Industry Focus >>Fastening Hand Tool Trade
Statistics of USA, Canada, Japan,
Taiwan, Brazil in Jan-Jul 2023
2023年前七個月美加日台巴緊固工具進出口統計
Copyright owned by Fastener World / Article by Gang Hao Chang

Hardware & Fastener Components - no.60/2023

According to the latest global hand tools market analysis report published by Technavio, the global hand tools market size is expected
to grow at a CAGR of 4.36% from 2022 to 2027, and the market size is expected to increase by approximately US$2,362 million,
mainly benefiting from the huge demand for related hand tools in emerging countries, the increasing popularity of DIY activities,
and the growing construction market. Products are increasingly being designed to be more user-friendly, but power tools with
better technology and performance continue to pose many challenges to the market for hand tool applications. In the midst of this market
development, several world’s largest importers and exporters of hand tools continue to play an influential role in the global marketplace byproducing and selling hand tools. This article analyzes the supply and demand performance of the global hand tool market by comparing
the latest hand tool import and export data for the first 7 months of 2023 from major hand tool importing and exporting countries such as
the U.S., Canada, Brazil, Taiwan, and Japan with the performance for the same period of the previous year.

USA
The U.S. imported about US$1.727 billion of interchangeable hand tools (product code 8207), US$786 million of hand tools(product code 8205) and US$441 million of hand-operated wrenches (product code 8204) in the first 7 months of 2023, a decrease of
10%, 16.41% and 13.21%, respectively, from the same period in 2022. USA exported approximately US$1,208 million of interchangeable
hand tools (product code 8207), US$356 million of hand tools (product code 8205), and US$188 million of hand-operated wrenches (productcode 8204), representing decreases of 4.59%, 2.09%, and increase of 16.30%, respectively, from the same period in 2022.
Of the “8204” category, the top 3 import sources were Taiwan, China and Vietnam. Among the top 10 import sources, the largest
decline from the previous period was Mexico (-25.69%) and the largest increase was Czech Republic (44.59%). The top 3 export
destinations were Canada, Mexico and Japan. Among the top 10 export destinations, Japan recorded the largest decrease (-11.6%) and
Saudi Arabia the largest increase (130.65%) in the previous period.
Of the “8205” category, the top 3 import sources were China, Taiwan and Mexico. Among the top 10 import sources, Japan registered
the largest decline (-28.76%) and France registered the largest increase (6.63%) over the previous period. The top 3 export destinations were
Canada, Mexico and Germany. Among the top 10 export destinations, China recorded the largest decrease (-29.48%) and the Netherlands
recorded the largest increase (47.96%).
Of the “8207” caegory, the top 3 sources of imports were China, Germany and Japan. Among the top 10 sources of imports, the largest
decline from the previous period was Canada (-28%) and the largest increase was South Korea (26%). The top 3 export destinations were
Canada, Mexico and Germany. Among the top 10 export destinations, the country with the largest decrease from the previous period was
the Netherlands (-84.72%), and the country with the largest increase was Mexico (32.01%).

090 惠達雜誌Industry Focus >>(in Million USD ), in descending order according to values of 2023

◣ Import
Rank◣ Export

HS 8204 Hand-Operated Spanners & Wrenches

PartnerWorld

Jan-Jul Jan-Jul Same Period
2022
2023
ChangeRank

Partner

Jan-Jul Jan-Jul Same Period
2022
2023
Change$508$441-13.21%

$162

$188

16.30%

1

Taiwan$239$216-9.29%

1

Canada$48$59

21.33%

2

China

$151

$117

-22.07%2

Mexico$14$23

60.68%

3

Vietnam$26$26-2.24%

3

Japan

$12

$10

-11.60%

4

India

$33

$26

-22.20%

4

U.K.

$8

$10

23.86%

5

Germany$21$17-19.77%

5

Australia$10$9-6.93%$9$8-6.43%

World

6

Spain

$8

$8

1.89%

6

Germany

7

Mexico$9$7-25.69%7Singapore

$5

$5

3.40%

8

Czech

$4

$6

44.59%

8

Belgium$3$4

41.26%

9

Japan

$3

$3

-2.48%

9

Saudi Arabia$2$4

130.65%

10

Sweden$2$2-5.72%

10

Netherlands$3$424.38%HS 8205 Hand Tools, Blow Torches, Anvils
Rank

Partner

Hardware & Fastener Components - no.60/2023

World

Jan-Jul Jan-Jul Same Period
2022
2023
Change$941$786-16.41%

Rank

PartnerWorld

Jan-Jul Jan-Jul Same Period
2022
2023
Change$364$356-2.09%

Canada

$119

$122

2.90%

1

China

$412

$326

-20.98%1

2

Taiwan$248$190-23.52%2

Mexico$37$36-4.21%

3

Mexico

$42

$44

5.58%

3

Germany$16$19

20.26%

4

India

$44

$38

-13.74%

4

U.K.

