2023
Exports
$2.58MWorld Rnk 40 / 196
Flag Rnk 607 / 1207
2023
PRODUCT COMPLEXITY IN Hand Tools
0.76Rnk 262 / 1025
2023
Imports
$15.3MWorld Rnk 41 / 220
Flag Rnk 536 / 1213
2023
ECONOMIC COMPLEXITY of Ireland
1.31Rnk 17 / 132

About

Exports In 2023, Ireland exported $2.58M in Hand Tools, making it the 40th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 607th most exported product in Ireland. The main destination of Hand Tools exports from Ireland are: United Kingdom ($1.56M), Finland ($407k), Germany ($95.1k), Netherlands ($90.9k), and Poland ($88.5k).

The fastest growing export markets for Hand Tools of Ireland between 2022 and 2023 were United Kingdom ($1.11M), Poland ($73.8k), and Costa Rica ($48k).

Imports In 2023, Ireland imported $15.3M in Hand Tools, becoming the 41st largest importer of Hand Tools in the world. At the same year, Hand Tools was the 536th most imported product in Ireland. Ireland imports Hand Tools primarily from: China ($3.66M), Germany ($2.51M), United Kingdom ($2.32M), United States ($1.65M), and Chinese Taipei ($1.33M).

The fastest growing import markets in Hand Tools for Ireland between 2022 and 2023 were China ($1.96M), Chinese Taipei ($789k), and United States ($469k).

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)$2.58M
IMPORTS (2023)$15.3M
NET TRADE (2023)-$12.8M

In 2023, Ireland exported $2.58M in Hand Tools. The main destinations of Ireland exports on Hand Tools were United Kingdom ($1.56M), Finland ($407k), Germany ($95.1k), Netherlands ($90.9k), and Poland ($88.5k).

In 2023, Ireland imported $15.3M in Hand Tools, mainly from China ($3.66M), Germany ($2.51M), United Kingdom ($2.32M), United States ($1.65M), and Chinese Taipei ($1.33M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Ireland WERE (2022 - 2023):
United Kingdom$1.11M (249%)
Poland$73.8k (501%)
Costa Rica$48k (192k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Ireland WERE (2022 - 2023):
Singapore-$246k (-99.7%)
France-$190k (-81.7%)
Germany-$62.6k (-39.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ireland's main exporting competitors in Hand Tools were:
In 2023, Ireland'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 POTENTIALUnited States+ $306k
TOP IMPORT POTENTIALChina+ $1.06M

Hand Tools’s highest export potential is United States. With an export gap of $306k.   Hand Tools’s highest import potential is China with an import gap of $1.06M.

See methodology.

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