2023
Exports
$448MWorld Rnk 2 / 196
Flag Rnk 425 / 1215
2023
PRODUCT COMPLEXITY IN Hand Tools
0.76Rnk 262 / 1025
2023
Imports
$204MWorld Rnk 2 / 220
Flag Rnk 585 / 1215
2023
ECONOMIC COMPLEXITY of Germany
1.79Rnk 5 / 132

About

Exports In 2023, Germany exported $448M in Hand Tools, making it the 2nd largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 425th most exported product in Germany. The main destination of Hand Tools exports from Germany are: France ($44.6M), United States ($40.7M), Poland ($34.5M), Netherlands ($33.1M), and Austria ($24.2M).

The fastest growing export markets for Hand Tools of Germany between 2022 and 2023 were France ($6.47M), Poland ($4.79M), and Netherlands ($4.09M).

Imports In 2023, Germany imported $204M in Hand Tools, becoming the 2nd largest importer of Hand Tools in the world. At the same year, Hand Tools was the 585th most imported product in Germany. Germany imports Hand Tools primarily from: China ($51.8M), United States ($22.9M), Switzerland ($21.1M), Chinese Taipei ($19.8M), and Spain ($9.9M).

The fastest growing import markets in Hand Tools for Germany between 2022 and 2023 were United States ($3.68M), Japan ($1.96M), and France ($1.49M).

COMPANIES In 2023, leading companies such as Hilti Power Tools (141), Stihl (3), and Trumpf (1) were at the forefront of shipping Hand Tools from Germany to the United States.

Latest Trends

Dec 2024

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)$448M
IMPORTS (2023)$204M
NET TRADE (2023)$244M

In 2023, Germany exported $448M in Hand Tools. The main destinations of Germany exports on Hand Tools were France ($44.6M), United States ($40.7M), Poland ($34.5M), Netherlands ($33.1M), and Austria ($24.2M).

In 2023, Germany imported $204M in Hand Tools, mainly from China ($51.8M), United States ($22.9M), Switzerland ($21.1M), Chinese Taipei ($19.8M), and Spain ($9.9M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Germany WERE (2022 - 2023):
France$6.47M (17%)
Poland$4.79M (16.1%)
Netherlands$4.09M (14.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Germany WERE (2022 - 2023):
United States-$2.34M (-5.45%)
Sweden-$2.19M (-15%)
Australia-$1.58M (-15.1%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2023, Germany's main exporting competitors in Hand Tools were:
In 2023, Germany'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 POTENTIALFrance+ $6.98M
TOP IMPORT POTENTIALChina+ $5.62M

Hand Tools’s highest export potential is France. With an export gap of $6.98M.   Hand Tools’s highest import potential is China with an import gap of $5.62M.

See methodology.

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