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846792 (Harmonized System 1992 for 6-digit)

2022
World Trade $592MRnk 2756 / 4648
2022
Top Exporter | Top Importer $123M | $122MChina | United States
2022
Product Complexity 1.33Rnk 326 / 4653
2021 - 2022
Export Growth (CAGR) -3.69%Rnk 3441 / 4648
2022
Share of World Trade 0.0025%Rnk 2756 / 4648

About

Overview This page contains the latest trade data of Pneumatic hand tool parts. In 2022, Pneumatic hand tool parts were the world's 2756th most traded product, with a total trade of $592M. Between 2021 and 2022 the exports of Pneumatic hand tool parts decreased by -3.69%, from $615M to $592M. Trade in Pneumatic hand tool parts represent 0.0025% of total world trade.

Pneumatic hand tool parts are a part of Motor-working Tools.

Exports In 2022 the top exporters of Pneumatic hand tool parts  were China ($123M), Chinese Taipei ($109M), United States ($69.5M), Germany ($36.9M), and Japan ($27M).

Imports In 2022 the top importers of Pneumatic hand tool parts were United States ($122M), Germany ($43.7M), Chinese Taipei ($28.6M), China ($27M), and Japan ($26.8M).

Ranking Pneumatic hand tool parts ranks 326th in the Product Complexity Index (PCI).

Description Pneumatic Hand Tool Parts are used for the pneumatic tools. They are also used for many other tools that use air. They are used in the assembly and repair of pneumatic and hydraulic tools, including tools used in metal and plastic fabrication.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Pneumatic hand tool parts. 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 (2022)China$123M
Top Destination (2022)United States$122M

In 2022 Pneumatic hand tool parts were the world's 2756th most traded product (out of 4,648).

In 2022, the top exporters of Pneumatic hand tool parts were China ($123M), Chinese Taipei ($109M), United States ($69.5M), Germany ($36.9M), and Japan ($27M).

In 2022, the top importers of Pneumatic hand tool parts were United States ($122M), Germany ($43.7M), Chinese Taipei ($28.6M), China ($27M), and Japan ($26.8M).

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Exporters of Pneumatic hand tool parts (2022)
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Importers of Pneumatic hand tool parts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$9.55M
Top Destination Growth (2021 -  2022)United States$9.68M

Between 2021 and 2022, the exports of Pneumatic hand tool parts grew the fastest in United States ($9.55M), Thailand ($7.53M), Chinese Taipei ($2.22M), France ($2.04M), and India ($1.9M).

Between 2021 and 2022, the fastest growing importers of Pneumatic hand tool parts were United States ($9.68M), Mexico ($3.89M), Vietnam ($3.53M), China ($2.33M), and Canada ($2.19M).

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Exporters of Pneumatic hand tool parts (2021 - 2022)

Importers of Pneumatic hand tool parts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pneumatic hand tool parts.

In 2022, market concentration measured using Shannon Entropy, was 4.07. This means that most of the exports of Pneumatic hand tool parts are explained by 16 countries.

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Value of Exports in Pneumatic hand tool parts

Net Trade

TOP NET EXPORTER (2022)China$95.8M
TOP NET IMPORTER (2022)United States$52.7M

This map shows which countries export or import more of Pneumatic hand tool parts. Each country is colored based on the difference in exports and imports of Pneumatic hand tool parts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Pneumatic hand tool parts were China ($95.8M), Chinese Taipei ($80.9M), Sweden ($9.5M), Italy ($7.06M), and Switzerland ($6.54M).

In 2022, the countries that had a largest trade value in imports than in exports of Pneumatic hand tool parts were United States ($52.7M), Mexico ($14M), France ($10.2M), United Kingdom ($9.66M), and Malaysia ($9.2M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Pneumatic hand tool parts.
It is possible to select the main countries that export or import Pneumatic hand tool parts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Pneumatic hand tool parts 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 (2022)

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