Socket wrenches trade by country: top importers, exporters and prices
World trade in socket wrenches was worth $1.62 billion in 2024, about 183.5 thousand tonnes. That is an increase of 57% since 2017, and up 8% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.62B | 183.5K t |
| 2023 | $1.50B | 153.8K t |
| 2022 | $1.59B | 171.6K t |
| 2021 | $1.48B | 160.1K t |
| 2020 | $1.11B | 127.9K t |
| 2019 | $1.21B | 137.5K t |
| 2018 | $1.19B | 139.6K t |
| 2017 | $1.03B | 124.9K t |
Top socket wrenches exporting countries
Taiwan is the largest exporter with 37% of world exports, followed by China and Germany. The top three supply 77% between them, out of 177 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Taiwan | $595.9M | 37% |
| China | $532.1M | 33% |
| Germany | $121.5M | 7.5% |
| United States | $64.2M | 4% |
| Vietnam | $38.2M | 2.4% |
| Netherlands | $27.9M | 1.7% |
| Sweden | $26.5M | 1.6% |
| Italy | $21.0M | 1.3% |
| Spain | $20.1M | 1.2% |
| France | $19.3M | 1.2% |
| Japan | $18.9M | 1.2% |
| Poland | $18.9M | 1.2% |
Top importing countries and buyer markets
The United States is the biggest buyer with 26% of world imports, ahead of Germany and France. Demand is spread widely: the top three take 38% across 218 importing countries.
| Importer | Value | Share |
|---|---|---|
| United States | $415.5M | 26% |
| Germany | $128.1M | 7.9% |
| France | $75.0M | 4.6% |
| Poland | $58.8M | 3.6% |
| Canada | $58.6M | 3.6% |
| United Kingdom | $56.2M | 3.5% |
| Netherlands | $54.9M | 3.4% |
| Mexico | $49.6M | 3.1% |
| Australia | $45.0M | 2.8% |
| Russia | $42.1M | 2.6% |
| China | $38.9M | 2.4% |
| Belgium | $38.6M | 2.4% |
Average price per kg
The world average declared value was about $8.85 per kg in 2024. Among the main exporters, Sweden averaged $29.81 per kg and China $5.58 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Related product types
Who is behind these numbers in this market?
The shipment records behind Socket wrenches (HS 8204.20) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8204.20: Tools, hand: interchangeable spanner sockets, with or without handles. HS 8204 codes.
Common questions
Which countries export the most socket wrenches?
Taiwan exported $595.9 million in 2024, 37% of the world total, followed by China (33%) and Germany (7%). In all, 177 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most socket wrenches?
The United States imported $415.5 million in 2024, 26% of world imports, ahead of Germany (8%) and France (5%). The top three importers together take 38%. Each country with its own page is linked from the table.
How big is the world trade in socket wrenches?
It was worth $1.62 billion in 2024, about 183.5 thousand tonnes. That is an increase of 57% since 2017. 2024 was the highest year since 2017. 177 countries reported exports and 218 reported imports.
What is the average price of socket wrenches per kg?
The world average declared value was about $8.85 per kg in 2024. Among the main exporters, Sweden averaged $29.81 per kg and China $5.58 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for socket wrenches?
The HS code for socket wrenches is subheading 8204.20, in chapter 82 (tools, implements, cutlery, spoons and forks, of base metal; parts thereof, of base metal). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 8204 page.
How can I find socket wrenches buyers and suppliers?
The rankings here stop at countries; EximDataX goes down to the companies trading socket wrenches, from direct customs feeds and mirror data. Tell us your markets to see them live.
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.