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2022
Exports $1.22MWorld Rnk 52 / 203
Flag Rnk 627 / 1195
2022
Destination $62.6k Latvia
2021 - 2022
FASTEST GROWING MARKET $62.6kRussia
2022
PRODUCT COMPLEXITY IN Hand Tools0.83Rnk 235 / 1025
2022
Imports $4.87MWorld Rnk 70 / 220
Flag Rnk 551 / 1201
2022
Origin $107k Germany
2021 - 2022
FASTEST GROWING ORIGIN $107kPoland

About

Exports In 2022, Estonia exported $1.22M in Hand Tools, making it the 52nd largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 627th most exported product in Estonia. The main destination of Hand Tools exports from Estonia are: Latvia ($283k), Lithuania ($248k), Russia ($202k), Ukraine ($185k), and Sweden ($79.3k).

The fastest growing export markets for Hand Tools of Estonia between 2021 and 2022 were Russia ($62.6k), Georgia ($43.5k), and Sweden ($36.5k).

Imports In 2022, Estonia imported $4.87M in Hand Tools, becoming the 70th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 551st most imported product in Estonia. Estonia imports Hand Tools primarily from: Germany ($1.72M), China ($672k), Poland ($361k), Finland ($298k), and Netherlands ($252k).

The fastest growing import markets in Hand Tools for Estonia between 2021 and 2022 were Poland ($107k), Greece ($64.3k), and Portugal ($61.4k).

COMPANIES In 2023, leading companies such as Hilti Power Tools (1) were at the forefront of shipping Hand Tools from Estonia 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)$1.22M
IMPORTS (2022)$4.87M
NET TRADE (2022)-$3.65M

In 2022, Estonia exported $1.22M in Hand Tools. The main destinations of Estonia exports on Hand Tools were Latvia ($283k), Lithuania ($248k), Russia ($202k), Ukraine ($185k), and Sweden ($79.3k).

In 2022, Estonia imported $4.87M in Hand Tools, mainly from Germany ($1.72M), China ($672k), Poland ($361k), Finland ($298k), and Netherlands ($252k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Estonia WERE (2021 - 2022):
Russia$62.6k (44.8%)
Georgia$43.5k (288%)
Sweden$36.5k (85.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Estonia WERE (2021 - 2022):
Ukraine-$90.5k (-32.8%)
Denmark-$36.3k (-79.6%)
Finland-$27.2k (-47.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Estonia's main exporting competitors in Hand Tools were:
China $1.12B
Germany $462M
Chinese Taipei $202M
In 2022, Estonia's main importing competitors in Hand Tools were:
United States $552M
Germany $197M
France $121M

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Hand Tools’s highest export potential is N/A. With an export gap of N/A.   Hand Tools’s highest import potential is N/A with an import gap of N/A.

See methodology.

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