023 the exports of Tools for working in the hand, pneumatic type nes decreased by -16.2%, from $1.2B to $1B. Trade in Tools for working in the hand, pneumatic type nes represent 0.0044% of total world trade.

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

Exports In 2023 the top exporters of Tools for working in the hand, pneumatic type nes  were Chinese Taipei ($281M), China ($232M), Vietnam ($85.5M), United States ($69.4M), and Germany ($59.4M).

Imports In 2023 the top importers of Tools for working in the hand, pneumatic type nes were United States ($352M), Canada ($54.8M), Germany ($35M), Netherlands ($30.2M), and France ($29.5M).

Ranking Tools for working in the hand, pneumatic type nes ranks 423rd in the Product Complexity Index (PCI).

Description tools are used for many different tasks such as, cutting, sawing, and drilling

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tools for working in the hand, pneumatic type 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 (2023)Chinese Taipei$281M
Top Destination (2023)United States$352M

In 2023 Tools for working in the hand, pneumatic type nes were the world's 2109th most traded product (out of 4,644).

In 2023, the top exporters of Tools for working in the hand, pneumatic type nes were Chinese Taipei ($281M), China ($232M), Vietnam ($85.5M), United States ($69.4M), and Germany ($59.4M).

In 2023, the top importers of Tools for working in the hand, pneumatic type nes were United States ($352M), Canada ($54.8M), Germany ($35M), Netherlands ($30.2M), and France ($29.5M).

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

Color
Top Origin Growth (2022 -  2023)Vietnam$42.9M
Top Destination Growth (2022 -  2023)Netherlands$8.16M

Between 2022 and 2023, the exports of Tools for working in the hand, pneumatic type nes grew the fastest in Vietnam ($42.9M), United Arab Emirates ($2.05M), Angola ($1.85M), Turkey ($1.41M), and Hungary ($1.06M).

Between 2022 and 2023, the fastest growing importers of Tools for working in the hand, pneumatic type nes were Netherlands ($8.16M), Saudi Arabia ($4.46M), Algeria ($2.76M), Turkey ($2.72M), and Russia ($2.04M).

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

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

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.64. This means that most of the exports of Tools for working in the hand, pneumatic type nes are explained by 12 countries.

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

Net Trade

TOP NET EXPORTER (2023)Chinese Taipei$278M
TOP NET IMPORTER (2023)United States$283M

This map shows which countries export or import more of Tools for working in the hand, pneumatic type nes. Each country is colored based on the difference in exports and imports of Tools for working in the hand, pneumatic type nes 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 type nes were Chinese Taipei ($278M), China ($208M), Vietnam ($75.1M), Japan ($29.3M), and Germany ($24.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Tools for working in the hand, pneumatic type nes were United States ($283M), Canada ($49.8M), Mexico ($20.2M), Australia ($18.4M), and Russia ($17.9M).

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 type nes.
It is possible to select the main countries that export or import Tools for working in the hand, pneumatic type nes 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 type 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 (2023)

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