$23

$19

-19.08%

5

Germany

$28

$30

3.78%

5

Australia

$16

$15

-7.46%

6

Vietnam

$28

$28

3.39%

6

Japan

$9

$10

4.07%

7

Canada

$23

$24

3.00%

7

Netherlands$6$847.96%

8

Japan

$18

$13

-28.76%

8

France

$8

$8

4.33%

9

France

$10

$10

6.63%

9

China

$10

$7

-29.48%

10

Austria$11$10-11.19%10

Belgium$6$5-19.89%HS 8207 Interchangeable Tools for Hand Tools or Machine Tools
Rank

PartnerWorld

Jan-Jul Jan-Jul Same Period
2022
2023
Change$1,919$1,727-10%

Rank

PartnerWorld

Jan-Jul Jan-Jul Same Period
2022
2023
Change$1,266$1,208-4.59%

1

China

$408

$304

-25%

1

Canada

$333

$337

1.23%

2

Germany

$282

$250

-11%

2

Mexico$248$328

32.01%

3

Japan

$299

$233

-22%

3

Germany$41$37-9.61%

4

South Korea

$143

$181

26%

4

Saudi Arabia

$30

$36

20.97%

5

Canada

$183

$132

-28%

5

U.K.

$33

$36

8.55%

6

Taiwan

$96

$80

-17%

6

China

$36

$33

-8.81%

7

Italy

$73

$65

-11%

7

Australia

$26

$25

-3.11%

8

Mexico

$59

$64

8%

8

Brazil

$22

$23

4.51%

9

India

$38

$46

21%

9

Netherlands

$141

$22

-84.72%

10

Brazil

$33

$41

24%

10

U.A.E.

$16

$17

7.09%

092 惠達雜誌

Source: U.S. ITA of Department of CommerceIndustry Focus >>CanadaIn the first 7 months of 2023, Canada imported about US$500 million of interchangeable hand tools (product code 8207),
US$171 million of hand tools (product code 8205) and US$0.84 billion of hand-operated wrenches (product code 8204),
representing a decrease of 15.65%, a decrease of 12.23%, and an increase of 10.96% over the same period of 2022, respectively.
Canada exported approximately US$225 million of interchangeable hand tools (product code 8207), US$44 million of hand tools (productcode 8205), and US$106 million of hand-operated wrenches (product code 8204), representing a decrease of 21.73%, and increases of
11.34% and 15.29%, respectively, from the same period of 2022.
Of the “8204” category, the top 3 import sources were USA, Taiwan and China. Among the top 10 import sources, the largest decline
from the previous period was India (-34.08%) and the largest increase was Czech Republic (78.46%). The top 3 export destinations
were USA, Germany and Mexico. Among the top 10 export destinations, Australia registered the largest decrease (-44.29%) and India
registered the largest increase (3,786.27%) in the previous period.
Of the “8205” category, the top 3 import sources were USA, China and Taiwan. Among the top 10 import sources, the largest decline
from the previous period was China (-31.83%) and the largest increase was Mexico (9.39%). The top 3 export destinations were USA,
Australia and Turkey. Among the top 10 export destinations, the country with the largest decrease from the same previous period was
the UK (-22.95%) and the country with the largest increase was Turkey (8,991.98%).
Of the “8207” category, the top 3 import sources were USA, China and Germany. Among the top 10 import sources, Japan recorded
the largest decline (-70.16%) over the previous period, while Germany recorded the largest increase (15.79%). The top 3 export
destinations were USA, Mexico and Australia. Among the top 10 export destinations, Brazil recorded the largest decrease (-37.55%) andGermany recorded the largest increase (656.11%) in the previous period.

