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Tools, tool bodies, tool handles, broom or brush bodies and handles, of wood; boot or shoe lasts and trees, of wood

4417 (Harmonized System 1992 for 4-digit)

2023
World Trade $368MRnk 1086 / 1217
2023
Top Exporter | Top Importer $109M | $48.7MChina | United States
2022 - 2023
Export Growth (CAGR) -19.6%Rnk 1032 / 1217
2023
Share of World Trade 0.0016%Rnk 1086 / 1217

About

Overview This page contains the latest trade data of Wooden Tool Handles. In 2023, Wooden Tool Handles were the world's 1086th most traded product, with a total trade of $368M. Between 2022 and 2023 the exports of Wooden Tool Handles decreased by -19.6%, from $458M to $368M. Trade in Wooden Tool Handles represent 0.0016% of total world trade.

Wooden Tool Handles are a part of Wood, wood articles, & charcoal. They include Tools, broom handles,bodies, etc, of wood.

Exports In 2023 the top exporters of Wooden Tool Handles  were China ($109M), Italy ($30.3M), Germany ($19M), Brazil ($17.6M), and Poland ($16.5M).

Imports In 2023 the top importers of Wooden Tool Handles were United States ($48.7M), Germany ($31.8M), France ($27.3M), Portugal ($18.6M), and Netherlands ($13.6M).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Wooden Tool Handles. 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$109M
Top Destination (2023)United States$48.7M

In 2023 Wooden Tool Handles were the world's 1086th most traded product (out of 1,217).

In 2023, the top exporters of Wooden Tool Handles were China ($109M), Italy ($30.3M), Germany ($19M), Brazil ($17.6M), and Poland ($16.5M).

In 2023, the top importers of Wooden Tool Handles were United States ($48.7M), Germany ($31.8M), France ($27.3M), Portugal ($18.6M), and Netherlands ($13.6M).

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Exporters of Wooden Tool Handles (2023)
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Importers of Wooden Tool Handles (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Sweden$1.76M
Top Destination Growth (2022 -  2023)South Korea$5.48M

Between 2022 and 2023, the exports of Wooden Tool Handles grew the fastest in Sweden ($1.76M), India ($1.55M), Belgium ($1.31M), Spain ($1.3M), and Romania ($547k).

Between 2022 and 2023, the fastest growing importers of Wooden Tool Handles were South Korea ($5.48M), Greece ($3.61M), Netherlands ($3.04M), Saudi Arabia ($3.03M), and Portugal ($2.2M).

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Exporters of Wooden Tool Handles (2022 - 2023)

Importers of Wooden Tool Handles (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wooden Tool Handles.

In 2023, market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Wooden Tool Handles are explained by 21 countries.

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Value of Exports in Wooden Tool Handles

Net Trade

TOP NET EXPORTER (2023)China$108M
TOP NET IMPORTER (2023)United States$37.9M

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

In 2023, the countries that had a largest trade value in exports than in imports of Wooden Tool Handles were China ($108M), Italy ($22.6M), Brazil ($17M), Vietnam ($12.4M), and Poland ($11.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Wooden Tool Handles were United States ($37.9M), France ($22.5M), Germany ($12.8M), Portugal ($11.8M), and Saudi Arabia ($10.4M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Wooden Tool Handles by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $264k
TOP IMPORT POTENTIALChina+ $2.87M

Wooden Tool Handles’s highest export potential is Germany. With an export gap of $264k.  Wooden Tool Handles’s highest import potential is China with an import gap of $2.87M.

See methodology.

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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)

Country by Relatedness

The following visualization shows the relatedness of Wooden Tool Handles to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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