Overview This page contains the latest trade data of Wrenches. In 2020, Wrenches were the world's 615th most traded product, with a total trade of $2.97B. Between 2019 and 2020 the exports of Wrenches decreased by -7.04%, from $3.2B to $2.97B. Trade in Wrenches represent 0.018% of total world trade.
Wrenches are a part of Tools & cutlery. They include Wrenches, hand-operated, with non-adjustable jaws, Wrench sockets, ratchet handles, extensions, spinners, and Wrenches, hand-operated, with adjustable jaws.
Exports In 2020 the top exporters of Wrenches were China ($954M), Chinese Taipei ($766M), Germany ($295M), United States ($184M), and India ($132M).
Imports In 2020 the top importers of Wrenches were United States ($640M), Germany ($248M), China ($119M), France ($116M), and United Kingdom ($107M).
Tariffs In 2018 the average tariff for Wrenches was 10.2%, making it the 407th lowest tariff using the HS4 product classification.
Ranking Wrenches ranks 36th in the Product Complexity Index (PCI).
Description Hand-operated spanners and wrenches are used to tighten or loosen bolts, nuts, screws, etc. They can be made from a variety of materials, including steel, aluminum, brass, and plastic.