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Pricing

820411 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.78BRnk 1600 / 4648
2022
Top Exporter | Top Importer $586M | $358MChina | United States
2022
Product Complexity 1.25Rnk 431 / 4653
2021 - 2022
Export Growth (CAGR) 2.36%Rnk 2614 / 4648
2022
Share of World Trade 0.0075%Rnk 1600 / 4648

About

Overview This page contains the latest trade data of Wrenches, hand-operated, with non-adjustable jaws. In 2022, Wrenches, hand-operated, with non-adjustable jaws were the world's 1600th most traded product, with a total trade of $1.78B. Between 2021 and 2022 the exports of Wrenches, hand-operated, with non-adjustable jaws grew by 2.36%, from $1.74B to $1.78B. Trade in Wrenches, hand-operated, with non-adjustable jaws represent 0.0075% of total world trade.

Wrenches, hand-operated, with non-adjustable jaws are a part of Wrenches.

Exports In 2022 the top exporters of Wrenches, hand-operated, with non-adjustable jaws  were China ($586M), Chinese Taipei ($302M), Germany ($183M), India ($174M), and United States ($144M).

Imports In 2022 the top importers of Wrenches, hand-operated, with non-adjustable jaws were United States ($358M), Germany ($155M), France ($68.5M), Canada ($56.8M), and Poland ($52.2M).

Ranking Wrenches, hand-operated, with non-adjustable jaws ranks 431st in the Product Complexity Index (PCI).

Description The common uses of wrenches are to turn nuts and bolts, and to use as a lever to turn in a tight space. The hand-operated, non-adjustable jaws are used to turn the bolt or nut.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Wrenches, hand-operated, with non-adjustable jaws. 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 (2022)China$586M
Top Destination (2022)United States$358M

In 2022 Wrenches, hand-operated, with non-adjustable jaws were the world's 1600th most traded product (out of 4,648).

In 2022, the top exporters of Wrenches, hand-operated, with non-adjustable jaws were China ($586M), Chinese Taipei ($302M), Germany ($183M), India ($174M), and United States ($144M).

In 2022, the top importers of Wrenches, hand-operated, with non-adjustable jaws were United States ($358M), Germany ($155M), France ($68.5M), Canada ($56.8M), and Poland ($52.2M).

Explore Visualizations

Exporters of Wrenches, hand-operated, with non-adjustable jaws (2022)
[Click to Select a Country]

Importers of Wrenches, hand-operated, with non-adjustable jaws (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$33M
Top Destination Growth (2021 -  2022)United States$35.8M

Between 2021 and 2022, the exports of Wrenches, hand-operated, with non-adjustable jaws grew the fastest in China ($33M), United States ($24.1M), Vietnam ($15.4M), United Arab Emirates ($8.07M), and Mexico ($4.63M).

Between 2021 and 2022, the fastest growing importers of Wrenches, hand-operated, with non-adjustable jaws were United States ($35.8M), Indonesia ($10.9M), United Arab Emirates ($7.49M), Mexico ($7.29M), and Kyrgyzstan ($5.46M).

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Exporters of Wrenches, hand-operated, with non-adjustable jaws (2021 - 2022)

Importers of Wrenches, hand-operated, with non-adjustable jaws (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wrenches, hand-operated, with non-adjustable jaws.

In 2022, market concentration measured using Shannon Entropy, was 3.43. This means that most of the exports of Wrenches, hand-operated, with non-adjustable jaws are explained by 10 countries.

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Value of Exports in Wrenches, hand-operated, with non-adjustable jaws

Net Trade

TOP NET EXPORTER (2022)China$537M
TOP NET IMPORTER (2022)United States$214M

This map shows which countries export or import more of Wrenches, hand-operated, with non-adjustable jaws. Each country is colored based on the difference in exports and imports of Wrenches, hand-operated, with non-adjustable jaws during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wrenches, hand-operated, with non-adjustable jaws were China ($537M), Chinese Taipei ($273M), India ($155M), Germany ($27.7M), and Czechia ($5.73M).

In 2022, the countries that had a largest trade value in imports than in exports of Wrenches, hand-operated, with non-adjustable jaws were United States ($214M), Canada ($53.1M), France ($43.3M), Russia ($42.9M), and Indonesia ($33.2M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Wrenches, hand-operated, with non-adjustable jaws.
It is possible to select the main countries that export or import Wrenches, hand-operated, with non-adjustable jaws in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wrenches, hand-operated, with non-adjustable jaws 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 (2022)

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