Which Country Exports the Most Electro-Mechanical Tools in the World?

Power-Driven Hand Tools May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, the global electro-mechanical tool exports stood at 926K tonnes, growing by 5% against the previous year figure. The total export volume increased at an average annual rate of +1.1% from 2007 to 2016; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2011, when exports increased by 12% against the previous year level. Global electro-mechanical tool export peaked of 930K tonnes in 2014; however, from 2015 to 2016, it failed to regain its strength.

In value terms, electro-mechanical tool exports stood at $21B in 2016. The total export value increased at an average annual rate of +1.2% over the period from 2007 to 2016; the trend pattern indicated some noticeable fluctuations in certain years. Global electro-mechanical tool export peaked of $22B in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Top Electro-Mechanical Tool Exporting Countries in the World

1. China (8.5 billion USD)

2. Germany (2.8 billion USD)

3. USA (1.3 billion USD)

4. Belgium (0.9 billion USD)

5. Mexico (0.8 billion USD)

6. Austria (0.7 billion USD)

7. Japan (0.7 billion USD)

8. China, Hong Kong SAR (0.6 billion USD)

9. Hungary (0.4 billion USD)

10. Netherlands (0.4 billion USD)

11. Czech Republic (0.4 billion USD)

Electro-Mechanical Tool Exports By Country

In 2016, China (405K tonnes) was the largest exporter for electro-mechanical tool, comprising 44% of total exports. It was distantly followed by Germany (111K tonnes), committing 12% share of total electro-mechanical tool exports. The U.S. (38K tonnes), Mexico (35K tonnes), Hungary (30K tonnes), China, Hong Kong SAR (29K tonnes), the Netherlands (26K tonnes), Japan (26K tonnes), Belgium (25K tonnes), Austria (22K tonnes), and Czech Republic (16K tonnes) took the slight share of total exports.

From 2007 to 2016, average annual rates of growth with regard to electro-mechanical tool exports from China stood at +4.9%. At the same time, the Netherlands (+11.9%), China, Hong Kong SAR (+9.0%), Austria (+8.4%), and Hungary (+8.0%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest growing importer/exporter in the world, with a CAGR of +11.9% from 2007-2016. Czech Republic experienced a relatively flat trend pattern. By contrast, Mexico (-1.0%), Germany (-1.1%), the U.S. (-4.8%), Belgium (-8.3%), and Japan (-8.9%) illustrated a downward trend over the same period. While the share of Japan (4%), Belgium (3%), and the U.S. (2%) increased significantly, the share of Hungary (-1.6%), China, Hong Kong SAR (-1.7%), the Netherlands (-1.8%), and China (-15.4%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($8.5B) remains the largest electro-mechanical tool supplier in the world, making up 40% of global exports. The second position in the ranking was occupied by Germany ($2.8B), with the share of 13% of global exports. It was followed by the U.S., with the share of 6%.

From 2007 to 2016, the average annual rate of growth in terms of value of electro-mechanical tool exports in China expanded at +6.2%. The remaining exporting countries recorded the following average annual rates: Germany (-2.9% per year) and the U.S. (-0.9% per year).

Electro-Mechanical Tool Export Prices By Country

In 2016, the average export price for electro-mechanical tool amounted to $23 per kg, dropping by -2.0% against the previous year. In general, electro-mechanical tool export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by 12% from the previous year level. Over the period under review, average electro-mechanical tool export price attained its maximum level of $25 per kg in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was the U.S. ($35 per kg), while Hungary ($13 per kg) was among the lowest.

From 2007 to 2016, the most notable growth rate of electro-mechanical tool export prices was attained by the U.S. (+4.1% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global electro-mechanical tool market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • electro-mechanical tool market share
  • electro-mechanical tool prices
  • electro-mechanical tool industry
  • electro-mechanical tool sales
  • electro-mechanical tool import
  • electro-mechanical tool export
  • electro-mechanical tool market forecast
  • electro-mechanical tool price forecast
  • key electro-mechanical tool producers

All data provided in this article covers the following product: HS Code 8467 - Tools; for working in the hand, pneumatic, hydraulic or with self-contained electric or non-electric motor.

Source: World: Electro-Mechanical Tools (Drills Of All Kinds, Saws Or Other) - Market Report. Analysis and Forecast to 2025