2023
Exports
$61.5MWorld Rnk 10 / 196
Flag Rnk 624 / 1216
2023
PRODUCT COMPLEXITY IN Wrenches
1.5Rnk 44 / 1025
2023
Imports
$116MWorld Rnk 8 / 221
Flag Rnk 557 / 1214
2023
ECONOMIC COMPLEXITY of Netherlands
1.08Rnk 26 / 132

About

Exports In 2023, Netherlands exported $61.5M in Wrenches, making it the 10th largest exporter of Wrenches in the world. At the same year, Wrenches was the 624th most exported product in Netherlands. The main destination of Wrenches exports from Netherlands are: Belgium ($9.77M), France ($9.56M), Germany ($7.87M), Sweden ($7.31M), and Denmark ($5.12M).

The fastest growing export markets for Wrenches of Netherlands between 2022 and 2023 were France ($3.1M), Belgium ($2.2M), and Spain ($1.82M).

Imports In 2023, Netherlands imported $116M in Wrenches, becoming the 8th largest importer of Wrenches in the world. At the same year, Wrenches was the 557th most imported product in Netherlands. Netherlands imports Wrenches primarily from: Chinese Taipei ($28M), China ($23.4M), Germany ($18.7M), Spain ($16M), and France ($5.79M).

The fastest growing import markets in Wrenches for Netherlands between 2022 and 2023 were Germany ($3.27M), France ($869k), and United States ($615k).

COMPANIES In 2023, leading companies such as Amazon (4), Mercedes-Benz (4), and Apex Tool Group (1) were at the forefront of shipping Wrenches from Netherlands to the United States.

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 Wrenches. 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)$61.5M
IMPORTS (2023)$116M
NET TRADE (2023)-$55M

In 2023, Netherlands exported $61.5M in Wrenches. The main destinations of Netherlands exports on Wrenches were Belgium ($9.77M), France ($9.56M), Germany ($7.87M), Sweden ($7.31M), and Denmark ($5.12M).

In 2023, Netherlands imported $116M in Wrenches, mainly from Chinese Taipei ($28M), China ($23.4M), Germany ($18.7M), Spain ($16M), and France ($5.79M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Netherlands WERE (2022 - 2023):
France$3.1M (47.9%)
Belgium$2.2M (29%)
Spain$1.82M (201%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Netherlands WERE (2022 - 2023):
Kenya-$3M (-99.8%)
Germany-$908k (-10.3%)
Argentina-$828k (-98.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Netherlands's main exporting competitors in Wrenches were:
In 2023, Netherlands's main importing competitors in Wrenches were:

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.82M
TOP IMPORT POTENTIALGermany+ $5.65M

Wrenches’s highest export potential is Germany. With an export gap of $2.82M.   Wrenches’s highest import potential is Germany with an import gap of $5.65M.

See methodology.

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