2022
Exports
$462MWorld Rnk 2 / 203
Flag Rnk 437 / 1216
2022
PRODUCT COMPLEXITY IN Hand Tools
0.83Rnk 235 / 1025
2022
Imports
$197MWorld Rnk 2 / 220
Flag Rnk 640 / 1215
2022
ECONOMIC COMPLEXITY of Germany
1.78Rnk 5 / 133

About

Exports In 2022, Germany exported $462M in Hand Tools, making it the 2nd largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 437th most exported product in Germany. The main destination of Hand Tools exports from Germany are: United States ($58.4M), France ($42.4M), Poland ($32.1M), Netherlands ($29.6M), and Austria ($28.8M).

The fastest growing export markets for Hand Tools of Germany between 2021 and 2022 were United States ($14.2M), United Arab Emirates ($1.44M), and Spain ($794k).

Imports In 2022, Germany imported $197M in Hand Tools, becoming the 2nd largest importer of Hand Tools in the world. At the same year, Hand Tools was the 640th most imported product in Germany. Germany imports Hand Tools primarily from: China ($52.3M), Chinese Taipei ($16.4M), Switzerland ($15.4M), Netherlands ($14.5M), and Poland ($13.2M).

The fastest growing import markets in Hand Tools for Germany between 2021 and 2022 were China ($7.52M), Chinese Taipei ($1.78M), and United States ($474k).

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

Oct 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 (2022)$462M
IMPORTS (2022)$197M
NET TRADE (2022)$265M

In 2022, Germany exported $462M in Hand Tools. The main destinations of Germany exports on Hand Tools were United States ($58.4M), France ($42.4M), Poland ($32.1M), Netherlands ($29.6M), and Austria ($28.8M).

In 2022, Germany imported $197M in Hand Tools, mainly from China ($52.3M), Chinese Taipei ($16.4M), Switzerland ($15.4M), Netherlands ($14.5M), and Poland ($13.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Germany WERE (2021 - 2022):
United States$14.2M (32.3%)
United Arab Emirates$1.44M (63.8%)
Spain$794k (5.24%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Germany WERE (2021 - 2022):
Russia-$7.87M (-71%)
Poland-$6.6M (-17.1%)
Czechia-$2.99M (-16%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Germany's main exporting competitors in Hand Tools were:
In 2022, 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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