◣ Export◣ Import
HS 8204 Hand-Operated Spanners & Wrenches
Rank

Partner

Hardware & Fastener Components - no.60/2023

World

Jan-Jul
2022

Jan-Jul
2023

Same Period
Change75,922,920

84,241,447

10.96

Rank

PartnerWorld

Jan-Jul
2022

Jan-Jul
2023

Same Period
Change5,245,408

6,047,405

15.29

1

USA

24,592,894

31,041,705

26.22

1

USA

3,012,603

3,756,044

24.68

2

Taiwan19,435,906

22,316,156

14.82

2

Germany

131,724

245,718

86.54

3

China

23,639,615

20,930,561-11.46

3

163,113

19.09

Germany

2,134,000

3,007,828

40.95

4

MexicoSaudi Arabia

136,969

4

40,874

131,211221.01

5

Japan

830,4091,469,035

76.9

5

Kazakhstan

23,794

126,964

433.6

6

Spain

760,920

831,395

9.26

6

Japan

14,758

113,734

670.66

7

Czech

422,320753,677

78.46

7

U.K.

101,878

101,681

-0.19

8

India

1,141,436

752,432-34.089Vietnam

463,626

721,260

55.57

8
9

Australia
India

163,306
2,244

90,971
87,208-44.293,786.27

10

U.K.

372,564

652,918

75.25

10

Chile

108,280

82,875-23.46

HS 8205 Hand Tools, Blow Torches, Anvils
Rank

Partner
World

1

USA

Jan-Jul
2022

Jan-Jul
2023

195,075,063 171,224,972

Same Period
ChangeRank

PartnerWorld-12.2363,084,364

66,223,721

4.98

1

Jan-Jul
2022

Jan-Jul
2023

Same Period
Change39,779,117

44,290,077

11.34

USA

27,406,747

27,911,207

1.84

2

China

80,280,177

54,728,188-31.83

2

Australia

1,256,340

2,719,951

116.5

3

Taiwan20,681,557

19,584,790

-5.3

3

Turkey27,6312,512,2048991.98

4

Germany

5,832,620

6,157,673

5.57

4

Germany

2,071,724

2,142,487

3.42

5

Mexico2,921,585

3,195,900

9.39

5France1,405,701

1,972,172

40.3

6France2,335,927

2,456,656

5.17

6

U.K.

1,408,319

1,085,149-22.95

7

India

2,871,208

2,395,664-16.56

7

Mexico593,607546,516

-7.93

8

Japan

2,425,661

2,016,324-16.888

Italy232,317444,581

91.37

9

Italy

2,262,831

1,614,972-28.639Hong Kong

38,843

438,5451029.02

10

U.K.

1,444,474

1,512,863

4.73

10

New Zealand

139,309338,668

143.11094 惠達雜誌Industry Focus >>HS 8207 Interchangeable Tools for Hand Tools or Machine Tools
Rank

