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820570 (Harmonized System 1992 for 6-digit)

2023
World Trade $840MRnk 2301 / 4644
2023
Top Exporter | Top Importer $298M | $170MChina | United States
2023
Product Complexity 0.96Rnk 836 / 4656
2022 - 2023
Export Growth (CAGR) -9.86%Rnk 2691 / 4644
2023
Share of World Trade 0.0037%Rnk 2301 / 4644

About

Overview This page contains the latest trade data of Vices, clamps and the like. In 2023, Vices, clamps and the like were the world's 2301st most traded product, with a total trade of $840M. Between 2022 and 2023 the exports of Vices, clamps and the like decreased by -9.86%, from $932M to $840M. Trade in Vices, clamps and the like represent 0.0037% of total world trade.

Vices, clamps and the like are a part of Other Hand Tools.

Exports In 2023 the top exporters of Vices, clamps and the like  were China ($298M), Germany ($98.5M), United States ($88.3M), Chinese Taipei ($66.3M), and India ($29.3M).

Imports In 2023 the top importers of Vices, clamps and the like were United States ($170M), Germany ($69.5M), Canada ($58.2M), France ($35.2M), and United Kingdom ($29M).

Ranking Vices, clamps and the like ranks 836th in the Product Complexity Index (PCI).

Description Clamps, vices and other devices are used to hold objects in a fixed position. Clamps are often used to hold objects in a fixed position while they are being glued together.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vices, clamps and the like. 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$298M
Top Destination (2023)United States$170M

In 2023 Vices, clamps and the like were the world's 2301st most traded product (out of 4,644).

In 2023, the top exporters of Vices, clamps and the like were China ($298M), Germany ($98.5M), United States ($88.3M), Chinese Taipei ($66.3M), and India ($29.3M).

In 2023, the top importers of Vices, clamps and the like were United States ($170M), Germany ($69.5M), Canada ($58.2M), France ($35.2M), and United Kingdom ($29M).

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Exporters of Vices, clamps and the like (2023)
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Importers of Vices, clamps and the like (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$8.79M
Top Destination Growth (2022 -  2023)Mexico$8.04M

Between 2022 and 2023, the exports of Vices, clamps and the like grew the fastest in United States ($8.79M), Malaysia ($4.47M), France ($3.46M), Poland ($3.08M), and Italy ($2.9M).

Between 2022 and 2023, the fastest growing importers of Vices, clamps and the like were Mexico ($8.04M), Philippines ($4.31M), Russia ($4.14M), Brunei ($2.7M), and Ukraine ($2.65M).

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Exporters of Vices, clamps and the like (2022 - 2023)

Importers of Vices, clamps and the like (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vices, clamps and the like.

In 2023, market concentration measured using Shannon Entropy, was 3.71. This means that most of the exports of Vices, clamps and the like are explained by 13 countries.

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Value of Exports in Vices, clamps and the like

Net Trade

TOP NET EXPORTER (2023)China$292M
TOP NET IMPORTER (2023)United States$82.1M

This map shows which countries export or import more of Vices, clamps and the like. Each country is colored based on the difference in exports and imports of Vices, clamps and the like during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vices, clamps and the like were China ($292M), Chinese Taipei ($62.2M), Germany ($29M), India ($20.5M), and Italy ($14.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Vices, clamps and the like were United States ($82.1M), Canada ($43.7M), Mexico ($24.8M), France ($20.9M), and Thailand ($19.6M).

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 Vices, clamps and the like.
It is possible to select the main countries that export or import Vices, clamps and the like in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vices, clamps and the like 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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