2022
Exports | Imports
$189M | $43.6MWorld Rnk 5 / 200
Flag Rnk 320 / 1212
World Rnk 24 / 219
Flag Rnk 628 / 1206
2022
ECONOMIC COMPLEXITY of India
0.57Rnk 42 / 124
2022
PRODUCT COMPLEXITY IN Wrenches
1.26Rnk 92 / 1025

About

Exports In 2022, India exported $189M in Wrenches, making it the 5th largest exporter of Wrenches in the world. At the same year, Wrenches was the 320th most exported product in India. The main destination of Wrenches exports from India are: United States ($52.4M), Germany ($18.2M), Russia ($12.3M), United Arab Emirates ($10.4M), and Brazil ($9.52M).

The fastest growing export markets for Wrenches of India between 2021 and 2022 were United Arab Emirates ($2.59M), Poland ($1.59M), and Indonesia ($1.38M).

Imports In 2022, India imported $43.6M in Wrenches, becoming the 24th largest importer of Wrenches in the world. At the same year, Wrenches was the 628th most imported product in India. India imports Wrenches primarily from: China ($25.5M), Chinese Taipei ($5.14M), Germany ($2.58M), Japan ($2.51M), and United States ($2.31M).

The fastest growing import markets in Wrenches for India between 2021 and 2022 were China ($3.18M), Chinese Taipei ($1.49M), and United States ($1.26M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (7.5k), IKEA SUPPLY AG (5.85k), and ABB MOTORS AND MECHANICAL INC (3.33k) were at the forefront of shipping Wrenches from India to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Wrenches. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$189M
IMPORTS (2022)$43.6M
NET TRADE (2022)$145M

In 2022, India exported $189M in Wrenches. The main destinations of India exports on Wrenches were United States ($52.4M), Germany ($18.2M), Russia ($12.3M), United Arab Emirates ($10.4M), and Brazil ($9.52M).

In 2022, India imported $43.6M in Wrenches, mainly from China ($25.5M), Chinese Taipei ($5.14M), Germany ($2.58M), Japan ($2.51M), and United States ($2.31M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR India WERE (2021 - 2022):
United Arab Emirates$2.59M (33.4%)
Poland$1.59M (26.9%)
Indonesia$1.38M (74.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY India WERE (2021 - 2022):
Brazil-$2.73M (-22.3%)
Egypt-$2.19M (-53.5%)
United States-$2.05M (-3.75%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Wrenches were:
In 2022, India's main importing competitors in Wrenches were:

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Trade Value of Wrenches by Exporters

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