Jan-Jul
2022

PartnerWorld

Jan-Jul
2023

Same Period
Change593,610,316 500,730,959-15.65

Rank

PartnerWorld
USA

Jan-Jul
2022

Jan-Jul
2023

Same Period
Change288,715,346 225,971,190-21.73

225,599,896 160,526,280-28.841

USA

215,821,510 221,654,224

2.7

1

2

China

163,556,433 108,965,239-33.382

Mexico11,679,392

14,372,372

23.06

Australia

4,971,765

5,919,997

19.07

3

Germany

28,153,606

32,598,443

15.79

3

4

Sweden20,597,093

21,816,607

5.92

4

Chile

3,372,529

3,713,165

10.1

5

Japan

61,714,087

18,417,817-70.16

5

U.S. Outlying Islands

3,485,137

3,558,009

2.09

6

S. Korea

18,861,857

13,337,255-29.296

Kazakhstan

3,194,989

2,764,703-13.47

7

Taiwan14,869,306

13,107,600-11.85

7

Germany

305,5092,309,995

656.118

Italy

7,643,683

6,691,652-12.46

8

Brazil

2,872,793

1,794,168-37.559

India

5,735,027

5,989,301

4.43

9

Colombia

3,496,325

1,716,642

-50.9

10

Mexico4,082,801

4,549,625

11.43

10

Finland2,011,567

1,714,126-14.79Source: Canada.ca

BrazilBrazil imported about US$134 million of interchangeable hand tools (product code 8207), US$42 million of hand tools (productcode 8205) and US$29 million of hand-operated wrenches (product code 8204) in the first 7 months of 2023, representing
increases of 1.37%, 6.22% and 0.87% over the same period of 2022, respectively. Brazil exported approximately US$78 millionof interchangeable hand tools (product code 8207), US$109 million of hand tools (product code 8205), and US$0.04 billion of handwrenches (product code 8204), representing decreases of 14.68%, 5.15%, and 13.12%, respectively, from the same period of 2022.
Of the “8204” category, the top 3 import sources were China, Taiwan and India. Among the top 10 import sources, India recorded
the largest decline (-13.29%) from the previous period and the UK recorded the largest increase (135.48%). The top 3 export destinations
were Paraguay, Bolivia and Argentina. Among the top 10 export destinations, South Africa (56.71%) recorded the largest decrease and
Uruguay recorded the largest increase (47.15%) from the previous same period of 2022.
Of the “8205” category, the top 3 import sources were China, Germany and USA. Among the top 10 import sources, the largest
decline from the previous period was India (-24.07%) and the largest increase was Sweden (93.64%). The top 3 export destinations were
Paraguay, Peru and Bolivia. Among the top 10 export destinations, Peru experienced the largest decline (-15.08%) from the previous same
period and Venezuela experienced the largest increase (3,768.84%).

◣ Import
Rank

CountryWorld

HS 8204 Hand-Operated Spanners & Wrenches
Jan-Jul 2022
(kg)

Jan-Jul 2023
(kg)

Jan-Jul 2022
(USD)

Jan-Jul 2023
(USD)

Same Period
Change (USD)

6,496,738

6,444,044

29,112,769

29,365,077

0.87%

1

China

3,872,567

3,799,407

14,821,553

13,891,323-6.28%

2

Taiwan416,012587,720

3,865,758

5,687,784

47.13%

3India

1,598,936

1,348,942

6,109,428

5,297,487-13.29%4

USA

17,445

18,211

925,960

934,0620.87%

5Germany

50,97554,692

714,266

828,047

15.93%

6

Italy

97,264

110,633

547,412633,820

15.78%

7Japan

275,853

383,336

323,924

365,54212.85%

8

France

8,194

2,724

261,027

339,81230.18%

9

Netherlands

26,63025,525

184,477

191,498

3.81%

10

U.K.

2,299

1,284

75,469177,718135.48%
惠達雜誌

Hardware & Fastener Components - no60/2023

Of the “8207” category, the top 3 import sources were USA, Mexico and the Netherlands. Among the top 10 import sources, S. Korea
registered the largest decline (-72.06%) over the previous same period, while Italy registered the largest increase (76.97%). The top 3
export destinations were Canada, Mexico and Germany. Among the top 10 export destinations, the largest decrease in the previous same
period was the Netherlands (-31.47%), while the largest increase was Mexico (168.62%).

095

Industry Focus >>HS 8205 Hand Tools, Blow Torches, Anvils
Rank

Country /RegionWorld

Jan-Jul 2022
(kg)

Jan-Jul 2023
(kg)

Jan-Jul 2022
(USD)

Jan-Jul 2023
(USD)

Same Period
Change (USD)

8,124,374

8,897,552

40,357,730

42,868,044

6.22%

1

China

7,145,571

7,969,243

24,222,976

24,828,117

2.50%

2

Germany

57,08358,7412,583,835

3,179,911

23.07%

3

USA

43,18744,9102,988,892

3,098,611

3.67%

4

Taiwan145,127

189,752

1,780,607

2,037,053

14.40%

5

France

5,634

6,604

1,348,431

1,296,416-3.86%

6

Sweden38,59442,573

579,424

1,121,999

93.64%

7

Italy

15,870

16,247

461,779859,206

86.06%

8India

328,373

227,909940,949

714,451-24.07%

9Hong Kong

141,233

183,742

411,376

639,341

55.42%

10

U.K.

2,764

7,698

699,487

624,686-10.69%HS 8207 Interchangeable Tools for Hand Tools or Machine Tools
Rank

Jan-Jul 2022
(kg)

Jan-Jul 2023
(kg)

Jan-Jul 2022
(USD)

Jan-Jul 2023
(USD)

Same Period
Change (USD)

8,258,025

7,948,190

132,545,071

134,358,526

1.37%

China

5,454,831

5,713,010

46,051,580

47,885,510

3.98%Country
World

1
2

USA

184,746

228,993

13,634,208

17,175,877

25.98%

3

Germany

159,113

101,551

12,747,171

12,626,931-0.94%

4

Sweden597,314452,445

9,192,904

11,132,999

21.10%

5

Italy

81,101

114,577

2,848,029

5,040,163

76.97%

6

Japan

58,34044,2834,174,453

4,530,293

8.52%

7

Taiwan78,96599,743

4,138,862

4,142,762

0.09%

8

South Korea

1,059,993

468,314

14,663,455

4,097,307-72.06%

9

India

60,019105,241

3,188,556

3,421,919

7.32%

10

Mexico56,10456,7703,094,370

3,285,837

6.19%

Hardware & Fastener Components - no.60/2023◣ Export
HS 8204 Hand-Operated Spanners & Wrenches
Rank

CountryWorld

Jan-Jul 2022
(kg)

Jan-Jul 2023
(kg)

Jan-Jul 2022
(USD)

Jan-Jul 2023
(USD)

Same Period
Change (USD)

637,337

520,999

5,268,685

4,577,470-13.12%

1

Paraguay

146,367

154,427

1,242,031

1,333,996

7.40%

2

Bolivia

200,452

138,287

1,436,794

1,032,871-28.11%

3

Argentina

66,50049,332

510,421514,650

0.83%

4Uruguay

27,34939,619250,349

368,384

47.15%

5

Chile

31,66826,405336,579

273,862-18.63%6

Peru56,24439,902

377,051

262,737-30.32%

7South Africa

11,503

4,481

210,936

91,315-56.71%

8

Mexico

6,268

9,809

61,576

83,41435.47%

9

Ecuador

7,869

7,639

64,69864,546-0.23%

10

Germany

25,696

6,692

112,21359,262-47.19%096 惠達雜誌Industry Focus >>HS 8205 Hand Tools, Blow Torches, Anvils
Rank

CountryWorld

Jan-Jul 2022
(kg)

Jan-Jul 2023
(kg)

Jan-Jul 2022
(USD)

Jan-Jul 2023
(USD)

Same Period
Change (USD)

1,589,230

1,337,294

10,366,621

9,832,742-5.15%

1

Paraguay

222,510

188,367

1,453,508

1,410,127-2.98%

2Peru

405,089

303,615

1,220,289

1,036,272-15.08%3

Bolivia

253,942

241,204

1,004,884

1,027,198

2.22%

4

Argentina

87,22553,957

833,103902,866

8.37%

5

USA

27,91023,573747,000

759,707

1.70%

6

Mexico62,766

158,307249,285

651,550

161.37%

7Chile

27,55423,981

588,657

515,947-12.35%8

Venezuela

736

14,914

10,865420,3493768.84%

9Uruguay

56,14452,488387,457

402,0113.76%

10

Ecuador

38,256

31,644

289,500

264,986-8.47%HS 8207 Interchangeable Tools for Hand Tools or Machine Tools
Rank

Country
World

1

USA

Jan-Jul 2022
(kg)

Jan-Jul 2023
(kg)

Jan-Jul 2022
(USD)

Jan-Jul 2023
(USD)

Same Period
Change (USD)

3,716,666

3,210,455

91,924,740

78,428,537-14.68%954,722

1,074,622

28,125,976

30,951,053

10.04%

2

Mexico121,118

641,095

4,339,343

11,656,141

168.62%

3

Netherlands

245,308

150,325

15,573,535

10,672,943-31.47%

4

Argentina

1,978,164

507,864

29,136,847

8,128,233-72.10%5

Colombia

89,014534,016

1,269,710

3,232,786

154.61%

6

Paraguay

89,44475,7292,253,446

1,935,366-14.12%

7

Australia

14,731

21,153

1,195,984

1,746,459

46.03%

8Japan

11,466

8,157

1,647,832

1,252,674-23.98%

9

Italy

4,184

4,985

714,192

1,152,314

61.35%

10

Russia

0

2,966

0

911,979

N/A

TaiwanIn the first 7 months of 2023, Taiwan imported approximately 0.46
million tons of hand tools (product code 8205), 0.42 million tons ofinterchangeable hand tools (product code 8207) and 0.34 million
tons of hand-operated wrenches (product code 8204), representing adecrease of 21.28%, an increase of 11.86%, and a decrease of 32.02%
from the same period in 2022, respectively. Taiwan exported about
46 thousand tons of hand tools (product code 8205), 45 thousand
tons of hand-operated wrenches (product Code 8204) and 0.71
million tons of interchangeable hand tools (product code 8207),
representing decreases of 28.56%, 19.83% and 23.93% over thesame period of 2022, respectively.
Of the “8204” category (by weight), the top 3 import sourceswere China, Vietnam and Japan. Among the top 10 import sources,
Germany recorded the largest decline (-58.19%) over the previous
same period and Singapore recorded the largest increase (542.41%).
The top 3 export destinations were USA, China and Russia. Amongthe top 10 export destinations, China recorded the largest decrease(-48.04%) and Russia recorded the largest increase (45.63%).

Of the “8205” category (by weight), the top 3 importsources were China, Vietnam and Japan. Among the top
10 import sources, S. Korea recorded the largest decrease(-55.49%) and the Netherlands recorded the largest increase(258.76%) over the previous same period. The top 3 export
destinations were USA, Japan and Germany. Among the top
10 export destinations, USA registered the largest decrease(-36.15%) and Russia registered the largest increase (45.8%).
Of the “8207” category (by weight), the top 3 importsources were China, Japan and Vietnam. Among the top
10 import sources, Germany recorded the largest decrease(-32.49%) a nd Ca nada recorded t he la rgest i ncrease(13,311.34%) over the previous same period. The top 3 export
destinations were USA, China and Japan. Among the top 10
export destinations, Germany recorded the largest decrease(-48.38%) and Indonesia recorded the la rgest increase(107.85%) from the previous same period.
惠達雜誌

Hardware & Fastener Components - no60/2023

Source: Ministry of Industry, External Commerce and Service of Brazil

097

Industry Focus >>◣ Import
HS 8204 Hand-Operated Spanners & Wrenches
Rank

CountryWorld

Jan-Jul 2022
(kg)
5,076,798

Jan-Jul 2023
(kg)
3,451,009

Same Period
Change-32.02%Jan-Jul 2022
(USD)
29,792,064

Jan-Jul 2023
(USD)
21,342,238

Same Period
Change-28.36%

1

China

3,946,087

2,635,895-33.20%20,242,082

12,719,415-37.16%2

Vietnam

881,139

604,490-31.40%4,075,287

3,400,576-16.56%

3

Japan

103,143

94,329-8.55%

2,278,776

1,790,832-21.41%

4

India

65,85537,850-42.53%343,998

196,567-42.86%

5

Turkey22,70023,853

5.08%

197,274

217,640

10.32%

6USA

11,71011,610-0.85%

748,834

868,184

15.94%

7

Italy

9,037

7,118

-21.24%88,593

71,391-19.42%

8

Germany

12,4775,217-58.19%579,826

534,865-7.75%

9

Spain

1,121

3,361

199.82%

32,981

119,297261.71%10Singapore

448

2,878

542.41%

21,16012,225-42.23%HS 8205 Hand Tools, Blow Torches, Anvils
Rank

Country

Hardware & Fastener Components - no.60/2023

World

Jan-Jul 2022
(kg)

Jan-Jul 2023
(kg)

Same Period
ChangeJan-Jul 2022
(USD)

Jan-Jul 2023
(USD)

Same Period
Change5,864,131

4,615,959-21.28%34,069,398

26,103,688-23.38%

1

China

5,342,341

4,123,412-22.82%

21,299,057

14,910,765-29.99%2

Vietnam

167,144

210,39325.88%

718,715996,227

38.61%

3

Japan

135,426

101,405-25.12%

3,996,955

2,574,538-35.59%4

Germany

35,76424,947-30.25%

1,795,822

1,186,332-33.94%

5

India

27,55020,707-24.84%

165,405

136,405-17.53%

6

Netherlands

5,560

19,947258.76%752,425

1,021,284

35.73%

7

United States

20,32916,621-18.24%

1,963,839

1,884,225-4.05%

8

Italy

19,734

13,178-33.22%

256,606

239,189-6.79%

9

Thailand

15,995

12,524-21.70%175,331

72,335-58.74%

10

S. Korea

12,7185,661-55.49%268,374

185,667-30.82%HS 8207 Interchangeable Tools for Hand Tools or Machine Tools
Rank

CountryWorld

Jan-Jul 2022
(kg)

Jan-Jul 2023
(kg)

Same Period
ChangeJan-Jul 2022
(USD)

Jan-Jul 2023
(USD)

