NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $1.21BWorld Rnk 1 / 196
Flag Rnk 378 / 1215
2023
Destination $27.2M United States
2022 - 2023
FASTEST GROWING MARKET $27.2MRussia
2023
PRODUCT COMPLEXITY IN Wrenches1.5Rnk 44 / 1025
2023
Imports $102MWorld Rnk 10 / 221
Flag Rnk 631 / 1214
2023
Origin $2.91M Chinese Taipei
2022 - 2023
FASTEST GROWING ORIGIN $2.91MVietnam
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $1.21B in Wrenches, making it the 1st largest exporter of Wrenches in the world. At the same year, Wrenches was the 378th most exported product in China. The main destination of Wrenches exports from China are: United States ($225M), Russia ($74.2M), Germany ($62M), Poland ($56.3M), and United Kingdom ($49.8M).

The fastest growing export markets for Wrenches of China between 2022 and 2023 were Russia ($27.2M), Vietnam ($9.62M), and Greece ($8.66M).

Imports In 2023, China imported $102M in Wrenches, becoming the 10th largest importer of Wrenches in the world. At the same year, Wrenches was the 631st most imported product in China. China imports Wrenches primarily from: Chinese Taipei ($54.2M), Germany ($12.1M), Vietnam ($8.22M), Japan ($7.52M), and United States ($6.64M).

The fastest growing import markets in Wrenches for China between 2022 and 2023 were Vietnam ($2.91M), Switzerland ($1.13M), and Netherlands ($1.02M).

COMPANIES In 2024, leading companies such as CrimsonLogic (1.24k), Amazon (268), and Volvo (213) were at the forefront of shipping Wrenches from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Wrenches exports accounted up to $158M and imports accounted up to $10.4M, resulting in a positive trade balance of $148M. Between December 2023 and December 2024 the exports of China's   Wrenches have increased by $36.9M (30.3%) from $122M to $158M, while imports increased by $1.73M (19.9%) from $8.69M to $10.4M.

Destinations In December 2024, Wrenches were exported mostly to United States ($42.4M), Russia ($7.99M), Vietnam ($6.62M), Mexico ($5.41M), and Germany ($4.81M), and were imported mostly from Chinese Taipei ($5.54M), Vietnam ($1.1M), Germany ($687k), Japan ($584k), and United States ($499k).

Growth In December 2024, the increase in Wrenches's year-by-year exports was explained primarily by an increase in exports to United States ($6.56M or 25.6%), Russia ($3.41M or 76.6%), and Vietnam ($2.43M or 116%). In December 2024, the increase in Wrenches's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($1.18M or 34.3%), Vietnam ($891k or 1.59k%), and Japan ($227k or 54.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$36.9M(30.3%)
IMPORT GROWTH (December 2023 - December 2024)$1.73M(19.9%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United States$42.4M

This section shows Wrenches's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Wrenches over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.21B
IMPORTS (2023)$102M
NET TRADE (2023)$1.11B

In 2023, China exported $1.21B in Wrenches. The main destinations of China exports on Wrenches were United States ($225M), Russia ($74.2M), Germany ($62M), Poland ($56.3M), and United Kingdom ($49.8M).

In 2023, China imported $102M in Wrenches, mainly from Chinese Taipei ($54.2M), Germany ($12.1M), Vietnam ($8.22M), Japan ($7.52M), and United States ($6.64M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$27.2M (57.9%)
Vietnam$9.62M (32.3%)
Greece$8.66M (247%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY China WERE (2022 - 2023):
United States-$52.2M (-18.8%)
Germany-$24.2M (-28.1%)
Netherlands-$15M (-39%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Wrenches were:
Chinese Taipei $1.01B
Germany $332M
In 2023, China's main importing competitors in Wrenches were:
United States $778M
Germany $289M
France $156M

Explore Visualizations

Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $15M
TOP IMPORT POTENTIALIndia+ $3.33M

Wrenches’s highest export potential is India. With an export gap of $15M.   Wrenches’s highest import potential is India with an import gap of $3.33M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms