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850880 (Harmonized System 1992 for 6-digit)

2023
World Trade $13.5BRnk 265 / 4644
2023
Top Exporter | Top Importer $5.77B | $3.68BChina | United States
2023
Product Complexity 1.1Rnk 628 / 4656
2022 - 2023
Export Growth (CAGR) -10.9%Rnk 2799 / 4644
2023
Share of World Trade 0.06%Rnk 265 / 4644

About

Overview This page contains the latest trade data of Tools, hand-held, with electric motor, not drills/saw. In 2023, Tools, hand-held, with electric motor, not drills/saw were the world's 265th most traded product, with a total trade of $13.5B. Between 2022 and 2023 the exports of Tools, hand-held, with electric motor, not drills/saw decreased by -10.9%, from $15.2B to $13.5B. Trade in Tools, hand-held, with electric motor, not drills/saw represent 0.06% of total world trade.

Tools, hand-held, with electric motor, not drills/saw are a part of Vacuum Cleaners.

Exports In 2023 the top exporters of Tools, hand-held, with electric motor, not drills/saw  were China ($5.77B), Germany ($1.41B), Vietnam ($1.39B), Mexico ($1.03B), and Austria ($381M).

Imports In 2023 the top importers of Tools, hand-held, with electric motor, not drills/saw were United States ($3.68B), Germany ($1.27B), Canada ($619M), France ($563M), and Belgium ($502M).

Ranking Tools, hand-held, with electric motor, not drills/saw ranks 628th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tools, hand-held, with electric motor, not drills/saw. 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)China$5.77B
Top Destination (2023)United States$3.68B

In 2023 Tools, hand-held, with electric motor, not drills/saw were the world's 265th most traded product (out of 4,644).

In 2023, the top exporters of Tools, hand-held, with electric motor, not drills/saw were China ($5.77B), Germany ($1.41B), Vietnam ($1.39B), Mexico ($1.03B), and Austria ($381M).

In 2023, the top importers of Tools, hand-held, with electric motor, not drills/saw were United States ($3.68B), Germany ($1.27B), Canada ($619M), France ($563M), and Belgium ($502M).

Explore Visualizations

Exporters of Tools, hand-held, with electric motor, not drills/saw (2023)
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Importers of Tools, hand-held, with electric motor, not drills/saw (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Sweden$98.7M
Top Destination Growth (2022 -  2023)Russia$131M

Between 2022 and 2023, the exports of Tools, hand-held, with electric motor, not drills/saw grew the fastest in Sweden ($98.7M), Vietnam ($54.3M), India ($44.9M), Poland ($37.5M), and Slovakia ($10.8M).

Between 2022 and 2023, the fastest growing importers of Tools, hand-held, with electric motor, not drills/saw were Russia ($131M), Poland ($53.1M), Turkey ($52.6M), Malaysia ($46.4M), and Ireland ($28.1M).

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Exporters of Tools, hand-held, with electric motor, not drills/saw (2022 - 2023)

Importers of Tools, hand-held, with electric motor, not drills/saw (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tools, hand-held, with electric motor, not drills/saw.

In 2023, market concentration measured using Shannon Entropy, was 3.33. This means that most of the exports of Tools, hand-held, with electric motor, not drills/saw are explained by 10 countries.

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Value of Exports in Tools, hand-held, with electric motor, not drills/saw

Net Trade

TOP NET EXPORTER (2023)China$5.62B
TOP NET IMPORTER (2023)United States$3.41B

This map shows which countries export or import more of Tools, hand-held, with electric motor, not drills/saw. Each country is colored based on the difference in exports and imports of Tools, hand-held, with electric motor, not drills/saw during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Tools, hand-held, with electric motor, not drills/saw were China ($5.62B), Vietnam ($1.27B), Mexico ($826M), Malaysia ($254M), and Sweden ($214M).

In 2023, the countries that had a largest trade value in imports than in exports of Tools, hand-held, with electric motor, not drills/saw were United States ($3.41B), Canada ($579M), France ($431M), Russia ($397M), and United Kingdom ($387M).

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, hand-held, with electric motor, not drills/saw.
It is possible to select the main countries that export or import Tools, hand-held, with electric motor, not drills/saw in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tools, hand-held, with electric motor, not drills/saw 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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