Same Period
Change3,771,807

4,219,087

11.86%

102,991,590

88,055,801-14.50%1

China2,887,966

3,139,807

8.72%

38,551,552

38,980,942

1.11%

2

Japan

289,558

402,251

38.92%

33,963,682

23,203,400-31.68%3

Vietnam155,202200,435

29.14%

1,106,658

1,792,24161.95%

4

Germany

152,502102,950-32.49%6,077,699

5,697,510-6.26%

5

S. Korea

114,039

97,247-14.72%8,039,428

5,831,600-27.46%

6

Canada247

33,126

13,311.34%

385,405

618,25460.42%

7

India

3,344

25,786671.11%

279,657

332,601

18.93%

8Singapore

16,421

13,361-18.63%

3,966,234

2,506,441-36.81%9

USA16,15012,454-22.89%2,267,638

1,808,446-20.25%

10

Sweden4,176

11,081

165.35%203,577

94,162-53.75%098 惠達雜誌Industry Focus >>◣ Export
HS 8204 Hand-Operated Spanners & Wrenches
Rank

CountryWorld

Jan-Jul 2022
(kg)

Jan-Jul 2023
(kg)

Same Period
ChangeJan-Jul 2022
(USD)

Jan-Jul 2023
(USD)

Same Period
Change56,239,146

45,089,341-19.83%518,762,245

460,378,885-11.25%

1

USA

24,980,926

20,284,894-18.80%229,066,523

195,206,947-14.78%2

China

9,775,692

5,079,564-48.04%49,199,882

25,039,782-49.11%

3

Russia1,158,743

1,687,444

45.63%

12,652,391

19,000,996

50.18%

4

Germany

2,117,262

1,672,452-21.01%

29,449,094

26,186,638-11.08%5Netherlands

1,888,110

1,583,700-16.12%

21,933,303

22,706,178

3.52%

6

Australia

1,803,367

1,499,884-16.83%

20,635,625

17,591,207-14.75%

7

France1,330,745

1,109,791-16.60%19,235,143

18,562,283-3.50%

8

Japan

1,176,316

1,044,282-11.22%

17,010,558

18,571,422

9.18%

9

Indonesia

901,311868,254-3.67%

5,999,787

5,616,351-6.39%

10

U.K.

839,154806,675-3.87%

9,612,682

10,004,349

4.07%

Rank

CountryWorld

Jan-Jul 2022
(kg)

Jan-Jul 2023
(kg)

Same Period
ChangeJan-Jul 2022
(USD)

Jan-Jul 2023
(USD)

Same Period
Change64,761,297

46,264,253-28.56%

747,233,175

585,142,681-21.69%1

USA

29,776,176

19,012,578-36.15%

330,199,033

244,236,600-26.03%

2

Japan

3,363,002

2,711,158-19.38%44,296,615

36,209,032-18.26%

3

Germany

2,832,924

1,977,853-30.18%38,790,322

28,833,079-25.67%

4

U.K.

2,653,295

1,950,331-26.49%36,280,553

26,341,379-27.40%5

China

1,935,443

1,935,513

0.00%

19,092,702

13,841,030-27.51%

6

Australia

2,338,192

1,856,707-20.59%28,564,265

26,026,934-8.88%

7

Russia1,168,770

1,704,114

45.80%

13,759,138

19,423,906

41.17%

8

Netherlands

1,869,159

1,441,040-22.90%26,509,024

20,125,583-24.08%9

Mexico1,629,529

1,220,168-25.12%

16,152,142

13,678,059-15.32%

10

Sweden1,300,437

1,181,146-9.17%

15,728,398

13,930,548-11.43%HS 8207 Interchangeable Tools for Hand Tools or Machine Tools
Rank

CountryWorld

Jan-Jul 2022
(kg)

Jan-Jul 2023
(kg)

Same Period
ChangeJan-Jul 2022
(USD)

Jan-Jul 2023
(USD)

Same Period
Change9,372,464

7,129,752-23.93%319,914,958

250,751,046-21.62%

1USA2,859,519

2,123,620-25.74%

59,181,125

50,465,164-14.73%

2

China

1,471,813

1,165,332-20.82%

101,721,629

69,692,170-31.49%3

Japan859,581748,687-12.90%19,027,285

15,848,150-16.71%

4

Vietnam

441,396445,887

1.02%

10,928,081

8,529,527-21.95%

5

Malaysia

274,810

288,046

4.82%

5,085,757

4,050,900-20.35%

6

Russia229,865

264,13114.91%

7,313,021

9,920,462

35.65%

7

Germany

324,418

167,469-48.38%

12,773,702

10,254,466-19.72%

8

Indonesia

78,876

163,945107.85%4,770,199

6,281,518

31.68%

9

Thailand

183,236

150,727-17.74%

11,628,018

9,317,643-19.87%

10

India

85,289128,448

50.60%

5,184,397

5,643,548

8.86%

Source: Bureau of Foreign Trade (Taiwan)
惠達雜誌Hardware & Fastener Components - no60/2023

