Exports In 2022, Vietnam exported $68M in Hand Tools, making it the 8th largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 361st most exported product in Vietnam. The main destination of Hand Tools exports from Vietnam are: United States ($40.2M), Germany ($6.45M), Chinese Taipei ($5.28M), China ($4.14M), and Japan ($3.87M).
The fastest growing export markets for Hand Tools of Vietnam between 2021 and 2022 were United States ($19.1M), Canada ($1.33M), and Turkey ($744k).
Imports In 2022, Vietnam imported $32.7M in Hand Tools, becoming the 24th largest importer of Hand Tools in the world. At the same year, Hand Tools was the 636th most imported product in Vietnam. Vietnam imports Hand Tools primarily from: China ($26.3M), Singapore ($1.48M), Chinese Taipei ($1.37M), Japan ($978k), and Switzerland ($702k).
The fastest growing import markets in Hand Tools for Vietnam between 2021 and 2022 were China ($5.19M), Switzerland ($242k), and Thailand ($164k).
COMPANIES In 2023, leading companies such as Apex Tool Group (10), REI (Recreational Equipment Incorporated) (6), and Stanley Black & Decker (6) were at the forefront of shipping Hand Tools from Vietnam to the United States.