2023
Exports
$81.6MWorld Rnk 7 / 196
Flag Rnk 256 / 1211
2023
PRODUCT COMPLEXITY IN Hand Tools
0.76Rnk 262 / 1025
2023
Imports
$33.6MWorld Rnk 24 / 220
Flag Rnk 587 / 1212
2023
ECONOMIC COMPLEXITY of Switzerland
1.96Rnk 3 / 132

About

Exports In 2023, Switzerland exported $81.6M in Hand Tools, making it the 7th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 256th most exported product in Switzerland. The main destination of Hand Tools exports from Switzerland are: Germany ($21.1M), United States ($16.5M), Netherlands ($3.66M), United Kingdom ($3.48M), and Mexico ($3.21M).

The fastest growing export markets for Hand Tools of Switzerland between 2022 and 2023 were Belgium ($1.53M), China ($913k), and France ($758k).

Imports In 2023, Switzerland imported $33.6M in Hand Tools, becoming the 24th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 587th most imported product in Switzerland. Switzerland imports Hand Tools primarily from: Germany ($17.8M), China ($5.13M), Italy ($2.59M), United States ($1.87M), and Chinese Taipei ($1.48M).

The fastest growing import markets in Hand Tools for Switzerland between 2022 and 2023 were Italy ($905k), Germany ($860k), and Spain ($391k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hand Tools. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$81.6M
IMPORTS (2023)$33.6M
NET TRADE (2023)$48M

In 2023, Switzerland exported $81.6M in Hand Tools. The main destinations of Switzerland exports on Hand Tools were Germany ($21.1M), United States ($16.5M), Netherlands ($3.66M), United Kingdom ($3.48M), and Mexico ($3.21M).

In 2023, Switzerland imported $33.6M in Hand Tools, mainly from Germany ($17.8M), China ($5.13M), Italy ($2.59M), United States ($1.87M), and Chinese Taipei ($1.48M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Switzerland WERE (2022 - 2023):
Belgium$1.53M (124%)
China$913k (74.6%)
France$758k (32.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Switzerland WERE (2022 - 2023):
Vietnam-$642k (-71.4%)
Singapore-$603k (-28.2%)
Japan-$602k (-20.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Switzerland's main exporting competitors in Hand Tools were:
In 2023, Switzerland's main importing competitors in Hand Tools were:

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.95M
TOP IMPORT POTENTIALChina+ $1.99M

Hand Tools’s highest export potential is Germany. With an export gap of $2.95M.   Hand Tools’s highest import potential is China with an import gap of $1.99M.

See methodology.

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