HS 8205 Hand Tools, Blow Torches, Anvils

099

Industry Focus >>Japan
In the first 7 months of 2023, Japan imported about 36,000 tons of hand tools (Japan product code 61705), down
10.43% from the same period in 2022. In terms of value, Japan imported about 99.6 billion yens of hand tools, down 4.13%
from the same period in 2022, and exported about 40,400 tons of hand tools, down 6.96% from the same period in 2022. In termsof value, exports amounted to 237.9 billion yens, a decrease of 3.49% from the same period in 2022.
The top 3 import sources were China, S. Korea and Taiwan. Among the top 10 import sources, Taiwan experienced thelargest decline (-17.41%, by weight) over the previous same period, while Indonesia experienced the largest increase (48.23%).
The top 3 export destinations were Mexico, USA and China. Among the top 10 export destinations, India recorded the largest decrease (49.8%, by weight) and Mexico recorded the largest increase (843.72%) from the previous same period.

◣ Import
Rank

CountryWorld

Jan-Jul 2023
(kg)

Same Period
ChangeJan-Jul 2022
(JPY1,000)

Jan-Jul 2023
(JPY1,000)

Same Period
Change40,761,376

36,509,391-10.43%103,992,288

99,697,627-4.13%

China

23,381,651

21,271,790-9.02%

38,416,964

35,662,502-7.17%

2

S. Korea

5,998,157

5,230,056-12.81%

11,349,024

10,580,754-6.77%

3

Taiwan6,076,110

5,018,151-17.41%

12,198,781

11,818,157-3.12%

4

Vietnam

868,977

858,451-1.21%

5,061,682

4,558,414-9.94%

5

Thailand

833,576

800,626-3.95%

5,451,800

5,456,175

0.08%

6

Germany

875,388778,367-11.08%6,694,858

6,752,755

0.86%

7

USA

650,172

597,284-8.13%

6,108,295

6,370,407

4.29%

8

Indonesia

292,328

433,31348.23%

1,589,547

1,635,424

2.89%

9

Switzerland

199,844

213,486

6.83%

2,242,672

2,493,755

11.20%

10

Philippines

168,688

195,943

16.16%

673,139

655,196-2.67%

Rank

CountryWorld

Hardware & Fastener Components - no.60/2023

Jan-Jul 2022
(kg)

1

◣ Export

100

Japan P.C. Code 61705 All hand tools

Japan P.C. Code 61511 All hand tools
Jan-Jul 2022 Jan-Jul 2023 Same Period Jan-Jul 2022 Jan-Jul 2023 Same Period
(kg)
(kg)
Change(JPY1,000)(JPY1,000)
Change43,480,289

40,455,327-6.96%

246,546,328

237,949,763-3.49%

1

Mexico1,111,581

10,490,229

843.72%5,100,975

22,376,963

338.68%2

USA

13,780,311

8,833,559-35.90%51,985,103

49,241,559-5.28%

3

China

5,679,371

5,436,591-4.27%

50,520,473

40,682,679-19.47%

4

Indonesia

3,289,114

2,327,057-29.25%

8,913,972

7,221,366-18.99%5

S. Korea

2,284,888

2,209,243-3.31%

14,147,667

13,140,137-7.12%

6

Thailand

2,547,711

1,502,662-41.02%

18,785,757

15,735,978-16.23%7

India

2,703,743

1,357,383-49.80%10,422,714

9,653,520-7.38%

8

Turkey121,159

1,034,858

754.13%852,8032,335,698

173.88%

9

Taiwan1,101,600

906,773-17.69%13,702,262

9,883,503-27.87%

10

Germany

884,620

656,546-25.78%12,670,217

13,689,448

8.04%

Source: Ministry of Finance, Japan

Conclusion
Summarizing the above data, the import and export of hand tools from USA, Canada, Japan, Taiwan, and Brazil increased or
decreased in the first 7 months of 2023, and there are obvious changes in the import and export with certain trade partners, which
are worth noting. Manufacturers interested in exploring these markets may consider launching competitive products with better
design in these categories to capitalize on the trend and expand their market share in these countries/regions.
惠達雜誌