Overview This page contains the latest trade data of Wrench sockets, ratchet handles, extensions, spinners. In 2023, Wrench sockets, ratchet handles, extensions, spinners were the world's 1708th most traded product, with a total trade of $1.46B. Between 2022 and 2023 the exports of Wrench sockets, ratchet handles, extensions, spinners decreased by -8.33%, from $1.59B to $1.46B. Trade in Wrench sockets, ratchet handles, extensions, spinners represent 0.0065% of total world trade.
Wrench sockets, ratchet handles, extensions, spinners are a part of Wrenches.
Exports In 2023 the top exporters of Wrench sockets, ratchet handles, extensions, spinners were Chinese Taipei ($585M), China ($419M), Germany ($110M), United States ($67.8M), and Netherlands ($30M).
Imports In 2023 the top importers of Wrench sockets, ratchet handles, extensions, spinners were United States ($347M), Germany ($127M), France ($64.5M), Canada ($55.8M), and Netherlands ($52.9M).
Ranking Wrench sockets, ratchet handles, extensions, spinners ranks 21st in the Product Complexity Index (PCI).
Description The common uses of wrench sockets, ratchet handles, extensions, and spinners are to provide a grip on a turning object, to turn an object, and to transfer torque. The wrench socket is inserted on the end of the ratchet handle and then screwed onto the object to be turned. The ratchet handle is then used to drive the wrench socket and turn the object. The extension is used to increase the length of the ratchet handle, so that the ratchet can be placed at a more convenient height. The spinner is used to either remove or tighten bolts or nuts.