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

820590 (Harmonized System 1992 for 6-digit)

2023
World Trade $393MRnk 3081 / 4644
2023
Top Exporter | Top Importer $111M | $22.8MChina | Germany
2023
Product Complexity 0.2Rnk 2202 / 4656
2022 - 2023
Export Growth (CAGR) -1.8%Rnk 1736 / 4644
2023
Share of World Trade 0.0017%Rnk 3081 / 4644

About

Overview This page contains the latest trade data of Sets of hand tools. In 2023, Sets of hand tools were the world's 3081st most traded product, with a total trade of $393M. Between 2022 and 2023 the exports of Sets of hand tools decreased by -1.8%, from $400M to $393M. Trade in Sets of hand tools represent 0.0017% of total world trade.

Sets of hand tools are a part of Other Hand Tools.

Exports In 2023 the top exporters of Sets of hand tools  were China ($111M), United States ($37M), Germany ($33.8M), Chinese Taipei ($19.4M), and France ($16.3M).

Imports In 2023 the top importers of Sets of hand tools were Germany ($22.8M), Saudi Arabia ($20.7M), United States ($15.2M), Netherlands ($14.5M), and France ($13.3M).

Ranking Sets of hand tools ranks 2202nd in the Product Complexity Index (PCI).

Description A set of hand tools consists of a hammer, wrench, screwdriver, drill, and saw. They are used for basic household tasks such as hanging pictures, tightening a loose screw, or assembling a piece of furniture.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Sets of hand 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.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)China$111M
Top Destination (2023)Germany$22.8M

In 2023 Sets of hand tools were the world's 3081st most traded product (out of 4,644).

In 2023, the top exporters of Sets of hand tools were China ($111M), United States ($37M), Germany ($33.8M), Chinese Taipei ($19.4M), and France ($16.3M).

In 2023, the top importers of Sets of hand tools were Germany ($22.8M), Saudi Arabia ($20.7M), United States ($15.2M), Netherlands ($14.5M), and France ($13.3M).

Explore Visualizations

Exporters of Sets of hand tools (2023)
[Click to Select a Country]

Importers of Sets of hand tools (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$9.7M
Top Destination Growth (2022 -  2023)Uruguay$11.9M

Between 2022 and 2023, the exports of Sets of hand tools grew the fastest in China ($9.7M), Australia ($4.28M), United Kingdom ($3.98M), Saudi Arabia ($3.89M), and Singapore ($1.81M).

Between 2022 and 2023, the fastest growing importers of Sets of hand tools were Uruguay ($11.9M), Vietnam ($5.44M), Netherlands ($4.96M), Turkey ($3M), and United Arab Emirates ($2.94M).

Explore Visualizations

Exporters of Sets of hand tools (2022 - 2023)

Importers of Sets of hand tools (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sets of hand tools.

In 2023, market concentration measured using Shannon Entropy, was 4.41. This means that most of the exports of Sets of hand tools are explained by 21 countries.

Explore Visualizations

Value of Exports in Sets of hand tools

Net Trade

TOP NET EXPORTER (2023)China$103M
TOP NET IMPORTER (2023)Uruguay$12.2M

This map shows which countries export or import more of Sets of hand tools. Each country is colored based on the difference in exports and imports of Sets of hand tools during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sets of hand tools were China ($103M), United States ($21.8M), Chinese Taipei ($16.7M), Germany ($11M), and Bahamas ($5.29M).

In 2023, the countries that had a largest trade value in imports than in exports of Sets of hand tools were Uruguay ($12.2M), Vietnam ($8.2M), Indonesia ($7.09M), Netherlands ($6.66M), and Saudi Arabia ($6.65M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Sets of hand 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)

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