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820551 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.58BRnk 1638 / 4644
2023
Top Exporter | Top Importer $1.13B | $224MChina | United States
2023
Product Complexity 0.41Rnk 1832 / 4656
2022 - 2023
Export Growth (CAGR) 9.49%Rnk 711 / 4644
2023
Share of World Trade 0.007%Rnk 1638 / 4644

About

Overview This page contains the latest trade data of Cork screws, nut-crackers and other household tools. In 2023, Cork screws, nut-crackers and other household tools were the world's 1638th most traded product, with a total trade of $1.58B. Between 2022 and 2023 the exports of Cork screws, nut-crackers and other household tools grew by 9.49%, from $1.44B to $1.58B. Trade in Cork screws, nut-crackers and other household tools represent 0.007% of total world trade.

Cork screws, nut-crackers and other household tools are a part of Other Hand Tools.

Exports In 2023 the top exporters of Cork screws, nut-crackers and other household tools  were China ($1.13B), Germany ($101M), United States ($50.9M), Netherlands ($27.8M), and France ($24.2M).

Imports In 2023 the top importers of Cork screws, nut-crackers and other household tools were United States ($224M), Germany ($117M), Malaysia ($108M), Spain ($69.6M), and United Kingdom ($64.3M).

Ranking Cork screws, nut-crackers and other household tools ranks 1832nd in the Product Complexity Index (PCI).

Description Cork screws are used to extract the cork from the bottle of wine and to remove the top of the wine bottle. Nut-crackers are used to open up the nuts in the jar.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cork screws, nut-crackers and other household tools. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$1.13B
Top Destination (2023)United States$224M

In 2023 Cork screws, nut-crackers and other household tools were the world's 1638th most traded product (out of 4,644).

In 2023, the top exporters of Cork screws, nut-crackers and other household tools were China ($1.13B), Germany ($101M), United States ($50.9M), Netherlands ($27.8M), and France ($24.2M).

In 2023, the top importers of Cork screws, nut-crackers and other household tools were United States ($224M), Germany ($117M), Malaysia ($108M), Spain ($69.6M), and United Kingdom ($64.3M).

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Exporters of Cork screws, nut-crackers and other household tools (2023)
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Importers of Cork screws, nut-crackers and other household tools (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$166M
Top Destination Growth (2022 -  2023)Malaysia$57.1M

Between 2022 and 2023, the exports of Cork screws, nut-crackers and other household tools grew the fastest in China ($166M), United States ($3.88M), Bulgaria ($2.77M), United Arab Emirates ($2.73M), and Spain ($1.83M).

Between 2022 and 2023, the fastest growing importers of Cork screws, nut-crackers and other household tools were Malaysia ($57.1M), Vietnam ($28M), United Kingdom ($27.4M), India ($21.1M), and South Korea ($20M).

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Exporters of Cork screws, nut-crackers and other household tools (2022 - 2023)

Importers of Cork screws, nut-crackers and other household tools (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cork screws, nut-crackers and other household tools.

In 2023, market concentration measured using Shannon Entropy, was 2.12. This means that most of the exports of Cork screws, nut-crackers and other household tools are explained by 4 countries.

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Value of Exports in Cork screws, nut-crackers and other household tools

Net Trade

TOP NET EXPORTER (2023)China$1.13B
TOP NET IMPORTER (2023)United States$173M

This map shows which countries export or import more of Cork screws, nut-crackers and other household tools. Each country is colored based on the difference in exports and imports of Cork screws, nut-crackers and other household tools during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cork screws, nut-crackers and other household tools were China ($1.13B), Chinese Taipei ($19.1M), Bulgaria ($5.99M), Guyana ($240k), and Tanzania ($63.5k).

In 2023, the countries that had a largest trade value in imports than in exports of Cork screws, nut-crackers and other household tools were United States ($173M), Malaysia ($106M), United Kingdom ($56.2M), Spain ($48.5M), and Russia ($39.2M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Cork screws, nut-crackers and other household tools.
It is possible to select the main countries that export or import Cork screws, nut-crackers and other household tools in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cork screws, nut-crackers and other household tools by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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